re: Holding AMC Thread- Diamond hands unite

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I actually have no idea who my boy BAM is

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Ah, you must be new to this thread. Sorry about that.

So your stocks purchased/sold have to settle. This takes 2 days typically. They are able to filter out unsettled from settled. I am assuming. When request is made your broker is obliged to report I believe. What they report is the shares that are settled and number of accounts that are acting as shareholders. I am assuming they do not relay personal information?

Wishful thinking... takes lots of reading and variable sources.

Seems reasonable. And i would think there has to be some unique identifier attached to the individual shares they report, like address or SSN, or something, otherwise people who hold shares in different accounts would tally up as more than one shareholder.

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get the premise of naked shorting...but could the short squeeze still happen in amc if the shares are bought back or are you saying the hedge funds can hang on longer to amc Bc the interest is lower? Is it the amount of volume amc has had vs GameStop? I’m just genuinely trying to understand what the difference is...

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Problem number 1 is the premise is false to a large extent. GME was 1 part short squeeze and 3 parts retail/hedges just buying and swapping shares back and forth. The idea that retail would hold and not sell to hedges trying to cover never actually materialized. The volume and share price action proves it. The stock started to fall when retail couldn’t buy it - if it was a true squeeze, that wouldn’t have mattered all that much.

Problem 2 is that this isn’t the first rodeo. GME came out of nowhere, by and large. This AMC attempt at a squeeze has been going on for nearly 5 months. You’re not going to catch all of these supposed shorts off guard, but you can definitely force the hands of a few of them. We’ve already seen the shares on loan get cut by like 50 million shares since the price went parabolic.

Problem 3 is that the funds of the WSB types are going to be running thin. They can’t pump 10s or stocks at a time, and people won’t follow them into every idea if they keep getting their arse beat like on CLOV today.

Lots of reasons this isn’t like GME, but people can be irrational for long periods of time, so it’s entirely plausible people try to drive the price even higher.

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Why all this code and math that always leaves room for interpretation?

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Never played poker, I see.

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Jeff Bezos is the richest man on Earth. Undisputed.

Does he have those billions in a savings account? If Amazon stock goes up 20%, is he declared richer, or do the pundits put an asterisk beside his wealth amount that leads to a footnote with "unrealized"?

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So you agree you’ve lost 35% since Wednesday? Gotcha.

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Difference here in my mind is they can’t shake people off amc... this is going to be wild.

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This is where you separate the wheat from the chaff.

I personally know people that bought low, bought high and averaged down, and bought at $42. The common thing among them is, they certainly can see just how how this can go. I was getting ridiculed 2,3,4,5 months ago by the same crowd, still shite-slinging today. Meanwhile, I'm now looking at how to lower the tax burden I'm going to incur when I do, eventually sell. A tax that is probably more Chitstain makes in a year.

Earlier today, a resident Debbie Downer advised everyone not to listen to, or take my advice. He has made zero on this stock, while being here, everyday, day after day, basically telling everyone to stay away for the last 6 months. I was also called a psycho. That came from another Debbie Downer who shite talks this stock on a daily, if not hourly basis. He did admit to going short at one point, and lost his entire investment. So tell me, who is the psycho?

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Earlier today, a resident Debbie Downer advised everyone not to listen to, or take my advice. He has made zero on this stock, while being here, everyday, day after day, basically telling everyone to stay away for the last 6 months.

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I said not to listen to your logic or reasoning because it’s complete horseshite. Either you’re too ignorant to know it’s wrong, which is unfortunate, or you know exactly what you’re doing and essentially trying to mislead people out of their money. If people want to buy the stock because you’ve been high on it and it’s gone up, that’s fine, but every single reason you’ve laid out for why it should go up is demonstrably false. The fact that the stock has gone up doesn’t change a single thing about that, and people deserve to know you’re basically pulling shite out of your arse and passing it off as research and/or facts.

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Wait, why can’t they vote?

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I like that he ignored this