AMC Stocks Today Following a Small Christmas Investment | Wed May 26, 2021

Follow the daily blog of Michael P Wright.

I created this journal to celebrate my 38th birthday, to force myself to write every day, and to totally copy thought expert and author Seth Godin.

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.

Screenshot of AMC holdings from Fidelity account.

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.