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re: Holding AMC Thread- Diamond hands unite

Posted on 7/21/21 at 8:03 am to
Posted by Bazzatcha
Member since May 2017
867 posts
Posted on 7/21/21 at 8:03 am to
You are correct. My math was based on his position at opening yesterday, not closing. I should have added the 41k to the 167k, which puts his current holdings at around 4900 shares.

I've been watching you two go back and forth for the past month although I haven't been following every word, my take was always you not believing he had as much money invested in AMC as he claimed, in addition to his average share price. I don't know about you but 4900 shares is pretty damn strong and you should at least give him credit for proving that.

We know he has been paperhanding the whole time so there is no way for you to guess average share price based on the info I've seen but I can see how his average price could be 9 bucks though. Say he started with 4000 shares and paid 20k at 5 bucks a share. Adding 1000 shares at say 50 bucks makes his average share price only 14 bucks. (70k/5000 = $14/share). That scenario is very plausible and only off 5 bucks a share.
Please tell me what I am missing
Posted by slackster
Houston
Member since Mar 2009
89840 posts
Posted on 7/21/21 at 8:05 am to
quote:

Meanwhile, Zack's gave AMC an upgrade to BUY, today.


Makes perfect sense when they’ve given it an F in all 4 style categories.
Posted by slackster
Houston
Member since Mar 2009
89840 posts
Posted on 7/21/21 at 8:14 am to
quote:

I don't know about you but 4900 shares is pretty damn strong and you should at least give him credit for proving that.


That’s part of my criticism. The guy has posted such misleading shite that instead of getting credit for having a big position he instead has proven the stuff he’s said earlier was a lie.

quote:

Say he started with 4000 shares and paid 20k at 5 bucks a share. Adding 1000 shares at say 50 bucks makes his average share price only 14 bucks. (70k/5000 = $14/share). That scenario is very plausible and only off 5 bucks a share.
Please tell me what I am missing


You’re missing his screenshots and the information he already released. He didn’t buy that many that cheap, and he added 1,135 shares at $58.

The guy was down on Monday on his overall AMC position. That’s a fact.
Posted by greygoose
Member since Aug 2013
12789 posts
Posted on 7/21/21 at 8:37 am to
quote:

That’s part of my criticism. The guy has posted such misleading shite that instead of getting credit for having a big position he instead has proven the stuff he’s said earlier was a lie.

I have not told one lie. Just because you think you know what I have bought, sold, and hold, does not make that a fact. I've given you snapshots of precise moments, not the whole picture album. But keep guessing, I find it very entertaining!
Posted by Happygilmore
Happy Place
Member since Mar 2009
1823 posts
Posted on 7/21/21 at 8:42 am to
Every time he posts a cropped screen shot I think right below it is the same number of shares but in a sell position. I’ve said it before I think he claims is average stock price is down because he sells his position then buys it back soon there after.

Initial investment 1000.00 buys hundred shares at 10. Share goes to 15. He sells for 1500.00. Price goes to 12. He buys 125. He takes his initial investment and divides it by 125, he’s now at 8.00 per share instead of ten.

Whether that’s how it should be calculated or not, I think that’s how he’s representing it.
Posted by greygoose
Member since Aug 2013
12789 posts
Posted on 7/21/21 at 8:50 am to
Here's a purchase I made back in the Spring. Sherlock Slack will now get out the abacus and decipher my holdings, profit, and what I had for breakfast.

[/img]
Posted by southpawcock
Member since Oct 2015
16065 posts
Posted on 7/21/21 at 8:50 am to
Why the upward movement with AMC again? Is this stock not done? I went from 40% gains to -40% losses to now almost breaking even.
This post was edited on 7/21/21 at 8:51 am
Posted by Sasquatch2020
Member since Oct 2020
519 posts
Posted on 7/21/21 at 8:56 am to
i have seen the real price being at 5K - 10K.

I just saw a post that is totally grain of salt saying the current price is 12,260 in Citadels system.

keep holding apes
Posted by southpawcock
Member since Oct 2015
16065 posts
Posted on 7/21/21 at 8:57 am to
Now I wish I bought that massive dip..
Posted by greygoose
Member since Aug 2013
12789 posts
Posted on 7/21/21 at 8:58 am to
quote:

Posted on 7/21/21 at 7:52 am to greygoose


quote:

Lot's of money will be made today by purchasers of this stock


I hate to say I told you so......HA! No I don't!

Currently up another 6% for the day, so far.

Posted by NOLAGT
Over there
Member since Dec 2012
13803 posts
Posted on 7/21/21 at 9:10 am to
I knew this would happen I didnt stick to my plan to ride it down to at least 20 before bailing.
Posted by WDE24
Member since Oct 2010
54694 posts
Posted on 7/21/21 at 9:16 am to
quote:

I have not told one lie.
You’ve posted screen shots purchases at $59, $40+, and $10+ while claiming an average cost of $8+

Something doesn’t add up. Your daily profit from yesterday doesn’t indicate you could own anywhere close to the number of shares it would take to lower your average cost to what you claim.
Posted by greygoose
Member since Aug 2013
12789 posts
Posted on 7/21/21 at 9:22 am to
quote:

You’ve posted screen shots purchases at $59, $40+, and $10+ while claiming an average cost of $8+

Something doesn’t add up. Your daily profit from yesterday doesn’t indicate you could own anywhere close to the number of shares it would take to lower your average cost to what you claim.


Want to see my $5 purchases too? How about a video of my last colonoscopy?
Posted by WDE24
Member since Oct 2010
54694 posts
Posted on 7/21/21 at 9:24 am to
quote:

Want to see my $5 purchases too?
sure

quote:

How about a video of my last colonoscopy?
nah, I already know you are full of shite
Posted by greygoose
Member since Aug 2013
12789 posts
Posted on 7/21/21 at 9:31 am to
quote:

sure
Here's a small sample:

[/img]
Posted by NOLAGT
Over there
Member since Dec 2012
13803 posts
Posted on 7/21/21 at 9:35 am to
Posted by WDE24
Member since Oct 2010
54694 posts
Posted on 7/21/21 at 9:39 am to
So, 500 shares at around $5 and how many was it again at $59? 1200?
This post was edited on 7/21/21 at 9:42 am
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
34100 posts
Posted on 7/21/21 at 9:45 am to
quote:

So, 500 shares at around $5 and how many was it again at $59? 1200?


I've stopped responding because he's shown to everyone in this thread that he's lying. He has no credibility. So because that's been settled, there's no point in it.

(There's a very good reason he won't take a shot of his full holdings.)
This post was edited on 7/21/21 at 9:47 am
Posted by greygoose
Member since Aug 2013
12789 posts
Posted on 7/21/21 at 9:55 am to
quote:

So, 500 shares at around $5 and how many was it again at $59? 1200?

I think what is abundantly clear is, a thread concerning the merits of a stock, has devolved into a few haters and Negative Nancies, resorting to concentrating on the holdings of a poster. Kinda speaks volumes. I think from my posts, you can somewhat extrapolate that I have the means to back up what I've stated. But then again, I also thought Chitstain would crawl back under his rock after his $7.50 puts were purchased and the stock price exploded. Yet, here he is. Day after day, doubling down on the same nonsense.
Posted by Hogwallop
Member since Jul 2021
413 posts
Posted on 7/21/21 at 10:01 am to
quote:

I knew this would happen ? I didnt stick to my plan to ride it down to at least 20 before bailing.





When it drops below your sell price, buy.
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