Go back to previous topic | Forum name | General Discussion | Topic subject | I sold my 10 shares of AMC today RIGHT at the peak, 70 per share. | Topic URL | http://board.okayplayer.com/okp.php?az=show_topic&forum=4&topic_id=13421760&mesg_id=13434310 |
13434310, I sold my 10 shares of AMC today RIGHT at the peak, 70 per share. Posted by soulfunk, Wed Jun-02-21 04:48 PM
I’d gotten in at 10 per share a few months ago - nice $600 profit today. I would have just sold half and kept the rest but when I looked at the 2 year history there’s no way it’s sustainable. For the last 2 years pre-pandemic AMC has rarely been above 20. I bought in thinking it would recover when theaters fully opened, but that 70 today was WAY too good to not take it.
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