AMC Stock Movement on the NYSE

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Diversification is your friend. Don’t put all your eggs in 1 basket. If it’s too good to be true , it probably isn’t true.

These are sayings to live by. Especially when it comes to investing.

And you ask how low can it go. Zero is the answer. When a company goes through bankruptcy, stock investors are the last to get anything that is not taken by the creditors. And the debt holders will usually take everything. Have you guys looked at the balance sheet? AMC has 12.6B in liabilities and only 10.8B in assets. With the remaining 1.8B in negative stock holders equity.

Don’t feel bad at this point the entire market is going through a correction. This correction is directly related of the Fed increasing interest rates. A lot of people have not seen a crash during the event and this one may resemble 1929. The last big one was in 2008. On October 9, 2007, the Dow hit its pre-recession high and closed at 14,164.53. By March 5, 2009, it had dropped by more than 50% to 6,594.44.2 Although it wasn't the greatest percentage decline in history, it was vicious.


This is the time to have cash on hand and try to time the bottom. That’s how someone can make some real money.

Buckle up kids, it’s going to get really bumpy for a while.
 
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The market is in a downward spiral if the Meme traders sell or not as a group, they are only a blip.

How are the Meme traders a threat to 401Ks? At this point I think the poster of that video is giving the Meme traders way too much credit.

They did manipulate a failing stock or a few. That's one thing. Controlling the market, they are not even on the radar.
 
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Just curious, are the meme traders still holding AMC?
If so, it doesn’t look like they are having much luck keeping this up. However
, if they did sell AMC, it would probably kill it.
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