Quote:
Originally Posted by rydogg58
I'm playing the GME game also, but let's be honest here. Not a single one of us is buying this stock because we think it's going to suddenly turn into a reliable and profitable company. Nobody cares about the management. It's all about the hype, squeeze potential, and quick price fluctuation. Anybody saying otherwise is lying.
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I agree to an extent, but the future outlook/possibilities make it a lot easier to diamond-hand these shares. Even if this goes back sub-50 I'll hold on to my 52 free shares long-term and see what magic Cohen can deliver.
Same goes for AMC...people dissing saying they're going to die/go bankrupt/etc. COVID isn't going to last forever, and as soon as the country opens back up 100% people are going to be tripping over themselves trying to get to the movies.