‘Resist the temptation’ to short AMC Entertainment, other meme stocks ‘because these prices can go to unimaginable highs,’ says Interactive Brokers founder
June 07, 2021 at 11:40 AM EDT
Betting against stocks like AMC Entertainment Holdings and GameStop Corp., may be a fool's errand and particularly dangerous in a climate of a meme-stock revolution that has helped to propel the value of socially driven assets into the stratosphere, warns Thomas Peterffy.