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Started By
Message
re: Holding AMC Thread- Diamond hands unite
Posted on 6/3/21 at 9:23 am to FLObserver
Posted on 6/3/21 at 9:23 am to FLObserver
quote:
Big boys are doing everything they can to tank this
Are you in that boat where the "little guys" on reddit are trading more volume in AMC than TSLA, AAPL, MSFT, and AMZN COMBINED in 1 day? More than AMZN's record intraday volume in their history? More than AMC's total market cap?
0
Posted on 6/3/21 at 9:24 am to RedStickBR
quote:
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:
Yeah it’s crazy, but I think most longs know this isn’t a $20+ stock in the longer run, so I don’t see why it would phase them. This is all about forcing a squeeze, not some value proposition.
Posted on 6/3/21 at 9:27 am to slackster
quote:
Seems a bit illogical
yep, the problem is most people just react emotionally to so many things and this is no different.
Nothing substantial in terms of short interest has changed with AMC since last week... so if you thought AMC was a good play last week then I can't imagine what has happened to change that other than the price going up... Until I see the short interest changing with significance I am sitting back and enjoying the roller coaster.
Posted on 6/3/21 at 9:27 am to slackster
Honestly it is CYA for AMC when the squeeze is over and the stock price returns to normal valuations. Someone left holding the bag will gather up people for a class action saying AMC did something evil with the dilution.
To be fair that class action suit is pretty much an automatic at this point, but going to be hard not to be thrown out when they send out a warning telling people not to invest.
To be fair that class action suit is pretty much an automatic at this point, but going to be hard not to be thrown out when they send out a warning telling people not to invest.
Posted on 6/3/21 at 9:27 am to ninthward
quote:
I bought amc at 4.00 Im holding for now
6 months from now everyone will be talking about how they bought AMC at $4 and sold at $60. You won’t be able to find a bag holder in sight. It’s how all of these moon plays seem to go. Stock falls 80% from its highs but no one lost money.
For the board’s sake, I hope that’s the case each time, but I doubt it.
Posted on 6/3/21 at 9:32 am to slackster
yea probably should have sold yesterday and my bag is small but would be a great little bonus.
Posted on 6/3/21 at 9:35 am to slackster
quote:
Yeah it’s crazy, but I think most longs know this isn’t a $20+ stock in the longer run, so I don’t see why it would phase them. This is all about forcing a squeeze, not some value proposition.
I think it’s beautiful they are selling stock into this rally. It reminds me of the second Railway Mania in Britain in the 1840s. Yes, promoters lied and investors lost their asses, but at least they donated to one of the most developed infrastructure assets in the world at that time, which contributed to the British economy expanding when much of Europe was contracting.
That’s what these “apes” don’t understand. They are going to lose their arse, but at least they may have contributed to some staying power for AMC given the company has been selling pennies for a dollar on the back of this ridiculous surge in momentum. Frankly, I think that’s a main reason they have the warning in their prospectus, so they can point back to it and say, “Hey, don’t accuse us of being a manipulator. We told people these prices were unsustainable. That said, we’re selling stock like bandits while we can!”
Posted on 6/3/21 at 9:35 am to slackster
it's pretty obvious not many itt know what they're doing and have been AMC buying all the way up
Posted on 6/3/21 at 9:36 am to PennyPacker
quote:
Nothing substantial in terms of short interest has changed with AMC since last week... so if you thought AMC was a good play last week then I can't imagine what has happened to change that other than the price going up... Until I see the short interest changing with significance I am sitting back and enjoying the roller coaster.
Except that they are selling stock to pay down debt which otherwise could have been unserviceable.
Posted on 6/3/21 at 9:38 am to RedStickBR
I’m a long term buyer of AMC at $8.00 for the free popcorn incentive. Every share of AMC will cost less than popcorn at AMC at that point
Posted on 6/3/21 at 9:39 am to rocket31
some youtubers i follow were buying amc yesterday at 60 jeesh
Posted on 6/3/21 at 9:40 am to slackster
Posted on 6/3/21 at 9:41 am to ninthward
yea. AMC investors have largely outperformed everyone this year
but you know there's many now with average share costs in the $60s that are shitting themselves
but you know there's many now with average share costs in the $60s that are shitting themselves
Posted on 6/3/21 at 9:42 am to Upperdecker
Are we still on pace for $88 by 10:10?
Posted on 6/3/21 at 9:43 am to AA7
quote:
AA7
I'm still up pretty good and have no clue how this will play out. But I really don't think it's done.
Posted on 6/3/21 at 9:45 am to CidCock
Yeah I remember the usual suspects shitting on GME when it would dip 20% saying I told you so and then the next day it would be up 60%
Posted on 6/3/21 at 9:46 am to CidCock
quote:
I'm still up pretty good and have no clue how this will play out. But I really don't think it's done.
I sold of 30% at 50.
Not looking a gift horse in the mouth. I’m comfortable with my near $40/share increase.
Posted on 6/3/21 at 9:46 am to UltimaParadox
The company is going to end up with a ton of cash on hand, in this market is not a terrible strategy.
Posted on 6/3/21 at 9:47 am to CidCock
My sister made 545 bucks yesterday she brought 2 shares at 10 a piece. Should I tell her to sell? Or hold
Posted on 6/3/21 at 9:48 am to Upperdecker
quote:
I’m a long term buyer of AMC at $8.00 for the free popcorn incentive. Every share of AMC will cost less than popcorn at AMC at that point
I’m going to hold on to one share when this is done just so I can keep my free popcorn.
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