What’s up fellow blades! After another bull run in “meme stocks” it seems like a lot of people will be making a fortune, specifically $amc holders. What are your thoughts on meme stocks and the mentality of current retail investors? Anyone here trading/holding any meme stocks? If so, what’s your exit plan, if any? Anyone have any predictions about any other stocks gaining significant value as the pandemic winds down in the States? Share and discuss your investment opinions here! - Peace
I made a bet that I would post my boobs on reddit if GME hit $300 again ---- I'm scared of how close it is haha
Oh shit well you might lose that bet tomorrow morning right at the bell. GME is currently sitting above $280 and rising during after hours. You should do a blade a solid and drop the link
I started to take a spin at AMC a couple of times and didn’t see the double run up happening. I tend to think of what Buffett says about running out when others want in. I caught a little gain and took it when the pot stocks flew back at the first of the year, like shorting I bought it back in on the price settle. I’m just sitting long and adding pot stocks when I can afford it. Hoping for that day like everybody else.
The kids are shaking the Wendy’s tree today. It would be nice if one were already holding the stock. maybe they will jump to weed stocks next.
There have been a few stocks that have been trying to entice GME and AMC holders but it looks like the meme stock army are trying to keep it consolidated between those two stocks for now, and with good reason. With too many people spreading to multiple stocks it’s gives GME and AMC less leverage and profit margin. Although I do believe it’s best to diversify I have moved all investments to AMC weeks ago. Sitting at a nice profit right now but I’m being greedy and wanting to squeeze more out of the previous high before I exit. The AMC battle has definitely been relentless. Which weed stocks are you currently invested in right now?
I’ve got a few index funds like MJ, MSOS, thcx, and yolo, A lot of overlap in those. Plnhf and Cresco are favs and I’ve got bits of hexo and Aurora. Just being patient and holding.