AMC OMG WTF

zghorner said:
fundamentals are for hedge fund dweebs.
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I bet that a lot of people said the same thing in the late 90's. I don't think that fundamentals are as important as they used to be, but disregarding them completely is probably a mistake unless you're just daytrading.

I saw someone post yesterday that they had been an investor for a grand total of 3 hours and they put their lifesavings in GME. I worry that this will end poorly for many. It will be interesting to see how this WSB phenomenon plays out long term.
 
LS1Z28 said:
I bet that a lot of people said the same thing in the late 90's. I don't think that fundamentals are as important as they used to be, but disregarding them completely is probably a mistake unless you're just daytrading.

I saw someone post yesterday that they had been an investor for a grand total of 3 hours and they put their lifesavings in GME. I worry that this will end poorly for many. It will be interesting to see how this WSB phenomenon plays out long term.
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I agree.

I will more than likely burn up 50% of my account holding overnight when it gaps down and never recovers lol.
 
maxinger said:
It has a Very nice price chart.
This is one of the best stocks / charts for day trading.
Notice that the volume increased suddenly about a week ago.

Traders don't look at revenue, EPS and those fundamental things.
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Please point me towards some day trading books that provide a real edge that isn't all getting arbed away by robots
 
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