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Would you buy the dip in AMC or GME, if you were given $1,000 now?
In trading on Friday, shares of $AMC Entertainment (AMC.US)$ and $GameStop (GME.US)$ crossed below their 200-day moving average.
AMC shares were trading lower last week after the CDC confirmed the first Omicron case in the US. Theaters shut down in 2020 amid the start of the pandemic and variant uncertainty has driven fears of possible lockdown measures.
AMC closed Friday’s session lower by 4.2% at $29.01, well off the stock's intraday low of $25.31.
Shares of GameStop, were trading lower as well, following worse-than-expected US job growth data.
GameStop closed Friday’s session lower by 5.1% at $172.39, off the intraday low of $159.05.
If you had $1,000 right now, would you buy the dip in AMC or GME?
AMC shares were trading lower last week after the CDC confirmed the first Omicron case in the US. Theaters shut down in 2020 amid the start of the pandemic and variant uncertainty has driven fears of possible lockdown measures.
AMC closed Friday’s session lower by 4.2% at $29.01, well off the stock's intraday low of $25.31.
Shares of GameStop, were trading lower as well, following worse-than-expected US job growth data.
GameStop closed Friday’s session lower by 5.1% at $172.39, off the intraday low of $159.05.
If you had $1,000 right now, would you buy the dip in AMC or GME?
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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Movers and Shakers
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扶不起阿斗 : don't speculate, these are stocks shorted by Melvin capital and they are still holding their shorts
THEWIZARD : Well, IF you give me the $1,000, you'll have the answer.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
LOL!
Jasper CS Tan THEWIZARD : Good one
搞经济 抄底 加仓 : Yes, why not.. To the Moon or something else
THEWIZARD Jasper CS Tan : Waiting for @Movers and Shakers to send the $1000 cash voucher and will update with daily EOD reports.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
LOL!
ErPFeng : Have you given me $1000
? So I'm not going to buy either of them now![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
MruKu : AMC certainly better
Mr Trecherous : Just Give Me The
and $GameStop (GME.US)$ And no one gets hurt ![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
71551643 : I would place those thousand in other stocks. With more opportunity to move up.
ngng001 : daily
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