Investing General Discussion

Jysin said:

AMC going bonkers. Fun to watch on the sidelines, however, history this year has shown that when the memes run, the rest of the market seems to get neglected. Hope this isnt the start of another meme name distraction week.

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What kind of psychopath is still in AMC?

Gravel said:

What kind of psychopath is still in AMC?

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It just ran from ~$38 to ~$48 in the last 30 mins.

Gravel said:

What kind of psychopath is still in AMC?

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I bought it at 4 and sold it at 7.7. I don't like being in anything where the fundamentals don't add up.

Big Phoenix said:

Let the winners take profits.

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Yeah, I'll wait and hope you are right. If not, you motherfuckers need to send me a check for my losses.

I'm in V long term, regardless of whether or not Cramer likes it.

You should have done this last week when no one wanted.

From Carlos

BABA has fallen so far that it can go to 204 and still be in a down trend. Ouch.

Tmac said:

So what’s my buy in?

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You might open a trade here, but I wouldn't hold it too long. Anytime those stocks get on a run, the Chinese government decides to screw everyone in the ass raw. I'd rather short above 200 then buy now.

You might get a few days of green, but look at the trendline.

Between this guy and Larry Williams saying inflation will derail the rally we have right now, not sure what to believe.

Gravel said:

What kind of psychopath is still in AMC?

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700 shares at 42.00 strong

Just when it was getting fun. Analysts keep saying today we are euphoric right now, but increased inflation equals a big correction. I'd make sure I had powder in the keg for whenever the market worries about inflation and Fed tapering. Like Tom Lee said, those are buying opportunities.

More of the same

Wingz said:

700 shares at 42.00 strong

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Why? Investing off the "Greater Fool Theory" usually ends in tears.