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re: Holding AMC Thread- Diamond hands unite

Posted on 6/2/21 at 12:01 pm to
Posted by Atttaboy
Atlanta, GA
Member since Aug 2014
349 posts
Posted on 6/2/21 at 12:01 pm to
I’m up 700% @ $58!
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
35838 posts
Posted on 6/2/21 at 12:02 pm to
quote:

I read that when we start getting halted that means the squeeze is here.


It COULD be due to a squeeze and shorts covering, but it doesn't automatically mean it is.
Posted by slackster
Houston
Member since Mar 2009
91342 posts
Posted on 6/2/21 at 12:10 pm to
quote:

I read that when we start getting halted that means the squeeze is here. Is that true?


Hard to say for sure but a halt on the way up is a sign the demand has outstripped supply. It was immediately followed by a halt on the way down indicating supply outstripped demand.

Any hedge fund getting out in front of a margin call would know not to simply blast a massive market order, so I wouldn’t say the halt on the way up is them covering, but it could be some forced buying from smaller players.

quote:

And slack, didn’t you say they could cover in a few hours?


With the available data we have, current reported short shares could be covered in 40 minutes of today’s volume. Shares on loan could be covered in right at an hour.
Posted by greygoose
Member since Aug 2013
14308 posts
Posted on 6/2/21 at 12:10 pm to
quote:

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

Ummmm.....you need to set your sights a bit higher. Try $100!
Posted by Atttaboy
Atlanta, GA
Member since Aug 2014
349 posts
Posted on 6/2/21 at 12:10 pm to
Just crossed 800% up at $66
Posted by slackster
Houston
Member since Mar 2009
91342 posts
Posted on 6/2/21 at 12:12 pm to
I’d rather have all of your gains, don’t get me wrong, but I’ve thoroughly enjoyed watching this entire saga so far.

Lots of people are going to make a lot of money. Lots are going to lose their arse. Either way, the sidelines have been something.
Posted by greygoose
Member since Aug 2013
14308 posts
Posted on 6/2/21 at 12:12 pm to
quote:

slackster

Have you been researching good tattoo artists in your area?
Posted by boogiewoogie1978
Little Rock
Member since Aug 2012
19415 posts
Posted on 6/2/21 at 12:12 pm to
WOW!
Posted by slackster
Houston
Member since Mar 2009
91342 posts
Posted on 6/2/21 at 12:14 pm to
quote:

Ummmm.....you need to set your sights a bit higher. Try $100!


Maybe so.

Today makes me think of that poor sap that bought GME at $483.
Posted by southpawcock
Member since Oct 2015
16994 posts
Posted on 6/2/21 at 12:14 pm to
When is AMC going to crash is my question?
Posted by Atttaboy
Atlanta, GA
Member since Aug 2014
349 posts
Posted on 6/2/21 at 12:14 pm to
Up 900% @ $72.50. I bought in at $7.25/share
Posted by southpawcock
Member since Oct 2015
16994 posts
Posted on 6/2/21 at 12:15 pm to
If I didn't have $300 tied up in Doge two weeks ago I would've bought AMC at around $12.55.
Posted by demtigers73
Member since Aug 2014
5973 posts
Posted on 6/2/21 at 12:15 pm to
quote:

slackster

Have you been researching good tattoo artists in your area?


Posted by slackster
Houston
Member since Mar 2009
91342 posts
Posted on 6/2/21 at 12:16 pm to
quote:

Have you been researching good tattoo artists in your area?


I honestly feel as good about that $10k price bet today as I did when I made it. Another 140x growth from here feels pretty safe.
Posted by greygoose
Member since Aug 2013
14308 posts
Posted on 6/2/21 at 12:16 pm to
quote:

Maybe so.

Today makes me think of that poor sap that bought GME at $483.



Seriously, you seem like a decent guy, do you still really thing the true amount of outstanding shares is 500 million? Especially considering the volume the last week?
Posted by cdaniel76
Ponchatoula
Member since Feb 2008
19771 posts
Posted on 6/2/21 at 12:17 pm to
I'm up 565%
Posted by slackster
Houston
Member since Mar 2009
91342 posts
Posted on 6/2/21 at 12:17 pm to
quote:

When is AMC going to crash is my question?


Define crash?
Posted by southpawcock
Member since Oct 2015
16994 posts
Posted on 6/2/21 at 12:18 pm to
Since I'm always late to everything.. below $30.
Posted by CajunTiger78
Member since Aug 2017
2879 posts
Posted on 6/2/21 at 12:18 pm to
What was the figure on that bet again?
Posted by greygoose
Member since Aug 2013
14308 posts
Posted on 6/2/21 at 12:19 pm to
quote:

What was the figure on that bet again?
AMC would not reach $10K/share.
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