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Message
re: Holding AMC Thread- Diamond hands unite
Posted on 5/26/21 at 8:01 am to ItNeverRains
Posted on 5/26/21 at 8:01 am to ItNeverRains
they really think apes are falling for that shite!! They underestimated the people who bought this stock and its going to something when it moons and creates new millionaires.
0
Posted on 5/26/21 at 8:03 am to slackster
quote:
I think AMC is a $10 stock, at best, in the next year.
Explain to me how I can make money on that without unlimited risk? Look at the price of July 2022 puts. $10 puts don’t break even until $6.50.
It is inherently easier to be long something than it is to be short something like this. You had a limited risk and unlimited upside. The math doesn’t work that way to go short.
Surely you’re smart enough to understand this.
Yes, I do very much understand. It appears that you think that this will go up a lot before then, though. So why not buy some shares?Posted on 5/26/21 at 8:04 am to slackster
Impatient... ill hold as long as it takes! Its so easy to hold.
Posted on 5/26/21 at 8:05 am to slackster
quote:
Surely you’re smart enough to understand this.
Not sure which of his posts led you to that belief
Posted on 5/26/21 at 8:05 am to greygoose
quote:
It appears that you think that this will go up a lot before then, though. So why not buy some shares?
I think there is a risk it can go up considerably because people are crazy, yes.
I simply don’t do short term bets though. Personal choice. To each their own.
Posted on 5/26/21 at 8:06 am to greygoose
quote:
No one anywhere is suggesting that people hold forever.
Uhh, see sasquatch.
Posted on 5/26/21 at 8:07 am to slackster
quote:You forget about the hedges that KNOW how many fake shares they've created. Their actions will tell you a ton leading up to the count and the release of those numbers.
They won’t be released for a while though. Keep that in mind. Might be able to sell the rumor and buy back after people get impatient.
Posted on 5/26/21 at 8:10 am to MusclesofBrussels
quote:Ah, the sniper from the weeds! shite posts, but never contributes anything of value.
MusclesofBrussels
Posted on 5/26/21 at 8:10 am to greygoose
Okay, so if it goes to $10k, someone explain to me where the money will come from? Is the US Treasury going to print money for Citadel to buy the shares? You can't get blood of a turnip.
How does that work? I am believing the squeeze is possible and I own 150 shares at $12.50, but am thinking of YOLO-ing another grand today....but it feels reckless?
How does that work? I am believing the squeeze is possible and I own 150 shares at $12.50, but am thinking of YOLO-ing another grand today....but it feels reckless?
Posted on 5/26/21 at 8:16 am to CidCock
quote:DTCC
Okay, so if it goes to $10k, someone explain to me where the money will come from? Is the US Treasury going to print money for Citadel to buy the shares? You can't get blood of a turnip.
How does that work? I am believing the squeeze is possible and I own 150 shares at $12.50, but am thinking of YOLO-ing another grand today....but it feels reckless?
LINK
That is the reason behind all the new rules put in place over the last few months. Hedges became reckless with shorting companies. If they fold up, the DTCC get left holding the bag. The new rules reigned in the hedges, but not before they went stupid on AMC and GME, shorting GME 140%.
Posted on 5/26/21 at 8:20 am to CidCock
quote:Let me ask you this. If someone bought at $13 yesterday, a smart move? $10 two weeks ago?
I own 150 shares at $12.50, but am thinking of YOLO-ing another grand today....but it feels reckless?
Posted on 5/26/21 at 8:22 am to greygoose
quote:
I could sell right now and walk away with a 67% gain
I'm sitting at 73% gain since I bought in about 2 months ago. I'm just gonna hold till it rolls.
Posted on 5/26/21 at 8:22 am to CidCock
Another incredible run up for meme stocks. Wonder how long retail will hold up this time. Almost got to 20 last time, guessing somewhere under there.
Posted on 5/26/21 at 8:24 am to UltimaParadox
North of $18 pre market today is nice
Posted on 5/26/21 at 8:25 am to slackster
quote:
If everyone was hodling then you wouldn’t be able to pick up 200MM shares of AMC yesterday for sub $16.
Chinese Media Group, WANDA, sold off the majority of their interest in AMC late last week, dumping millions of shares into the market. Plus the hedgies are still selling artificial shares. There's plenty of shares to be had.
quote:
Wanda sold all but 10,000 shares in the past week, netting $426.7 million
Posted on 5/26/21 at 8:26 am to NoSaint
buying more when it dips
This post was edited on 5/26/21 at 8:27 am
Posted on 5/26/21 at 8:27 am to slackster
quote:
Within the year this is a $10 stock again. Bookmark it. Doesn’t mean I can easily make money on it.
You keep saying you don’t make short bets but there was a good stretch in $5-10. If you thought it was a $10 stock you had plenty of long side stability.
Is it still a bit to say give me a dollar and I will give you back a random bill from my wallet that could be $1 or a $100?
Posted on 5/26/21 at 8:30 am to Sasquatch2020
quote:
buying more when it dips
Think we get below $17 today?
I sold my few shares of GME at $210 yesterday, kicking myself on that one also.
Posted on 5/26/21 at 8:31 am to NoSaint
quote:
You keep saying you don’t make short bets but there was a good stretch in $5-10. If you thought it was a $10 stock you had plenty of long side stability.
Minus the fact that AMC issued 400M shares over the last year. The meme trade is literally keeping them from going bankruptPosted on 5/26/21 at 8:35 am to CidCock
i just bought at 17.80 - 10 more shares
remember I personally think this going beyond 1k so who cares about 17.80
remember I personally think this going beyond 1k so who cares about 17.80
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