“I’m not a player by nature,” he said, “and that’s money I’ve already written off.”
Mr. Davitt, who lives in Chicago and works for a company that offers employer assistance programs to employers, might as well stick with both companies. GameStop has just named several new leaders who could help breathe new life into the company, and AMC could see a recovery once people venture out of their homes again.
“If I didn’t like GameStop or AMC,” said Davitt, “I wouldn’t find it pleasant.”
Another on the line
In almost every way, Mr. Daumer, the Indiana teenager, is one of the winners of the GameStop deal. He more than doubled his money even if he didn’t make the biggest payday possible.
“Are you fishing?” he asked, trying to find a way to explain the experience.
If you’re fishing, he said, and you feel a tug on your line, it might just be a nibble or a bite. If you wait to feel a stronger jolt, you risk losing the fish you didn’t know you had.
The climax, he said, was such a moment. He thought it was just a little nibble and decided to wait.
“The fish got away,” he said.
But there are others who are addicts, he said. He is already trying his hand at a penny stock, Castor Maritime, based in Cyprus. So far this year it’s over 300 percent.
What kind of business is the company in?
“You know what? I wish I could tell you,” said Mr. Daumer. “I just like the numbers.”
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