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re: Holding AMC Thread- Diamond hands unite

Posted on 6/2/21 at 3:38 pm to
Posted by GeorgeTheGreek
Sparta, Greece
Member since Mar 2008
67989 posts
Posted on 6/2/21 at 3:38 pm to
Alright you wizards, what's the next stock that's going to do this?
Posted by Sasquatch2020
Member since Oct 2020
519 posts
Posted on 6/2/21 at 3:39 pm to
there are more plays out there from what I understand but nothing will be of this magnitude like AMC. This is a once in lifetime money play.
Posted by oVo
Member since Dec 2013
11983 posts
Posted on 6/2/21 at 3:43 pm to
$DNUT
Posted by Mizzoufan26
Vacaville CA
Member since Sep 2012
18834 posts
Posted on 6/2/21 at 3:45 pm to
quote:


there are more plays out there from what I understand but nothing will be of this magnitude like AMC. This is a once in lifetime money play.




Uh... just like GME a few weeks ago would be once in a lifetime? Or GLSI a few months before that? Weird bro
Posted by AUHighPlainsDrifter
South Carolina
Member since Sep 2017
3180 posts
Posted on 6/2/21 at 3:45 pm to
quote:

This is a once in lifetime money play.


I don't know about that. GME let the cat out of the bag. The more publicity these things get, the more likely they are to happen again.
Posted by greygoose
Member since Aug 2013
12859 posts
Posted on 6/2/21 at 3:56 pm to
quote:

there are more plays out there from what I understand but nothing will be of this magnitude like AMC. This is a once in lifetime money play.
The Squatch is correct, again. The rules have changed so dramatically for institutions, so that this is extremely unlikely to happen again. Too many restrictions in place to allow them to get this much upside down. Too put it mildly, if they go after another stock like they did AMC and GME, they would have their punk card pulled pretty quickly.
Posted by Zappas Stache
Utility Muffin Research Kitchen
Member since Apr 2009
41066 posts
Posted on 6/2/21 at 4:01 pm to
quote:

what's the next stock that's going to do this?


Well, TLRY and BB may be good ones but who knows if they will be this good. They aren't shorted as much as AMC and GME.
Posted by ellishughtiger
70118
Member since Jul 2004
21135 posts
Posted on 6/2/21 at 4:03 pm to
quote:

Alright you wizards, what's the next stock that's going to do this?


Clov?
Posted by Sasquatch2020
Member since Oct 2020
519 posts
Posted on 6/2/21 at 4:04 pm to
its good to know at the very least 280K followers on Stocktwits AMC page know to hold this MF way past 1000 and 10K. I am willing to bet the amount of lurkers on on that page is much more than actual watchers.

I personally have 5 digits in my sight with my shares not 100s

Posted by CajunTiger78
Member since Aug 2017
2879 posts
Posted on 6/2/21 at 4:11 pm to
quote:


Alright you wizards, what's the next stock that's going to do this?


Not a stock, but once this one is done I would assume a lot of folks are gonna buy Crypto.
Posted by Zappas Stache
Utility Muffin Research Kitchen
Member since Apr 2009
41066 posts
Posted on 6/2/21 at 4:15 pm to
quote:

AMC has launched a new platform on its website just for its new retail investors. The platform provides these shareholders with exclusive promotions, like free or discounted items and invitations to special screenings, as well as direct communications with CEO Adam Aron. Aron and AMC plan to donate $50,000 to the Dian Fossey Gorilla Fund — a clear nod to these new investors, who call themselves apes and refer to Aron as “Silverback.” AMC also has shifted its communication style to speak directly with shareholders via social media, including YouTube. Aron has even taken a renewed interest in Twitter, “following” hundreds of accounts tied to the “ape army.”


Posted by RLDSC FAN
Rancho Cucamonga, CA
Member since Nov 2008
56336 posts
Posted on 6/2/21 at 4:18 pm to
quote:

My Bud made 100k just today on this


That's awesome
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
34272 posts
Posted on 6/2/21 at 4:21 pm to
Aron is playing this beautifully. When you still need to raise a shitload of capital, play to egos/mission of the people you need to keep the price up.
Posted by greygoose
Member since Aug 2013
12859 posts
Posted on 6/2/21 at 4:31 pm to
quote:

Aron is playing this beautifully. When you still need to raise a shitload of capital, play to egos/mission of the people you need to keep the price up.

Who ever sold you those $7.50 puts should thank you for the lunch money.
Posted by Sasquatch2020
Member since Oct 2020
519 posts
Posted on 6/2/21 at 4:35 pm to
I dont think Aron is an ape like I originally thought. The book still out on him.
Posted by RedStickBR
Member since Sep 2009
14577 posts
Posted on 6/2/21 at 4:45 pm to
quote:

Yeah don’t think that was his point - he simply read the tea leaves that it would have failed. His biggest problem is that current holders are not interested in what’s best for AMC long term, so he’s got to milk everything he can from them now. He’s done that pretty masterfully IMO.



I’d be selling the hell out of shares here if I were AMC management. Who could blame them for selling something at a market price that is significantly higher than fair value. Hell, long-term shareholders should welcome it.
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
34272 posts
Posted on 6/2/21 at 4:57 pm to
quote:

I’d be selling the hell out of shares here if I were AMC management. Who could blame them for selling something at a market price that is significantly higher than fair value.


100%

quote:

Hell, long-term shareholders should welcome it.


Debatable. If that additional dilution gets them solvent long term or position them for new and major revenue streams, yes, but it would likely just be pushing out the inevitable crash, unless they drastically adjust their business model.
This post was edited on 6/2/21 at 4:57 pm
Posted by ksayetiger
Centenary Gents
Member since Jul 2007
69755 posts
Posted on 6/2/21 at 4:58 pm to
I am selling mine. i am small potatoes, only 33 shares. I did a set limit at 2500, think they'll sell this week?
Posted by Sasquatch2020
Member since Oct 2020
519 posts
Posted on 6/2/21 at 5:02 pm to
It will soon enough if you just hold.
Posted by MusclesofBrussels
Member since Dec 2015
4873 posts
Posted on 6/2/21 at 5:05 pm to
quote:

Uh... just like GME a few weeks ago would be once in a lifetime? Or GLSI a few months before that? Weird bro


Squatch believes in a conspiracy theory that has AMC stock taking down the entire global economy before it skyrockets to a market cap larger than the total US stock market and the fed prints money just to pay AMC shareholders after all of the hedge funds have been bankrupted. Sounds reasonable doesn't it?
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