I often look at GME and ponder how the fuck the stock is still up here, now trading at $245 like that shit was normal. Now we have another breakout from the lunatic asylum, thanks to decades of drug use and perversion — AMC, more or less bankrupt but not of course. Trading to record highs — because nothing says fuck you like making worthless stocks jimmy higher.
On top of that, worthless and useless K cup re-saler BBBY is ripping and let’s not forget BB — because everyone loves their crackberry devices. I feel as if the world I live in ended some time ago and this is a version of hell that I am stuck in. The odd part, I like it. Admittedly, I enjoy seeing GME and AMC trade up. I have a good friend of mine who is long AMC for the squeeze. Previously he’s had zero investment experience. He asked me where AMC will go and so I told him what he wanted to hear: $100. He was quite pleased by that answer, as I dumbed myself down to basically a zero IQ and offered him analysis forged in the sewers of Wall Street.
That’s what we have now, a bunch of Ed Norton’s running around here turning this business into a zoo.
T each his own. Mankind goes thru periods of collapse and buffoonery. This is no different, so enjoy the clown show while it lasts.
I am 60% cash, -1% for the session, trying to clown my way into gains.
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Install a clown expect a circus
GME is a store of value and my price target is 1377.
Ha ha, yes a store of value – at the moment.
When the music stops, no one knows
Gentlemen, place your bets.
This past weekend, a friend of mine who knows zero about stocks told me he is long AMC and thinks it will go to $100. Couldn’t believe the confidence he had in this prediction and his fundamental reasoning for it. Never easy to call a top but feel the pain will come soon when buyers dry up.
His ‘fundamental reasoning’ sounds more like reptilian brain instinct
I did not know who this Ed Norton was so I looked him up.
What a tool!
I prefer the real Ed Norton- you know, the guy on the Honeymooners with Jackie Gleason as Ralph Kramden. At least he had a real job working in the NYC sewers.
I read it again.
Now, I get it. You are referring to the Ed Norton of the NYC sewers.
A little slow today.
BEST post EVER!
I had a $59.29 short out on $AMC but my fakahta broker said no shares to short.
when utilization is 99%, may not want to short
It should be noted that Ed Norton is a BRILLIANT actor!
The stupid trade has been the correct trade for over a week now. Crazy stuff.
There will be a lot of newcomers who have early success which will lead to a false sense of their real abilities. They will trade more and get wiped out just like 99% of all other traders.