You need to do your own research before listening to just Motley Fool.
You didn't address the major issue which is too much debt. Also maybe that movies continue to suck and no one is going right now. The Academy Awards went over like a lead balloon. What's the upside, Top Gun?
I’m not holding AMC because it’s a good company, it has debt yes. But it’s in a unique situation where debt doesn’t really matter here.
Given AMC's a Russell 2000 component, which % of the "like 20% of the company" shares do you speculate Vanguard and BLK recently bought to purportedly "take down rival HF Citadel Capital" versus the 2 fund managers just buying shares consistent with their Russell 2000-indexed fund requirements?
Last time I ran the numbers it was around 14%, with Vanguard and Blackrock increasing their positions by 50% - 70% each quarter.
He has no clue what he is talking about and is a real danger to anyone that pays attention to him on this board. Saying things like "debt doesn't matter here" and "when it squeezes there will be a big sell off and no more debt" make absolutely no sense. In addition to what you correctly point out about two index managers buying what's in their index per their mandate.
What they buy is a result of 1) the company's weighting in its underlying index, and 2) their fund flows. So 50%-70% each quarter is meaningless unto itself. You have no idea what their fund flows were, nor do you have any idea what they may have bought as active vs passive. You're just making stuff up.
You can track how much they buy positions into the company on a quarterly basis.
GET OUT MAN!
I’ve actually been cost averaging down. I’m in it a decent amount.
What do you know/think about Compound?
decent project but not one that I'm in........
BLOK is a solid ETF for overall technology, but not individual coin/token projects.
Ahh, not too much, researched it a while back, but I don't think there is any better investment than chainlink in my opinion. Ethereum smart contracts that require data feeds are useless without link. Just take a look at their integrations.
Compound is a very cool project. Coinbase has one of those “learn” videos for it. Not sure about invest right now as it’s just hit its ATH, and not familiar with their competition but it’s worth learning about. I don’t see how this concept of lending isn’t way better than traditional lending for the consumer.
