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Back in December 2020, I spent some Christmas gift money on AMC shares because I like going to the movies. Also, I figured there are other people like me who still love going to the movies.
No other research was involved in the bet. It seemed to go well.
I bought 11 shares of AMC at $2.70 per share. Today, AMC’s closing share price is $19.56 per share.
I set my Exit at $35.00 meaning I’ll sell my 11 shares when the price for one share is $35.00.
No, I don’t know what I’m doing — not enough to teach about it at least. I’m learning.