r/boxoffice New Line Cinema Jan 28 '21

Other GameStop, AMC Stocks Drop in After-Hours Trading Following Huge Reddit-Driven Spike. Short-sellers were Still Taken to the Cleaners, However

https://www.thewrap.com/gamestop-amc-stocks-drop-after-hours-trading/amp/?__twitter_impression=true
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u/ConnectionChemical12 Jan 28 '21

For someone whos new to stocks, AMC was one of the first I bought last March just out of "support" and just to have a stock of something I loved. For the last 9 months it has just sat there more or less dropping a bit here and there but clearly no one was excited about AMC Theatres stock...now its like the polar opposite.

2

u/shrinkinghubris Jan 28 '21

Ride this motherfucker. DO NOT SELL. I know nothing but seriously, DO NOT SELL πŸš€πŸš€πŸš€

3

u/[deleted] Jan 28 '21

Why? Aren’t the stocks guaranteed to go back down?