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re: Holding AMC Thread- Diamond hands unite

Posted on 5/19/21 at 11:27 am to
Posted by greygoose
Member since Aug 2013
15038 posts
Posted on 5/19/21 at 11:27 am to
quote:

I have amc stock should I sell it because it’s down 10%. Or are we ridin
I held Bitcoin many years ago. It floundered, then dropped, I sold it. I have regrets now.
Posted by ItNeverRains
Offugeaux
Member since Oct 2007
28166 posts
Posted on 5/19/21 at 12:18 pm to
I bought 25 more at 12.49.
Posted by CajunTiger78
Member since Aug 2017
2879 posts
Posted on 5/19/21 at 12:22 pm to
Hold
Posted by slackster
Houston
Member since Mar 2009
91836 posts
Posted on 5/19/21 at 1:43 pm to
quote:

I have amc stock should I sell it because it’s down 10%. Or are we ridin



Hold so the other retail guys who tell you they aren’t selling can get out.
Posted by CajunTiger78
Member since Aug 2017
2879 posts
Posted on 5/19/21 at 1:48 pm to
Slacster, you really come off as a sad little man. Did somebody burn you bad in your past brother? Serious question.
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
36878 posts
Posted on 5/19/21 at 1:51 pm to
Trey's Trades video from yesterday said today was pivotal and that he expected it to break through $14.50 and start to really take off. I've noticed that theme with his videos. Whatever is happening and wherever the stock is at always indicates that it's ready to take of in the very near future, and the idiots eat it up every time

At some point, do people not realize what this guy is peddling?
This post was edited on 5/19/21 at 1:52 pm
Posted by slackster
Houston
Member since Mar 2009
91836 posts
Posted on 5/19/21 at 1:55 pm to
quote:

Slacster, you really come off as a sad little man.


I’ve been a savant in these threads for a while bro. Sometimes you should sell things. In all of the threads where people call me a hater, those people would have more money if they had listened to me. Seriously. This one included - the only explicit advice I gave was to say I’d sell half for around $14 a few pages back, and here AMC is struggling to hold that $14 mark yet again.
Posted by CajunTiger78
Member since Aug 2017
2879 posts
Posted on 5/19/21 at 1:58 pm to
you may want to actually go back and look at his video. He gives a best case scenario (which you're refering to) and a worst case scenario (which is happening today). BTW he is dead on.

Link: (It's at the 8:40 mark FYI)
LINK
This post was edited on 5/19/21 at 2:00 pm
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
36878 posts
Posted on 5/19/21 at 2:08 pm to
I watched the whole thing. He spent 13 minutes yelling about the upside, holy toledo, here's what it all means, but then 45 seconds on "but it could go down too". If you asked 100 people what their takeaway from that video was, 99 would say "this thing is gonna move up big tomorrow". Which is what it is every time.

Also keep in mind that this guy makes more money with more views. Which type of AMC sentiment do you think gets more views?
This post was edited on 5/19/21 at 2:10 pm
Posted by greygoose
Member since Aug 2013
15038 posts
Posted on 5/19/21 at 2:10 pm to
quote:

you may want to actually go back and look at his video. He gives a best case scenario (which you're refering to) and a worst case scenario (which is happening today). BTW he is dead on.

Link: (It's at the 8:40 mark FYI)
LINK

Exactly! I was up at 3:30am central, watching the hedges manipulating the price and driving the price down. Very, very few people have the ability to trade that early in the day.
Posted by slackster
Houston
Member since Mar 2009
91836 posts
Posted on 5/19/21 at 2:13 pm to
quote:

He gives a best case scenario (which you're refering to


Which he said he was 90% confident would happen, so...
Posted by slackster
Houston
Member since Mar 2009
91836 posts
Posted on 5/19/21 at 2:14 pm to
quote:

Exactly! I was up at 3:30am central, watching the hedges manipulating the price and driving the price down. Very, very few people have the ability to trade that early in the day.


I used to think you really were a big AMC believer but now I’m starting to think you’re just pulling off a super elaborate troll. Well done, if so.
Posted by CajunTiger78
Member since Aug 2017
2879 posts
Posted on 5/19/21 at 2:17 pm to
quote:

I watched the whole thing. He spent 13 minutes yelling about the upside, holy toledo, here's what it all means, but then 45 seconds on "but it could go down too". If you asked 100 people what their takeaway from that video was, 99 would say "this thing is gonna move up big tomorrow". Which is what it is every time.

Also keep in mind that this guy makes more money with more views. Which type of AMC sentiment do you think gets more views?



You can't fault the guy for trying to lean on the positive side of the coin. And then you just dismiss his disclaimer that it very well could drop (and the range he explained is where it currently is sitting).

You accusing him of cherry-picking info is very rich, especially when you're doing the same same exact thing. Pot meet kettle...
This post was edited on 5/19/21 at 2:17 pm
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
36878 posts
Posted on 5/19/21 at 2:19 pm to
When it goes down it's those evil hedgies (with or without actual evidence to back up that activity), when it goes up it's retail buying because this thing is gonna take off...or if the hedgies are buying that's a good sign too. How many times in this thread have we seen people post buys from passively managed funds being touted as legitimizing a buy of this stock? Funds run by the same "hedgies" these guys are supposedly fighting against...it's comical in its lunacy.
This post was edited on 5/19/21 at 2:25 pm
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
36878 posts
Posted on 5/19/21 at 2:23 pm to
quote:

You can't fault the guy for trying to lean on the positive side of the coin. And then you just dismiss his disclaimer that it very well could drop (and the range he explained is where it currently is sitting).

You accusing him of cherry-picking info is very rich, especially when you're doing the same same exact thing. Pot meet kettle...


When it involves what I am going to do with my money, I usually pressure test and confirm the claims being made by anyone. Clearly there are a lot of people not doing it in the case of AMC.

I'm not certain what data I'm cherry picking, other than when I quote financial data from trusted sites. This Trey fella has a horrible win rate.

And come on...today he gave a range that was $12-$21+. HOLY shite, HE WAS RIGHT!!!
Posted by CajunTiger78
Member since Aug 2017
2879 posts
Posted on 5/19/21 at 2:24 pm to
quote:

When it goes down it's those evil hedgies (with or without actual evidence to back up that activity), when it goes up it's retail buying because this thing is gonna take off...or if the hedgies are buying that's a good sign too.


Since you and Slackster are such gurus at this, maybe you can explain the 8 days of stock price increase despite the sea of red everywhere else?
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
36878 posts
Posted on 5/19/21 at 2:27 pm to
quote:

Since you and Slackster are such gurus at this, maybe you can explain the 8 days of stock price increase despite the sea of red everywhere else?


My guess would be momentum buying from retail based on things like Aron's quotes, and things like your boy Trey.

And why are you trying to assess this stock vs the broader market? I thought the squeeze was imminent, and if so, what the broader market is doing is irrelevant.
Posted by CajunTiger78
Member since Aug 2017
2879 posts
Posted on 5/19/21 at 2:28 pm to
quote:

And come on...today he gave a range that was $12-$21+. HOLY shite, HE WAS RIGHT!!!


This is what I meant by cherry-picking. In his video (that I linked above) he stated that he thought the pull back would be in the range of $12.20 and $12.89...its currently sitting at $12.39
Posted by CajunTiger78
Member since Aug 2017
2879 posts
Posted on 5/19/21 at 2:30 pm to
quote:

My guess would be momentum buying from retail based on things like Aron's quotes, and things like your boy Trey.

And why are you trying to assess this stock vs the broader market? I thought the squeeze was imminent, and if so, what the broader market is doing is irrelevant.


yet you continue to try and use typical stock market logic to back up your claims that AMC is a dead cat.
Posted by slackster
Houston
Member since Mar 2009
91836 posts
Posted on 5/19/21 at 2:37 pm to
quote:

Since you and Slackster are such gurus at this, maybe you can explain the 8 days of stock price increase despite the sea of red everywhere else?


A little short covering, perhaps, but mostly renewed interest from the WSB-types of the world after Doge pulled back, if I had to guess.

Doge peak and AMC’s recent bottom were the same day, fwiw.
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