Thread by @YossiGestetner

Oy. @ScottWapnerCNBC excuses away a 10X jump for $TSLA because of future potential. Well, so does AMC once vaccines are widespread and lockdowns end.

TSLA earned last year $750 mm. Its Market Cap is $800 BILLION. How is that ok for Scott but jumps elsewhere are bad?

Please.

https://twitter.com/itsavibe/status/1354484760115081217

My story with $AMC. I bought at $2.21 on Dec 30th.

52 week low was days later at $1.91.

Late last week, it started rising due to new funding; bankruptcy taken off table.

My fist sell order for part of my position was set at $3.31 for an almost 50% gain and was executed Friday.

This week Tuesday (Jan 26th), another block of my $AMC were sold on a pre-placed limit order.

Tuesday late afternoon I saw this thing is going 🚀 🚀 🚀. I did not buy more. I only made adjustments to my sell orders for the remaining shares. Highest sold was at $25.12 but due to

my selling most shares Fri/Mon, my average sell for all $AMC shares is $6.25.

This is a 183.1% gain in less than a month. In the pre-🚀🚀🚀 era it would be VERY nice (although a sale of shares held less than a year is taxed as income; not capital gains). But since everyone and

their renegade cousin are trading and rocket-shipping stocks, those gains seem small compared to the insane jump that $AMC had the last few days. But my friends: You need some rules and loads of discipline to stand a chance of having realized gains.

Test passed. More to come.

And here is how $AMC is doing now.