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re: Holding AMC Thread- Diamond hands unite

Posted on 5/27/21 at 12:58 pm to
Posted by bass
Member since Oct 2016
4718 posts
Posted on 5/27/21 at 12:58 pm to
quote:

unlimited risk

Nah man, I always cover with more than enough calls to still make money on the way up. Just like the hedges do that are “losing” money.
Posted by Sasquatch2020
Member since Oct 2020
519 posts
Posted on 5/27/21 at 12:59 pm to
well if this was any other stock that i own, i would be so damn pumped but because I think we get it over 10K and more, I really am not that excited yet.

$AMC 100K
Posted by Lsut81
Member since Jun 2005
83716 posts
Posted on 5/27/21 at 1:00 pm to
Why would trading be halted? Still going for me


And if it is, what happens coming out of that? More buy or you think a dump?
Posted by slackster
Houston
Member since Mar 2009
91362 posts
Posted on 5/27/21 at 1:01 pm to
Tomorrow is going to be interesting. Greygoose pointed out Fridays have been tough since many don’t like holding over the weekend. Flip side is the stock has skyrocketed and the publicity over the weekend may help the cause.
Posted by slackster
Houston
Member since Mar 2009
91362 posts
Posted on 5/27/21 at 1:03 pm to
quote:

And if it is, what happens coming out of that? More buy or you think a dump?


If it does get halted I wouldn’t be surprised if people panic a little and recall the mess that the first squeeze was.

The last 5 minutes are the first weakness we’ve seen all day.
Posted by greygoose
Member since Aug 2013
14322 posts
Posted on 5/27/21 at 1:04 pm to
quote:

I don’t think it’s been halted yet.

It was.

Probably will be again before the bell.
Posted by slackster
Houston
Member since Mar 2009
91362 posts
Posted on 5/27/21 at 1:04 pm to
Down $3 in 5 minutes.
Posted by slackster
Houston
Member since Mar 2009
91362 posts
Posted on 5/27/21 at 1:06 pm to
quote:

It was.


I’m pretty positive it wasn’t halted by the NUSE.
Posted by bass
Member since Oct 2016
4718 posts
Posted on 5/27/21 at 1:06 pm to
Just sold all my calls for a nice bird in hand.
Posted by greygoose
Member since Aug 2013
14322 posts
Posted on 5/27/21 at 1:07 pm to
quote:

Down $3 in 5 minutes.
Dip before the rip!
Posted by slackster
Houston
Member since Mar 2009
91362 posts
Posted on 5/27/21 at 1:09 pm to
quote:

greygoose


Crazy day today but these volumes have to give you some pause as to what the ultimate cap on the squeeze could be. Clearly people are selling plenty of shares. Even if short interest is 2x what’s been reported, the days to cover would be like .5.
Posted by greygoose
Member since Aug 2013
14322 posts
Posted on 5/27/21 at 1:12 pm to
quote:

Crazy day today but these volumes have to give you some pause as to what the ultimate cap on the squeeze could be. Clearly people are selling plenty of shares. Even if short interest is 2x what’s been reported, the days to cover would be like .5.
Oh ye of little faith!!

LINK
Posted by Lsut81
Member since Jun 2005
83716 posts
Posted on 5/27/21 at 1:13 pm to
It’s CNBC breaking news now... BOA says that AMC is now more loved than GameStop on reddit.


Short sellers have lost 1 billion this week.
Posted by AbitaFan08
Boston, MA
Member since Apr 2008
27902 posts
Posted on 5/27/21 at 1:14 pm to
Wow it's plummeting now.
Posted by slackster
Houston
Member since Mar 2009
91362 posts
Posted on 5/27/21 at 1:17 pm to
quote:

Oh ye of little faith!!


Thanks for proving my point? Ortex data clearly shows shorts could cover in 2 hours.
Posted by MusclesofBrussels
Member since Dec 2015
4937 posts
Posted on 5/27/21 at 1:17 pm to
quote:

Thanks for proving my point? Ortex data clearly shows shorts could cover in 2 hours.




That data is a lie and doesn't take into account the fake shares
Posted by greygoose
Member since Aug 2013
14322 posts
Posted on 5/27/21 at 1:17 pm to
quote:

I’m pretty positive it wasn’t halted by the NUSE.

TDA can't handle the traffic, apparently. I'm having to refresh the page, just to get the current price now. Level II is frozen, no live updates as price changes.
Posted by slackster
Houston
Member since Mar 2009
91362 posts
Posted on 5/27/21 at 1:19 pm to
quote:

TDA can't handle the traffic, apparently.


Gotcha. Yeah it’s been a wild day. We might see 650MM shares trade today.
Posted by LittleJerrySeinfield
350,000 Post Karma
Member since Aug 2013
10367 posts
Posted on 5/27/21 at 1:21 pm to
quote:

Thanks for proving my point? Ortex data clearly shows shorts could cover in 2 hours.


DTC (Days To Cover) is currently 1.46
Posted by NoSaint
Member since Jun 2011
12469 posts
Posted on 5/27/21 at 1:26 pm to
quote:

Crazy day today but these volumes have to give you some pause as to what the ultimate cap on the squeeze could be. Clearly people are selling plenty of shares. Even if short interest is 2x what’s been reported, the days to cover would be like .5.


I mean, We are talking being up like 5x to nearly 6x already. Even if it stalls, I think you are being a little stubborn in insisting on being a Debbie downer.

Goose is seeing the big jump, I say sit back and enjoy the show, no?
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