WHEN STOCKS MEET APE

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  • Rookie Trader

     CrayonMuncher updated 1 year, 3 months ago 3 Members · 5 Posts
    AMC
  • jedwelch9

    Member
    June 16, 2021 at 2:32 pm

    I have XX GME, I recently bought on the dip and XXX AMC I bought very early on. Wondering if I should sell out of GME and load the boat with AMC or vice versa, or just hold tight and wait on the moon. Any help is greatly appreciated

  • robodrill

    Member
    June 16, 2021 at 2:41 pm

    I would say no.

    Perhaps you will be able to take your tendies and buy several other things, including AMC if it has not yet sprung.

    In the meantime, any sale does two things: it decreases Ape ownership of the float, and it gives hedgies shares with which to cover shorts. Both are bad for apes.

  • CrayonMuncher

    Member
    June 16, 2021 at 2:50 pm

    You’re free to do what you want but it wouldn’t be advisable. Trying to time and guess the market is difficult and you might miss the boat in one of the companies if you happen to go into the other. You could also run the risk of getting priced out. If you stay in both, you get the benefits of both. That’s what I’m doing. But again, you’re free to do what you want. Just be aware of the risks.

  • jedwelch9

    Member
    June 16, 2021 at 3:14 pm

    Much appreciated Apes, I’ll stay diversified and try to scrounge some more loot for the dips

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