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re: Holding AMC Thread- Diamond hands unite

Posted on 6/6/21 at 7:08 am to
Posted by greygoose
Member since Aug 2013
12789 posts
Posted on 6/6/21 at 7:08 am to
quote:

CajunCraftsman225

I'm not going to quote your entire post, but I find nothing in it to disagree with. It is readily apparent that you are one of few that actually keep up with what is going on, in regards to this stock.
Posted by greygoose
Member since Aug 2013
12789 posts
Posted on 6/6/21 at 7:13 am to
quote:

Yes naked shorting is very illegal but the fines are low enough to be a manageable cost of business. CNBC did admit they exist
It was all but admitted during the Congressional hearings! How else is a company shorted 140%?

I'm not a big government guy by any stretch of the imagination, but these unregulated Dark Pools need to be reigned in. How we ever got to a place in our financial system where market makers have access to a system that is beyond the vision of public AND regulators, is a giant recipe for disaster.
Posted by jangalang
Member since Dec 2014
45396 posts
Posted on 6/6/21 at 8:36 am to
quote:

It's nice to know that you feel so strongly about your opinion, that you choose not to back it up with an actual risk.

Correction since you apparently can’t read anything other than webull or stocktwits horn tooting:

I feel so strongly about my opinion that I choose to abstain from any financial risk in the security.
Posted by Upperdecker
St. George, LA
Member since Nov 2014
31840 posts
Posted on 6/6/21 at 8:38 am to
Not even sure why naked shorts factor into this discussion. GME’s naked shorts showed up in the books. AMC people are trying to prove that synthetic shares have been used to short and that’s why the short shares don’t show up in the books. This is way beyond naked shorting
Posted by jangalang
Member since Dec 2014
45396 posts
Posted on 6/6/21 at 8:58 am to
quote:

It was all but admitted during the Congressional hearings! How else is a company shorted 140%? I'm not a big government guy by any stretch of the imagination, but these unregulated Dark Pools need to be reigned in.

How we ever got to a place in our financial system where market makers have access to a system that is beyond the vision of public AND regulators, is a giant recipe for disaster.

Short seller Dan David of Wolfpack Financial Research said in January that companies with 130% short floats has always happened. Why? Because 0 fee passive funds like vanguard or fidelity want to make money so they lend shares to shorts. Vanguard still claims they own the shares. The short that borrowed the shares claim they own the shares so the 2 for one becomes synthetic shares.

LINK

quote:

I'm not a big government guy by any stretch of the imagination

Good, stay that way. Because big government is the one that will frick everything up.

GreyGoose: you failed to answer my question on your AMC shares cost average and minimum sell price. Is your conviction reserved to message boards only?
This post was edited on 6/6/21 at 9:15 am
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
34096 posts
Posted on 6/6/21 at 10:03 am to
quote:

these unregulated Dark Pools need to be reigned in


I don't think you know how dark pools work. Every trade is tracked and reported once it settles.

But to you it sounds like a scary term so surely there are nefarious things happening in the DARK POOLS
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
34096 posts
Posted on 6/6/21 at 10:07 am to
quote:

Correction since you apparently can’t read anything other than webull or stocktwits horn tooting


I'm going to start referring to him as Greyparrot, since his contributions consist of simply repeating what he reads on reddit.
Posted by supadave3
Houston, TX
Member since Dec 2005
31162 posts
Posted on 6/6/21 at 10:20 am to
quote:

GreyGoose: you failed to answer my question on your AMC shares cost average and minimum sell price. Is your conviction reserved to message boards only?


For the life of me, I can’t understand how an investor would have let the 3-4 hour window of $60-$70 share price pass without taking at least SOME profit. I’m a very small fry in the game and my opinion on it all isn’t even really worth offering or discussing, but sitting of 500% gains wasn’t going to pass me by without at least taking original investment there.

Good luck Apes!
This post was edited on 6/6/21 at 10:22 am
Posted by jangalang
Member since Dec 2014
45396 posts
Posted on 6/6/21 at 10:22 am to
quote:

But to you it sounds like a scary term so surely there are nefarious things happening in the DARK POOLS

Dark Pool is buzz word literotica on the stocktwits and webull apps .

Every stock regardless of valuation or short float on those sites has a price target of moon and every stock has a colossal short squeeze imminent.
Posted by lsuconnman
Baton rouge
Member since Feb 2007
3658 posts
Posted on 6/6/21 at 10:54 am to
Don’t forget “why isn’t #SEC investigating this manipulation” for every stock.
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
34096 posts
Posted on 6/6/21 at 11:12 am to
quote:

but sitting of 500% gains


And achieved within a few days, no less. It's unreal.
Posted by AUViclic
Member since Jun 2013
158 posts
Posted on 6/6/21 at 2:33 pm to
It ends the same way every time

chart

Posted by greygoose
Member since Aug 2013
12789 posts
Posted on 6/6/21 at 3:06 pm to
quote:

I feel so strongly about my opinion that I choose to abstain from any financial risk in the security.
Ever heard of puts, waterhead?

You post, and seem adamant about this stock crashing. You, and other with the same mindset, should do very well shorting AMC, yet only one goober has admitted to it, and lost his lunch money.

It's really easy to go on a message board, pound your chest, and proclaim you know what's going to happen. But it's a whole other deal when you actually back it up with money out of your pocket. Hell, Slacker has been trying to save us all for months now! I picture y'all hold hands, deciding how to address the 100+% gains a LOT of people here have seen. It's almost become the quintessential circle jerk with the naysayers. Something tells me Chitstain will volunteer to eat the cookie, though.

You lack conviction, much like the other armchair, wait and see, then gloat, posters who are looking for nothing other than some weird affirmation that they are right about something. Seek help.

Meanwhile, I'll enjoy counting my profits.
Posted by greygoose
Member since Aug 2013
12789 posts
Posted on 6/6/21 at 3:09 pm to
quote:

GreyGoose: you failed to answer my question on your AMC shares cost average and minimum sell price. Is your conviction reserved to message boards only?

LOL! You want my tax returns? How bout my SSN?

Let me, let you in on a little fact. I have stated my position in this thread already. Just because you ask, doesn't mean I feel any obligation to satisfy any need you may have, about my personal investments or finances. I'd rather just sit back, read the shite-posts, then chuckle at the turds who missed the boat.
Posted by greygoose
Member since Aug 2013
12789 posts
Posted on 6/6/21 at 3:12 pm to
quote:

For the life of me, I can’t understand how an investor would have let the 3-4 hour window of $60-$70 share price pass without taking at least SOME profit.


Some people are confident that $60-70 is small potatoes compared to what is coming. Count me in with that crowd.
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
34096 posts
Posted on 6/6/21 at 4:44 pm to
quote:

Meanwhile, I'll enjoy counting my profits


So you sold?
Posted by greygoose
Member since Aug 2013
12789 posts
Posted on 6/6/21 at 6:53 pm to
quote:


So you sold?
Yeah. Put it all on $7.50 puts. Seemed to work out so great for you.........oh wait..
Posted by CajunCraftsman225
Member since Jun 2021
49 posts
Posted on 6/6/21 at 7:21 pm to
Anyone thinks it's hilarious that the true fools are nose diving into AMC networks? (AMCX) if I am missing something with AMC Networks, let me know. But this should be interesting whenever they realize they are on the WRONG stock.

FOR those that are not sure what I am talking about. Look up AMC networks stock chart. And keep in mind two vloggers were included on CNBC and FOX talking about AMC, meaning AMC Ent.
Posted by Sasquatch2020
Member since Oct 2020
519 posts
Posted on 6/6/21 at 7:59 pm to
Big week. I think we still have some ammo left from the machine but the power of the apes will prevail. 4 digits coming soon. Might be at end of the month but hold for anyone who wants some big gains. If we get to 20s I’m going all in with my portfolio
This post was edited on 6/6/21 at 8:00 pm
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
34096 posts
Posted on 6/6/21 at 8:06 pm to
quote:

Yeah. Put it all on $7.50 puts. Seemed to work out so great for you.........oh wait..


So a free finance terminology lesson. If you haven't sold, you have no profits.

Sorry baw.
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