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re: Holding AMC Thread- Diamond hands unite

Posted on 6/3/21 at 9:01 am to
Posted by oVo
Member since Dec 2013
11983 posts
Posted on 6/3/21 at 9:01 am to
They have nothing to do with me buying, I have been holding for months
Posted by NoSaint
Member since Jun 2011
12464 posts
Posted on 6/3/21 at 9:02 am to
BAM is still very positive - and he’s not some random goon
Posted by Eric Nies Grind Time
Member since Sep 2012
25421 posts
Posted on 6/3/21 at 9:04 am to
I was looking at his youtube vids based on your earlier posts. Has he mentioned anything about at what point he won't be so positive?
Posted by NoSaint
Member since Jun 2011
12464 posts
Posted on 6/3/21 at 9:06 am to
I believe that would be based on whenever his model turns but he has us headed into some “zones of strength” in the next hour or so
Posted by pchwinner
Member since Jan 2008
573 posts
Posted on 6/3/21 at 9:07 am to
So buy more now?
Posted by ninthward
Boston, MA
Member since May 2007
22012 posts
Posted on 6/3/21 at 9:11 am to
no
AMC said they were about to sell another 11m shares
Posted by UltimaParadox
North Carolina
Member since Nov 2008
51354 posts
Posted on 6/3/21 at 9:12 am to
quote:

Sorry if this has been covered but what was the plan / thinking around if Amazon buys AMC?


Absolutely zero chance Amazon is buying AMC at these prices, so you do not need to worry about it. If there was any chance Amazon was going to buy them, the share price would be substantially lower.
Posted by NoSaint
Member since Jun 2011
12464 posts
Posted on 6/3/21 at 9:12 am to
quote:

AMC said they were about to sell another 11m shares


Which was previously announced/known and not an exorbitant number either
Posted by slackster
Houston
Member since Mar 2009
91341 posts
Posted on 6/3/21 at 9:13 am to
quote:

Big boys are doing everything they can to tank this
Capitalism is for everybody. Well for the super rich anyway


AMC investors are up like 500% in a week and they’re bitching about being cheated? Come on guys.
Posted by slackster
Houston
Member since Mar 2009
91341 posts
Posted on 6/3/21 at 9:16 am to
quote:

no
AMC said they were about to sell another 11m shares




Whether or not you buy AMC is a personal choice, but to do anything because of a 2% dilution is a bit ridiculous.
Posted by Sasquatch2020
Member since Oct 2020
519 posts
Posted on 6/3/21 at 9:16 am to
because 4 digits then 5 digits is what we are after

for the people that didnt follow GME run.. it did the same shite
This post was edited on 6/3/21 at 9:17 am
Posted by NoSaint
Member since Jun 2011
12464 posts
Posted on 6/3/21 at 9:17 am to
quote:

Whether or not you buy AMC is a personal choice, but to do anything because of a 2% dilution is a bit ridiculous.



Yup. Don’t know if we passed the peak but those shares won’t be the difference.
Posted by UltimaParadox
North Carolina
Member since Nov 2008
51354 posts
Posted on 6/3/21 at 9:17 am to
quote:

Whether or not you buy AMC is a personal choice, but to do anything because of a 2% dilution is a bit ridiculous.


Would have been more than 10% dilution less than year ago...

I like how they keep warning longs in their share fillings. Basically telling them we will dilute further, dont sue us later.
Posted by slackster
Houston
Member since Mar 2009
91341 posts
Posted on 6/3/21 at 9:19 am to
quote:

because 4 digits then 5 digits is what we are after


That’s fine, but where is this manipulation people are implying?

The media reported on the Mudrick investment on Tuesday and it was viewed positively around here. Now that the stock had a rough morning people are calling the report today manipulation? Seems a bit illogical.
Posted by hawgfaninc
https://youtu.be/torc9P4-k5A
Member since Nov 2011
53660 posts
Posted on 6/3/21 at 9:20 am to
Bought two shares on the dip at $49 so I could join the party

Planning my retirement party now
Posted by RedStickBR
Member since Sep 2009
14577 posts
Posted on 6/3/21 at 9:20 am to
This is unprecedented. I’ve never seen a company put this in a prospectus (I’m taking Yahoo Finance’s word here; haven’t actually read the prospectus myself:

quote:

"We believe that the recent volatility and our current market prices reflect market and trading dynamics unrelated to our underlying business, or macro or industry fundamentals, and we do not know how long these dynamics will last," the filing said. "Under the circumstances, we caution you against investing in our Class A common stock, unless you are prepared to incur the risk of losing all or a substantial portion of your investment."
Posted by slackster
Houston
Member since Mar 2009
91341 posts
Posted on 6/3/21 at 9:21 am to
quote:

Yup. Don’t know if we passed the peak but those shares won’t be the difference.


Exactly. There are some really crazy hot takes on both sides of this ordeal. It’s why I can’t look away.
Posted by slackster
Houston
Member since Mar 2009
91341 posts
Posted on 6/3/21 at 9:21 am to
quote:

Bought two shares on the dip at $49 so I could join the party

Planning my retirement party now



Posted by UltimaParadox
North Carolina
Member since Nov 2008
51354 posts
Posted on 6/3/21 at 9:22 am to
quote:

Exactly. There are some really crazy hot takes on both sides of this ordeal. It’s why I can’t look away.


I cant stomach investing in these sort of plays, but looking from a far they sure are entertaining.
Posted by ninthward
Boston, MA
Member since May 2007
22012 posts
Posted on 6/3/21 at 9:22 am to
I bought amc at 4.00 Im holding for now
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