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re: Holding AMC Thread- Diamond hands unite

Posted on 6/18/21 at 9:58 pm to
Posted by greygoose
Member since Aug 2013
15038 posts
Posted on 6/18/21 at 9:58 pm to
quote:

You seem to be an AMC shaman, and your predictions are probably true, but at least entertain me about when it should end. If it gains 15% next week that puts it in the 70s. Then the following week is looking just as good? At this point the market cap of the stock probably exceeds the GDP of the entire African continent.
Your guess is as good as mine, but time is on retails side, not the shorts.
Posted by slackster
Houston
Member since Mar 2009
91836 posts
Posted on 6/18/21 at 11:03 pm to
quote:

Are we under the impression it spins backwards and everyone’s not up 5-10x on this if you pick another day?




It’s a joke about 6/2 being the high close.

And no, everyone’s not up 5-10x on this stock.
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
36875 posts
Posted on 6/19/21 at 12:46 am to
quote:

And no, everyone’s not up 5-10x on this stock


Greyparrot is. Every time he recalculates his cost basis he's up more. Oddly enough, despite picking up more shares in the 50s and 60s*!

*allegedly
This post was edited on 6/19/21 at 12:59 am
Posted by NOLAGT
Over there
Member since Dec 2012
14005 posts
Posted on 6/19/21 at 6:29 am to
I got in late I’m only up 3x at the moment. I’ll try to time the exit and watch y’all bicker. If I could drink at work it would be as entertaining as the casino table
Posted by greygoose
Member since Aug 2013
15038 posts
Posted on 6/19/21 at 6:48 am to
[/img]
Posted by greygoose
Member since Aug 2013
15038 posts
Posted on 6/19/21 at 12:51 pm to
I'll just leave this right here, and wait for the naysayers to tell me she doesn't know what she's talking about.

LINK

quote:

"In some of the meme stocks that we've seen, or stocks that have a high level of retail participation, the vast majority of order flow can trade off of exchanges, which is problematic," said Stacey Cunningham, president of Intercontinental Exchange Inc's (ICE.N) NYSE.

"That price formation is not really reflective of what supply and demand is," she said at a conference hosted by CNBC.
Posted by NoSaint
Member since Jun 2011
12674 posts
Posted on 6/19/21 at 1:38 pm to
quote:

And no, everyone’s not up 5-10x on this stock.


Clearly I don’t mean every person in the world holding it but all buyers that have been in this thread for months are unless they got in right at 20 back early in the year and are only 3x... or if they have just added a position the last few weeks.

Generally speaking anyone you are bickering with is going to be roughly a 5-10x ($6-$12 buy ins most of the winter/spring)...
This post was edited on 6/19/21 at 2:34 pm
Posted by ItNeverRains
Offugeaux
Member since Oct 2007
28166 posts
Posted on 6/19/21 at 3:22 pm to
I’m up 6x
Posted by Sasquatch2020
Member since Oct 2020
519 posts
Posted on 6/19/21 at 5:06 pm to
Crazy to think at some point we will be sitting at 1-5k a share soon. Paytience boys
Posted by LlyodChristmas
The Abandoned Jazzland
Member since Jan 2013
2189 posts
Posted on 6/19/21 at 5:27 pm to
The way i look at it is this:
if you bought in at $10 or less- There’s no reason to sell.
If you bought in later than others- You’re gambling but I’d still hold.

Regardless we fricking ride baws!
Posted by greygoose
Member since Aug 2013
15038 posts
Posted on 6/19/21 at 5:55 pm to
quote:

The way i look at it is this:
if you bought in at $10 or less- There’s no reason to sell.
If you bought in later than others- You’re gambling but I’d still hold.

Regardless we fricking ride baws!


It will hit an all-time high next week.
Posted by Hotgin
Kazakhstan
Member since Jan 2014
1542 posts
Posted on 6/19/21 at 5:58 pm to
Good times ahead!!
Posted by Who_Dat_Tiger
Member since Nov 2015
25497 posts
Posted on 6/19/21 at 7:24 pm to
quote:

The way i look at it is this:
if you bought in at $10 or less


Can’t believe I sold at $18 when I doubled my money

Have always held onto all my GME stock though believing that’s where I was going to moon from $180. I always pick the lottery numbers wrong though
Posted by slater
Member since Dec 2020
51 posts
Posted on 6/19/21 at 8:53 pm to
quote:

It will hit an all-time high next week.
-----------------------------------------------------------------------------------

im on your side in this shitshow of a thread, but your comment aint saying much....
week after week, has mostly gone up as recently...
This post was edited on 6/19/21 at 8:56 pm
Posted by NoSaint
Member since Jun 2011
12674 posts
Posted on 6/19/21 at 9:24 pm to
quote:


im on your side in this shitshow of a thread, but your comment aint saying much....
week after week, has mostly gone up as recently...


In a thread where he’s taking fire that it’s all going to crash and burn around him declaring an all time high is coming isn’t nothing
Posted by greygoose
Member since Aug 2013
15038 posts
Posted on 6/19/21 at 10:17 pm to
quote:

im on your side in this shitshow of a thread, but your comment aint saying much....
week after week, has mostly gone up as recently...
Do a little homework on my posts. I called this long before it started on it's current trajectory.

quote:

bluebarracuda

quote:

Posted on 5/17/21 at 9:55 pm to greygoose

quote:

IS THIS THE FRIDAY IT"S GONNA HAPPEN!?



quote:

greygoose

quote:

Posted on 5/18/21 at 7:22 am to bluebarracuda

quote:

Somewhere around June 2nd when the true shares are counted. I hope you don't hold a short position like some here.



Now go back and look at what happened "around June 2nd".

You're welcome.

Posted by greygoose
Member since Aug 2013
15038 posts
Posted on 6/19/21 at 10:24 pm to
quote:

Can’t believe I sold at $18 when I doubled my money

Have always held onto all my GME stock though believing that’s where I was going to moon from $180. I always pick the lottery numbers wrong though




You must've listened to this guy:

quote:

MusclesofBrussels

quote:

Posted on 5/13/21 at 10:30 am to greygoose

quote:

Y'all need to forget about AMC and look to GME before you miss out on the MOASS.


Jean Claude!
Posted by MusclesofBrussels
Member since Dec 2015
4981 posts
Posted on 6/19/21 at 10:53 pm to


I was clearly joking. Although, as stupid as the MOASS theories are, it still makes way more sense for GME vs AMC.
Posted by greygoose
Member since Aug 2013
15038 posts
Posted on 6/20/21 at 5:58 am to
quote:

I was clearly joking. Although, as stupid as the MOASS theories are, it still makes way more sense for GME vs AMC.

Hilarious joke, considering AMC is up 5x since your post. Go back to training for the kumite, Jean Claude.
Posted by greygoose
Member since Aug 2013
15038 posts
Posted on 6/20/21 at 6:03 am to
quote:

I was clearly joking. Although, as stupid as the MOASS theories are, it still makes way more sense for GME vs AMC.



I do have to say, your joke wasn't near as funny as this one:

quote:

Chitown_Badger aka Chitstain

quote:

Posted on 5/4/21 at 10:21 am to Chitown_Badger

quote:

So AMC continuing a pretty steady slide today. I took a gander at the AMC subreddit yesterday and came away thinking that that is a textbook case of groupthink, and that 99.5% of those people have absolutely no clue what they're doing or what the actual facts around this company and stock are.

When it goes up they say they're winning, but as it declines they cheer because they feel like they're getting a sale and will buy more...completely dismissing that this and any continued decline gives any shorts ample opportunities to exit their positions with significant profits. But yet, they're still convinced the squeeze is in play,
quote:

despite all available data confirming they're delusional.


I'm holding a few 5/14 $7.50 puts that likely won't end in the money, but they're keeping me in this game and entertained.


That's how you write a joke. Keeps getting funnier everytime I read it!
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