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$AMC is a stock that has been in the spotlight for about a year and a half now. I made money on it when I first started investing. Had it not become a meme stock, I would have made more. However, I think it is worth a short term investment. Although there is inherent risk with all trading, a bit more with this having become a very controversial stock, and still more with the redditer rallies flucuatinfluctuating, in my opinion, it is STILL it a good very short term investment. I if one were to invest in $AMC right now, they should do one of two things in order to get the most out of their investment and mitigate risk: (a) go in with a price point exit strategy putting a stop order in so they wouldn't have to watch it very, very closely ~OR~ (b) go in and watch it very, very closely to be able to sell right as drops come so they can sell quickly. Sometimes I am fine with being hawkish if I think the gains will be worth it. There are time though, that I cannot watch my stocks as closely due to outside circumstances. This is where I made costly mistakes in the past. I would endure losses because I hadn't decided on a price point to exit on nor did I set up a stop order at times I wasn't able to hawkishly watch it for a well timed exit. I am working very hard to examine my past trades, decisions, and thinking so that I can not only learn lessons, but make the necessary mentality and strategy changes that are required to APPLY the lessons I have learned. #sharing #transparency #sharingiscaring #PublicFam #openbook #honest #honesty #strategy #inmyhead #welcometomymind
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