This is a pyramid scheme. Get out while you still can. This is a scam, so don't fall for it.
Good idea to stop taking investment advice from people on the internet. Didn't your parents ever tell you, don't believe what you hear from strangers. I guess these Apes (aka. Marks) haven't learned this valuable lesson. SAVE YOURSELVES!!!!!
AMC will declare chapter 11 within the next 1-2 years. You have been warned.
AMC may or may not file chapter 11 in 1 to 2 years but this squeeze just needs days. At no point was this a buy n' hold forever play
psx13372
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@eugenezwu yet many 'apes' claim they're holding until it goes to 10k or whatever ridiculous target they have. obviously they're lying but still...
eugenezwu
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@psx13372, i think it's ok for them to claim that, but be it true or not, we can't ignore the fact that there is likely a chance of a violent spike in the short term. To what price? no one knows, but I'm playing along to experience it :)
psx13372
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@eugenezwu, well, good luck to you. i may be cynical but don't want anyone losing too much money
Orcishruler
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@eugenezwu, the squeeze already happened. The only upward movement you see is traders doing swing trades and some shorts covering at support. A squeeze you need a lot of new money. You are not going to get it with so many people already involved and media coverage being still high.
I don't know why you guys cant see that shorts can cover and not have an impact on the price movement. To squeeze, shorts have to cover all at the same time. Which doesn’t have to happen when the stock is like sub $10 during August. Do more research kids. Why do you think other none-meme stocks with high short interest don't ever experience shorts squeezes lol.
bigbruhnetwork
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why do you care?
AFKBanana
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@bigbruhnetwork, because some of us don't want to see people get rugged.