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Started By
Message
re: AMC, the stock of the retail investor, possibly involved with insider trading in Hycroft
Posted on 3/16/22 at 8:16 pm to UltimaParadox
Posted on 3/16/22 at 8:16 pm to UltimaParadox
What conspiracy theories have I mentioned?
What losses have I incurred?
You're more than welcome to find my first post on AMC and see what the price was then.
What losses have I incurred?
You're more than welcome to find my first post on AMC and see what the price was then.
This post was edited on 3/16/22 at 8:19 pm
1
Posted on 3/16/22 at 8:27 pm to Buck_Rogers
quote:
What conspiracy theories have I mentioned?
That the only thing holding down AMC stock is the hedgies. Has nothing to do with the fact the company is overvalued as hell and is now dabbling in broke mining companies.
Posted on 3/16/22 at 8:37 pm to slackster
I included links to interviews with the SEC. I posted links to all my sources, such as DOJ investigations. How is that a conspiracy theory?
You are more then welcome to find my first post on AMC too. Let me help you. It was last May when you were saying the stock wouldn't see $20. I said it would go way past $20. It went up to $72 soon after. Was that another conspiracy theory, cause I sure profited off of it?
ETA: My first step was reached at $60 when I sold a quarter of my shares. If you look back, you will see where I stated my average PPS was around $15. Do the math. Sorry you missed the party.
You are more then welcome to find my first post on AMC too. Let me help you. It was last May when you were saying the stock wouldn't see $20. I said it would go way past $20. It went up to $72 soon after. Was that another conspiracy theory, cause I sure profited off of it?
ETA: My first step was reached at $60 when I sold a quarter of my shares. If you look back, you will see where I stated my average PPS was around $15. Do the math. Sorry you missed the party.
This post was edited on 3/16/22 at 8:48 pm
Posted on 3/16/22 at 8:41 pm to slackster
quote:
That the only thing holding down AMC stock is the hedgies. Has nothing to do with the fact the company is overvalued as hell and is now dabbling in broke mining companies
Once they do the share count it is going to the moon!!!
Posted on 3/16/22 at 8:48 pm to Buck_Rogers
You’re confusing causation and correlation.
A bunch of true believers getting caught up in the hype and sending it temporarily to $72 =/= validation for all of the BS naked short theories.
Regardless, it’s not the least bit surprising that every AMC believer was holding until the moon but still found a way to sell at $72. It’s hysterical that you can’t find an AMC bag holder anywhere on this board, despite an 80% drop in the stock. Y’all all timed it perfectly, sure.
A bunch of true believers getting caught up in the hype and sending it temporarily to $72 =/= validation for all of the BS naked short theories.
Regardless, it’s not the least bit surprising that every AMC believer was holding until the moon but still found a way to sell at $72. It’s hysterical that you can’t find an AMC bag holder anywhere on this board, despite an 80% drop in the stock. Y’all all timed it perfectly, sure.
This post was edited on 3/16/22 at 8:49 pm
Posted on 3/16/22 at 8:51 pm to slackster
I never claimed to sell at $72. You must've read my post before I ETA'd and assumed that I claimed that.
quote:
ETA: My first step was reached at $60 when I sold a quarter of my shares. If you look back, you will see where I stated my average PPS was around $15. Do the math. Sorry you missed the party.
This post was edited on 3/16/22 at 8:54 pm
Posted on 3/16/22 at 9:00 pm to Buck_Rogers
quote:
ETA: My first step was reached at $60 when I sold a quarter of my shares. If you look back, you will see where I stated my average PPS was around $15. Do the math. Sorry you missed the party.
Nice. Paid $15 per share, sold a quarter up 300%, paid taxes of maybe 25% on those profits, so you’re looking at a total return on your investment of about 57% at today’s prices if I did the math right.
Posted on 3/16/22 at 9:06 pm to slackster
So, let me know of a stock pick that I can earn 57% after taxes in less than a year.
Posted on 3/16/22 at 9:08 pm to Buck_Rogers
quote:
So, let me know of a stock pick that I can earn 57% after taxes in less than a year.
I wasn’t being facetious - I said nice.
You let me know of the next one.
Eta- that’s at current prices though. Obviously those 75 shares will be the ultimate decider.
This post was edited on 3/16/22 at 9:09 pm
Posted on 3/16/22 at 9:19 pm to slackster
quote:
Eta- that’s at current prices though. Obviously those 75 shares will be the ultimate decider.
Good point. His final return on the trade hinges on when he bails on the remainder. So his gain WAS 57% but it's now been reduced significantly and will likely continue down.
But not to fear, DOJ investigation, Black Rock (or Mudrick?), quadruple witching, crypto (Shiba! Doge!), CPG, traditional gold and silver mining, NFT, short squeeze, synthetic shares...MOON!!!
Posted on 3/16/22 at 9:21 pm to slackster
There probably won't be a next one that I get involved in. Covid played a big factor in all of these plays. It was huge opportunity when I saw the writing on the wall. I've said before that this thing may never squeeze, and that's why I set up my first sell the way I did. If it does squeeze then great. If it doesn't then it's no big deal.
Posted on 3/16/22 at 9:24 pm to Chucktown_Badger
quote:
So his gain WAS 57% but it's now been reduced significantly and will likely continue down.
No, it IS 57% realized gains if I were to sell now. Good try though.
Posted on 3/16/22 at 9:25 pm to Buck_Rogers
My mistake. Not terrible. Looking forward to checking on in that number in a month or so.
Posted on 3/16/22 at 9:34 pm to Chucktown_Badger
If you look at the chart pattern in the months before the January 2021 spike, you will see a very similar pattern forming now. The price continued to drop, a small spike followed, then an M shape pattern formed with a lower low; then it shot up. It looks like it's at the lower end of the M pattern again. I'd screen shot it, but I don't know how to post pics, nor care to know. We'll see though.
ETA: Changed to 2021
Volume is also about the same for that timeline. So, here's your chance.
ETA: Changed to 2021
Volume is also about the same for that timeline. So, here's your chance.
This post was edited on 3/16/22 at 10:06 pm
Posted on 3/17/22 at 6:47 pm to Buck_Rogers
quote:
Everyone should own physical gold and/or silver
Really? I don’t. Why should I?
Posted on 3/17/22 at 7:21 pm to slackster
Honestly is there any doubt we see AMC swing up to $20 within the next few weeks, if not days? This if anything is a great swing play as is DWAC.
Posted on 3/17/22 at 7:22 pm to Jag_Warrior
Investing in a mining company is nothing like investing directly in the mineral that company mines.
Posted on 3/17/22 at 7:28 pm to CajunTiger78
quote:
Honestly is there any doubt we see AMC swing up to $20
Why would it hit 20? Is there another large portion of Reddit investors who didn't get burned the first time
This post was edited on 3/17/22 at 7:28 pm
Posted on 3/17/22 at 7:37 pm to UltimaParadox
History
Posted on 3/17/22 at 8:27 pm to CajunTiger78
quote:I think it is more likely it will hit $10 instead of $20
Honestly is there any doubt we see AMC swing up to $20 within the next few weeks, if not days? This if anything is a great swing play as is DWAC.
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