Started By
Message

re: Holding AMC Thread- Diamond hands unite

Posted on 6/15/21 at 11:01 am to
Posted by EveryoneGetsATrophy
Member since Nov 2017
2907 posts
Posted on 6/15/21 at 11:01 am to
quote:

We going down now to market close?


Jeezus negative Nancy.
Posted by ItNeverRains
Offugeaux
Member since Oct 2007
28166 posts
Posted on 6/15/21 at 11:04 am to
$57 floor $65 ceiling walls right now
This post was edited on 6/15/21 at 2:05 pm
Posted by Bazzatcha
Member since May 2017
867 posts
Posted on 6/15/21 at 11:06 am to
quote:

We going down now to market close?


Just a little dip before the rip... don't worry this isn't gonna drop below 30 today. lol Diamond hands baby
Posted by NOLAGT
Over there
Member since Dec 2012
13807 posts
Posted on 6/15/21 at 11:57 am to
Dat high noon chart be like


Posted by ItNeverRains
Offugeaux
Member since Oct 2007
28166 posts
Posted on 6/15/21 at 12:09 pm to
Sold 500 shares earlier at 62.82 bought 500 back 58.24. Holding 500 strong but you can scalp these little pullbacks and take profits.
Posted by Upperdecker
St. George, LA
Member since Nov 2014
31876 posts
Posted on 6/15/21 at 12:14 pm to
quote:

I know one thing. You screwed up when you dumped your position!

I screwed up when I made more money elsewhere?
Posted by NOLAGT
Over there
Member since Dec 2012
13807 posts
Posted on 6/15/21 at 12:14 pm to
I thought about it a few times but my luck id sell and get busy at work and miss the dip and catch a rip. I am just bumping along with my 100 shares @ 20
Posted by greygoose
Member since Aug 2013
12816 posts
Posted on 6/15/21 at 2:06 pm to
quote:

I screwed up when I made more money elsewhere?
WOW! 100-1000% gains on other stocks? Do tell!
Posted by greygoose
Member since Aug 2013
12816 posts
Posted on 6/15/21 at 2:07 pm to
quote:

$57 floor $65 ceiling walls right now
The only number that matters right now, is $40.
Posted by slackster
Houston
Member since Mar 2009
90087 posts
Posted on 6/15/21 at 2:13 pm to
quote:

Institutions in January:

“Guys, here’s the play, we lose billions shorting AMC and let retails make 1200% gains in some cases, then when they least expect it, we pull the rug and leave them hung out to dry.”

I’m selling my entire position now. Thanks


That’s not at all what I said.

I’m saying hedge funds are cutthroat. It’s not just short hedges out there. Far more money is long, so I have little doubt the long funds are trying to organize pump and eventual dumps through those platforms too.

The idea that the only people making money on WSB stocks are retail investors is incorrect. I wouldn’t be surprised if they’re the minority now.
Posted by greygoose
Member since Aug 2013
12816 posts
Posted on 6/15/21 at 2:18 pm to
quote:

I thought about it a few times but my luck id sell and get busy at work and miss the dip and catch a rip. I am just bumping along with my 100 shares @ 20
That's my thoughts, as well.

I do think the hedges that desperately need this below $40 before the end of the day on Friday, will pull out every trick in the book to try to get that.
Posted by Rize
Spring Texas
Member since Sep 2011
17454 posts
Posted on 6/15/21 at 5:24 pm to
quote:

I thought about it a few times but my luck id sell and get busy at work and miss the dip and catch a rip. I am just bumping along with my 100 shares @ 20



I’ve got 100 at $30.00. Tried getting in when it was in the teens but it took several days for my funds to clear E*TRADE app.

I’ll be 40 in two weeks and AMC is the first stock I have ever bought. Jumped into crypto too.

Only thing doing good is amc There’s a reason I don’t invest in the stockamarket my self.
Posted by slackster
Houston
Member since Mar 2009
90087 posts
Posted on 6/15/21 at 5:51 pm to
quote:

do think the hedges that desperately need this below $40 before the end of the day on Friday, will pull out every trick in the book to try to get that.


There are around 29 million shares potentially exposed on Friday between $40-$70, but on a stock that routinely trades 200+ million shares a day, it’s hard to see this gamma squeeze materializing. However, what do I know?
This post was edited on 6/15/21 at 7:20 pm
Posted by greygoose
Member since Aug 2013
12816 posts
Posted on 6/15/21 at 7:33 pm to
quote:

However, what do I know?
Agreed.
Posted by greygoose
Member since Aug 2013
12816 posts
Posted on 6/15/21 at 7:44 pm to
quote:

There are around 29 million shares potentially exposed on Friday between $40-$70,
>486K contracts with open interest from $60-.50.

Care to do the math on how many shares will have to be supplied if they all choose to exercise their option?

Bonus question: How much in dollars will have to be spent to supply those shares?
Posted by slackster
Houston
Member since Mar 2009
90087 posts
Posted on 6/15/21 at 8:25 pm to
quote:

Care to do the math on how many shares will have to be supplied if they all choose to exercise their option?


Somewhere between 0 and 48.6 million shares. Unlikely that they’re all still exposed.
quote:

Bonus question: How much in dollars will have to be spent to supply those shares?


Hard to know without knowing how many shares need to be secured.

My question still remains though - how hard is it to secure the shares given the massive volumes? We know there are plenty of willing sellers out there.
Posted by southpawcock
Member since Oct 2015
16072 posts
Posted on 6/15/21 at 8:26 pm to
We eclipsing today’s high tomorrow?
Posted by greygoose
Member since Aug 2013
12816 posts
Posted on 6/15/21 at 9:02 pm to
quote:

We eclipsing today’s high tomorrow?


Hard to say. There will be a concerted effort to lower the price due to expiring options this Friday. shite ton of money at stake if it closes above $40. Even more if it closes above $60. Anyone that watched the price movement today, could see that someone definitely doesn't want it above $60. It barcoded all afternoon and into afterhours.
Posted by greygoose
Member since Aug 2013
12816 posts
Posted on 6/15/21 at 9:07 pm to
quote:

Hard to know without knowing how many shares need to be secured.

Here, I'll help you out. If it closes above $60 on Friday, $2.9 BILLION will have to be spent to buy shares if all the contracts chose to exercise. That will be on top of normal trading. T-2 day would be Wednesday, next week.

There's your gamma squeeze.
Posted by greygoose
Member since Aug 2013
12816 posts
Posted on 6/15/21 at 9:09 pm to
quote:

Hard to know without knowing how many shares need to be secured.

Keep in mind, we are near 100% utilization, also.
Jump to page
Page First 215 216 217 218 219 ... 276
Jump to page
first pageprev pagePage 217 of 276Next pagelast page

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on X, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookXInstagram