re: Holding AMC Thread- Diamond hands unite

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Anything above 30 today is a W in my mind

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20% ROI in one day? Yeah, I don't mind that at all!

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Anything above 30 today is a W in my mind
20% ROI in one day? Yeah, I don't mind that at all!

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I know right? The effort made in this mental Dick measuring contest is completely pointless especially considering AMC keeps rising and making money. And if there’s no merit to any of the synthetic shares, why the effort for all the cloak and dagger? People are going out of their way to tell us how overvalued it is, yet it keeps making money.

That won’t last forever and when it ends it’s likely going to fall far short of “da moon”, but there’s enough craziness going on to at least make you think.

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And if there’s no merit to any of the synthetic shares, why the effort for all the cloak and dagger?

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What cloak and dagger stuff are you referencing?

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People are going out of their way to tell us how overvalued it is, yet it keeps making money.

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AMC themselves have basically told you the stock is overvalued. From the “Risks” section of their disclosure today:

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· our market capitalization, as implied by various trading prices, currently reflects valuations that diverge significantly from those seen prior to recent volatility and that are significantly higher than our market capitalization immediately prior to the COVID-19 pandemic, and to the extent these valuations reflect trading dynamics unrelated to our financial performance or prospects, purchasers of our Class A common stock could incur substantial losses if there are declines in market prices driven by a return to earlier valuations;

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It's borrowed more than once.

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So, in other words, A SYNTHETIC SHARE WAS CREATED? I don't know if you know this (probably not) but you aren't supposed to be able to borrow a share if it is already associated with a short position.

Keep making a fool of yourself. It's quite entertaining!

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So, in other words, A SYNTHETIC SHARE WAS CREATED? I don't know if you know this (probably not) but you aren't supposed to be able to borrow a share if it is already associated with a short position.

Keep making a fool of yourself. It's quite entertaining!

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But you still haven't answered my question. Are those tracked in the daily trading numbers you just referenced, or are they not? It's a yes or no question. And if the answer is yes, please help me understand what the point of your "share count" is. Also, keep in mind that all shorting of the stock is captured in the short % of float. So there's no mystery there.

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you are fairly uneducated

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This is rich, coming from you. Please tell me again how options are priced.

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But you still haven't answered my question. Are those tracked in the daily trading numbers you just referenced, or are they not? It's a yes or no question. And if the answer is yes, please help me understand what the point of your "share count" is.

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Look one post up from yours, goofball.

I really don't know how many times I have to explain it to you, because it's getting pretty obvious that you may not have the ability to comprehend, so I'm probably just wasting my time.

But here is goes anyway.

Utilization has been near 100% for AMC for many months now. There was not many shares to borrow to short. Citadel wanted to keep shorting the stock to drive the price down, so they routed a crap ton of trades thru dark pools, thereby creating a huge amount of synthetic shares. Their little plan didn't quite work out, and they are corner. A share count will expose this, resulting in shorts like Citadel having to purchase share to replace the synthetic ones they created. What happens when demand exceeds supply? Come on, you know the answer! And what happens if someone like Citadel is FORCED to purchase those shares, and retail owns 80% of them and collectively decides they don't want to sell a single share for say, less than $1000/share? That's right! Citadel has to buy at that price! Now, what if Citadel doesn't have that kind of money? They get liquidated, and the DTCC with their $63 Trillion make up the difference.

You see, this is exactly why we all saw the DTCC pass all these new rules governing institutions, in the last couple of months. They know that this is very likely, and do not ever want to be put in this situation again. Exactly why this is probably the last big short squeeze you will ever see. Everything is now changed, and a leash has been put on hedges.

Dark pool trades, to my understanding, are tracked in terms of number of shares traded, and reflected in the daily activity number once executed and reported. A dark pool simply allows for anonymity in the terms of who is trading them.

And any shares created through shorting of the stock would be known, as I said above, and reflected in the short % of float. So I still have no idea what your share count is doing. Maybe it's just me, but what you're suggesting does not appear to be at all accurate.

Lack of transparency in terms of WHO is trading them, until it's executed and reported.

I think it might be you who is confused. I'll add "dark pool" to the bingo card.

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A dark pool is a privately organized financial forum or exchange for trading securities. Dark pools allow institutional investors to trade without exposure until after the trade has been executed and reported. Dark pools are a type of alternative trading system (ATS) that give certain investors the opportunity to place large orders and make trades without publicly revealing their intentions during the search for a buyer or seller.

To avoid the transparency of public exchanges and ensure liquidity for large block trades, several of the investment banks established private exchanges, which came to be known as dark pools. For traders with large orders who are unable to place them on the public exchanges, or want to avoid telegraphing their intent, dark pools provide a market of buyers and sellers with the liquidity to execute the trade. In 2016, there were more than 50 dark pools operating in the United States, run mostly by investment banks.

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It's all tracked, reported, and rolled up. Check it out for yourself.

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AMC Dark Pool Trades Dark pool trades reported for AMC have accounted for 60% of the total volume today. Over the past 20 days, the average dark pool volume has been 54%. Total volume in the dark pool is 245.3 million. The VWAP price for only the dark pool trades is 30.90.

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what is a realistic price target on this stock ?

I bought at $2.32 last year. sold some the first time around @ $20. Still holding a nice chunk.