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re: Holding AMC Thread- Diamond hands unite

Posted on 6/2/21 at 2:13 pm to
Posted by CajunTiger78
Member since Aug 2017
2879 posts
Posted on 6/2/21 at 2:13 pm to
Was speaking to my Dad yesterday (he retired in 2018) and peaked his interest. He pitched in $5K this morning is already up about $3K! :)
Posted by CajunTiger78
Member since Aug 2017
2879 posts
Posted on 6/2/21 at 2:14 pm to
Power hour is upon us! I see this closing above $70 today
Posted by Sasquatch2020
Member since Oct 2020
519 posts
Posted on 6/2/21 at 2:15 pm to
maybe 80 the way its climbing
Posted by greygoose
Member since Aug 2013
14307 posts
Posted on 6/2/21 at 2:18 pm to
quote:

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

It's called "liquidated", and DTCC insures that retail would be paid. Otherwise, faith in the market would be toast.
Posted by Civildawg
Member since May 2012
10234 posts
Posted on 6/2/21 at 2:19 pm to
Who’s holding overnight?
Posted by greygoose
Member since Aug 2013
14307 posts
Posted on 6/2/21 at 2:22 pm to
quote:

so you were saying some person you follow who has been pretty correct with this PTs has this at 280 by friday afternoon?
80-100 is coming shortly
JG Salvodi. He's been dead on target with a bunch of predictions, not just AMC.
Posted by ItNeverRains
Offugeaux
Member since Oct 2007
28166 posts
Posted on 6/2/21 at 2:23 pm to
quote:

It's called "liquidated", and DTCC insures that retail would be paid. Otherwise, faith in the market would be toast.


Only up to 63T though.
Posted by greygoose
Member since Aug 2013
14307 posts
Posted on 6/2/21 at 2:24 pm to
quote:

Who’s holding overnight?

Your kidding, right? This is just the very beginning. The short squeeze hasn't happened yet, and when it does, this day will look like peanuts. Remember last week when people were ecstatic about $20/share?
Posted by greygoose
Member since Aug 2013
14307 posts
Posted on 6/2/21 at 2:26 pm to
quote:

Only up to 63T though.

Does that mean Slacker is off the hook for the tattoo?
Posted by Sasquatch2020
Member since Oct 2020
519 posts
Posted on 6/2/21 at 2:26 pm to
quote:

Who’s holding overnight?


why would you sell? Do you but the switch to turn on the rocketship has even been flipped.
Posted by Sasquatch2020
Member since Oct 2020
519 posts
Posted on 6/2/21 at 2:27 pm to
quote:

Does that mean Slacker is off the hook for the tattoo?


30K
Posted by oVo
Member since Dec 2013
11983 posts
Posted on 6/2/21 at 2:27 pm to
quote:

Who’s holding overnight?

Anyone who sells is a fricking pussy and can meet me at Sonic to feel these diamond hands.
Posted by MrJimBeam
Member since Apr 2009
12963 posts
Posted on 6/2/21 at 2:28 pm to
quote:

Anyone who sells is a fricking pussy and can meet me at Sonic to feel these diamond hands.



ok tough guy
Posted by Sasquatch2020
Member since Oct 2020
519 posts
Posted on 6/2/21 at 2:28 pm to
i just told some friends that its fun to watch but i might have a heart attack when we doing this when it hits 4 digits and 5 digits.
Posted by ItNeverRains
Offugeaux
Member since Oct 2007
28166 posts
Posted on 6/2/21 at 2:28 pm to
quote:

Does that mean Slacker is off the hook for the tattoo?


Not even close.
Posted by Sasquatch2020
Member since Oct 2020
519 posts
Posted on 6/2/21 at 2:32 pm to
crazy seeing Ortex's posts

they are so fricked
Posted by Lsut81
Member since Jun 2005
83713 posts
Posted on 6/2/21 at 2:35 pm to
once this closes, can we expect a massive run up like the last few nights as brokers try to exit positions?
Posted by MusclesofBrussels
Member since Dec 2015
4937 posts
Posted on 6/2/21 at 2:42 pm to
quote:

when it hits 4 digits and 5 digits.


Posted by MEANGREEN65
Funkytown, TX
Member since Oct 2014
777 posts
Posted on 6/2/21 at 2:43 pm to
I bought at 12.85 several months ago when GameStop was initially running. I’ve held on and wasn’t even aware it was up as high as it is.

Do we have reason to think we’re going over $100 and will keep climbing?

Sorry... I am new to this!
Posted by ItNeverRains
Offugeaux
Member since Oct 2007
28166 posts
Posted on 6/2/21 at 2:51 pm to
quote:

quote:
I can't put a date on it, but I can see how it could easily hit $100.


How do you imagine that playing out? Due to a squeeze or due to the true valuation of the company?

Eta - AMC has been stuck in a long term down trend well before the pandemic. I’d be interested in hearing your path of how it would get to $100 with so many more shares now on the books.


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