Started By
Message

re: Holding AMC Thread- Diamond hands unite

Posted on 6/2/21 at 12:21 pm to
Posted by cdaniel76
Ponchatoula
Member since Feb 2008
19771 posts
Posted on 6/2/21 at 12:21 pm to
120 shares at $10.29 about 2 months ago.
Posted by slackster
Houston
Member since Mar 2009
91342 posts
Posted on 6/2/21 at 12:22 pm to
quote:

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?



I think the amount of outstanding shares are 500 million, yes, and I think that simply because of the definition of outstanding shares. They are what they are. Market makers can’t change that. I’m not trying to be a smart arse, I’m simply sticking to the meaning of the term outstanding shares.

To your point though - are there “synthetic” shares too? Yes, probably, but I believe the total numbers are far closer to 500MM than 1,000MM, for example.
Posted by greygoose
Member since Aug 2013
14308 posts
Posted on 6/2/21 at 12:22 pm to
Halted again.
Posted by Lsut81
Member since Jun 2005
83713 posts
Posted on 6/2/21 at 12:24 pm to
Are the halts an effort to manipulate this thing?
Posted by Large Farva
New Orleans
Member since Jan 2013
8691 posts
Posted on 6/2/21 at 12:24 pm to
No. It’s protection

First halt was from going up
Second going down
Third going down
This post was edited on 6/2/21 at 12:26 pm
Posted by slackster
Houston
Member since Mar 2009
91342 posts
Posted on 6/2/21 at 12:25 pm to
quote:

Halted again.


The good kind of halt for you longs.

Trading will resume at 12:27:15ish CST
Posted by Shankopotomus
Social Distanced
Member since Feb 2009
21079 posts
Posted on 6/2/21 at 12:25 pm to
congrats to you AMC boys

I am on a small position on BB - think y'all are going to help that out eventually
Posted by greygoose
Member since Aug 2013
14308 posts
Posted on 6/2/21 at 12:26 pm to
quote:

To your point though - are there “synthetic” shares too? Yes, probably, but I believe the total numbers are far closer to 500MM than 1,000MM, for example.


Some very smart people are saying there may be 1.5-2 billion synthetic shares.
Posted by slackster
Houston
Member since Mar 2009
91342 posts
Posted on 6/2/21 at 12:26 pm to
quote:

AMC would not reach $10K/share.


Ballsy, I know.
Posted by AA7
Birmingham, AL
Member since Nov 2009
28447 posts
Posted on 6/2/21 at 12:26 pm to
quote:

Are the halts an effort to manipulate this thing?

They're standard any time a stock has quick, large movement up or down
Posted by greygoose
Member since Aug 2013
14308 posts
Posted on 6/2/21 at 12:27 pm to
quote:

The good kind of halt for you longs.

Trading will resume at 12:27:15ish CST
Yep, and correct me if I'm wrong, but doesn't that mean that SSR is now kicked in for the rest of today and tomorrow?
Posted by slackster
Houston
Member since Mar 2009
91342 posts
Posted on 6/2/21 at 12:27 pm to
quote:

Some very smart people are saying there may be 1.5-2 billion synthetic shares.


I don’t see any way that’s possible, and if the hedges get caught with that given what they already saw retail do with GME and AMC in January, they’re dumber than I can possibly imagine.
Posted by cdaniel76
Ponchatoula
Member since Feb 2008
19771 posts
Posted on 6/2/21 at 12:27 pm to
quote:

but doesn't that mean that SSR is now kicked in for the rest of today and tomorrow


What's SSR?
Posted by NOLAGT
Over there
Member since Dec 2012
13957 posts
Posted on 6/2/21 at 12:28 pm to
quote:

SSR


?
Posted by cdaniel76
Ponchatoula
Member since Feb 2008
19771 posts
Posted on 6/2/21 at 12:29 pm to
I looked it up.

Short Sale Rule

Means shares can't be shorted while price is dropping. Only while rising.
Posted by greygoose
Member since Aug 2013
14308 posts
Posted on 6/2/21 at 12:30 pm to
quote:

I don’t see any way that’s possible, and if the hedges get caught with that given what they already saw retail do with GME and AMC in January, they’re dumber than I can possibly imagine.


Greed and hubris are a deadly combination. I would not put that past them, especially considering the shady stuff they've gotten away with in the past. We all know that Robinhood thing was not on the up and up. No one could prove it, though.
Posted by greygoose
Member since Aug 2013
14308 posts
Posted on 6/2/21 at 12:31 pm to
quote:

I looked it up.

Short Sale Rule

Means shares can't be shorted while price is dropping. Only while rising.

Puts limits on institutions trying to drive the price down by shorting it.
Posted by greygoose
Member since Aug 2013
14308 posts
Posted on 6/2/21 at 12:32 pm to
About to get halted again. This time on the way up.
Posted by boogiewoogie1978
Little Rock
Member since Aug 2012
19415 posts
Posted on 6/2/21 at 12:33 pm to
quote:

Some very smart people are saying there may be 1.5-2 billion synthetic shares.


If this is true then the hedge funds won't be able to pay that much. They would just go out of business and some retail will be left holding big bags.

Just like 2008
Posted by Sasquatch2020
Member since Oct 2020
519 posts
Posted on 6/2/21 at 12:35 pm to
Selling now is crazy. It hasn’t started yet.
Jump to page
Page First 153 154 155 156 157 ... 276
Jump to page
first pageprev pagePage 155 of 276Next pagelast page

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on X, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookXInstagram