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re: AMC Closing Stock Price Question

Posted on 1/31/21 at 8:38 am to
Posted by lsutigermall
Plantation Trace
Member since Nov 2006
7301 posts
Posted on 1/31/21 at 8:38 am to
quote:

They have 10 mins to drive it down 4.38. HOLD




Why 10 minutes? I’ll certainly hold if that’s true.
Posted by facelessman07
Member since Jan 2019
233 posts
Posted on 1/31/21 at 8:40 am to
Option Chain expiration.

A ton of calls expired in the money.
Posted by CajunTiger78
Member since Aug 2017
2879 posts
Posted on 1/31/21 at 8:47 am to
The mass consensus is to HOLD atleast until Thursday, this is the projected peak.
This post was edited on 1/31/21 at 10:14 am
Posted by CajunTiger78
Member since Aug 2017
2879 posts
Posted on 1/31/21 at 10:14 am to
Great breakdown video on how this stock is expected to rise throughout this coming week.

LINK
Posted by lesgeaux
Member since Jul 2008
3948 posts
Posted on 1/31/21 at 10:46 am to
When is a good time to buy in? How many shares do you need in order to make this worthwhile?
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
35765 posts
Posted on 1/31/21 at 11:21 am to
quote:

Great breakdown video on how this stock is expected to rise throughout this coming week.



I didn't take away too much other than "shorts will be covering throughout the week which could drive the price up".
Posted by Hailstate15
ForeverGator's mom's
Member since Nov 2018
21466 posts
Posted on 1/31/21 at 11:30 am to
quote:

Btw, I have no idea what I'm doing


My diamond hands yelled the same thing as I bought my AMC. Who cares. to the moon!!
Posted by CidCock
Member since Sep 2007
Member since Feb 2011
8686 posts
Posted on 1/31/21 at 12:51 pm to
I don’t know what to make of this, but the cashier at the liquor store yesterday was tracking his robinhood account. There has never been this kind of interest in a stock before by the general public. That being said, plenty of people are going to lose, bigly. I don’t see $100, but I think $30-$40 is reasonable this week.
This post was edited on 1/31/21 at 12:52 pm
Posted by tigerfoot
Alexandria
Member since Sep 2006
60639 posts
Posted on 1/31/21 at 1:02 pm to
I won’t punt till it’s fourth and real long.
Posted by nated14
Baton Rouge
Member since Nov 2009
925 posts
Posted on 1/31/21 at 1:47 pm to
It’s sitting at the black jack table with the dealer showing a 6 and you have ace 6..... double down but knowing she can pull a 21 but odds are with you. Basically put it what you can lose and enjoy the game. Or you flop black jack and she shows Ace take even money and win or let it ride to get the extra 1/2. I bought AMC avg at 12.6 I’ll hold through next Thursday but also in for 2k which I’m ok losing 1k-1200 of it. Worst case scenario i sell for 1600 loss and learn a lesson
Posted by dcrews
Houston, TX
Member since Feb 2011
32130 posts
Posted on 1/31/21 at 11:39 pm to
Dropping some $$$ on AMC tomorrow at open.

Let's get it on.
Posted by FigerTan
Member since Jan 2016
67 posts
Posted on 1/31/21 at 11:46 pm to
No, but buy a dip in price! It will come multiple times and when you think you found that dip there will probably be a bigger one soon after. Also scale in, don’t drop 20k in right away, put a little in in case a bigger dip comes. Always add at dips to lower your average price. Be smart and don’t over play it. AMC will go, just don’t get greedy with it. FOMO never pays!!!
Posted by FigerTan
Member since Jan 2016
67 posts
Posted on 1/31/21 at 11:55 pm to
Only buy the dips in price, never chase a stock. It’s called FOMO and it will burn a hole in your pocket. Usually these stocks come out hot at open and rise quickly, followed by a big dip in price. Buying a stock at a dip price not only makes you more money but will mentally help you get out in the long run. It’s setting you up for success. I bought in at $2.23 and sold around $26. I bought back in at $10 and I am holding with diamond hands
Posted by TheOcean
#honeyfriedchicken
Member since Aug 2004
45114 posts
Posted on 2/1/21 at 4:22 am to
Diamond hands baby
Posted by Lsut81
Member since Jun 2005
83655 posts
Posted on 2/1/21 at 5:03 am to
Up almost 3 in pre right now... let’s go
Posted by EarlyCuyler3
Appalachia
Member since Nov 2017
27290 posts
Posted on 2/1/21 at 6:03 am to
Up 22% already premarket. Think it may be too late for the ride on this one too.
Posted by ItNeverRains
Offugeaux
Member since Oct 2007
28166 posts
Posted on 2/1/21 at 6:16 am to
quote:

Up 22% already premarket. Think it may be too late for the ride on this one too.



I’ve got 10k to gamble with I’ll see what happens.
Posted by SeaPickle
Thibodaux
Member since May 2011
3175 posts
Posted on 2/1/21 at 6:23 am to
It's been falling since 4am. Highest I seen was around 16.70
Posted by Lsut81
Member since Jun 2005
83655 posts
Posted on 2/1/21 at 6:28 am to
Sounds like mid week is when chaos may ensue depending on if people hold. Brokerages who shorted have til thurs to make their positions right
Posted by EarlyCuyler3
Appalachia
Member since Nov 2017
27290 posts
Posted on 2/1/21 at 6:30 am to
That's what everyone keeps saying. Who breaks first.
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