ChrisOh
2021-09-01

$AMC Entertainment(AMC)$The reason why many people asked to buy the dip and hold. And dont do swing trade is because MOASS might come anytime.


And I read it somewhere. During the MOASS, there's possibility that HF might buy the 1st share at 10k, so that it can block out most of the retail investors from buying it. 


So when you start doing swing and sell for that few hundreds profit, you might be missing out that few 10k in that next minutes... cause by then you will not be able to afford buying 1 shares at 10k.


Do the math, do your own DD. Not financial advise. It cost nothing to just hold. Best is buy the dip to average down. Stop using Covid as an excuse anymore, everywhere is starting to open up, Covid will become like a common cold/flu I  your everyday life.


But no matter what, Please do not stop-loss at red. You don't play stock just to lose money. Hold and average down even not for AMC stock.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • Philipoo
    2021-10-03
    Philipoo
    Great! Like please!
  • BigStonks101
    2021-09-30
    BigStonks101
    Well said, my friends told me To stop loss at red but im still reluctant. I doNt believe i hold bad or memestocks, just entered at the wrong time
  • NK_NRD
    2021-09-30
    NK_NRD
    Thanks for sharing
  • Bernard
    2021-09-01
    Bernard
    please 10k so i can pee on my boss table
  • R3dW0p
    2021-09-01
    R3dW0p
    yea man, not advisable to do swing trades cause you cant predict the waves, especially in volatile stocks. hodl maximises your profit
  • Darren77
    2021-10-05
    Darren77
    Thanks. Will look out for this stock.
Leave a comment
53
2