Game Stop and AMC have both been on a tear this week… Game Stop zoomed right past $300.00 once again while AMC broke $12.00 this morning. I will post my position in AMC when (or if) I decide to sell. It sure as fuck won’t be for $12 bucks. And it will prove to be a valuable lesson in patience and why dollar cost averaging your way into a position always WINS Longterm!
Once again… Congrats to all the retail holders with the nuts to average down their positions and hold with conviction.
I believe you will be rewarded handsomely very soon. But HODL as long as it takes. They will continue to ladder these down with synthetic shares to scare you out of your positions. Don’t fall for it!
Both of these could still get entirely stupid in the next few days leading up to next Friday with a shit ton of options expiring. These plays are far from over. Keep a close watch on these!