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re: Holding AMC Thread- Diamond hands unite

Posted on 5/20/21 at 1:58 pm to
Posted by Heisenberg Aint Dead
Walker
Member since Sep 2015
1921 posts
Posted on 5/20/21 at 1:58 pm to
What’s the time frame? People keep saying it’s imminent and it keeps getting pushed back. The Hedge funds don’t seem to be giving up.
Posted by Sasquatch2020
Member since Oct 2020
519 posts
Posted on 5/20/21 at 2:30 pm to
Making life changing money aint easy! who cares if it takes another 6 months. It happens when it happens. I am hoping OCGN finally pops off so i can take my profits and buy more AMC.

People are holding for the 100K because they want the person who can only buy 5 or 10 shares to have wealth of their own.
Posted by UltimaParadox
North Carolina
Member since Nov 2008
52493 posts
Posted on 5/20/21 at 2:40 pm to
quote:

People are holding for the 100K


Lol you forgot your sarcasm tags
Posted by CidCock
Member since Sep 2007
Member since Feb 2011
8692 posts
Posted on 5/20/21 at 2:43 pm to
quote:

Making life changing money aint easy! who cares if it takes another 6 months. It happens when it happens. I am hoping OCGN finally pops off so i can take my profits and buy more AMC.

People are holding for the 100K because they want the person who can only buy 5 or 10 shares to have wealth of their own.


I can't tell if this is a flame or not. I own 150 shares of AMC, because I legitimately thought the stock could be $20 when the movies open back and thought there was squeeze potential. But I'll take $150M if it's legit going to $100k
Posted by UltimaParadox
North Carolina
Member since Nov 2008
52493 posts
Posted on 5/20/21 at 2:47 pm to
quote:

But I'll take $150M if it's legit going to $100k


I mean why not would only give it a market cap larger than the united States economy.
Posted by AbitaFan08
Boston, MA
Member since Apr 2008
27902 posts
Posted on 5/20/21 at 2:51 pm to
quote:

I own 150 shares of AMC, because I legitimately thought the stock could be $20 when the movies open back and thought there was squeeze potential.


This was my logic.

Buy and hold until movies are fully open again, could make a little cash. On the off chance the very small chance of a squeeze happened, all the better. All this “hold until $100k” is ridiculous though.
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
36878 posts
Posted on 5/20/21 at 2:55 pm to
quote:

I mean why not would only give it a market cap larger than the united States economy.




And yet this is the kind of shite some of them truly believe.
Posted by Sasquatch2020
Member since Oct 2020
519 posts
Posted on 5/20/21 at 2:57 pm to
you mean 15m but that is fine as well

3.2 million retailers are holding the shares they bought. They are not selling.

we own the float mf and set the price of the stock. You need to have more than diamond hands to hold for 100K you need diamond balls as well.

at 30K - im almost looking at 6m

This post was edited on 5/20/21 at 3:00 pm
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
36878 posts
Posted on 5/20/21 at 4:05 pm to
quote:

They are not selling.


Uhhhhh, yeah they are.

quote:

set the price of the stock


Wait, every red day greygoose is in here claiming the hedgies are committing corruption by manipulating the price. So which is it? And if you set the price, why don't you just set it higher?

quote:

at 30K - im almost looking at 6m


shite, man...why only $30,000/share?
Posted by Sasquatch2020
Member since Oct 2020
519 posts
Posted on 5/20/21 at 4:14 pm to
quote:

every red day greygoose is in here claiming the hedgies are committing corruption by manipulating the price. So which is it? And if you set the price, why don't you just set it higher?


he is right... but at the end of this war, we do set the price of the stock.
Posted by greygoose
Member since Aug 2013
15038 posts
Posted on 5/20/21 at 4:27 pm to
quote:

What’s the time frame? People keep saying it’s imminent and it keeps getting pushed back. The Hedge funds don’t seem to be giving up.

Voting starts on June 2nd. Shareholders meeting is July 29th. Check out the last link I posted a few threads back. Hedges and market makers can't be caught hold naked shorts/synthetic shares so they will have to start buying. Why did crypto fall so hard recently? Big sell off to cover upcoming margin calls is a big theory that is going around. April 19 option expirations is another date. Apparently, a lot of failure to deliver out there stemming from that day and they are on the clock with it quickly running out of time.

If there are only half of the fake shares that are estimated, then we are looking at the mother of all squeezes.
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
36878 posts
Posted on 5/20/21 at 5:07 pm to
Same story and buzzwords and no squeeze, the only thing that changes is the month.
Posted by CidCock
Member since Sep 2007
Member since Feb 2011
8692 posts
Posted on 5/20/21 at 5:58 pm to
I legit hope you are right. If it was this much of a sure thing, wouldn’t all those in the know be buying massive amounts and driving the price up now?
Posted by greygoose
Member since Aug 2013
15038 posts
Posted on 5/20/21 at 9:12 pm to
quote:

Same story and buzzwords and no squeeze, the only thing that changes is the month.

Hey, I just paid cash for my fast food order, and I got some change back. Want me to send it to you so that you can buy more puts?
Posted by greygoose
Member since Aug 2013
15038 posts
Posted on 5/20/21 at 9:14 pm to
quote:

I legit hope you are right. If it was this much of a sure thing, wouldn’t all those in the know be buying massive amounts and driving the price up now?
Pay attention, a shitload of major institutional holder have increased their holding. Some very big names have doubled their holdings.
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
36878 posts
Posted on 5/20/21 at 9:20 pm to
quote:

Hey, I just paid cash for my fast food order, and I got some change back. Want me to send it to you so that you can buy more puts?


You fat.

ETA: and people who eat fast food are trashy.
This post was edited on 5/20/21 at 9:22 pm
Posted by slackster
Houston
Member since Mar 2009
91836 posts
Posted on 5/20/21 at 9:38 pm to
quote:

Pay attention, a shitload of major institutional holder have increased their holding. Some very big names have doubled their holdings.




Cracks me up that you don’t understand the difference between active and passive buying.
Posted by Sasquatch2020
Member since Oct 2020
519 posts
Posted on 5/20/21 at 9:43 pm to
Amc and gme will be the stocks that pulls the curtain open of the bs and corruption the machine pulls on a daily basis. The reason being is bc ppl ain’t selling. That’s a fact. Sure day traders are to make a profit each day. But majority ain’t selling period in hopes of the 100k. This will bite the machine in the arse to expose it all. I love it. Brighter days ahead coming I think regardless of a squeeze. I joined the ride for what the hell. I hope it happens but something bigger at play here as well. Expose it all.

I’m a newbie but catching on quick of how the machine works and it’s fricked up no doubt. Time for change. How can u be against it?
This post was edited on 5/20/21 at 9:46 pm
Posted by slackster
Houston
Member since Mar 2009
91836 posts
Posted on 5/20/21 at 9:46 pm to
quote:

his was my logic.

Buy and hold until movies are fully open again, could make a little cash. On the off chance the very small chance of a squeeze happened, all the better. All this “hold until $100k” is ridiculous though.


If this market has taught folks anything, hopefully it’s that you should buy the rumor and sell the news. AMC is already valued higher than it was pre covid. Don’t get too greedy. My “sell half at 14” idea is looking more and more solid as AMC continuously fails to hold it.
Posted by greygoose
Member since Aug 2013
15038 posts
Posted on 5/20/21 at 9:53 pm to
quote:

Cracks me up that you don’t understand the difference between active and passive buying.


Cracks me up that you believe algos are written to purposefully buy bad investments.
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