Why AMC (AMC) & GameStop (GME) Investors Should Be Cautious

Schwab Network

English - June 02, 2021 20:05 - 6 minutes - 38.9 MB - ★★★★★ - 23 ratings
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AMC Entertainment (AMC) and GameStop (GME) have begun to rise again. David Trainer, CEO of New Constructs, discusses these recent increases. He states that it is a sentiment-driven rally that is going to end badly for a lot of individuals. He talks about how AMC and GameStop are priced very far beyond what they are worth. He believes AMC’s equity value is priced at $0. Finally, Trainer talks about stocks that he likes such as JPMorgan Chase & Co. (JPM), Walt Disney Co. (DIS), Valvoline (VVV), AutoZone (AZO), and Walmart (WMT).