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A comment on ‘Meme stock’ rally rescues AMC theaters from $600M debt. Parent comment

Re:‘Meme stock’ rally rescues AMC theaters from $600M debt by TigeriusKirk on Sunday January 31, 2021 @12:33AM (#25976326)
I agree with this historically, being in the WSB old-timer club myself.

But there's about 5 million new people subscribed to that sub in the last couple weeks, and I don't believe they all know holding GME is gambling.

[ Parent | on HN ]
Re:‘Meme stock’ rally rescues AMC theaters from $600M debt by kortilla on Sunday January 31, 2021 @02:47AM (#25976975)
If you are buying GME at this point after the publicity, you know absolutely that it’s gambling. It’s had 50+% swings every day for the last week or so.

Even on WSB the posts are very much about it being a batte that has a potential of being lost. There is no pretense of GME being an investment that only goes up or that GME is some up and coming company.

[ Parent | on HN ]