$GameStop(GME)$Don’t worry about AMC’s pricemovement yesterday. To me, these are all tactics to make you sell. Price is the only metric for me and right now I think the price is wrong. HedgeFuks can try all they want.
A few things may happen from here.
1. Let AMC climb higher, then crash it down to “setan example of what happens to bag holders”
2. Let AMC climb higher than GME again and claimAMC is the “real” squeeze. This is happening right now on US media, but AMC holders ain’t stupid either. AMC holders feel a fake squeeze is coming.
3. Dump both AMC and GME on 28/5, and let investors panic over the long weekend (Monday is a public holiday in US), followed by a crash when market opens on Tuesday.
4. Both stocks rise right before close on 28/5, let new investors FOMO in on Tuesday morning, and crash it down before close.
To be clear, I think both stonks are squeezable. However, do not sell your position in one to buy in on the other.
This is not financial advice, just a opinion from an individual investor.
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