Quote:
Originally Posted by lcarus
I'm just getting started in this stuff. My brother was all in on AMC months ago when it was under 10 dollars and he held when it hit its peak. He's expecting it to do big things. He's telling me its not too late to buy into this thing now. I'm not going in with anything life changing. Maybe just a grand or two. If I lose half of it or whatever, it's no big deal. But if AMC goes up to anywhere near what some people are saying it MIGHT do, that would still help me out in a fairly big way.
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AMC right now, has a lot of potential to take off. If you can stomach it possibly going back to 10 bucks for the potential of it possibly doubling or more from here, by all means jump in.
My thoughts on it are that this is going to be a good week ahead for it, and that I think it will go higher this week than last. But then again, I'm already safely ahead by a lot more than I could lose at this point, so I'm comfortable with what might happen. Like everything, just be prepared to play with what you can afford to lose.