And Jim Cramer took to his Real Money column on Wednesday night to discuss his thoughts on the sellers in these names.
"Stop it already, you silly sellers. Can't you tell what is happening? Can't you see how short-sighted you are, how blind to the situation?" Wrote Jim Cramer in his Real Money column on Wednesday, May 26.
"...What I am talking about are the fools who keep selling AMC (AMC) and GameStop (GME) to the mobs that are determined to take them higher. Admittedly these stocks represent entities that many fear are moribund. While COVID is on the run and we are going back to movie theaters, we also spent a ton making gorgeous home theaters and we found ourselves liking longer-form productions, a "Mare of Easttown" or "Game of Thrones" or "The "Crown" or "The Queen's Gambit." These are intelligent, gorgeous productions with better writing and acting than most movies. Plus, who doesn't like movie candy, popcorn and a Diet Coke, but they long since priced us out and made us feel stupid for shelling out $20 for Raisinets, Goobers and a couple of waters," he continued.
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