GME, AMC, NOK, or SLV?
Updated: May 1, 2021
Everyone in my social circle keeps asking me which WSB stock I should buy. If you want my opinion, here it is:
AMC. It carries the least risk with most reward relative to the other ticker symbols. Why, you ask? Upon their WSB pump, AMC paid off their debt by raising 917 million in a cash offering. Overnight, they went from one of the worst cases of insolvency to becoming fully funded for their next venture.
If they announce an online platform to compete with Netflix, Hulu, Apple, Roku, etc, you will see this stock hit $100, "overnight".
It's as simple as that- they are now a fully functional and repaired business. Do not sell, buy it up in my opinion.
Note: This does not constitute as financial advice.