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re: Holding AMC Thread- Diamond hands unite

Posted on 5/27/21 at 9:12 am to
Posted by Lsut81
Member since Jun 2005
83716 posts
Posted on 5/27/21 at 9:12 am to
Cray cray...

This from Kramer

quote:

Both GameStop and AMC have over 20% of their float shares sold short, according to data from S3 Partners. That’s compared with an average of 5% short interest in a typical U.S. stock. “I’ve never seen anything like this: a group of buyers with no sensitivity to price,” Cramer said. “These people don’t have unlimited firepower, but they’ve got enough firepower to engineer a short-squeeze any time a bunch of professionals decide to bet against this thing.”
Posted by UltimaParadox
North Carolina
Member since Nov 2008
51544 posts
Posted on 5/27/21 at 9:13 am to
quote:

ETA: AMC now a $10B company


Haven't looked, got to be the peak?
Posted by slackster
Houston
Member since Mar 2009
91362 posts
Posted on 5/27/21 at 9:22 am to
quote:

Haven't looked, got to be the peak?


Yeah absolutely. $21B enterprise value now - 4x what they were in 2018.
Posted by Lsut81
Member since Jun 2005
83716 posts
Posted on 5/27/21 at 9:28 am to
Well, there goes $22, how high does it go today?

I’ve already set a Sell Stop should it crater at any point... let it ride. Of course, mine is nothing compared to what some have, just a little junk money.
Posted by slackster
Houston
Member since Mar 2009
91362 posts
Posted on 5/27/21 at 9:31 am to
quote:

Well, there goes $22, how high does it go today?


It’s full on FOMO this week. 138MM shares again already. No telling where it stops.
Posted by UltimaParadox
North Carolina
Member since Nov 2008
51544 posts
Posted on 5/27/21 at 9:34 am to
quote:

$21B enterprise value now - 4x what they were in 2018.


Valued like tech now...

1. High Valuation... Check
2. No Profits... Check
3. Increasing Revenues... Ah... well maybe not

Posted by Sasquatch2020
Member since Oct 2020
519 posts
Posted on 5/27/21 at 9:39 am to
These apes getting excited has me worried. This aint shite.
Posted by AbitaFan08
Boston, MA
Member since Apr 2008
27902 posts
Posted on 5/27/21 at 9:43 am to
What a wild morning. Woke up to see PM down 1.40 at one point, now up 2.76.

I thought "man breaking $20 today would be awesome" and that came and went in minutes.
Posted by Sasquatch2020
Member since Oct 2020
519 posts
Posted on 5/27/21 at 9:59 am to
its cool to see no doubt. But seeing 30K a share will be a feeling that might not be matched other than kids birth, etc

i have one kid and nothing will top that experience I dont think. This could be up there though
This post was edited on 5/27/21 at 10:00 am
Posted by UltimaParadox
North Carolina
Member since Nov 2008
51544 posts
Posted on 5/27/21 at 10:03 am to
quote:

But seeing 30K a share will be a feeling that might not be matched other than kids birth, etc




Normally I would think this was just being sarcastic... but come on man
Posted by AUHighPlainsDrifter
South Carolina
Member since Sep 2017
3216 posts
Posted on 5/27/21 at 10:03 am to
Well the rest of you apes can count me out. I'm selling if it hits $20K/share.
Posted by NoSaint
Member since Jun 2011
12469 posts
Posted on 5/27/21 at 10:04 am to
BAM keeps pointing at $32 as the next barrier to bust. Will be interesting to see if that proves accurate.
Posted by AbitaFan08
Boston, MA
Member since Apr 2008
27902 posts
Posted on 5/27/21 at 10:06 am to
Yeah that ain't happening.

Would love to be wrong though.
Posted by MusclesofBrussels
Member since Dec 2015
4937 posts
Posted on 5/27/21 at 10:07 am to
quote:

But seeing 30K a share will be a feeling that might not be matched other than kids birth, etc

i have one kid and nothing will top that experience I dont think. This could be up there though


Posted by Sasquatch2020
Member since Oct 2020
519 posts
Posted on 5/27/21 at 10:10 am to
20-30K and slack gets a tattoo

Posted by AbitaFan08
Boston, MA
Member since Apr 2008
27902 posts
Posted on 5/27/21 at 10:10 am to
If this hits 20-30k I'LL get a fricking tattoo.
Posted by EveryoneGetsATrophy
Member since Nov 2017
2907 posts
Posted on 5/27/21 at 10:16 am to
quote:

If this hits 20-30k I'LL get a fricking tattoo.


I'll get a Tattoo of you.
Posted by Sasquatch2020
Member since Oct 2020
519 posts
Posted on 5/27/21 at 10:17 am to
it all depends if apes are really apes. People can laugh all they want but the math is there whether you choose to believe it. I firmly believe the mentality will be strong and hold for the MOASS!

This post was edited on 5/27/21 at 10:17 am
Posted by AUHighPlainsDrifter
South Carolina
Member since Sep 2017
3216 posts
Posted on 5/27/21 at 10:30 am to
quote:

I'll get a Tattoo of you.


I'll get a tattoo of Tattoo!
This post was edited on 5/27/21 at 10:46 am
Posted by Sasquatch2020
Member since Oct 2020
519 posts
Posted on 5/27/21 at 10:31 am to
So about this mentality that I keep referring too... dont get a tattoo (expect slackster) but help others. Do something good with your new wealth if the MOASS does happen. This is the message that constantly is being posted. Hold for the person that can only afford 5-10 shares. Once you get your life changing money, pay it forward to make the community better.

i can dig it!

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