But doesn't the fact that all these new traders are chasing these meme stocks at any price with zero regard for fundamentals indicate just how frothy the market has gotten?? I've had several younger friends tell me they bought AMC this week. They've never bought a stock before and have no clue what they're doing.
Speaking of AMC, did you see the company release this morning? They actually warned investors about buying the stock here. Saying the recent surge isn't tied to the underlying value of their business. Not sure I've ever seen a company say that. And I think the stock was STILL green at one point after that. Maybe it's headed to $100. Or $200. Or $300. Who knows anymore.
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