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Started By
Message
1
Posted on 6/9/21 at 8:51 am to southpawcock
quote:Thursday, June 3rd it fell to $42 at 11am. At 1:30pm, it was at $67. Friday June 4th, it again fell to $42. At the close it was at $51. Monday, it opened at $51, dropped to $47, and finished at $56.
This is no bueno.
We are supposed to get news today!
Posted on 6/9/21 at 8:53 am to AA7
quote:What? I deal out downvotes very sparingly. They are reserved for a limited few. I have no idea what you are talking about, but if your post was pro-AMC, I have a very good idea who did deal you the vote.
Why’d you downvote me goose? I’m just a simple man with a call expiring Friday, trying to retire at an early age :(
Posted on 6/9/21 at 8:54 am to greygoose
The last few days it’s climbed up until around 10 - noon then fallen towards close.
Posted on 6/9/21 at 9:00 am to AA7
quote:Here's the latest from BAM's twitter. He's still very bullish:
BAM still saying we are hitting 280 today?
[/img]
Posted on 6/9/21 at 9:20 am to greygoose
quote:
greygoose
So you wanna talk about the Russell 1000 some more? Or should we put that conversation on hold for, say, 11 months?
Posted on 6/9/21 at 9:21 am to Chucktown_Badger
quote:
So which are we getting? Both? After many searches I've found no information on how this alleged share count would actually work and how it would reveal information that is not captured elsewhere all along.
Already got share count- 501MM or so. Should get individual holders, which, by itself, tells us nothing. However, last time they stated what percentage of ownership those individuals had, which would be helpful. Institutional ownership is somewhere around 20-25%. Short interest estimates around 6/2 were 18-20%. If individuals own 80-100%, that would make sense. I don’t believe they separated insiders from the individual ownership statistic back in March, but I could be wrong.
Posted on 6/9/21 at 9:25 am to greygoose
quote:
Now let's talk charts. Bollinger bands have narrowed over the last few trading days, and if you don't know what that indicates, I'll help you out. That is a strong indication that price is about to increase.
I despise technical analysis for regular stocks, so I don’t think Bollinger bands or any technical analysis is remotely useful for meme stocks, but I could be wrong. Wouldn’t be the first time.
Posted on 6/9/21 at 9:31 am to slackster
quote:It's not rocket science. TDA know how many shares I own. AMC knows how many shares have been issued. What happens when it is reported back to AMC that they have, say, 3 billion possible votes?
Already got share count- 501MM or so. Should get individual holders, which, by itself, tells us nothing. However, last time they stated what percentage of ownership those individuals had, which would be helpful. Institutional ownership is somewhere around 20-25%. Short interest estimates around 6/2 were 18-20%. If individuals own 80-100%, that would make sense. I don’t believe they separated insiders from the individual ownership statistic back in March, but I could be wrong.
Another way to look at it, if there are 3 million individual stock holders, what would be the average amount of shares held by retail, if retail owns 80% of the shares? Does 150 shares sound low? It does to me!
501 million shares issued by the company. Retail owns 80%. That's 400 million shares.
400 million/ 3 million retail holders = 133 shares per shareholder.
Posted on 6/9/21 at 9:34 am to slackster
quote:Have an upvote!
I despise technical analysis for regular stocks, so I don’t think Bollinger bands or any technical analysis is remotely useful for meme stocks, but I could be wrong. Wouldn’t be the first time.
Tech analysis is just another tool in the tool box. You really want to get in the weeds, look into how BAM analysis works! But hey, it's hard to argue with it with the successful predictions.
Posted on 6/9/21 at 9:35 am to greygoose
quote:
hard to argue with it with the successful predictions.
Gonna be fun watching the run to $280 today then.
Posted on 6/9/21 at 9:35 am to greygoose
quote:BTW, this is how I know Chitstain is a functional retard, everytime he posts his Debbie Downer crap about "share counts".
It's not rocket science. TDA know how many shares I own. AMC knows how many shares have been issued. What happens when it is reported back to AMC that they have, say, 3 billion possible votes?
Another way to look at it, if there are 3 million individual stock holders, what would be the average amount of shares held by retail, if retail owns 80% of the shares? Does 150 shares sound low? It does to me!
501 million shares issued by the company. Retail owns 80%. That's 400 million shares.
400 million/ 3 million retail holders = 133 shares per shareholder.
Posted on 6/9/21 at 9:41 am to greygoose
You have no clue how your purported "share count" works. Its been abundantly clear. It will be a non-event. And yet another example of something you saw on Reddit, have no understanding of, and confidently post over here with a "GUYS, SHARE COUNT!!!"
So, about the Russell 1000...
And that BAM guy...on the predictions he ends up being right on, he's right 100% of the time!!!
ETA: I've completed my "Greyparrot AMC Lingo Bingo" card and will be playing today. I'll hopefully be back with a bingo soon. Starting after this post
So, about the Russell 1000...
And that BAM guy...on the predictions he ends up being right on, he's right 100% of the time!!!
ETA: I've completed my "Greyparrot AMC Lingo Bingo" card and will be playing today. I'll hopefully be back with a bingo soon. Starting after this post
This post was edited on 6/9/21 at 9:47 am
Posted on 6/9/21 at 9:55 am to Chucktown_Badger
Did you buy some more? I hope so! 
[/img]
[/img]Posted on 6/9/21 at 10:08 am to greygoose
quote:
Another way to look at it, if there are 3 million individual stock holders, what would be the average amount of shares held by retail, if retail owns 80% of the shares? Does 150 shares sound low? It does to me!
501 million shares issued by the company. Retail owns 80%. That's 400 million shares.
400 million/ 3 million retail holders = 133 shares per shareholder.
Then that’s that. I don’t see how you can argue with their numbers. If they say individuals own 80% of the shares again, then they own 400 million shares. It’s not like they’ll get 2 billion individual votes unless retail owns 400% of their outstanding shares.
Posted on 6/9/21 at 10:10 am to slackster
quote:
Then that’s that. I don’t see how you can argue with their numbers. If they say individuals own 80% of the shares again, then they own 400 million shares. It’s not like they’ll get 2 billion individual votes unless retail owns 400% of their outstanding shares.
Sooooo......a shite ton of synthetics are out there!
Posted on 6/9/21 at 10:21 am to slackster
quote:I get one vote for each share I own. All of this is reported back from the broker to the company, correct? If TDA, for example says I have 10000 shares, I get 10000 proxy votes. Now, if they add up all the retail votes they disperse, there's your share count.
Then that’s that. I don’t see how you can argue with their numbers. If they say individuals own 80% of the shares again, then they own 400 million shares. It’s not like they’ll get 2 billion individual votes unless retail owns 400% of their outstanding shares.
This is akin to a nation dispersing 200 million ballots for an election, to a nation with only 100 million eligible voters.
Posted on 6/9/21 at 10:30 am to greygoose
quote:
Now, if they add up all the retail votes they disperse, there's your share count.
You do know that if they know how many people they're reaching out to, and how many shares/votes each person has...then there's no need for a share count since they've had the information they need to calculate it all along.
As I was saying, you have no clue what you're talking about, how it works, or what it's intended to do.
Using your mail in voting example, it's like saying "alright guys, we have a list of 100 million voters we need to send a ballot to."
*sends ballots to 100 million people*
"Ok, time for the count...how many people did we send ballots to?"
This post was edited on 6/9/21 at 10:33 am
Posted on 6/9/21 at 10:44 am to Chucktown_Badger
I'm watching the superstonk livestream from the GME shareholder meeting and it's hilarious. Looks like a bunch of kids larping. "Giant110" was just walking through the parking lot in a disheveled suit looking for "bodysurfingdan".
Also, apparently there was no bomb dropped on share count and they are all disappointed. Claiming they won't believe the 8K filed with the SEC if it doesn't say more than 100% of shares voted.
Also, apparently there was no bomb dropped on share count and they are all disappointed. Claiming they won't believe the 8K filed with the SEC if it doesn't say more than 100% of shares voted.
Posted on 6/9/21 at 10:46 am to MusclesofBrussels
So based off the share count, there is no “bombshell” coming?
Now its just how long can retail keep this thing pumped?
Now its just how long can retail keep this thing pumped?
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