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re: Holding AMC Thread- Diamond hands unite

Posted on 6/2/21 at 11:38 am to
Posted by AUHighPlainsDrifter
South Carolina
Member since Sep 2017
3215 posts
Posted on 6/2/21 at 11:38 am to
quote:

I’m not in the stock or the options, but I’m genuinely happy for the fellows who are. My guess is, some people are green with envy and feel the need to pee on those who caught this wave.


Exactly...and it's a big reason why most of the folks on Pennyland don't visit this board much any longer.
Posted by NOLAGT
Over there
Member since Dec 2012
13957 posts
Posted on 6/2/21 at 11:39 am to
quote:

Don't let these price shifts scare you. It will swing wildly for a while.



This is simply a loto ticket for me so im not too worried about the flux at this point. I have been looking at these kinds of threads on here that are months long seeing where it started and where it was. I decided to jump on this one...but I had been looking at it when it was in the $5 range....sorta sad I waited this long
This post was edited on 6/2/21 at 11:40 am
Posted by AA7
Birmingham, AL
Member since Nov 2009
28447 posts
Posted on 6/2/21 at 11:39 am to
Steadily climbing back up after the second halt. Will likely get halted a third time. Hopefully people don't freak out on this one.
Posted by DJ3K
Member since Dec 2011
7377 posts
Posted on 6/2/21 at 11:40 am to
Y all think it could get to 60+ by days end?
Posted by UltimaParadox
North Carolina
Member since Nov 2008
51477 posts
Posted on 6/2/21 at 11:40 am to
quote:

What does halting mean if we haven’t sold??

And tell me like I’m 5 years old


Circuit breakers are normal for wild swings, this is all automatic.

Investopedia on circuit breakers
Posted by NOLAGT
Over there
Member since Dec 2012
13957 posts
Posted on 6/2/21 at 11:40 am to
quote:

Y all think it could get to 60+ by days end?


If they would stop halting it
Posted by tehmidget
Prairieville, LA
Member since May 2004
1249 posts
Posted on 6/2/21 at 11:40 am to
Prob by lunch
Posted by slackster
Houston
Member since Mar 2009
91342 posts
Posted on 6/2/21 at 11:41 am to
quote:

Yep! Surprised they let it run that long, to be honest.


The halts work in both directions and they’re based on rapid movement over a short period of time. I guess they theoretically could be manipulated by market makers moving the price, but they’re not arbitrary. It’s a pretty straightforward process that halts a stock one way or the other. Just FYI for those on this rollercoaster.

We might see 800MM+ shares traded today at this rate.
Posted by TigerDeBaiter
Member since Dec 2010
10664 posts
Posted on 6/2/21 at 11:41 am to
quote:

This is nuts man. I jumped on the train at $57..


Posted by slackster
Houston
Member since Mar 2009
91342 posts
Posted on 6/2/21 at 11:43 am to
quote:

Why does TDA show the high as 51 if it ran to 60 and dropped back down?


May not automatically update the daily/yearly range as quickly as the stock is moving.
Posted by slackster
Houston
Member since Mar 2009
91342 posts
Posted on 6/2/21 at 11:44 am to
quote:

659%


Very nice. I assume you’ve bought and held? Greygoose and others are buying on the way up too.
This post was edited on 6/2/21 at 11:47 am
Posted by UltimaParadox
North Carolina
Member since Nov 2008
51477 posts
Posted on 6/2/21 at 11:44 am to
AMC market cap passed GME....

Lot different way to get there, but they sure got the volume
Posted by slackster
Houston
Member since Mar 2009
91342 posts
Posted on 6/2/21 at 11:46 am to
The Yahoo Finance share showing support at $4.07/shr and resistance at $36.72 while the stock is at $57 is cracking me up. Tools/models just aren’t built for these things.
Posted by Large Farva
New Orleans
Member since Jan 2013
8691 posts
Posted on 6/2/21 at 11:48 am to
I’m up 450% now lets rideeee
Posted by greygoose
Member since Aug 2013
14308 posts
Posted on 6/2/21 at 11:50 am to
quote:

I’m up 450% now lets rideeee

Still lunch time on the East coast. This afternoon should be fun! Afterhours is what I'm waiting to see!
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
35838 posts
Posted on 6/2/21 at 11:52 am to
quote:

AMC market cap passed GME....

Lot different way to get there, but they sure got the volume


Holy shite
Posted by PennyPacker
Where things are bigger and better
Member since Jan 2010
1063 posts
Posted on 6/2/21 at 11:53 am to
quote:

While it halted, let's all post our percent gain to date.


579%
Posted by slackster
Houston
Member since Mar 2009
91342 posts
Posted on 6/2/21 at 11:55 am to
quote:

If they would stop halting it


It’s basically going to get halted with any 10% moves that happen in 30 seconds or so.
Posted by ItNeverRains
Offugeaux
Member since Oct 2007
28166 posts
Posted on 6/2/21 at 11:59 am to
Just over 408%
Posted by Large Farva
New Orleans
Member since Jan 2013
8691 posts
Posted on 6/2/21 at 12:00 pm to
I read that when we start getting halted that means the squeeze is here. Is that true? And slack, didn’t you say they could cover in a few hours?
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