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re: Holding AMC Thread- Diamond hands unite

Posted on 7/30/21 at 6:39 am to
Posted by ItNeverRains
37069
Member since Oct 2007
25389 posts
Posted on 7/30/21 at 6:39 am to
[quote]LINK ]

Hope you are right. I’ve been out of this since $50, but enjoyed the ride up and AMC has been far and away my best play this year.
Posted by greygoose
Member since Aug 2013
11438 posts
Posted on 7/30/21 at 7:03 am to
quote:

Ask greyparrot. Im sure there is something on reddit that guarantees it's coming "really soon".

Hurry up and buy more $7.50 puts! Earnings are announced next week.
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
31045 posts
Posted on 7/30/21 at 9:13 am to
quote:

Earnings are announced next week.




You know what's good for you? They've issued so many new shares that the EPS looks like it's steadily improving.

Only projected to be -$0.93, or basically half a billion dollars loss for the quarter (i think about what they raised with the recent issuances).
This post was edited on 7/30/21 at 1:04 pm
Posted by PennyPacker
Where things are bigger and better
Member since Jan 2010
1028 posts
Posted on 7/30/21 at 9:15 am to
quote:

quote:
Ask greyparrot. Im sure there is something on reddit that guarantees it's coming "really soon".
Hurry up and buy more $7.50 puts! Earnings are announced next week.


I guess the only thing that matters is... if someone would have listened to both of you who would have made more money??? Even if they didn't sell until now. I remember one of you saying that the experts say AMC was just a $5 to $7 stock... now it's been above $30 for the last 60 days, which we know that a squeeze doesn't last that long.

Nobody is going to be 100% correct about anything regarding the market, but to keep it simple the stock was hovering around $9 to $11 and a few posters on here couldn't say enough to discourage people about this play... its interesting you may have cost people 200% to 600% returns because you were wrong! That math is pretty obvious.
Posted by Happygilmore
Happy Place
Member since Mar 2009
1810 posts
Posted on 7/30/21 at 11:02 am to
This guy is definitely holding



Can we not use imgur anymore to post pics we take with our cellphone?
This post was edited on 7/30/21 at 11:04 am
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
31045 posts
Posted on 7/30/21 at 11:21 am to
quote:

Can we not use imgur anymore to post pics we take with our cellphone?


Imgur has sucked on my phone for a few months now, so I use LINK /. Upload, click share, than tap direct link (the second one down).
Posted by WDE24
Member since Oct 2010
54132 posts
Posted on 7/30/21 at 11:47 am to
quote:

I guess the only thing that matters is... if someone would have listened to both of you who would have made more money??? Even if they didn't sell until now.
Are you factoring all the shares at $59 he told people to buy? What about the one in the mid $40’s? Has he told anyone to sell yet? Your analysis seems to be if you bought the first time he said buy, but ignored everything else he has said, you could have made gains.

That is right, but it seems like a pointless analysis.
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
31045 posts
Posted on 7/30/21 at 11:52 am to
quote:

Are you factoring all the shares at $59 he told people to buy? What about the one in the mid $40’s?


I remember that...and somehow those purchases made his cost basis go down
Posted by PennyPacker
Where things are bigger and better
Member since Jan 2010
1028 posts
Posted on 7/30/21 at 12:15 pm to
quote:

that is right, but it seems like a pointless analysis.



The point is you don't know what is gonna happen. Short interest continues to rise again... same arguments are being made by the same people. One difference is share price is much higher now than before the last run, so if you just take the known information the conclusion should be rather obvious. Y'all seem to be more into proving a person wrong than anything.

But you do you! I will do my thing and keep f'ing crushing it. ??
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
31045 posts
Posted on 7/30/21 at 12:21 pm to
quote:

so if you just take the known information the conclusion should be rather obvious.


Which is what, exactly?

Short interest is at 24%. GME was over 120%.

Good luck with that squeeze with the apes willing to sell and AMC shaking the money tree with more shares all the time.

The situation we find ourselves in is retail has convinced themselves that a squeeze is imminent (REALLY SOON!) and has been propping the share price up themselves. Can't happen forever.

The point is, people in this thread who bought the BS purchased at or around $60, and have subsequently lost their asses on those trades.
This post was edited on 7/30/21 at 12:23 pm
Posted by WDE24
Member since Oct 2010
54132 posts
Posted on 7/30/21 at 12:39 pm to
quote:

The point is you don't know what is gonna happen.
That wasn’t the point I responded to. I agree with that. You said if people had listed to gp they would have made money. That’s only true if they listened to select things and ignored others. If they only listened to him tell you that the drop from the $70s to the $50s was a buying opportunity, they wouldn’t be real excited about that choice right now.

quote:

Y'all seem to be more into proving a person wrong than anything.
You we’re the one in here knighting for him and saying if people listened to him they would have made money. I simply responded to that.
This post was edited on 7/30/21 at 12:40 pm
Posted by PennyPacker
Where things are bigger and better
Member since Jan 2010
1028 posts
Posted on 7/30/21 at 12:47 pm to
quote:

Short interest is at 24%. GME was over 120%.


You are so hard headed... u enjoy comparing it to GME. The short interest of AMC is rising again just like it did between March and May.. I am comparing it to itself! Just like we discussed in April/May! Only difference is I am up a f@ck ton and you are still sticking with negative posts and your expired $7 puts!! Winning combo you got there!??????
Posted by PennyPacker
Where things are bigger and better
Member since Jan 2010
1028 posts
Posted on 7/30/21 at 12:51 pm to
quote:

You said if people had listed to gp they would have made money.


Not what I said.

Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 7/30/21 at 12:52 pm to
quote:

short interest of AMC is rising again


Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
31045 posts
Posted on 7/30/21 at 1:06 pm to
quote:

Just like we discussed in April/May!


Except that wasn't a squeeze. That was you retail buyers.
Posted by PennyPacker
Where things are bigger and better
Member since Jan 2010
1028 posts
Posted on 7/30/21 at 1:06 pm to
quote:

rocket31


it's not?? u looking at something different?
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 8/2/21 at 3:33 pm to
all I see is that you're now down 30% in one month


Posted by supadave3
Houston, TX
Member since Dec 2005
30234 posts
Posted on 8/2/21 at 3:43 pm to
How the hell is this thread still going on? We still waiting on the MOAB?
Posted by Hogwallop
Member since Jul 2021
413 posts
Posted on 8/2/21 at 3:46 pm to
Lots of people still holding and I'm still making money on AMC
Posted by trilltiger
LA
Member since Nov 2007
2677 posts
Posted on 8/3/21 at 6:59 am to
I saw yesterday the real share price is around $60k
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