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Message
re: Holding AMC Thread- Diamond hands unite
Posted on 6/9/21 at 5:36 pm to slackster
Posted on 6/9/21 at 5:36 pm to slackster
quote:
slackster
I'll add a few:
quote:
If we can hold $32, JG Salvodi, the inventor of BAM model of market analysis, sees it going to $280! THIS WEEK!
BTW, if you look his analysis and predictions, he's been spot on! Almost like he has a crystal ball.
Narrator: He was only off by 549% in his prediction.
quote:
LOL! Just the opposite. Banks are restricting hedges from borrowing. Short interest rate is about to explode. Real shares are drying up. Big money to be made on Monday!
Narrator: This quote was from 6/4. It ended Monday down a few bucks a share.
quote:
Big swings both ways, but at the end of the day on Monday, the stock will be green. I can easily see it up 30%. 50% on Wednesday. Maybe higher.
Narrator: It ended down even more on Wednesday.
2
Posted on 6/9/21 at 5:39 pm to CajunCraftsman225
quote:That’s not what is stated.
4.1 m people own around 120 shares on average.
Posted on 6/9/21 at 5:49 pm to Chucktown_Badger
I’ve never seen someone more invested in hoping others don’t make money when they have absolutely nothing to gain from it other than “I told you so.” Kudos.
This post was edited on 6/9/21 at 5:50 pm
Posted on 6/9/21 at 5:51 pm to CajunCraftsman225
quote:
So a rough number of 4.1 m people own around 120 shares on average. THIS IS OVER 80% OF OUTSTANDING SHARES.
While not in and of itself a smoking gun, when was the last time you heard or read someone say “over 80%” when they really meant 98% or outstanding shares?
This post was edited on 6/9/21 at 6:06 pm
Posted on 6/9/21 at 5:54 pm to Chucktown_Badger
quote:
I'll add a few
Goose has presumably made a shite ton of money in AMC. He’s been wrong a lot more than he’s been right with his predictions, but making money is the name of the game, and he’s done that - on paper anyway.
I don’t hold anyone to their price predictions because that’s a fool's game, but if he was being perfectly honest, he’d admit this share count information is devastating.
Posted on 6/9/21 at 6:01 pm to slackster
quote:
I don’t hold anyone to their price predictions because that’s a fool's game
Explain that to Chitown. He seems to dwell on 280.00
Posted on 6/9/21 at 6:23 pm to EveryoneGetsATrophy
So the more I read the more confusing the press release becomes.
Being a shareholder of record and being a share owner are two different things. Let’s assume the reported shorts of 5/28 of 102MM were secured. That takes 102MM shares off the books from margin/institutional accounts that are long and shifts the vote/eligibility to the new long shareholder. The amount of people who are long AMC and the amount of people who can vote on AMC are different numbers, and so too are the average position sizes.
And lastly, even if you just add up numbers you come up with 114MM shares that need to be explained. That’s no where close to the amounts purported by most of the longs.
Being a shareholder of record and being a share owner are two different things. Let’s assume the reported shorts of 5/28 of 102MM were secured. That takes 102MM shares off the books from margin/institutional accounts that are long and shifts the vote/eligibility to the new long shareholder. The amount of people who are long AMC and the amount of people who can vote on AMC are different numbers, and so too are the average position sizes.
And lastly, even if you just add up numbers you come up with 114MM shares that need to be explained. That’s no where close to the amounts purported by most of the longs.
Posted on 6/9/21 at 6:26 pm to slackster
Honestly I don't know how they got an accurate stock count. In March I was sent an email from TD Ameritrade to vote on the first vote...
Since then I have changed how many shares I have and I haven't received any new communication about voting. So how do they know how many shares I really have?
Since then I have changed how many shares I have and I haven't received any new communication about voting. So how do they know how many shares I really have?
Posted on 6/9/21 at 6:30 pm to slackster
quote:
Goose has presumably made a shite ton of money in AMC. He’s been wrong a lot more than he’s been right with his predictions, but making money is the name of the game, and he’s done that - on paper anyway.
Totally agree
Posted on 6/9/21 at 6:31 pm to EveryoneGetsATrophy
quote:
Explain that to Chitown. He seems to dwell on 280.00
Because today was the day your boy BAM (who has a crystal ball) proclaimed it would hit 280. It was brought here to convince others to buy. And it was bullshite. Worth pointing it out.
This post was edited on 6/9/21 at 6:32 pm
Posted on 6/9/21 at 6:32 pm to PennyPacker
quote:
Honestly I don't know how they got an accurate stock count. In March I was sent an email from TD Ameritrade to vote on the first vote...
Since then I have changed how many shares I have and I haven't received any new communication about voting. So how do they know how many shares I really have?
They haven’t sent out materials yet. Won’t gl out until June 16th, so you should be contacted around that time.
If you have shares on margin it’s possible those will not be eligible to vote.
Posted on 6/9/21 at 6:35 pm to slackster
quote:
And lastly, even if you just add up numbers you come up with 114MM shares that need to be explained. That’s no where close to the amounts purported by most of the longs.
And lastly lastly, if there were more people eligible to vote than there were shares outstanding, why wouldn’t AMC just come out and say it? Why all this code and math that always leaves room for interpretation?
Posted on 6/9/21 at 6:36 pm to slackster
If I hear that from a CEO as he hands me a paper, I vote to remove CEO or short the heck out of it. I need the report to say anything certain, but there are a couple possibilities here as a statement..
1) possibility that it is a hint indeed. I mean it looked in his interview this month as if he knew something we do not and could not say it straight forward judging body language.
2) the CEO is insane
3) the CEO has some form of disability, i.e. dilexia, autistic nature, etc, while remaining successful in the past. But then again what was success in the 90s... chimps beat some CEOs out for intelect and skills.
4) that there is a discrepancy with the shares tallied by the third party.
5) or I am missing something in all of my calculations previous?
I believe I need the hard paper in front of me to match up. If it doesn't, SEC phone numbers would be my first inquiry as CEO. MAYBE THE SEC HAS BEEN ALERTED, and that is why they have been "watching." I'm still processing... bear with me. Somewhat concerned. Somewhat baffled. A whole lot of weary and wanting to be #jackedtothetits. A whole lot wanting to sell until I have my answers. I am trying to think as a highly educated man from one of the "best" business programs in the country, as in why would he say something like this.
1) possibility that it is a hint indeed. I mean it looked in his interview this month as if he knew something we do not and could not say it straight forward judging body language.
2) the CEO is insane
3) the CEO has some form of disability, i.e. dilexia, autistic nature, etc, while remaining successful in the past. But then again what was success in the 90s... chimps beat some CEOs out for intelect and skills.
4) that there is a discrepancy with the shares tallied by the third party.
5) or I am missing something in all of my calculations previous?
I believe I need the hard paper in front of me to match up. If it doesn't, SEC phone numbers would be my first inquiry as CEO. MAYBE THE SEC HAS BEEN ALERTED, and that is why they have been "watching." I'm still processing... bear with me. Somewhat concerned. Somewhat baffled. A whole lot of weary and wanting to be #jackedtothetits. A whole lot wanting to sell until I have my answers. I am trying to think as a highly educated man from one of the "best" business programs in the country, as in why would he say something like this.
Posted on 6/9/21 at 6:38 pm to CajunCraftsman225
quote:
believe I need the hard paper in front of me to match up. If it doesn't, SEC phone numbers would be my first inquiry as CEO. MAYBE THE SEC HAS BEEN ALERTED, and that is why they have been "watching." I'm still processing... bear with me. Somewhat concerned. Somewhat baffled. A whole lot of weary and wanting to be #jackedtothetits. A whole lot wanting to sell until I have my answers. I am trying to think as a highly educated man from one of the "best" business programs in the country, as in why would he say something like this.
Think that’s all fair man. Good luck finding your answers.
Posted on 6/9/21 at 6:38 pm to slackster
quote:
They haven’t sent out materials yet
Right, but how do they know how many shares I have? Its changed since last time. So how are they getting this "avg" per investor?
Posted on 6/9/21 at 6:39 pm to WDE24
What do you mean? Or are you interpreting my words literally instead of as paraphrasing, ie quick notes.
EDIT: Nevermind. Nice way of saying I need to actually read and not skim... thanks and cheers.
4.1 SHAREHOLDERS including institutional, insiders, corporate and retail investors.
EDIT: Nevermind. Nice way of saying I need to actually read and not skim... thanks and cheers.
4.1 SHAREHOLDERS including institutional, insiders, corporate and retail investors.
This post was edited on 6/9/21 at 6:56 pm
Posted on 6/9/21 at 6:41 pm to PennyPacker
Share recount took place June 2nd or something like that. They have to pick a hard date due to continuing changes
Posted on 6/9/21 at 6:51 pm to slackster
So just a generalized question but what’s the difference between AMC and GameStop? I understand what’s going on and have some money in amc but curious why you don’t think it can happen with amc but already did with GameStop?
Let me rephrase....I have an idea of what’s going on. Bought some amc at $18. But I’m not we’ll versed on this stuff. Actually bought some KRUS and MUR last year in April for roughly $10 a share apiece and have done well with it. Got in amc to see if I could really bump my earnings haha. So kinda playing with house money....
Let me rephrase....I have an idea of what’s going on. Bought some amc at $18. But I’m not we’ll versed on this stuff. Actually bought some KRUS and MUR last year in April for roughly $10 a share apiece and have done well with it. Got in amc to see if I could really bump my earnings haha. So kinda playing with house money....
This post was edited on 6/9/21 at 6:53 pm
Posted on 6/9/21 at 6:56 pm to Chucktown_Badger
quote:
Because today was the day your boy BAM
I actually have no idea who my boy BAM is, so keep trying.
Posted on 6/9/21 at 6:57 pm to PennyPacker
quote:
Right, but how do they know how many shares I have? Its changed since last time. So how are they getting this "avg" per investor?
They ask TD Ameritrade to report how many accounts are in AMC and how many total shares they have I assume. They could be counting individual accounts rather than individuals.
With respect to the total numbers, it’s also possible that nearly all of the institutional shares are on loan, which would not enable them to vote on those shares.
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