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re: Holding AMC Thread- Diamond hands unite

Posted on 7/16/21 at 8:47 am to
Posted by rocket31
Member since Jan 2008
41861 posts
Posted on 7/16/21 at 8:47 am to
so if you sold it all now that's a ~20% win in just a few months?

yea some of you baws are gonna get rekt for being greedy

Posted by jangalang
Member since Dec 2014
45449 posts
Posted on 7/16/21 at 8:52 am to
quote:

yea some of you baws are gonna get rekt for being greedy

Holding until the stock hit a certain price is the stupidest thing I ever heard of. Better benchmarks of scaling out are 10%, 20%, and so on.

The apes gonna soon realize there is no sunshine when she is gone.
This post was edited on 7/16/21 at 8:53 am
Posted by slackster
Houston
Member since Mar 2009
90020 posts
Posted on 7/16/21 at 9:08 am to
quote:

AMC will see $100 before it will see $20 again.


Bookmarked.

ETA- I remember when y’all were certain it would see $70 again before it would see $40.
This post was edited on 7/16/21 at 9:09 am
Posted by slackster
Houston
Member since Mar 2009
90020 posts
Posted on 7/16/21 at 9:10 am to
quote:

I dont want a Lamborghini....
I want to stop killing myself & just start enjoying life..



So you’ve hitched your wagon to a meme stock and the BS that surrounds it?

Ballsy move.
Posted by slackster
Houston
Member since Mar 2009
90020 posts
Posted on 7/16/21 at 9:17 am to
quote:

quote:
Slackster, whats you current best play?


Upside/downside of AMZN is pretty attractive.

Fancy, I know.



CajunTiger, not sure if you remember this exchange, but since then AMZN is up 13.6% and AMC is down 34%.
Posted by NOLAGT
Over there
Member since Dec 2012
13805 posts
Posted on 7/16/21 at 9:25 am to
I sold out this week at 42.50 for my 100 shares and was in at $20. The steady decline over the last few weeks made me decide to bail. I may regret it if it shoots back up, but at least I didn't lose anything and I made a little over 100%. I don't trade stocks, this is only the 2nd single stock I bought on my own (outside my portfolio with an advisor) so it evened me up on the wash I got with NHMD pancakes in a can
Posted by slackster
Houston
Member since Mar 2009
90020 posts
Posted on 7/16/21 at 9:29 am to
quote:

I sold out this week at 42.50 for my 100 shares and was in at $20. The steady decline over the last few weeks made me decide to bail. I may regret it if it shoots back up, but at least I didn't lose anything and I made a little over 100%.


No shame in that. Ever.
Posted by NOLAGT
Over there
Member since Dec 2012
13805 posts
Posted on 7/16/21 at 9:35 am to
quote:

No shame in that. Ever.



Nope non...but as soon as I posted that, it's on a run-up

You apes are welcome
Posted by CajunTiger78
Member since Aug 2017
2879 posts
Posted on 7/16/21 at 9:37 am to
Slack even with that 30% decline I'm still up 180.5% over all on AMC. And I intially sold enough shares to get my original investment plus about $12K in profit. So while I appreciate you pointing that out I'm still sitting very well with AMC. And I do not plan on bag holding as others swear they will do. I have a jump off plan and it will not all be at once.
Posted by slackster
Houston
Member since Mar 2009
90020 posts
Posted on 7/16/21 at 9:43 am to
quote:

Slack even with that 30% decline I'm still up 180.5% over all on AMC. And I intially sold enough shares to get my original investment plus about $12K in profit.


Awesome. I know these losses the last month and a half aren’t sniffing the entry point for many of you early guys.

quote:

And I do not plan on bag holding as others swear they will do. I have a jump off plan and it will not all be at once.



Posted by NOLAGT
Over there
Member since Dec 2012
13805 posts
Posted on 7/16/21 at 10:00 am to
quote:

aren’t sniffing the entry point for many of you early guys.



That's probably my biggest regret. I've been looking at this thread every now and then when it was in the single digits thinking I should throw some $ at it. Forgot about it for a bit till a friend asked me about it and it was already up to 19-20 that day. If I got in at the single digits id hold a lot longer.
Posted by jangalang
Member since Dec 2014
45449 posts
Posted on 7/16/21 at 10:33 am to
I’m trying to diamond hands legit companies right now that are front running interest rates selloff. I don’t have time for movie theaters.
Posted by FLObserver
Jacksonville
Member since Nov 2005
15247 posts
Posted on 7/16/21 at 10:44 am to
Back in boys ! lets ride . I figure this stock is up every time the market is down. So when do we hit 100? next week?
Posted by lsuconnman
Baton rouge
Member since Feb 2007
3669 posts
Posted on 7/16/21 at 10:45 am to
quote:

quote:
No shame in that. Ever.


Nope non...but as soon as I posted that, it's on a run-up

You apes are welcome


This proves the sentiment changed and the game is over. A month ago it was unacceptable to publicly discuss selling shares…let alone offer approval for any others that do.

I’m convinced anyone still declaring diamond hands or expressing enthusiasm about the opportunity to buy the dip are either trolls or bots.
Posted by Hogwallop
Member since Jul 2021
413 posts
Posted on 7/16/21 at 10:47 am to
When the stock was green every week, it seems Fridays were always strong. Especially afternoon and AH.

Hoping for some of that today
Posted by carlsoda
B Rah
Member since Dec 2009
5776 posts
Posted on 7/16/21 at 11:09 am to
quote:

So you’ve hitched your wagon to a meme stock and the BS that surrounds it?


Why is it BS?

Are you watching the very real manipulation?

Also, why is anAI based fund loading up along with vanguard and blackrock on shares of AMC. Why in the world would they do that? Plus. Have you looked at the maths and share count?

If shorts have to cover, how is holding till they do a bad play?

Best of luck to all. I just love the stock.

quote:

This proves the sentiment changed and the game is over. A month ago it was unacceptable to publicly discuss selling shares…let alone offer approval for any others that do. I’m convinced anyone still declaring diamond hands or expressing enthusiasm about the opportunity to buy the dip are either trolls or bots.


Funny. Game over hahaha good stuff. I think we are still waiting on a massive dip to slingshot. My opinion. Not financial advice
This post was edited on 7/16/21 at 11:14 am
Posted by lsuconnman
Baton rouge
Member since Feb 2007
3669 posts
Posted on 7/16/21 at 11:20 am to
quote:

My opinion. Not financial advice


Thanks for clearing that up.
Posted by southpawcock
Member since Oct 2015
16068 posts
Posted on 7/16/21 at 11:43 am to
Diamond hands!
Posted by UltimaParadox
North Carolina
Member since Nov 2008
47373 posts
Posted on 7/16/21 at 1:23 pm to
quote:

Also, why is anAI based fund loading up along with vanguard and blackrock on shares of AMC. Why in the world would they do that?


Do you know what index funds are? This one keeps coming up and the answer is so simple.
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
34146 posts
Posted on 7/16/21 at 1:38 pm to
quote:

Have you looked at the maths and share count?


Would love to see this, largely for entertainment purposes, but still.
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