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re: Holding AMC Thread- Diamond hands unite

Posted on 5/27/21 at 12:37 pm to
Posted by slackster
Houston
Member since Mar 2009
91362 posts
Posted on 5/27/21 at 12:37 pm to
quote:

If you had told me last year at this time I’d have over 65k in AMC stock I would have told you to seek Jesus



Nicely done.
Posted by Lsut81
Member since Jun 2005
83716 posts
Posted on 5/27/21 at 12:37 pm to
Not playing the diamond hands, bullshite of 1k a share, because that ain’t happening... But what is realistic with this squire and Kramer saying there are 20% of shares short right now?

GME level? 200-250 before the bottom crashes out?
Posted by slackster
Houston
Member since Mar 2009
91362 posts
Posted on 5/27/21 at 12:39 pm to
quote:

Not playing the diamond hands, bullshite of 1k a share, because that ain’t happening... But what is realistic with this squire and Kramer saying there are 20% of shares short right now?

GME level? 200-250 before the bottom crashes out?



Shorts can cover in 3 hours at these volume levels. That’s going to keep a lid on things Vs GME type numbers. The days to cover and short interest were a shite show for GME.

We’re getting 75% of the float trading every day all of a sudden.
Posted by slackster
Houston
Member since Mar 2009
91362 posts
Posted on 5/27/21 at 12:43 pm to
We’ll possibly get 100% of the float in volume today. That’s a potential out for the shorts if it keeps up.
Posted by Eric Nies Grind Time
Member since Sep 2012
25421 posts
Posted on 5/27/21 at 12:44 pm to
Just judging from sentiment on twitter it seems like people think it can hit 40.
Posted by AbitaFan08
Boston, MA
Member since Apr 2008
27902 posts
Posted on 5/27/21 at 12:46 pm to
quote:

Just judging from sentiment on twitter it seems like people think it can hit 40.


Just judging from sentiment on stocktwits it seems like people think it can hit 100k.

So basically, somewhere between 40 and 100k is the range.
Posted by Eric Nies Grind Time
Member since Sep 2012
25421 posts
Posted on 5/27/21 at 12:46 pm to


Yeah, I was trying to look at the more level headed accounts.
Posted by bass
Member since Oct 2016
4718 posts
Posted on 5/27/21 at 12:47 pm to
I’m trying to short the stock but tda won’t allow
This post was edited on 5/27/21 at 12:47 pm
Posted by slackster
Houston
Member since Mar 2009
91362 posts
Posted on 5/27/21 at 12:48 pm to
quote:

Just judging from sentiment on stocktwits it seems like people think it can hit 100k.


the 100k math is just a tad wonky.
Posted by AbitaFan08
Boston, MA
Member since Apr 2008
27902 posts
Posted on 5/27/21 at 12:49 pm to
I know, I'm making a joke.

However, already passed $27. This is crazy.
This post was edited on 5/27/21 at 12:50 pm
Posted by greygoose
Member since Aug 2013
14322 posts
Posted on 5/27/21 at 12:50 pm to
Trading has been halted! Gamma squeeze imminent!
Posted by slackster
Houston
Member since Mar 2009
91362 posts
Posted on 5/27/21 at 12:50 pm to
quote:

I’m trying to short the stock but tda won’t allow


The risk/reward of any type of traditional shorting or writing of calls is a terrible idea. Always was after the first squeeze. Buying puts, maybe, but the unlimited risk of the other options is dumb IMo.
Posted by Sasquatch2020
Member since Oct 2020
519 posts
Posted on 5/27/21 at 12:51 pm to
its not... its all prevalent on if apes never sell until the price gets to 100k
This post was edited on 5/27/21 at 12:52 pm
Posted by AbitaFan08
Boston, MA
Member since Apr 2008
27902 posts
Posted on 5/27/21 at 12:52 pm to
quote:

its all prevalent on if apes never sell until the price gets to 100k


predicated*
Posted by Sasquatch2020
Member since Oct 2020
519 posts
Posted on 5/27/21 at 12:53 pm to
quote:

AbitaFan08


i think books and movies will be written about this one day. Its extremely fascinating as I keep saying
Posted by Eric Nies Grind Time
Member since Sep 2012
25421 posts
Posted on 5/27/21 at 12:54 pm to
Unfortunately a lot of times the people that tell you to hold are going to be the first ones to sell.
Posted by Large Farva
New Orleans
Member since Jan 2013
8692 posts
Posted on 5/27/21 at 12:54 pm to
When was it halted?
Posted by AbitaFan08
Boston, MA
Member since Apr 2008
27902 posts
Posted on 5/27/21 at 12:54 pm to
I hope you're right. I don't necessarily think you are, but I would LOVE to have to come back here and eat crow if I'm wrong.
This post was edited on 5/27/21 at 12:55 pm
Posted by slackster
Houston
Member since Mar 2009
91362 posts
Posted on 5/27/21 at 12:55 pm to
quote:

its not... its all prevalent on if apes never sell until the price gets to 100k


It’s predicated on people not knowing how to multiply.
Posted by slackster
Houston
Member since Mar 2009
91362 posts
Posted on 5/27/21 at 12:57 pm to
quote:

Trading has been halted! Gamma squeeze imminent!


I don’t think it’s been halted yet.
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