AMC is around $20+ now if I'm not mistaken, so it's definitely more expensive and less impactful long-term considering it's a movie theater company that until recently was on the cusp of bankruptcy.
Feel free to invest, but I personally think investing in technology companies (and crypto) is a better long-term bet.
I don't consider GameStop an investment. I consider it a middle finger to the psychopathic hedge fund managers that would slit their mother's throat for a shekel. It's a gamble, not an investment and I'll only gamble as much as I can afford to lose. Fortunately compulsive gambling isn't one of my vices.
I've heard of people who had shares when it rose, sold and then bought more shares before they were being limited and are living their best life both rich and fucking over the establishment.
GS at this point is a spite stock, and if the momentum and unity keeps up (the things that killed off OWS once they were lost through identity politics being forced in by the feds) it might rise to Amazon levels in value soon.
Could be pipe dreaming, but I'd love to see it.
I’m betting on it rising more, both as a middle finger and as a speculative venture. Hopefully I can come out okay...
That would be awesome. I'd take the initial investment off the table at some point and let the rest ride until the end of time. Or I'll sell it all for a huge profit and give my gains away to a charity. Fuck wall street.
Nah - it’s at closer to 13, and won’t jump much higher.
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