$AMC Entertainment (AMC.US)$ heading on a down trend
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I've been trading and looking to give and take advice!
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rennymc : Heading on a BUY trend
MisterJ420 : where the hell you see that?
AlvnR33 : yea I don't see it either can u point it out?
RyJTelecom OP : its literally like right there its crazy how noone sees it
MrSaucy : I say the same. Stock buyers believe it's going stay between $41.00 to $59.00 or up but it's going to drop super fast. It's only going up because of the memes. If you look past pre covid 19 stocks never hit this high. It makes sense for those who had thousands of dollars already before the meme to sell. The CEO of AMC gifted 500k to each of his son's now worth 25M when it spiked.
RyJTelecom OP MrSaucy : exactly!! that stock shouldn't be worth that much in such a short time frame. alot of people do not understand the fundamentals that goes into stocks.. i say it drops minimum half what the price is right now. im actually super surprised $GameStop (GME.US)$ is as high as it is. But as we have seen this market is real funny, and some weird shit happens. lol
RyJTelecom OP rennymc : weird as shit huh?
RyJTelecom OP rennymc : weird as shit huh? it's like I'm a magician
RyJTelecom OP AlvnR33 : is it pointed out enough for you yet?
RyJTelecom OP MisterJ420 : do you see it now buddy?
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