AMC: What’s this Meme Stock Giant Doing Now?

[unsubscribe]( [AlphaShark logo]( Hey Trader, Let’s be honest: The meme stocks run was a nice one…but given than stocks like AMC entertainment have had such a bad January - it was easy to assume to this wild time in the market was over. And the meme stock rally was over… But lately, the performance of these types of stocks may have you wondering. Especially seeing AMC has seen three days of big gains - there appears to be signs of life in these retail-investor favorites. January was terrible for AMCE as the stock fell 41%. But February has been looking up - particularly Tuesday, Wednesday, and Thursday of this week. Because AMC has gained a whopping 31% over those three days. And truthfully, it’s hard to tell what is fueling these rivals. Not that the headlines have been entirely dead… For instance, the company said it would give Batman non-fungible tokens to moviegoers who buy tickets before the release of The Batman. AMC also hired a new vice president of growth strategy, a job that could include bringing movie popcorn to other retail outlets. Neither of these instances are likely responsible for such a big pop in the stock, though. So, here’s the thing we know…when it comes to profit opportunities, it doesn’t matter what’s causing the action. We take opportunities every day thanks to our scanners that have no reason or rhyme… I think it’s important to really look at this situation carefully - because the question now becomes, is this a stock that suits you and portfolio? This is where having a trading plan is more important than ever. You must evaluate your trading style, your risk tolerance, and everything in between to ensure this name fits your end goals. Or, you could look at options - consider if an options setup on entertainment stock is what you’re looking for… Because as you know, they offer an easy in and out - just in case this is a short-term blip after all. Now, I’ll be sure to keep a close eye on this meme name - and I’ll be sure to keep you updated too. That’s all from me. Andrew Keene [Andrew Keene]( Andrew Keene “[AlphaShark.com]( ("AlphaShark" or "AlphaShark Trading") is not an investment advisor and is not registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory Authority. Further, owners, employees, agents or representatives of AlphaShark are not acting as investment advisors and might not be registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory. IMPORTANT NOTICE! No representation is being made that the use of this strategy or any system or trading methodology will generate profits. Past performance is not necessarily indicative of future results. There is substantial risk of loss associated with trading securities and options on equities. Only risk capital should be used to trade. Trading securities is not suitable for everyone. Disclaimer: Futures, Options, and Currency trading all have large potential rewards, but they also have large potential risk. You must be aware of the risks and be willing to accept them in order to invest in these markets. Don’t trade with money you can’t afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures, options, or currencies. No representation is being made that any individual, group, or entity will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results. Visit our website below to read the full disclaimer. [( If you wish to stop receiving our emails or change your subscription options, please [Manage Your Subscription]( AlphaShark Trading, 3111 N Houston Street, Unit 2606, Dallas, TX 75219, US