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re: Holding AMC Thread- Diamond hands unite

Posted on 6/24/21 at 11:19 pm to
Posted by MusclesofBrussels
Member since Dec 2015
4863 posts
Posted on 6/24/21 at 11:19 pm to
quote:

It’s going to happen. There would have to be straight criminal bs to happen to prevent it. They are going to go bankrupt as they drag it out. Sec rules that have been approved will speed the process up. Know you own a lottery tix. I know it will be hard not to sell at 500 but it’s going higher. Be an ape and adopt that mentality. Hold for wealth.


Posted by Sasquatch2020
Member since Oct 2020
519 posts
Posted on 6/25/21 at 8:08 am to
this is not going past 100 or 500 my arse!!! the FUD is real here and in the news!

What are they scared of

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This post was edited on 6/25/21 at 8:10 am
Posted by CajunTiger78
Member since Aug 2017
2879 posts
Posted on 6/25/21 at 9:08 am to
Sasquach just curious what you have invested in AMC my friend? You may have already stated this but I cannot recall. Understand if you are not willing to say. As for me I have quite a bit, currently in for 45K with an avg share price of 13.54
Posted by UltimaParadox
North Carolina
Member since Nov 2008
47395 posts
Posted on 6/25/21 at 9:12 am to
quote:

What are they scared of


Click bait articles attract clicks from lots of people who FOMOed into the stock.

This happens with literally every stock.

If anything most of those are weeks old, sounds like they have moved onto the next click bait headlines
Posted by playmakers in space
Member since Sep 2018
1577 posts
Posted on 6/25/21 at 9:30 am to
quote:

I like the conviction but this reminds me of when GME was popping off. People were spewing out numbers like 500 bucks, 1000 bucks, it’s not going to that point my brotha.


GME got to 480 before buying was halted out of the blue by several different exchanges. Just a few weeks ago it got back over 350. 500 bucks wasn't unreasonable at all.
Posted by cgrand
HAMMOND
Member since Oct 2009
43698 posts
Posted on 6/25/21 at 9:47 am to
quote:


GME got to 480 before buying was halted out of the blue by several different exchanges. Just a few weeks ago it got back over 350. 500 bucks wasn't unreasonable at all.

"this" stock is $500!!
that means "that" stock can get to $500 too!

mother of god
Posted by TigerDeBaiter
Member since Dec 2010
10489 posts
Posted on 6/25/21 at 9:54 am to
The retardation is astonishing.
Posted by AA7
Birmingham, AL
Member since Nov 2009
27971 posts
Posted on 6/25/21 at 10:00 am to
And Bitcoin almost got to $65k so obviously that’s the actual top for AMC
Posted by cgrand
HAMMOND
Member since Oct 2009
43698 posts
Posted on 6/25/21 at 10:18 am to
quote:

And Bitcoin almost got to $65k so obviously that’s the actual top for AMC

hesrightyouknow.jpeg
Posted by playmakers in space
Member since Sep 2018
1577 posts
Posted on 6/25/21 at 12:41 pm to
quote:

"this" stock is $500!!
that means "that" stock can get to $500 too!

mother of god


That's not what I said at all.
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
34187 posts
Posted on 6/25/21 at 12:42 pm to
What, exactly, were you suggesting relative to AMC then?
Posted by playmakers in space
Member since Sep 2018
1577 posts
Posted on 6/25/21 at 12:45 pm to
The guy made a comment that people claiming GME could get to $500 were being unreasonable and that it would never happen. I pointed out that it nearly hit that mark and almost certainly would have if buying wasn't halted.

I have no idea where AMC is going to end up and think the $1K/$100K PTs are absurd, but I also never thought it would move past $25 and yet here we are. No need for the strawmen or condescension.
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
34187 posts
Posted on 6/25/21 at 12:53 pm to
quote:

No need for the strawmen or condescension.


quote:

the $1K/$100K PTs are absurd


Sasquatch would consider that condescending. He's convinced it's going to well over $1k.
This post was edited on 6/25/21 at 12:55 pm
Posted by Richleau
Member since Dec 2018
3305 posts
Posted on 6/25/21 at 1:47 pm to
Did you happen to read the rest of my post? “These hedgies don’t play by the same rules.” Come on brotha.
This post was edited on 6/25/21 at 1:50 pm
Posted by slackster
Houston
Member since Mar 2009
90105 posts
Posted on 6/25/21 at 3:48 pm to
quote:

Do you think it’s losing steam, or are people just waiting to see which side breaks first?


Volume was even lower today and today is typically the highest volume day of the year for the average stock.

The slow bleed in stock price the last few days is going to be viewed positively by either side. Slow price movement snd low volume suggests relatively few are selling en masse. However, the lack of any big moves to the upside and the low volume suggests there are limited buyers.

Not sure what the next catalyst is going to be now that the reconstitution of the Russell indexes has come and gone.
Posted by cgrand
HAMMOND
Member since Oct 2009
43698 posts
Posted on 6/25/21 at 3:53 pm to
quote:

Slow price movement snd low volume suggests relatively few are selling en masse. However, the lack of any big moves to the upside and the low volume suggests there are limited buyers.

cant buy without a seller
cant sell without a buyer
Posted by slackster
Houston
Member since Mar 2009
90105 posts
Posted on 6/25/21 at 3:54 pm to
quote:

cant buy without a seller
cant sell without a buyer


Oh I know, just laying out how it can be spun either way.
Posted by greygoose
Member since Aug 2013
12828 posts
Posted on 6/25/21 at 10:38 pm to
quote:

cant buy without a seller
cant sell without a buyer

Meanwhile, hedges that shorted, are bleeding money.

I'm a fan of the volume and price action this week. There has been a definite shift.
Posted by greygoose
Member since Aug 2013
12828 posts
Posted on 6/28/21 at 9:03 am to
The train is leaving the station. Choo Choo!
Posted by greygoose
Member since Aug 2013
12828 posts
Posted on 6/28/21 at 10:29 am to
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