Tag: Gamestop GME

Is It Too Late To Get In On AMC Stock?

Is it too late to get in on AMC stock?
Is it too late to buy AMC Entertainment stock?

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If you’ve been following the stock market news you’ve probably heard of all the hype surrounding AMC stock and GME (GameStop).

It wasn’t long before traders flocked over to AMC after the massive gains GameStop yielded due to the high percentage of shorting within the stocks.

Shorting a stock is the process by which sellers essentially bet on the stock price to drop. They borrow stocks at higher cost and sell the stock low, profiting the difference.

Well, investors over at r/wallstreetbets found that by purchasing stocks at low price in heavy volumes it would drive a short squeeze. A short squeeze occurs when a stock jumps sharply higher, forcing short sellers to buy higher, causing them to lose money. Lots of it.

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Will we see a squeeze with AMC?

AMC Entertainment short Squeeze

There are numerous news that lead traders and investors alike to predict an upcoming short squeeze like we saw with GME (Gamestop).

  • CEO of AMC announces AMC is no longer going bankrupt (via. Los Angeles Times)
  • Vanguard, Wells Fargo, BMO Harris, BlackRock, Fidelity and many more institutions are buying AMC stock while it’s low (via. CNN Business)
  • AMC is currently the most shorted stock (via. MarketWatch) Unfortunately MarketWatch has hidden AMC from their list. Retail investors suspect foul play.
  • AMC is also currently one of the most held stocks surpassing Apple (AAPL) and Tesla (TSLA) (via. Nasdaq)
  • More publicity and awareness has average people investing in AMC which is driving volume for a potential squeeze

Big institutions keep buying AMC stock

We’re seeing huge institutions are investing in AMC stock while it’s affordable. Because it’s affordable we’re also seeing average people invest in this stock.

As long as the stock is being held, though lows and through highs, a squeeze like we saw with GME (GameStop) is certainly possible.

AMC stock closed at $57.00 on June 14th. The stock has been green for quite some days now and is more bullish than ever. However, shorts continue to short ladder the stock causing some consolidation. AMC wants to keep climbing.

Short-laddering occurs when short investors buy back their shares at a low price, driving down (or leveling the stock) gains. These are the attacks we’ve been seeing whenever AMC begins to see gains, all year.

As long as AMC shareholders continue to hold and buy the dip, short investors are at a disadvantage.

Great news for AMC Entertainment

Other news that can further drive the share price of AMC stock is the announcement that most AMC theaters have now begun to open up.

BREAKING: AMC’s short borrow fee as of 6/14 is 2.58%, via. Fintel.

The fee is going up although it had recently come down.

What is a short borrow fee?

AMC short borrow fee
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The short borrow fee is the interest shorts pay for borrowing shares of AMC stock.

This means shorts are losing money every day by not closing their positions. If we want to squeeze shorts from their positions we’ll need to see this short borrow fee gradually increase.

Why the short borrow fee rate matters

It costs shorts interest to hold while it costs the retail investor absolutely nothing to hold.

Shorts are losing money every day they hold because of this interest fee for borrowing the stock.

For some reason shorts still think AMC Entertainment can go bankrupt, although they have enough money to continue doing business.. I know, I don’t understand this either.

As hedge funds like Melvin Capital lose money, the short borrow fee will go up to make up for some loses. As the interest goes up, shorts will naturally cover. If they don’t, they will continue to pay interest for borrowing.

How high can AMC stock go up to?

AMC to the moon

Because we’ve seen a lot of suppression in the market due to short-ladder attacks, many traders are anticipating AMC stock can get as high if not higher than GME (GameStop).

This is actually quite logical given that we’re seeing more and more people and institutions alike purchase AMC stock and hold their positions.

There’s a notion that all these suppressed gains will result in a massive short squeeze during the Summer. Again, this is all speculation but all signs are pointing towards big gains.

So, is it too late to purchase AMC stock?

Not at all. In fact, if you’re looking to get into the AMC train now is the perfect time to do so.

The price after a short squeeze eventually fall back down and level out, but this will take time. With AMC stock treading below $100, now could be the perfect time to buy. Just don’t wait too long because we hear it’s going to the moon.

AMC’s short borrow fee keeps going up, hedge funds continue to short it, volume is increasing; it’s the perfect storm for a short squeeze.

Things to expect in the market with AMC

  • Volatility followed with an upward trend in price action
  • Short-ladder attacks
  • Headlines advising you to trade in something else
  • Hedge funds to lose a lot of money
  • More retail investors buying this stock right now
  • A series of gamma squeezes
  • And, a highly potential short squeeze that can happen at any time

How many AMC shares should I buy?

If you’re planning on taking a position in AMC Entertainment set a budget for investing. Since the market is volatile at the moment, purchase shares incrementally.

The best time to buy a stock is when the share price has dipped. This will allow your investment to see gains when the stock price rises again.

Ladies and gentlemen, the last thing you want to do is to invest more than you can handle to lose. This advisory must be made.

If you’re holding AMC stock leave a comment below and let me know what a short squeeze would mean for you. Retail investors can feel it, the tendies are coming.


Where can I invest in AMC? What’s a good platform?

If you have not opened a brokerage account to begin investing, read how to invest in the stock market (step by step). In this post you will see a number of linked platforms that you can check out!

I personally use Vanguard. Vanguard has proven to be useful and it has never failed me before. Here, I hold long-terms stocks as well as a position in AMC.

Brokerage account Vanguard
AMC

Important Advisory

It is important to note that I am not a licensed financial advisor. Like many traders and self taught investors, all speculation is based on educated estimations based on highly reliable analysis, patterns, and documented news charts.

On another note: It would be wise to not invest more than you can afford to lose. In other words, invest money you would be okay with losing for simpler terms.

More info on AMC from Trey’s Trades (Analyst)

Trey is an analyst in the stock marketing and trading world. His videos are super fun to watch as they are very informative and downright transparent. Furthermore, Trey’s personality just makes the videos all that much better.

Be sure to follow Trey as he engages his audience live when the market opens for real-life discussions.

Trey’s Trades – AMC Huge Institutional Buyers!

It’s important to keep yourself updated with the latest AMC news so you can invest with confidence.

This is not Trey’s Trades most recent video but it’s a very important one. Be sure to keep up with AMC analytics so that you’re aware of the play.

Another great Analyst covering AMC right now is Roensch Capital. They’re a little more analytical, but a trustworthy source nonetheless.


Everything is falling into place for AMC stock

Other YouTubers covering AMC in depth include Matt Kohrs, Max Maher, and Andrew Mo Money.

What’s cool about these YouTubers is that they all go on each others channels from time to time and do collaborations regarding DD. Trey and Roensch Capital are by far my favorite channels covering AMC.

I personally started following Trey’s Trades when he had about 10,000 subscribers. He’s nearing 300,000 now, and well deserved by the way.

But, if you want daily technical analysis on AMC, Roensch Capital is the channel for you.

Ignore the bogus headlines from The Motley Fool and other sources

AMC and r/wallstreetbets have been given lots of negative press from the likes of The Motley Fool and other sources; shaming the purchase of the stock.

The fool vs AMC

Fortunately we’ve been backed up by the real Wolf of Wall Street as well as Mark Cuban, Chance The Rapper, and other big names.

Influential outlets with powerful hedge fund partners (institutions who short the stock) have been attacking traders and investors by providing false information wherever they can.

What we’re seeing right now is that the big guys are losing money due to the price of shorted stocks going up. They will say and do whatever they can to divert the public from trading this stock.

My personal suggestion to you is to not let these sources intimidate you. Do your research to see how the stock price has been manipulated through bogus headlines and short-ladder attacks.

Not to mention, the complete halt of trading AMC stock by Robinhood. That’ll be another post for you.

Trending: How High Can AMC Stock Price Skyrocket Up To?

And lastly…

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Will GameStop See a Massive Short Squeeze Again?

Will GameStop see a massive short squeeze again?
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GameStop GME stock

Are you a new retail investor? Bookmark these investing tips from Frank Nez.

Just when we thought GameStop’s short squeeze was over we begin to see GME gain some momentum. GameStop has been the heart of the wallstreetbets movement and continues to have a strong sentimental hold on retail investors and gamers alike.

The retail investors who missed GameStop’s first squeeze either bought AMC shares or bought GME while it was still high. And if you got in when it fell back down to $40, well you’re doing pretty well right now. So, will GameStop see a massive short squeeze again? Here’s what we know.

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GameStop Stock

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GME stock

GameStop closed at $229.44 on Friday June 14th.

Trading volume is currently sitting at 7 million with 11.2 million being GameStop’s average volume.

Understanding the short-seller

GameStop has taken the entire internet and finance world by a storm. What is happening nowadays. Retail investors over at r/wallstreetbets have opened Pandora’s Box on short-sellers and hedge fund institutions.

Short-sellers are investors who short the stock.

Shorting a stock is the process by which sellers essentially bet on the stock price to drop. They borrow stocks at a higher cost and sell the stock low, profiting the difference.

Short Selling GameStop Stock
How short selling works

We’ve seen GameStop drop down and consolidate at $40 after it’s squeeze peaked close to $500 per share back in January. As of June 14th it is trading around $229.44.

What is a short-ladder attack?

short-ladder attack is a strategy performed by short-sellers where they bid on the stock at a significantly lower sell price and purchase it from one another. Thus, driving the share price lower.

How do you spot a short-ladder attack? When the stock knows nothing but gains, but something keeps pushing it down until over and over again, that’s when you’ll know.

Why GameStop has potential for a second short squeeze

  1. Short-sellers didn’t learn their lesson from the first time. GameStop stock is still being heavily shorted.
  2. With GameStop becoming a technology company, its value has not only significantly gone up but it now has even more potential to keep driving its momentum.
  3. Retail investors have a strong conviction towards GameStop investment. This means they’re not willing to sell the stock which in turn creates a supply and demand scenario with short-sellers who have to close their positions.

Short Share Availability and Short Borrow Fee Rate

You can see GameStop’s short share availability and short borrow fee rate using this link (via. Fintel)

It is currently lower than we need it to be at in order to squeeze shorts from their positions. This number of course changes every day and can be expected to rise as hedge funds continue to short GameStop stock.

GME Stock Analysis

Roensch Capital goes over the data for trending stocks. The information is very easy to understand and gives you insight in the market from an analysts perspective.

Be sure to check out recent videos as they’re being uploaded to stay updated with any changes that occur in the market with GameStop.

Important Advisory

It is important to note that I am not a licensed financial advisor. Like many traders and self taught investors, all speculation is based on educated estimations based on highly reliable analysis, patterns, and documented news charts.

Volume is key to a second GameStop short squeeze

Just like AMC, GameStop will need to see a continuous runup in share volume.

When retail investors continue to buy and hold GameStop stock, short-sellers shorting the stock eventually have to buy back the stock. This demand and supply scenario results in various gamma squeezes.

The gains we’ve seen with GameStop have been a series of gamma squeezes, or incremental gains.

Usually what follows after gamma squeezes is a short squeeze if it has enough volume. The volume of shares depends on how much retail investors are purchasing GameStop stock or selling it.

GameStop Stock
This chart is only reference and is not GameStop’s current price

You can keep an eye on it via. Yahoo Finance.

How Soon Will A Second GameStop Short Squeeze Happen?

There is so much volatility occurring in the stock market at the moment. Such volatility is usually a sign of an upcoming short squeeze as we saw back in January.

Not only are retail investors experiencing a lot of volatility, but GameStop stock seems to be in bullish territory which is great for volume.

FOMO (fear of missing out) continues to bring in new retail investors which is a great driving factor to the stocks volume.

GME seems to be experiencing gamma squeeze after gamma squeeze and we can only see it going through a second short squeeze as the overall market start to go up again.

Momentum will need to be carried out by hype. Even if a second squeeze doesn’t occur, retail investors can continue to drive the price up by buying the stock.

GameStop announces fourth quarter earnings for 2020

GameStop announces fourth quarter earnings for 2020

GameStop announced that it will be releasing its fourth quarter and fiscal earnings for 2020 on Tuesday, March 23rd after trading hours.

This announcement is very important because owners of the company will go over earnings, as well as future assessment that let retail investors know the direction of the company as a whole.

This of course can have a very good impact on the stock price should the reports come back positive.

Here is the link to GameStop’s news release –> LINK.

However, like most companies affected by the pandemic, the numbers for the last quarter weren’t the best. This shouldn’t affect the stock price moving forward though. There’s too much sentiment surrounding this stock now.

Saving GameStop

Retail investors now have the power to save any company they wish to save. Now it’s only a matter of time for GameStop to step up and raise capital so that they can innovate and provide more value back.

GameStop is currently looking for ways to operate more efficiently. While the Reddit community was able to keep them from going bankrupt, the company as a whole will need to start pulling their end.

Here’s what’s been going on with GameStop recently.

Current GameStop news

GameStop wallstreetbets
  • GameStop’s CEO George Sherman has forfeited more than 587,000 shares as he failed to meet performance targets according to REUTERS on a recent SEC filing.
  • GameStop is currently looking for a new CEO to replace George Sherman.
  • GME shares are still up nearly 800% this year with the company’s valuation to almost $12 billion.
  • Bullish GameStop options are still currently being heavily traded

So although GameStop’s CEO George Sherman isn’t fit to pick the company up from the ground up, the company is actively seeking a new CEO to takeover.

GameStop could really use a CEO like Adam Aron right now. Adam Aron is the CEO and President of AMC Entertainment. He picked up Norwegian Cruise Line back in the 90s from the brink of bankruptcy. He was also able to raise enough capital from long-life partners of the company, as well as from retail investors.

Whoever gets the privilege to run GameStop will be responsible for keep the fundamentals in the stock market tread strong.

What will happen to GameStop’s share price if they don’t profit their 2nd quarter?

Unfortunately, if GameStop does not improve their 2nd quarter earnings, fundamentals in the stock market will drive the stock price lower.

What can retail investors do?

If retail investors want to refrain GameStop’s stock price from descending, they’ll have to continue to hold and buy the stock.

Important advisory

If you hold a position in GameStop, it’s important that you ask yourself what your reason for holding is. Does your DD point to another possible squeeze? If so, stick to your convictions and trust the process.

Or, did you get in late and are hoping for another squeeze? I published a post outlining the differences between GameStop stock and AMC stock here.

I personally love both stocks. And I love both companies. Unfortunately I didn’t get in on GameStop before it’s squeeze so I took a position in AMC. AMC currently has an 80% chance of squeezing according to Fintel.

I would take a position in GameStop if it was a little more affordable. I do like the stock and I love the community in general.

Will another GameStop short squeeze happen?

I don’t personally think a GameStop short squeeze will happen any time soon. However, I do believe that if the company isn’t able to put a great CEO in place it will cause another overwhelming surge in shorting the stock.

Now here’s where I think retail investors will get the opportunity to replicate what occurred during GameStop’s first short squeeze. In this scenario, shorts are likely to drive the stock price very low again, giving retail investors the opportunity to engage again and squeezing shorts out of their positions.

With this being said, I’m with you apes holding GME. I have awesome memories at GameStop which I share at the end of this article.

Now let’s talk about a little justice. A major hedge fund that was attacking GameStop has now been reported to lose a significant amount of money.

Melvin Capital suffered 49% loss 1st quarter

Melvin capital suffers 49% loss 1st quarter of 2021

Ladies and gentlemen this is massive. Melvin Capital is a hedge fund that has been shorting both GameStop and AMC stock.

Melvin Capital suffered a 49% loss it’s first quarter of 2021, via. Markets Insider.

Here’s why this matters:

  • Not only are shorts losing money every day but huge hedge funds are bleeding
  • This is a huge win for retail investors
  • Unless shorts close their positions, hedge funds will continue to suffer
  • Interest rates can skyrocket for short sellers enabling them to close their positions

We’ve see GameStop’s short borrow fee decrease but I wouldn’t be surprised if it begins moving back up very soon. Hedge funds have been trying to obliterate our beloved GameStop from the face of the planet. Something about them losing a lot of money feels like justice.

Believe me, I’m 100% for making money. The ethical way. You should be supporting beloved companies, not targeting them just because you see an opportunity to kick someone when they’re down.

I personally hope the karma gets worse for hedge funds betting against both GameStop and AMC.

Read: How do hedge funds manipulate the stock market?

Will GameStop stock go up again?

As long as the stock continues to be shorted and held, GameStop can expect a series of gamma squeezes to push the stock up again.

Fundamentals can also drive GameStop’s stock price up. The company will have to run efficiently by being able to meet projected goals. While replacing their CEO is the first step, the new sheriff in town will have to bring more value than George Sherman has.

In a scenario where GameStop comes close to another bankruptcy, we can expect shorts to start attacking the stock again. This means retail investors could potentially have another chance at buying the stock low and squeezing shorts out of their positions.

FAQs

Gamma squeeze vs Short squeeze

gamma squeeze are momentum gains. These usually occur from call options closing in the pocket resulting in heavy buys or purchases in the market.

short squeeze is vigorous and can spike with no warning. This is where you see 100% gains in a matter of seconds and minutes. A short squeeze can even reach 1000% and 10,000% gains.

Related: How High Can AMC Stock Price Skyrocket Up To?

What is your first GameStop memory?

GameStop memory

Leave a comment below. Do you remember your first GameStop memory? I’m sure you have many. I remember the first time my brother and I went inside a GameStop it was unreal. It was my first time inside an actual video game store. The coolest thing was seeing how many different games and accessories they had for all the consoles at the time.

Some of the most awesome memories at GameStop was seeing that brand new game on display. For me, it was Guitar Hero. My god. Seeing all the marketing behind the game and the guitar in display was heaven.

I also remember the employees giving you close to nothing for a used game, lol. What are some memories you have of GameStop? I would love to hear from you. Leave them in the comment below.

And lastly…

A quick message from Frank Nez

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A lot of you have been sharing my posts on Facebook Groups, Reddit, Discord chats, and Twitter. Words can’t explain how grateful I am for you sharing these articles. Thank you.

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Which Stock Should You Invest In? AMC or GME?

Which is the better buy? AMC or GME
AMC VS GME #diamondhands

Are you a new retail investor? Bookmark these investing tips from Frank Nez.

Are you suffering from FOMO (fear of missing out). While we’re not financial advisors, we are certainly pro opportunity. So, which meme stock should you invest in? AMC or GME? And, is it too late to invest in either of them?

Let me walk you through the facts so you can decide which is the better buy between the two.

franknez.com should you buy AMC or GME?

Welcome to Franknez.com – The blog where you can digest content on personal finance, side hustle ideas, entrepreneurship, and trending investing topics. 

Before we get started it is very important to mention that both these stocks are currently very volatile.

It is suggested that all financial decision is made based upon your own due diligence. GME stock has seen incredible gains in the past two months and analysts are determined AMC is going to have a similar run, if not bigger.

AMC & GME Short Share Volume

Here are the short share volume numbers as of June 7th, 2021.

  • AMC Short Share Volume: 500,000 (via. Fintel)
  • GME Short Share Volume: 350,000 shares (via. Fintel)

Now, this is only Fintel so take it with a grain of salt.

Why is this important?

The number of short shares available represents the number of shares that have yet to be covered by short-investors or hedge funds.

Short-investors and hedge funds alike are betting on both AMC and GME to completely fail. This means they don’t believe AMC or GME (GameStop) can innovate as businesses to thrive in the marketplace.

The r/wallstreetbets community and millions of people would beg to differ. This is why AMC and GME have take the stock market by a storm.

What happens when shorts close/cover their positions?

Both AMC and GME are going up in share price. When short-sellers cover their positions at a higher share price than they borrowed the share, they lose money.

Because they bought a share at a higher price, the stock price continues to go up as long as retail investors hold their positions. This essentially creates a supply and demand scenario between short sellers and retail investors.

What happens if shorts keep holding and don’t cover their positions?

Short-sellers can only hold for so long. See, they eventually have to pay an interest on the shares they borrowed.

Here are the current short interest for both AMC and GME stock (June 3rd, 2021):

These change from time to time

As you can see, AMC has a bigger interest rate than GME at the moment. This means short-sellers are paying a much larger fee to short AMC stock.

This borrow rate fee increases as the demand for the stock rises.

Why is this important to the retail investor?

The borrow fee interest pressures short sellers to close their positions before they pay bigger and bigger fees for borrowing AMC and GME shares.

When a short-seller closes their position higher than they borrowed the share for, they lose money. The retail investor then continues to see a rise in share price. This ladies and gentlemen is where retail investors begin to experience a series of gamma squeezes before a short squeeze.

What’s the difference between a gamma squeeze and a short squeeze?

A gamma squeeze usually occurs when retail investors bet on the price of a stock such as AMC or GME to go up. Share price will then increase due to specified call options or contracts.

A short squeeze essentially occurs when a heavily shorted stock increases in value and short-sellers must cover their positions.

AMC and GME short squeeze

AMC

AMC Short Squeeze
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AMC Short Squeeze

We saw a gamma squeeze from AMC when the stock price shot up to about $20 per share. This was mainly due to retail investors buying call options.

We have not seen a short squeeze from AMC just yet. This is why AMC stock is a very popular choice for people who missed out on GameStop the first run.

AMC’s share price is also significantly lower and more affordable to the average retail investor than that of GameStop. With more investors getting in on AMC, another gamma squeeze is on the horizon. If retail investors continue to hold their positions, a short squeeze is inevitable.

Read: How high can AMC stock price skyrocket up to?

GME

GME Short Squeeze
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GME Short Squeeze

GME experienced its gamma squeeze right before we saw it short squeeze all the way up to $500. Its gamma squeeze consisted of perpetual gains beginning around the $20 mark all the way up to $100 before it squeezed and saw sharp gains.

After GME squeezed, it hovered around $40. We recently saw another GME gamma squeeze sending it back up to the $100 range.

GME’s mastermind, Keith Gill AKA Roarking Kitty (deepf******value), has also mentioned doubling down on GameStop investment. You can find sources everywhere online.

Read: Will GameStop see a massive short squeeze again?

More institutions are buying and holding AMC than GME stock

We’re seeing more and more institutions such as Vanguard, BlackRock, and Charles Schwab continue to add and hold to their AMC positions (via. Nasdaq). As of May 21st, the top whales continue to add to their long positions.

AMC institutional buyers
AMC Institutional Buyers (as of 5/21)

GME on the other hand has seen quite some selloff from institutions. Which by the way is okay. Investors are simply closing profits with the gains they’ve seen from GME via. Nasdaq.

GME Institutional buyers
GME Institutional Buyers (as of 5/21)

Innovation: AMC VS GME

While it’s hard to see how GME can innovate their retail stores, AMC doesn’t seem to have that problem.

I personally believe innovation has a strong influence in the decision-making process when investing in either AMC or GME.

GameStop can continue to sell to gamers online. We won’t see much change to their retail stores. AMC on the other hand can innovate with virtual reality but ultimately doesn’t have to since people are going to the movie theaters again.

Related: Why is AMC stock going up again?

If you’re a new retail investor looking to get into one of these stocks, AMC is more than likely your best bet.

The stock has a lot of upside potential.

  • AMC stock is currently affordable
  • The stock has not hit a short squeeze yet
  • It is one of the most shorted stocks in the market
  • The stocks market cap, volume, and short borrow fee keep increasing

GME stock is a good pick for current GME holders

If you’re currently holding GME it looks like you will continue to see volatility. You can take advantage by buying the dips and holding your positions.

If you didn’t cash out when GME peaked, there’s a probability you will get another chance if GME continues to stay in bullish territory. This of course is heavy speculation.

I want to ditch Robinhood – what other platform can I use?

Ditch Robinhood - invest in GME and AMC with another platform
Ditch Robing-Hood: Invest in GME and AMC using another platform

If you’re looking to ditch Robinhood, we strongly suggest switching to a real broker account.

Robinhood tarnished GameStop momentum by preventing retail investors from buying more stock.

I recommend: Vanguard –> Link

I’ve also published a post on how to invest in the stock market step by step where I include a list of other platforms you can check out here.

Read: Why new retail investors investing in AMC should avoid Robinhood

So, which is the better buy? AMC or GME?

If you’re looking to get into an affordable stock that has a high potential of squeezing, then AMC will be your best bet. It’s fundamentals also determine this stock is a good long-term buy.

Although GME’s hype can still cause a potential squeeze in the future, it’s still much lower than AMC’s probability. If you have a position in GME then I recommend holding and taking any gains you can. Otherwise, keep holding if you love the company.

Whether you go for AMC or GME stock, you should always invest in a company you truly love and believe in. Think long-term for the most part. If you can make some money short-term, even more power to you.

Franknez.com

Related: Everything you need to know about Dogecoin crypto

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