RE: Don't Get Wiped Out - Stop Gambling Your Money - Invest in Capita Plc22 Aug 2022 12:14
Hi AllKap, nice to see you around and all well with you too I hope.
Very true. I did say that of Cine and that of AMC cinema US stock.
I actually warned a friends of mine Chinese investors not to touch AMC as it was going potentially for Chapter 11 protection. At that time, a well know broker said that AMC was only worth $1 dollar. Anyhow, once those reddit guys went together into deciding to buy put options from £15 dollars and upwards, them AMC flew from I think 1 dollar to over 60dollars in matter of few weeks. So, my friends missed out as it had already climbed back to 12 dollars with the odd profit taking days before it reached those crazy levels.