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re: Holding AMC Thread- Diamond hands unite

Posted on 7/7/21 at 7:24 am to
Posted by el Gaucho
He/They
Member since Dec 2010
56984 posts
Posted on 7/7/21 at 7:24 am to
Slackster, I would be honored if you went and shite on my play in the thread below this one
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
34172 posts
Posted on 7/7/21 at 8:58 am to
quote:

Squatch how much do you have invested in AMC


I think he has 215 shares or something close to it. I encouraged him to at least take some profits when it was in the 60s, but he wasn't having it.

And I can't tell if he's serious about 10k+, but if so it is completely delusional and a case study in the impact of propaganda.
Posted by rocket31
Member since Jan 2008
41861 posts
Posted on 7/7/21 at 9:17 am to
why is it falling today
Posted by slackster
Houston
Member since Mar 2009
90090 posts
Posted on 7/7/21 at 9:17 am to
quote:

Slackster, I would be honored if you went and shite on my play in the thread below this one


Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
34172 posts
Posted on 7/7/21 at 9:28 am to
quote:

why is it falling today


My $.02 would be that it's always been a momentum play, and consisted of retail buying from retail (and AMC). At some point they don't have the liquidity to continue to drive it up.

This thing was always an orange compared to the apple that was the GME squeeze.
This post was edited on 7/7/21 at 9:29 am
Posted by jangalang
Member since Dec 2014
45481 posts
Posted on 7/7/21 at 11:45 am to
How are the bulls….err…apes doing today?
Posted by southpawcock
Member since Oct 2015
16072 posts
Posted on 7/7/21 at 6:21 pm to
What’s gonna happen next?
Posted by slackster
Houston
Member since Mar 2009
90090 posts
Posted on 7/7/21 at 6:55 pm to
Idk, but the whole meme world has had a tough week so far. Makes you wonder if the Reddit buyers have run out of capital.
This post was edited on 7/7/21 at 6:55 pm
Posted by Dude20
Member since Oct 2020
570 posts
Posted on 7/7/21 at 7:45 pm to
Hopefully it drops into the 30’s soon. I’ve got put options on AMC now. Bought 300 shares at $8 sold at $67. Also bought calls on the way up.

I’m not an ape. Lol I just like money
Posted by NoSaint
Member since Jun 2011
12085 posts
Posted on 7/7/21 at 8:30 pm to
quote:

but the whole meme world has had a tough week so far. Makes you wonder if the Reddit buyers have run out of capital.
or just a soft post holiday weekend week

Wouldn’t be shocked to see a little coasting leading up to another volatile ride in a few weeks
Posted by slackster
Houston
Member since Mar 2009
90090 posts
Posted on 7/8/21 at 6:27 am to
quote:

or just a soft post holiday weekend week


Down another 8.5% in premarket right now. Being down roughly 20% in the last weeks seems like a little more than a soft week.

The most recent low it hit during the $72 week was $39.71. It found a lot of support at that level and quickly bounced back. It will be interesting to see to see if it breaks that level this time around.
Posted by jangalang
Member since Dec 2014
45481 posts
Posted on 7/8/21 at 8:29 am to
It will hit 30. Possibly as low as 18. Apes forgot how to do ape things apparently.
Posted by Hogwallop
Member since Jul 2021
413 posts
Posted on 7/8/21 at 8:59 am to
300@40.43 for swing

still holding 600@19
Posted by CidCock
Member since Sep 2007
Member since Feb 2011
8675 posts
Posted on 7/8/21 at 10:54 am to
what a wild ride today has been.
Posted by Sasquatch2020
Member since Oct 2020
519 posts
Posted on 7/8/21 at 11:10 am to
Tic toc!

32k per share is coming soon enough
Posted by Hogwallop
Member since Jul 2021
413 posts
Posted on 7/8/21 at 11:14 am to
quote:

300@40.43 for swing


Sold 300 @47.5
Posted by slackster
Houston
Member since Mar 2009
90090 posts
Posted on 7/8/21 at 11:36 am to
quote:

300@40.43 for swing


Sold 300 @47.5


Nice trade.
Posted by CidCock
Member since Sep 2007
Member since Feb 2011
8675 posts
Posted on 7/8/21 at 11:50 am to
quote:

It will hit 30. Possibly as low as 18. Apes forgot how to do ape things apparently.


Before or after it hits $50?
Posted by slackster
Houston
Member since Mar 2009
90090 posts
Posted on 7/8/21 at 12:02 pm to
quote:

Before or after it hits $50?


Who the hell knows.

Two weeks ago the thought was it would test $70 before it tested $40, and we see how that turned out.
Posted by CidCock
Member since Sep 2007
Member since Feb 2011
8675 posts
Posted on 7/8/21 at 12:10 pm to
Oh, I agree - no one knows.

The volatility is real, but the sentiment of several board members is to relish anytime it goes down, but when it goes up - it doesn't matter.
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