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Started By
Message
re: Holding AMC Thread- Diamond hands unite
Posted on 6/8/21 at 9:24 am to slackster
Posted on 6/8/21 at 9:24 am to slackster
quote:
means there are 44,000 option contracts that are currently being held by buyers who have the option to purchase AMC for $145/share on 6/11/21
Why in the frick would someone set a buy option that high?
1
Posted on 6/8/21 at 9:29 am to BadatBourre
Early ORTEX data is showing a net increase in borrowed shares of 1.2MM so far this morning. Borrowing costs are down today, however.
Posted on 6/8/21 at 9:32 am to Lsut81
quote:
Why in the frick would someone set a buy option that high?
Because you could make 100% on your money if the stock gets to like $70 today.
Posted on 6/8/21 at 9:34 am to slackster
$70 today? Can't even break $60..
Posted on 6/8/21 at 10:04 am to slackster
You really rubbed some people the wrong way ha! They are jumping on you for explaining a hypothetical to someone as if you said "this will happen" 
Posted on 6/8/21 at 10:17 am to Large Farva
Yeah, and greyparrot and sasquatch haven't made any proclamations or claims in this thread that didn't come to pass as they predicted.
My favorite was quadruple witching hour. Though the "those were april shares" one is creeping up there since it could be so easily confirmed yet everyone just believed what the shills told them.
My favorite was quadruple witching hour. Though the "those were april shares" one is creeping up there since it could be so easily confirmed yet everyone just believed what the shills told them.
Posted on 6/8/21 at 10:20 am to Chucktown_Badger
looks like most stocks are dipping right now. Any news drop on that may be affecting the stock market?
Posted on 6/8/21 at 10:42 am to Chucktown_Badger
quote:
My favorite was quadruple witching hour
That's great! Mine was "I bought $7.50 puts" a close second was Slackster proclaiming AMC couldn't hold $14.50. Those were awesome, but the 1st one "puts" a smile on my face everytime I see you post. To quote Bugs Bunny- What a maroon! 
Posted on 6/8/21 at 10:53 am to greygoose
quote:
a close second was Slackster proclaiming AMC couldn't hold $14.50
Link?
I said it’s struggled to hold that price post-January, and I was right. It got to $14 4 days in a row and couldn’t close above it other than the last day of that stretch. 3 days later it was down 14%. It had a lot of resistance at that price - it didn’t close above $14 for consecutive days until it closed at $16 two weeks ago and hasn’t slowed down since. It had struggled to get a clean break, but I never said it couldn’t hold, I said it hadn’t held.
Posted on 6/8/21 at 11:03 am to Chucktown_Badger
quote:
My favorite was quadruple witching hour.
I fell for this on WSB like a year ago, maybe two years ago. Either way I had a tiny portfolio and dumped everything into calls bc quadruple witching hour was supposed to make the market fly, ended up the market tanked and I lost everything
Posted on 6/8/21 at 11:23 am to Upperdecker
I think about it like this...Wall St professionals know their shite, so if there is a date and/or event that is known, they will plan for it well before I will. Basically, I didn't think they'd be going "quadruple witching hour is in 5 weeks, we're so fricked, there's nothing we can do."
Posted on 6/8/21 at 11:36 am to greygoose
quote:
Care to guess what happens when AMC joins the Russell 1000?
From Reddit
quote:
Posted byu/voltcraft_r
1 day ago
Helpful4
Wholesome3
Silver7
Hugz3
GME and AMC to be added to RUSSELL 1000 if market cap stays at current levels on June 25
Greyparrot, ladies and gentlemen.
Posted on 6/8/21 at 11:37 am to slackster
Appreciate the explanation!
See, not so angry!
See, not so angry!
Posted on 6/8/21 at 11:37 am to Chucktown_Badger
Oh yea you’re absolutely right, I had just started trading at that point. It’s not as easy as it sounds, you gotta be steps ahead
Posted on 6/8/21 at 11:45 am to Chucktown_Badger
So he is sharing info that he found from another site...guess you have never, ever, not even once read something from elsewhere and posted it here without "citing" it.... i assume that is what you want him to do or you just doing us all a solid to let us know that he read the info from elsewhere and posted it on here?
Thanks i guess?
Greygoose living rent free up in that dome of yours baw
Thanks i guess?
Greygoose living rent free up in that dome of yours baw
Posted on 6/8/21 at 11:49 am to honeybadger07
quote:
So he is sharing info that he found from another site...guess you have never, ever, not even once read something from elsewhere and posted it here without "citing" it.... i assume that is what you want him to do or you just doing us all a solid to let us know that he read the info from elsewhere and posted it on here?
Thanks i guess?
Greygoose living rent free up in that dome of yours baw
The point is that the next original thought he has that isn't parroted from Reddit will be his first. He doesn't even understand the detail behind much of what he brings over. It's CTRL C, CTRL V
Posted on 6/8/21 at 12:09 pm to slackster
quote:
Early ORTEX data is showing a net increase in borrowed shares of 1.2MM so far this morning. Borrowing costs are down today, however.
Newest numbers are now a net decrease of 1.5MM borrowed shares. Cost to borrow has come down slightly too.
Posted on 6/8/21 at 12:14 pm to slackster
Back in the green today.
Posted on 6/8/21 at 12:18 pm to AbitaFan08
quote:
Back in the green today.
Volume is coming way down, relatively speaking. You have to wonder how much money there is to go around between al of the others new/resurgent meme stocks.
On the bright side, it doesn’t appear that people are dumping AMC and running to the CLOV of the world en masse either.
Posted on 6/8/21 at 12:20 pm to slackster
quote:
On the bright side, it doesn’t appear that people are dumping AMC and running to the CLOV of the world en masse either.
What the hell happened to the interest in NOK?!
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