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re: Holding AMC Thread- Diamond hands unite

Posted on 6/13/21 at 2:52 pm to
Posted by PennyPacker
Where things are bigger and better
Member since Jan 2010
1028 posts
Posted on 6/13/21 at 2:52 pm to
quote:

Trey’s Trades


Good kid, means well I am sure but I can't watch him.

I just watched his video because you mentioned it... yeah that was pretty damn bad. I checked the comments and people were calling him out on the reverse repo. Glad someone decided to correct him... he should do a follow-up up correction video.

Bottom line is, you can't blindly trust any one with investment info. You have to do your own research without a doubt.
Posted by slackster
Houston
Member since Mar 2009
85137 posts
Posted on 6/13/21 at 3:29 pm to
quote:

Good kid, means well I am sure but I can't watch him.

I just watched his video because you mentioned it... yeah that was pretty damn bad. I checked the comments and people were calling him out on the reverse repo. Glad someone decided to correct him... he should do a follow-up up correction video.


Yeah I check him out periodically because I assume those discussions will be brought here eventually. He typically does just enough research to be dangerous. Fills in the gaps with some wild speculation and people obviously eat it up. He wouldn’t have much of a base if he told the full story, so I get it.

Can’t imagine we’ll see a retraction - he didn’t issue one when was flat out wrong about the stock issuance a couple weeks ago either.

quote:

Bottom line is, you can't blindly trust any one with investment info. You have to do your own research without a doubt.


Precisely. I don’t expect someone like he or the other resources mentioned in here to issue a retraction or be very accurate - they’re entertainers, but people definitely forget that. They’re highlighting a couple investopedia definitions so they think they understand how to apply it to any situation. It’s a bit suspect that they never seem to have a negative thing to say about AMC share price prospects or dynamics.

Hell, even as negative as I am on AMC on the whole, I will point out promising things when they happen.
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