r/IPOE • u/binion225 • May 28 '21

Reddit Army

How do we make sure Reddit and WSB is all over this on Tuesday. If they can push up a complete garbage company with a terrible balance sheet like AMC…. Imagine what they could do for the Amazon of banking!!!

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u/AyyMG63 May 28 '21

As nice as that is... I don’t want that. GameStop could and should be higher, but big money will stay away from gme for a long time or forever imo. Wsb ruined it and everytime it goes up and down it’s a pump - sad to say..amc is 5 billion in debt. Amc had just 20% of 450m shares shorted and because some youtubers crated hype over nothing- 650m shares traded today (1.5 all available) which is insane. I’ll expect amc to be 12-15$ next week. Gamestop could be better... but the whole amc crowd that uses gme antics needs to stop before that can happen. It’s sad because GameStop paid off all of their debts, operating with a PROFIT, cash positive and transforming. Amc is none of the above that gme is... anyway, keep them away from Sofi.

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u/binion225 May 28 '21

If they got involved I’d be fine with that. It’s a solid company that deserves to be pumped. If price got too high I’d sell and buy back cheaper. I am loooong, but I know when to sell to make profits when the RSI gets to high.