The share price
of brick and mortal video game retailer, GAMESTOP and movie theatre giant, AMC
Entertainment soared to a new level as there was an alleged revolt from Reddit
users against Wall Street fund.
What I see here
is the speculators are taking hug risk and pushing the company to the edge of a
big canyon. Did these speculators thinking about what will happen if they are
stuck with the stocks when the fundamental goes wrong? This is a high risk, emotional
and dangerous moves which may go wrong at any point in time.
As I have
indicated constantly that such trading style is not my game. However, I will keep
watching the drama unfolding itself.
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