Yeah I jumped the AMC ship for GME after watching Adam Aaron, the CEO of AMC, talk. He screams snake oil salesmen and I can’t trust it. Ryan Cohen and the GameStop team seem much more aware of shit.
AMC isn't a play on the merits of the company. It's a technical play on the stock market.
Over shorted stocks are over shorted stocks regardless of company valuations.
That said, I'm an XXX owner of both and I believe GME is the primary play here with AMC having a lot of potential as well. It's all about diversification.
All I think about is GME. I was thinking the squeeze might be the white hats transferring wealth to us apes and Patriots to not only destroy wall street but also give us the resources to fight the globalists in the courts. Up here in chinada Trudeau gave the provinces billions to fight us in the courts when we challenge the vax mandates. I'm going to use my tendies to destroy everyone pushing this covid lie. But my brain is smooth so who knows...
AMC has issued more shares equal to x5 what the float was before January.
AMC = 500m shares
Price = $40
GME = 76M shares
Price = $175
500 divided by 76 = 6.5
175 divided by 40 = 4.3
1 GME is superior to 4.3 AMC. This is because 1 GME should be worth 6.5 AMC ($260) due to the float difference.
Therefore GME, although higher price per share, is a better deal than AMC. This is due to the comparatively small float.
Now when MOASS starts the difference is neglible. But GME is way more bang for your buck, although it is not obvious just by looking at the price.
Quality > Quantity.
If someone were insistent on avoiding GME, then KOSS is the better alternative than AMC. It only has a 4m float with a price of $18, and short interest is very high. GME remains the best due to the potential for dividends as the trigger.
Well, I'm still gonna HODL AMC.
I believe that Wanda, the Chinese group, sold their stake in AMC several months ago.
Yeah I jumped the AMC ship for GME after watching Adam Aaron, the CEO of AMC, talk. He screams snake oil salesmen and I can’t trust it. Ryan Cohen and the GameStop team seem much more aware of shit.
AMC isn't a play on the merits of the company. It's a technical play on the stock market.
Over shorted stocks are over shorted stocks regardless of company valuations.
That said, I'm an XXX owner of both and I believe GME is the primary play here with AMC having a lot of potential as well. It's all about diversification.
All I think about is GME. I was thinking the squeeze might be the white hats transferring wealth to us apes and Patriots to not only destroy wall street but also give us the resources to fight the globalists in the courts. Up here in chinada Trudeau gave the provinces billions to fight us in the courts when we challenge the vax mandates. I'm going to use my tendies to destroy everyone pushing this covid lie. But my brain is smooth so who knows...
AMC has issued more shares equal to x5 what the float was before January.
AMC = 500m shares
Price = $40
GME = 76M shares
Price = $175
500 divided by 76 = 6.5
175 divided by 40 = 4.3
1 GME is superior to 4.3 AMC. This is because 1 GME should be worth 6.5 AMC ($260) due to the float difference.
Therefore GME, although higher price per share, is a better deal than AMC. This is due to the comparatively small float.
Now when MOASS starts the difference is neglible. But GME is way more bang for your buck, although it is not obvious just by looking at the price.
Quality > Quantity.
If someone were insistent on avoiding GME, then KOSS is the better alternative than AMC. It only has a 4m float with a price of $18, and short interest is very high. GME remains the best due to the potential for dividends as the trigger.