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re: Holding AMC Thread- Diamond hands unite

Posted on 5/25/21 at 9:39 am to
Posted by BZ504
Texas
Member since Oct 2005
12915 posts
Posted on 5/25/21 at 9:39 am to
I just bought 100 shares. Why not
Posted by slackster
Houston
Member since Mar 2009
91362 posts
Posted on 5/25/21 at 9:41 am to
Good luck.
Posted by CidCock
Member since Sep 2007
Member since Feb 2011
8689 posts
Posted on 5/25/21 at 9:43 am to
I hope some of you guys are right, but it's going to be hard to hold my 150 shares if this thing goes to $200
Posted by greygoose
Member since Aug 2013
14325 posts
Posted on 5/25/21 at 9:43 am to
quote:

I hope some of you guys are right, but it's going to be hard to hold my 150 shares if this thing goes to $200

You and me both!
Posted by Sasquatch2020
Member since Oct 2020
519 posts
Posted on 5/25/21 at 9:43 am to
dont be paperhands when you see 100 or 500... hold!! The ape community knows what is waiting after the fake squeeze! 100k = 10m

you walk away with 5m after taxes
Posted by slackster
Houston
Member since Mar 2009
91362 posts
Posted on 5/25/21 at 9:49 am to
quote:

dont be paperhands when you see 100 or 500... hold!! The ape community knows what is waiting after the fake squeeze! 100k = 10m

you walk away with 5m after taxes


The entire value of the US stock market is ~$40T. If AMC got to $80,000/shr, it would surpass that, much less $100k. In what fantasyland do you live where anyone would be able to liquidate at those levels?

$5,000/shr would make it the most valuable company in the world.
This post was edited on 5/25/21 at 9:53 am
Posted by ItNeverRains
Offugeaux
Member since Oct 2007
28166 posts
Posted on 5/25/21 at 9:56 am to
quote:

The squeeze in January of AMC and GME didn’t fail because trading halts, it ultimately “failed” because retail sold.


This is complete bullshite. The biggest retail platform used by investors in these two stocks was criminally altered and did exactly what it was supposed to do. The CEO of Robinhood should have been arrested and should be awaiting trial.

Posted by ItNeverRains
Offugeaux
Member since Oct 2007
28166 posts
Posted on 5/25/21 at 10:00 am to
quote:

I hope some of you guys are right, but it's going to be hard to hold my 150 shares if this thing goes to $200


If it squeezes it’s going to get to around $400/share max. If you want to leave a few shares as lottery tickets go for it, but take profits on 2nd day of squeeze.
Posted by Sasquatch2020
Member since Oct 2020
519 posts
Posted on 5/25/21 at 10:08 am to
This is fascinating to follow to say the least. I bought some shares to say what the hell, rather be in the game then on the sideline in case it does go to 100K.

Now im seeing videos explaining how its mathematically possible to reach 100K.

I know i am witnessing a war going on with the HFs who thought we would sell. Now there is a crazy mentality of people not selling because the belief in 100K is strong

you got planes flying banners with AMC references across the cities. You got billboards going up in cities.

Am i entertained, hell yea I am
This post was edited on 5/25/21 at 10:11 am
Posted by MusclesofBrussels
Member since Dec 2015
4937 posts
Posted on 5/25/21 at 10:18 am to
quote:

Now im seeing videos explaining how its mathematically possible to reach 100K.

I know i am witnessing a war going on with the HFs who thought we would sell. Now there is a crazy mentality of people not selling because the belief in 100K is strong


This is an online conspiracy theory. Gamestop and AMC aren't going to wreck the entire global economy and shoot to the moon while everyone else becomes poor. There aren't tens of millions of "synthetic shares". Their market cap is not going to jump higher than the entire US GDP. GME doesn't have a floor of 10 million a share. AMC doesn't have a floor of 100K a share. Not sure how people are falling for this with such conviction.
Posted by greygoose
Member since Aug 2013
14325 posts
Posted on 5/25/21 at 10:22 am to
quote:

The entire value of the US stock market is ~$40T. If AMC got to $80,000/shr, it would surpass that, much less $100k. In what fantasyland do you live where anyone would be able to liquidate at those levels?

$5,000/shr would make it the most valuable company in the world.
How much money does the DTCC control for, basically, insurance purposes?

Posted by greygoose
Member since Aug 2013
14325 posts
Posted on 5/25/21 at 10:31 am to
quote:

This is an online conspiracy theory. Gamestop and AMC aren't going to wreck the entire global economy and shoot to the moon while everyone else becomes poor. There aren't tens of millions of "synthetic shares". Their market cap is not going to jump higher than the entire US GDP. GME doesn't have a floor of 10 million a share. AMC doesn't have a floor of 100K a share. Not sure how people are falling for this with such conviction.
I have never said it would get that high. First of all, our government will never allow it. But I do believe extreme pressure will be placed on the hedge funds that have manufactured shares, thru naked shorting. If you don't believe that synthetic shares exist, then there is no logic in your thinking. There is a definite reason why half of all AMC trades have been routed thru the Dark Pools. No oversight there, but it's all about to come to light.
Posted by Sasquatch2020
Member since Oct 2020
519 posts
Posted on 5/25/21 at 10:38 am to
quote:

First of all, our government will never allow it.


allow it to go to 100K? maybe not but doesnt shitadel have like 65T worth of insurance or something.. I thought I read something about 65T.

I also have seen a few people post examples where stocks squeeze to 25k and 32k

DGAZF went from couple 100 to 25K in just a week or so. I am just hoping for something like that. Just give me 30-40K
Posted by CidCock
Member since Sep 2007
Member since Feb 2011
8689 posts
Posted on 5/25/21 at 10:50 am to
you're giving mixed signals!

quote:

dont be paperhands when you see 100 or 500... hold!! The ape community knows what is waiting after the fake squeeze! 100k = 10m

you walk away with 5m after taxes


You want me to hold for $100k, but you are out at 30k!
Posted by ItNeverRains
Offugeaux
Member since Oct 2007
28166 posts
Posted on 5/25/21 at 10:55 am to
quote:

How much money does the DTCC control for, basically, insurance purposes


61B I believe
Posted by greygoose
Member since Aug 2013
14325 posts
Posted on 5/25/21 at 11:08 am to
quote:

61B I believe

Ha! A whole lot more than that! Substitute the "B" with a "T" and you'd be closer to the real amount.
Posted by ItNeverRains
Offugeaux
Member since Oct 2007
28166 posts
Posted on 5/25/21 at 11:12 am to
You’re right. I meant trillion
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
35858 posts
Posted on 5/25/21 at 11:27 am to
quote:

dont be paperhands when you see 100 or 500... hold!


You need to talk to your boy greygoose. He's been selling, which limits the squeezeability.

Directly from him

quote:

I've bought and sold a few times. 
Posted by greygoose
Member since Aug 2013
14325 posts
Posted on 5/25/21 at 11:36 am to
quote:

You need to talk to your boy greygoose. He's been selling, which limits the squeezeability.

Directly from him
Who uncovered your rock? Did Grandma send you another check so that you can buy more AMC puts? You know, sooner or later, she's going to cut you off, right?
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
35858 posts
Posted on 5/25/21 at 11:53 am to
Sorry baw. A week in Key West will take people off the grid for a bit. Stop selling, you're screwing it up for everyone. Lose them paper hands.
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