facebookHow long will AMC Entertainment (AMC) and Blackberry (BB)continue with the bull run in the next few few days or weeks? - Seedly

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Anonymous

09 Jun 2021

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How long will AMC Entertainment (AMC) and Blackberry (BB)continue with the bull run in the next few few days or weeks?

AMC Entertainment (AMC) and Blackberry (BB) continue with the bull run

Discussion (6)

What are your thoughts?

Chris

Chris

03 Jun 2021

Level 14·Owner and Writer at Tortoisemoney.com

The last time I saw so many people (meaning people who don't usually talk about stocks) talk about a single stock, it was GME at end Jan and we all know what happened after that. GME took a 90% swing down over about 3 weeks. Of course, now we're about only 30% down but the point still stands I think.

That said, what do I know? The market can stay irrational for as long as it likes haha.

If you're invested already, remember to take some profits and if you're not, I don't think it's the wisest thing to enter now. Don't drink the kool-aid and think you're fighting some noble cause against the hedge funds and short sellers. Ultimately, everyone is in it to make a quick buck and many retail investors will end up bagholding when the hedge funds are done with their work.

Invest safe y'all.​​​

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It's all about naked shorts and gamma squeeze.

https://en.wikipedia.org/wiki/Naked_short_selling

https://en.wikipedia.org/wiki/Short_squeeze#Gam...

Most of the shares of AMC are held by retailers/investors yet the amount of shares shorted exceeded the float. So invest only if you want to teach these corrupted hedge funds practicing naked short selling a lesson and willing to diamond hands and lose money for the cause.​​​

If you have a lot of money to burn and/or like catching falling knife, by all means buy.

No matter ...

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