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re: Holding AMC Thread- Diamond hands unite

Posted on 6/2/21 at 9:26 am to
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
35841 posts
Posted on 6/2/21 at 9:26 am to
Grab a screenshot when you sell
Posted by CajunTiger78
Member since Aug 2017
2879 posts
Posted on 6/2/21 at 9:28 am to
Gonna be awhile but you got it.
Posted by Yak
DuPage County
Member since May 2014
4672 posts
Posted on 6/2/21 at 9:28 am to
Man, this tread is just as entertaining as the AT threads

Keep it up guys
Posted by ShootingsBricks4Life
Member since May 2017
2601 posts
Posted on 6/2/21 at 9:28 am to
I've been enjoying the rise in this stock.

I have not enjoyed watching both sides in here move goal posts constantly.
Posted by slackster
Houston
Member since Mar 2009
91345 posts
Posted on 6/2/21 at 9:34 am to
quote:

BTW I'm up in the 6 digit range, what about you?


I’m not.

Serious question- do you plan to sell in chunks, all at once, etc? I’m always fascinated by the thought process in these situations. Obviously I’m not long, so I struggle to envision think the same way as someone who is.
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
35841 posts
Posted on 6/2/21 at 9:36 am to
I'd do what I do in blackjack...when I've played for a while and I'm up I pull back my original bet. And as I keep winning I pull back and put in my pocket more and more. Those chips never come back out.
Posted by CajunTiger78
Member since Aug 2017
2879 posts
Posted on 6/2/21 at 9:37 am to
quote:

I’m not.

Serious question- do you plan to sell in chunks, all at once, etc? I’m always fascinated by the thought process in these situations. Obviously I’m not long, so I struggle to envision think the same way as someone who is.


Serious answer: It's a very dynamic situation. I have multiple scenarios and will adjust fire as needed.
Posted by slackster
Houston
Member since Mar 2009
91345 posts
Posted on 6/2/21 at 9:38 am to
quote:

Those chips never come back out.


History of these plays suggests most aren’t as disciplined. Many make money on their original investment, but the buying on the way up and/or trying to catch a bounce often cuts into those original profits.
Posted by MusclesofBrussels
Member since Dec 2015
4937 posts
Posted on 6/2/21 at 9:39 am to
quote:

I'm on record with my thoughts of you as a liar and only capable of regurgitating (poorly, at that) what you read on reddit.


Earlier in this thread someone had to explain to him what PT means in regards to trading
Posted by slackster
Houston
Member since Mar 2009
91345 posts
Posted on 6/2/21 at 9:40 am to
quote:

Serious answer: It's a very dynamic situation. I have multiple scenarios and will adjust fire as needed.




Any trailing stops or what not? Given the volatility I’d hope people aren’t expecting a slow and steady exit if/when it begins.
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
35841 posts
Posted on 6/2/21 at 9:41 am to
I think you have me confused with someone else.

Earlier in this thread greygoose said the market was closed on 6/1.
Posted by MusclesofBrussels
Member since Dec 2015
4937 posts
Posted on 6/2/21 at 9:43 am to
quote:

I think you have me confused with someone else.


I was talking about greygoose, not you. He's a highly experienced trader parroting reddit talking points which are full of misinformation while having no idea what a price target is.
Posted by slackster
Houston
Member since Mar 2009
91345 posts
Posted on 6/2/21 at 9:44 am to
quote:

Check out the June 18th $73 calls.

I'll have to go back and find it, but I pointed out the June 18th $40 calls last week, or so, and received some ridicule. Hmmmm......


You caught flak because you don’t provide any actual context. You don’t know who owns the calls either. You just drop the open interest information.
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
35841 posts
Posted on 6/2/21 at 9:52 am to
quote:

I was talking about greygoose, not you. He's a highly experienced trader parroting reddit talking points which are full of misinformation while having no idea what a price target is.


Ah, that makes sense. There are dozens of those examples in this thread. Which is why I cautioned that people should not be taking their investment advice from him. QWH was awesome. I'm going to use the acronym from now on.
This post was edited on 6/2/21 at 9:54 am
Posted by greygoose
Member since Aug 2013
14308 posts
Posted on 6/2/21 at 10:01 am to
quote:

Earlier in this thread greygoose said the market was closed on 6/1.

I got the dates wrong in my head. Holidays screw up a timeline sometimes. Thanks for pointing out my mistake.

How's your $7.50 puts doing? Bought any more?
Posted by greygoose
Member since Aug 2013
14308 posts
Posted on 6/2/21 at 10:06 am to
quote:

You caught flak because you don’t provide any actual context. You don’t know who owns the calls either. You just drop the open interest information.

You are missing the point, dullard. Grab a dictionary and look up "sentiment". There is a market for those calls, regardless of who is buying. Just one piece of a very large puzzle. You keep harping on the massive volume, but totally discard the notion of massive synthetic shares being traded. Assume they don't exist, how in the Hell is every outstanding share being traded multiple days in a row? Everyone is a day trader? No one is holding?
Posted by Upperdecker
St. George, LA
Member since Nov 2014
32742 posts
Posted on 6/2/21 at 10:08 am to
quote:

Good luck with your PINS and ROKU stock recovery.

Think you have cgrand and me mixed up there
Posted by greygoose
Member since Aug 2013
14308 posts
Posted on 6/2/21 at 10:23 am to
quote:

MusclesofBrussels

Buckle up, Buttercup! Lift off is imminent!
Posted by greygoose
Member since Aug 2013
14308 posts
Posted on 6/2/21 at 10:26 am to
Updated borrow fee and available shares!

[/img]
Posted by CidCock
Member since Sep 2007
Member since Feb 2011
8689 posts
Posted on 6/2/21 at 10:28 am to
quote:

greygoose


I'm starting to get nervous. I've been buying on the way up, average cost now at $15, with 200 shares. Up over $5k, which is pretty significant for me.
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