It is 2021 all over again. Meme stocks are back, baby! AMC Entertainment (NYSE:AMC) stock is soaring and though down from the peak during the recent frenzy, it stands 66% above where it was before the buying fever kicked in.Investors should use this opportunity to sell their AMC stock. Take whatever profits were made and put them into a better investment. Lightning is not going to strike twice.A Rally About NothingSource: MNAphotography / Shutterstock.comThe current rally in the movie theater operator’s sto ...

Consider throwing a few coins into the stock of these penny stocks!Penny stocks have the kind of risk-reward profile that appeals to few investors; those willing to tolerate a bit more risk to reap potential rewards of significant magnitude. By definition, penny stocks are shares of companies selling for less than $5 each. While they are risky, the entry price is so low that great returns are within the realm of possibility. Unfortunately, this is the double-edged sword of penny stocks: their low price tag ...

It’s 2021 all over again, apparently. Global movie-theater chain AMC Entertainment (NYSE:AMC), along with video game retailer GameStop (NYSE:GME), are back in the spotlight. Before anyone gives in to the temptation to go bandwagon-jumping with AMC stock, I strongly recommend taking a few deep breaths and considering the worst-case scenarios.Expect significant capital losses regardless of your position in the trade. The meme-stock frenzy of 2021 had negative outcomes in 2022 and 2023. In 2024, consider AMC E ...

TICKETS ON SALE BEGINNING MAY 24FORT WORTH, Texas, May 23, 2024 /PRNewswire/ -- Trinity Broadcasting Network, Fathom, Impact Productions and mikeroweWORKS announce the release of SOMETHING TO STAND FOR with Mike Rowe, premiering in theaters nationwide beginning June 27th.Watch the trailer and purchase tickets on May 24 for SOMETHING TO STAND FOR here. Mike Rowe Presents SOMETHING TO STAND FOR Coming to Theaters Nationwide - Beginning June 27SOMETHING TO STAND FOR promises to be a journey like no other, as R ...

In this article, we delve into the world of meme stocks and explore the insights provided by cutting-edge AI algorithms. These advanced systems have analyzed market trends, and company fundamentals, to identify seven meme stocks to sell according to AI.As we examine each of these seven meme stocks, we will discuss the factors that led the AI to its conclusions, providing a look at the potential risks and drawbacks associated with these investments. It should be noted that these conclusions should be taken w ...

Key PointsKeith Gill's return to X sparked a meme stock surge, but GameStop (GME) and AMC (AMC) crashed after announcing share offerings.GameStop dropped 45% in five days, announced declining first-quarter sales, and plans to sell 45 million shares in an at-the-market offering.AMC fell 23% in five days, nearly returning to pre-mania levels, as it also announced an offering.5 stocks we like better than BlackBerryLast week, the market experienced a flashback to the meme stock mania of 2021. Keith Gill, famous ...

Meme stocks are still a thing, as last week’s incredible rally proved. Shares of GameStop (NYSE:GME) and AMC Entertainment (NYSE:AMC) both more than doubled in a matter of days as investors and speculators piled into these high-risk stocks.However, unlike the 2021 rallies which were sustained for a much longer period of time than many thought possible, this rally appears to be fizzling out. At the time of writing, GME stock is down another 8% today. AMC is seeing a little less steep decline, losing less tha ...

Buying stocks just because they are rallying is a poor strategy. Meme stocks rallied last week after meme investor Keith Gill posted on X for the first time since the pandemic. AMC (AMC) soared as much as 308% May 13-14 and GameStop (GME) gained 271% to the peak of the same two-day period. But today those gains have vanished almost entirely.X Meanwhile, Robinhood Markets (HOOD) benefited from the spike in retail investing and gained 24% last week, while favored meme social media site Reddit (RDDT) rose 16%. ...

The meme-stock rally of 2024 was, for the most part, very short-lived. Moreover, most of the meme stocks became stocks to sell by quickly retreated to points not far above their pre-rally levels. A few factors, in my opinion, caused the surge to last such a short time and largely dissipate so quickly. First, retail investors lack the huge amount of excess cash that they had in the second half of 2020 and 2021. Secondly, it’s likely that short sellers learned from the meme stock rally of several years ago an ...

With the return of Keith Gill – the trader best known as “Roaring Kitty” – market speculation surged, yet the potentially short-lived nature of the rally presents a case for meme stocks to sell.To be sure, the explosive rally for enterprises like cineplex operator AMC Entertainment (NYSE:AMC) was nothing short of impressive. At the same time, the collapse has been rapid. Not only that, after-hours trading indicates continued volatility could be in the works.That’s not a great situation for the meme trades, ...