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As further proof that most people that trade in stocks, shouldn't, I give you AMCX. Apparently a lot of new people didn't even bother to look twice when they were trying to buy AMC. In the past 5 days AMCX has seen an almost 40% gain. Of course, TD Ameritrade attributes this to "Shares of several companies in the broader media sector are trading higher in sympathy with the overall market following better-than-expected May unemployment data, which boosted sentiment economic comeback sentiment."
Of course it's unemployment data and not stupidity and laziness.
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