AMC is a distraction, it just remains popular with those who were too cheap to buy GME but the fundamentals and situation are not the same. GME has tons of data backing up the thesis while AMC rides on hopes and dreams.
I think its r/amcstock for AMC. I no longer bother with wallstreetbets. Its compromised (or was last I checked).
If you really want to know about AMC I would stick with r/superstonks for really good info on how it all works in general (though it is applied to GME on that sub) and r/amcstock for AMC specific stuff. I have a few AMC, but I don't spend any time on that reddit since I only have a few shares because I had extra money when buying GME.
I read that Citadel is long AMC. Hedge Funds are using it to hedge their short positions in GME. This is why the media is pumping AMC but won't discuss GME.
Stock trading sites created synthetic shares to loan to HF to run AMC out of business for lots of money. They got got. Now they have to buy real shares back. There are not enough real ones. HF falls, trading sites collapse, banks collapse, FED money printer go brrrrrrrr. Apes gets tendies. Pedes buy crypto. Cartel collapses. Global freedom.
AMC will likely experience some sort of squeeze (huge rapid rise) in price, though GME is as far as I know more shorted and will for that reason go higher. GME is the better play in my opinion. No reason not to invest in both, though.
AMC is a distraction, it just remains popular with those who were too cheap to buy GME but the fundamentals and situation are not the same. GME has tons of data backing up the thesis while AMC rides on hopes and dreams.
I think its r/amcstock for AMC. I no longer bother with wallstreetbets. Its compromised (or was last I checked).
If you really want to know about AMC I would stick with r/superstonks for really good info on how it all works in general (though it is applied to GME on that sub) and r/amcstock for AMC specific stuff. I have a few AMC, but I don't spend any time on that reddit since I only have a few shares because I had extra money when buying GME.
I read that Citadel is long AMC. Hedge Funds are using it to hedge their short positions in GME. This is why the media is pumping AMC but won't discuss GME.
Stock trading sites created synthetic shares to loan to HF to run AMC out of business for lots of money. They got got. Now they have to buy real shares back. There are not enough real ones. HF falls, trading sites collapse, banks collapse, FED money printer go brrrrrrrr. Apes gets tendies. Pedes buy crypto. Cartel collapses. Global freedom.
Https://wsbets.win
AMC will likely experience some sort of squeeze (huge rapid rise) in price, though GME is as far as I know more shorted and will for that reason go higher. GME is the better play in my opinion. No reason not to invest in both, though.
https://www.reddit.com/r/UraniumSqueeze
Join this instead... it's for the adults