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re: Diving into AMC...whats best method?
Posted on 3/1/21 at 11:12 am to FLObserver
Posted on 3/1/21 at 11:12 am to FLObserver
quote:
now have this stock because everyone was jumping in like 3 weeks ago. Dont think it will go up overnight but if everything starts to open up again. i could see this at 20 to 25 by end of year.
Rumors abound that Amazon is lurking
0
Posted on 3/1/21 at 11:14 am to Jag_Warrior
quote:It was 72 an hour ago.
StochRSI is around 93 now.
Posted on 3/1/21 at 11:18 am to GeeOH
RKT is the next short squeeze if one happens. Heavily shorted and RKT just announced a special dividend that is going to force the shorts hands. I'm not saying it's going to happen but it is absolutely prime to happen if it gets going.
Posted on 3/1/21 at 11:18 am to greygoose
quote:
It was 72 an hour ago.
I just learned what RSI is. For others:
quote:
Traditional interpretation and usage of the RSI are that values of 70 or above indicate that a security is becoming overbought or overvalued and may be primed for a trend reversal or corrective pullback in price. An RSI reading of 30 or below indicates an oversold or undervalued condition.
Posted on 3/1/21 at 11:21 am to Chucktown_Badger
quote:
Traditional interpretation and usage of the RSI are that values of 70 or above indicate that a security is becoming overbought or overvalued and may be primed for a trend reversal or corrective pullback in price. An RSI reading of 30 or below indicates an oversold or undervalued condition.
Thanks. But I don't think anything that these guys are trying to pull is "traditional "
Just ask the victims of the gme squeeze, lol
Posted on 3/1/21 at 11:22 am to Chucktown_Badger
quote:
Uh, buy the stock?
Thanks..but read question again
quote:
to best profit
Posted on 3/1/21 at 11:30 am to GeeOH
My suggestion doesn't change. I'm not sure what you're looking for. If you think the stock is going to go up, buy it. That's how investing works.
Posted on 3/1/21 at 11:33 am to GeeOH
quote:Victims? You mean the hedge funds? You do realize that GME is up 100%, RIGHT NOW, since the short squeeze was predicted, right?
Just ask the victims of the gme squeeze, lol
Posted on 3/1/21 at 11:38 am to Chucktown_Badger
quote:Figures.
I just learned what RSI is. For others:
Posted on 3/1/21 at 11:41 am to GeeOH
quote:
English?
I mean if you don’t think that’s English then I wouldn’t be getting in AMC
Posted on 3/1/21 at 11:45 am to greygoose
quote:
Figures.
The fact that I didn't know what it was doesn't change what the data says.
Posted on 3/1/21 at 11:48 am to GeeOH
GOOD frickIN LUCK!!!
Posted on 3/1/21 at 11:52 am to Chucktown_Badger
quote:
just learned what RSI is. For others:
it's a bulshit newb trading indicator
Posted on 3/1/21 at 11:56 am to rocket31
quote:It's good for gauging sentiment, among other indicators.
it's a bulshit newb trading indicator
Posted on 3/1/21 at 12:03 pm to greygoose
quote:
Victims? You mean the hedge funds? You do realize that GME is up 100%, RIGHT NOW, since the short squeeze was predicted, right
They had it shorted. It going to 400 crushed expiring shorts. They lost
Posted on 3/1/21 at 12:06 pm to Chucktown_Badger
quote:
I'm not sure what you're looking for.
Read the OP..its a simple request for opinions of HOW TO PROCEED.
No one asked for a statistical analysis or an agreement with me investing. I thought some might give an actual answer. Not some blowhard stuck up, listen to me bullshite
Posted on 3/1/21 at 12:10 pm to GeeOH
quote:
HOW TO PROCEED.
Buy the fricking stock. Again, Im not sure what you expect people to say. If you think it's going up, buy it. That's the best way to profit.
I feel like you're looking for some super secret way that no one is aware of to make money on a stock that you think is gonna go up.
Posted on 3/1/21 at 12:13 pm to GeeOH
quote:I understand, but I wouldn't refer to them as "victims". Melvin and Citadel were Hell-bent on bankrupting GME. They got what they deserved. I'm not sure how you can short a company 142%, but they did and paid out billions.
They had it shorted. It going to 400 crushed expiring shorts. They lost
Posted on 3/1/21 at 12:25 pm to Chucktown_Badger
quote:
That's the best way to profit.
Options? Maybe? Hence the OP
Posted on 3/1/21 at 12:42 pm to GeeOH
I am not saying whether or not AMC is a good or bad investment.
However it should be known it is already worth more than before COVID. So minus the massive debt it has taken on... Do you see it performing better in a post-COVID environment.
However it should be known it is already worth more than before COVID. So minus the massive debt it has taken on... Do you see it performing better in a post-COVID environment.
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