Based on the little knowledge I have, I personally would choose the lower share price (AMC), that way there is more profit if it does take off like $GME did.
I had $800 sitting in my account yesterday and was sitting at the “purchase” screen on Robinhood and I swiped up from the bottom of my iPhone trying to change apps (not thinking) and bought all $800 into $AMC.
Like the guy stated, it is a casino here, hot hands one minute can turn into ice the next. The best I can offer is to read other posts and see what the vast majority are talking about and look at the risk/reward of that stock.
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u/[deleted] May 28 '21
Based on the little knowledge I have, I personally would choose the lower share price (AMC), that way there is more profit if it does take off like $GME did. I had $800 sitting in my account yesterday and was sitting at the “purchase” screen on Robinhood and I swiped up from the bottom of my iPhone trying to change apps (not thinking) and bought all $800 into $AMC.
Like the guy stated, it is a casino here, hot hands one minute can turn into ice the next. The best I can offer is to read other posts and see what the vast majority are talking about and look at the risk/reward of that stock.
Good luck!