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re: Holding AMC Thread- Diamond hands unite

Posted on 7/8/21 at 12:10 pm to
Posted by EveryoneGetsATrophy
Member since Nov 2017
2907 posts
Posted on 7/8/21 at 12:10 pm to
I love when people make predictions. He never gave a date for 18.00 though, so sooner or later he might be right?
Posted by NoSaint
Member since Jun 2011
12085 posts
Posted on 7/8/21 at 12:41 pm to
quote:

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.


Yup. Plus or minus 10-20% is in pretty normal variance these days. Cant go too crazy either direction unless it’s really breaking out of the ranges it’s been in.
Posted by MusclesofBrussels
Member since Dec 2015
4863 posts
Posted on 7/8/21 at 12:43 pm to
quote:

Tic toc!

32k per share is coming soon enough




I really hope for your sake that you're just role playing a crazy reddit conspiracy theorist on here and don't actually believe what you've posted in this thread.
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
34172 posts
Posted on 7/8/21 at 12:44 pm to
quote:

I love when people make predictions. He never gave a date for 18.00 though, so sooner or later he might be right?


I wanna get sasquatch on record for when we'll see $1k.
Posted by greygoose
Member since Aug 2013
12816 posts
Posted on 7/8/21 at 1:00 pm to
quote:

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

Can't wait for the next prediction!
Posted by EveryoneGetsATrophy
Member since Nov 2017
2907 posts
Posted on 7/8/21 at 1:40 pm to
I'm not holding my breath for 1k either.
Posted by WDE24
Member since Oct 2010
54697 posts
Posted on 7/8/21 at 2:01 pm to
quote:

I think I’m going to go on record… it squeezes so hard it goes to 10k in an instant. I’m hoping it shoots to 30k in an instant
Only going to hit 1k on the ride back down. It’s going 10k-30k in an instant.
Posted by jangalang
Member since Dec 2014
45478 posts
Posted on 7/8/21 at 3:34 pm to
quote:

The volatility is real, but the sentiment of several board members is to relish anytime it goes down

Sasquatch earned every one of those posts plus more.
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
34172 posts
Posted on 7/8/21 at 5:40 pm to
quote:

Can't wait for the next prediction!


Dis you from 6/28, when it closed at $58.11?

quote:

The train is leaving the station. Choo Choo!


This post was edited on 7/8/21 at 5:42 pm
Posted by greygoose
Member since Aug 2013
12816 posts
Posted on 7/9/21 at 7:50 am to
quote:

Chitown_Badger

Tell us more, "Mr. I bought puts just before the price exploded". Your timing is almost as awesome as your posts.
Posted by slackster
Houston
Member since Mar 2009
90087 posts
Posted on 7/9/21 at 3:43 pm to
Weird day.
Posted by Dude20
Member since Oct 2020
570 posts
Posted on 7/9/21 at 4:15 pm to
I’m confused asf.

I bought a put $50 option this morning on $SPCE, breakeven point was $48.76. It hit $48.65 around 2:30pm before close but I noticed it was “sold to close” at 2:05pm with .81 limit sell.

Why the frick did it close before expiration?
Posted by greygoose
Member since Aug 2013
12816 posts
Posted on 7/9/21 at 9:41 pm to
quote:

Weird day.
Calm before the storm. Catalyst, good or bad, will be the box office numbers from this weekend. Good numbers will push it higher, much higher. Then FOMO. Then unbearable pressure on the shorts, FTDs, etc.

Remember.........retail own 80% of this!
Posted by UltimaParadox
North Carolina
Member since Nov 2008
47389 posts
Posted on 7/9/21 at 9:47 pm to
quote:

Catalyst, good or bad, will be the box office numbers from this weekend. Good numbers will push it higher, much higher.


Lol we have moved back to the business actually matters to stock price again.
Posted by greygoose
Member since Aug 2013
12816 posts
Posted on 7/9/21 at 10:03 pm to
quote:

Lol we have moved back to the business actually matters to stock price again.

One hand shakes the other. Explain the jump from $5 to $70.
Posted by UltimaParadox
North Carolina
Member since Nov 2008
47389 posts
Posted on 7/9/21 at 10:20 pm to
quote:

Explain the jump from $5 to $70.


Nothing to do with the underlying business.. Short squeeze and fomo.

The stock is insanely over valued from a business point of view. They can never grow earnings into the current valuation.
Posted by greygoose
Member since Aug 2013
12816 posts
Posted on 7/9/21 at 11:04 pm to
quote:

Nothing to do with the underlying business.. Short squeeze and fomo.

The stock is insanely over valued from a business point of view. They can never grow earnings into the current valuation.

So, good business doesn't help in the case of a short squeeze and FOMO? Like I said, way back in April, everything helps push this further up and puts the hedges who are underwater, in an even more precarious situation.
Posted by slackster
Houston
Member since Mar 2009
90087 posts
Posted on 7/10/21 at 4:13 am to
quote:

Then unbearable pressure on the shorts, FTDs, etc.


AMC was removed from the threshold securities lists. Guess all those FTDs are squared away.
Posted by UltimaParadox
North Carolina
Member since Nov 2008
47389 posts
Posted on 7/10/21 at 8:30 am to
quote:

good business doesn't help in the case of a short squeeze and FOMO?


They literally can't generate enough business to move the stock from a valuation point of view. This company before covid was valued at 750M dollars (2019), now it is valued at almost 25 billion. Even if they sold out every theater... They should still be over valued based on their peers. Besides the fact they are still massively in debt and losing money.

You asked me how it got to it's current valuation. At this point the only way to move the stock forward is further speculation of a another short squeeze.
Posted by Hogwallop
Member since Jul 2021
413 posts
Posted on 7/12/21 at 11:29 am to
300 @42.83 for swing
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