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Posted on 6/4/21 at 9:47 am to ForeverLSU5
quote:
quote: You don't think this is going to mirror the GME situation? It very well could, I just wanted to get out with a good guaranteed profit and keep a little in case it goes full on GME.
I’ll go out on a ledge and declare there’s no chance.
1. GME didn’t issue endless shares like AMC, let alone declare its intent to continue issuing more as long as the market will bare.
2. GME was the OG meme, and its CEO is perceived to be a superhero second only to Elon Musk
3. GME always had the NFT game in its back pocket to create a buzz when momentum stagnated.
4. AMC’s debt load is insurmountable. Their future rests on bankruptcy and clearing all unsecured debt or issuing enough shares to clear it. Short of perpetual stimmy checks, UBI, and $25/hr minimum wage their fanbase can’t continue to absorb that dilution, let alone maintain enough demand to increase the stock price.
Posted on 6/4/21 at 9:55 am to lsuconnman
quote:
GME was the OG meme, and its CEO is perceived to be a superhero second only to Elon Musk
Which is why he resigned in April?
Posted on 6/4/21 at 10:00 am to cdaniel76
quote:
Which is why he resigned in April?
Yeah that was a swing and a miss. It was the Chewy guy being put on the board that gave it the initial boost.
Posted on 6/4/21 at 10:28 am to greygoose
Once again, I have to post $55 
Posted on 6/4/21 at 10:43 am to Whichwayisup
Posted on 6/4/21 at 10:45 am to Whichwayisup
Is this the Hedges saying they realize they cannot continue to short AMC?
Posted on 6/4/21 at 10:49 am to CajunTiger78
quote:
s this the Hedges saying they realize they cannot continue to short AMC?
At least one is
Posted on 6/4/21 at 10:52 am to Whichwayisup
Nice
Posted on 6/4/21 at 10:54 am to CajunTiger78
Two HF said they weren't allowing short selling of AMC yesterday as well.
Posted on 6/4/21 at 10:57 am to Large Farva
How soon before margin calls start? 
Posted on 6/4/21 at 11:03 am to Whichwayisup
So this is a good thing...feeding into what goose and others been talking about yea?
Posted on 6/4/21 at 11:12 am to lsuconnman
The only way AMC ends up like GME is if the synthetic shares and unlisted short shares idea is real
Posted on 6/4/21 at 11:19 am to Upperdecker
quote:
The only way AMC ends up like GME is if the synthetic shares and unlisted short shares idea is real
With the amount of howling going on and a steady mantra of sell sell sell. Definitely smoke with those ideas. Definitely holding, may buy more...
Posted on 6/4/21 at 11:29 am to carlsoda
This thing has done literally nothing all day… Kind of boring.
Usually about 1130 is when there’s a nice run for an hour or so.
Usually about 1130 is when there’s a nice run for an hour or so.
Posted on 6/4/21 at 11:30 am to Lsut81
quote:
This thing has done literally nothing all day… Kind of boring.
If you’re holding AMC, this is a good thing. No sell off after yesterday and all the AMC chatter this morning likely means it will continue trending up next week
Posted on 6/4/21 at 11:32 am to Upperdecker
quote:
likely means it will continue trending up next week
When does it go to the moon?
Posted on 6/4/21 at 11:41 am to Whichwayisup
quote:
And so it begins:
Fwiw, this was reported yesterday.
Posted on 6/4/21 at 11:44 am to CajunTiger78
quote:
Is this the Hedges saying they realize they cannot continue to short AMC?
Jefferies listed a few stocks that they’ve blocked. I’d imagine their risk team doesn’t want to be on the wrong side of the craziness either way.
Posted on 6/4/21 at 11:54 am to Upperdecker
quote:
If you’re holding AMC, this is a good thing. No sell off after yesterday and all the AMC chatter this morning likely means it will continue trending up next week
All else being equal, I’d agree, but the Ortex data is less promising. Their information shows over 7 million net shares have been returned. In other words, that many shorts have been covered.
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