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re: Holding AMC Thread- Diamond hands unite

Posted on 6/16/21 at 8:48 am to
Posted by greygoose
Member since Aug 2013
12817 posts
Posted on 6/16/21 at 8:48 am to
quote:

Honestly who the hell knows...some people will enter the game late... some will hold too long... I have my plan but everyone has a plan until they are punched in the mouth. I will watch some indicators(numbers), volume, etc. based on all the prior squeezes that I have researched. I don't expect that I will sell on the apex.... I doubt I am that lucky. However, I know numbers and I know people so I feel good at the moment. Everyone needs to do whats best for them... this is a play not a traditional investment so crazy shite can happen. Buyer beware!

My thoughts exactly.
Posted by greygoose
Member since Aug 2013
12817 posts
Posted on 6/16/21 at 8:52 am to
quote:

What should we be looking for? Volume is still thru the roof.

This man has done his homework. Big swings are going to be your first indicator.

quote:

There will probably be big swings in price in a given day... like crazy swings ($100+-).

Posted by rocket31
Member since Jan 2008
41861 posts
Posted on 6/16/21 at 8:53 am to
meme stocks getting rekt before jpows speech..who woulda guessed it
Posted by greygoose
Member since Aug 2013
12817 posts
Posted on 6/16/21 at 9:01 am to
quote:

meme stocks getting rekt before jpows speech..who woulda guessed it

Also known as "buying opportunity"!
Posted by WDE24
Member since Oct 2010
54697 posts
Posted on 6/16/21 at 9:11 am to
quote:

I truly believe, and put a bunch of money on this belief, that we are about to see something that has rarely been seen.
So what are you up to in price per share?
Posted by greygoose
Member since Aug 2013
12817 posts
Posted on 6/16/21 at 9:29 am to
quote:

meme stocks getting rekt before jpows speech..who woulda guessed it
AMC was at $54.26 when you posted that.

quote:

Also known as "buying opportunity"!


Currently at $55.79
Posted by greygoose
Member since Aug 2013
12817 posts
Posted on 6/16/21 at 9:29 am to
quote:

So what are you up to in price per share?
My average is about $10.50/share
Posted by southpawcock
Member since Oct 2015
16072 posts
Posted on 6/16/21 at 10:18 am to
Looks like it could be time to buy this dip? Or let it dip more?
Posted by ItNeverRains
Offugeaux
Member since Oct 2007
28166 posts
Posted on 6/16/21 at 10:22 am to
I’ve got a $50 buy set up. SSR off tomorrow should be able to swing that back up. Friday will be out except for my core 500 shares I’m willing to ride back down to 10
Posted by greygoose
Member since Aug 2013
12817 posts
Posted on 6/16/21 at 10:34 am to
quote:

I’ve got a $50 buy set up. SSR off tomorrow should be able to swing that back up. Friday will be out except for my core 500 shares I’m willing to ride back down to 10

FED Chair will speak at 1:30pm Central. The overall market is hinging on his remarks.
Posted by slackster
Houston
Member since Mar 2009
90090 posts
Posted on 6/16/21 at 10:36 am to
quote:

SSR off tomorrow should be able to swing that back up.


Why is it SSR? I don’t believe it’s restricted right now.
Posted by greygoose
Member since Aug 2013
12817 posts
Posted on 6/16/21 at 10:43 am to
quote:

Why is it SSR? I don’t believe it’s restricted right now.

It dropped below 10%.
Posted by slackster
Houston
Member since Mar 2009
90090 posts
Posted on 6/16/21 at 10:51 am to
Looks like 28k or so ITM call options have been closed today. Read an article earlier today that mentioned quadruple witching this Friday may actually hurt meme stocks as people look to take their profits instead of exercising and market makers are able to sell stock they purchased to hedge.

I guess we’ll see.
Posted by slackster
Houston
Member since Mar 2009
90090 posts
Posted on 6/16/21 at 10:55 am to
quote:

It dropped below 10%


Gotcha - wasn’t looking at the intraday movement.
Posted by RockinDood
Member since Aug 2020
1022 posts
Posted on 6/16/21 at 11:30 am to
So what are we doing? I have been out and in a few times, made some gains each time. I’m out right now thinking of getting back in but watching this downward trend. Are we just kinda waiting on the conf at 1:30? What are we looking to see/hear?
Posted by greygoose
Member since Aug 2013
12817 posts
Posted on 6/16/21 at 11:34 am to
quote:

So what are we doing? I have been out and in a few times, made some gains each time. I’m out right now thinking of getting back in but watching this downward trend. Are we just kinda waiting on the conf at 1:30? What are we looking to see/hear?
Wouldn't surprise me if it fell to $49 leading into the fed announcement, then rip this afternoon and into AH. Just my $.02
Posted by RockinDood
Member since Aug 2020
1022 posts
Posted on 6/16/21 at 11:37 am to
quote:

Wouldn't surprise me if it fell to $49 leading into the fed announcement, then rip this afternoon and into AH. Just my $.02


I approve of this message.

What are we WANTING to hear from the fed announcement and what could we hear that would be negative?
Posted by greygoose
Member since Aug 2013
12817 posts
Posted on 6/16/21 at 11:44 am to
quote:

What are we WANTING to hear from the fed announcement and what could we hear that would be negative?

Highly doubtful due to political pressure.
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
34172 posts
Posted on 6/16/21 at 11:45 am to
[/quote]
quote:

Wouldn't surprise me if it fell to $49 leading into the fed announcement,


So now this stock is going to follow larger market and economic dynamics?

That'd be a first.
This post was edited on 6/16/21 at 11:46 am
Posted by greygoose
Member since Aug 2013
12817 posts
Posted on 6/16/21 at 11:50 am to
quote:

That'd be a first.
So is the next time you see a vagina without looking in a mirror.
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