Congrats to all retail investors who have held their $AMC Entertainment(AMC)$positions in the past month and not selling when AMC was attacked heavily by the shorts.
As mentioned before, unrealised loss is just paper loss; if you sell, you lose, but if you hold, you'll make profit (for AMC stock) when the time comes.
AMC is on the upward trend now. It's likely to have more green days ahead. Who knows, there will be another squeeze soon (not the MOASS).
I do have friends who had invested in AMC early this year and they were paperhands. They turned biased again AMC because they lost money. If they were to trust themselves and held on to their AMC positions, they would have made at 10s of thousands during the early June squeeze. So, when they knew I was investing in AMC, they were very negative about it.
I got to talk to one of them during the weekend. She told me she's very tempted to get into position when AMC went under $30. I don't think she bought in.
However, the point which I wish to being across here is that there are paperhands who have fallen over here before. However, these people are slowly finding confidence back in AMC. They have witnessed how apes have held firmly over their positions although the short attack was massive for the past two months. They know the potential in AMC.
I believe when AMC rises to a certain price, more people will regain their confidence and start investing in AMC again.
Nevertheless, do wait for the mother of all short squeeze. We will make big money together.
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