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BTC4Retirement
Mar 5, 2024 12:36 AM

AMC - So you're saying there's a chance? Long

AMC Entertainment Holdings, Inc.NYSE

Description

Michael Saylor once said "If BTC doesn't go to Zero, it's going to MIL:1M+". While I don't think AMC will ever be a moonshot like Bitcoin, I do think that if they don't go bankrupt in the next 2 years, there's a pretty good chance we 2x - 5x from current levels in the next 3 - 5 years. I'm using this video for myself as a Vlog to manage my emotions in what I imagine will be a wild ride (up and down) for this trade. I'll be curious to look back on this in 2026. I'll either look like a genius, or just another retail investor thinking they could beat the market. ;-)
Comments
Bravetotrade
Congratulations and well done for sharing your first idea with the community.
Hope you will be having great experience.
Thanks for your contribution.
From mod @Bravetotrade
yurii678
2x-5x in 3-5 years, yeah, super hard to miss
BTC4Retirement
@yurii678 What can I say? I’m a conservative long term investor with the goal of doubling my account every 2 years. I’ve done it successfully for 13 years now… Slow and steady wins the race. ;-)
yurii678
@BTC4Retirement you don’t understand how and why market moves, and what are liquidity zones
BTC4Retirement
I do actually. But thanks for the comment and making a judgment after a 5 min video without offering any insight of your own.
Chartguru1
@BTC4Retirement, kudos on ur chart
BTC4Retirement
Looks like AMC is breaking down even further. Hard to believe - but price action dictates that it is not yet time to take any long positions. There is something fishy with this stock…. TA doesn’t work, the financials of the company don’t align with the stock price, and call/put options are all ending at a complete loss every week on both sides. If I were a conspiracy theorist, I’d say something / someone is suppressing price. It’s not a normal supply demand curve and market maker Bot algos aren’t working. Hmmmmmm…. ;-)
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