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re: Holding AMC Thread- Diamond hands unite

Posted on 12/13/21 at 3:12 pm to
Posted by slackster
Houston
Member since Mar 2009
89745 posts
Posted on 12/13/21 at 3:12 pm to
quote:

It's ashame you didnt't take me seriously


You think people suggesting AMC is going down are no different than those who think it will go to $100k.

I think I’ll be alright ignoring your advice.
Posted by Buck_Rogers
Member since Jul 2013
1988 posts
Posted on 12/13/21 at 3:25 pm to
I think you need to read my entire post in context and not pick out one sentence. The point was that there are no absolutes. To tell someone they will lose money is an absolute just like saying shares will hit $100k is an absolute. You really do spend a lot of time worrying about a stock you have no skin in. It comes off as pathetic.

ETA:
quote:

Slackster

Are there any plays that you do recommend, or do you just shite on other people's investments and wait until it does take a dip to pat yourself on the back?
This post was edited on 12/13/21 at 3:33 pm
Posted by slackster
Houston
Member since Mar 2009
89745 posts
Posted on 12/13/21 at 4:40 pm to
quote:

Are there any plays that you do recommend, or do you just shite on other people's investments and wait until it does take a dip to pat yourself on the back?


A) I think Amazon is woefully undervalued, but I’ve thought that for over a year and it hasn’t mattered.

B) I don’t typically do individual stocks with any significant funds.

C) I’ve said many times in this thread and others that the dynamic of buying something that is so clearly overvalued (to me at least) is something I want to understand better. I want to make 4x in a couple months too, but I struggle to buy something that ISN’T a long term investment, so I’m trying to learn what makes these things tick - why did AMC work but CLOV doesn’t/didn’t, for example. My suspicion is that the people making money on these things are losers over the long term, but I could be wrong, so that’s why I’m here.
Posted by slackster
Houston
Member since Mar 2009
89745 posts
Posted on 12/14/21 at 8:57 am to
Pretty crazy action this morning on AMC. Was down 15% again in premarket and is up like 3% right now.
Posted by touchdownjeebus
Member since Sep 2010
25330 posts
Posted on 12/14/21 at 8:20 pm to
I bailed and went into RIOT. It is starting its predictable swing and I wanna make the easy cake.
Posted by CajunTiger78
Member since Aug 2017
2879 posts
Posted on 12/14/21 at 9:22 pm to
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
33953 posts
Posted on 12/15/21 at 8:45 am to
What are those numbers?
Posted by CajunTiger78
Member since Aug 2017
2879 posts
Posted on 12/15/21 at 12:25 pm to
Retail Buyers vs. Sellers
Posted by slackster
Houston
Member since Mar 2009
89745 posts
Posted on 12/15/21 at 1:53 pm to
quote:

Retail Buyers vs. Sellers


Source?
Posted by WDE24
Member since Oct 2010
54691 posts
Posted on 12/15/21 at 2:13 pm to
quote:

I bailed
during movie going season? right before it hits $40 with the Spider-Man release? I thought this wasn’t rocket science?
Posted by UltimaParadox
North Carolina
Member since Nov 2008
47281 posts
Posted on 12/15/21 at 10:26 pm to
quote:

during movie going season? right before it hits $40 with the Spider-Man release? I thought this wasn’t rocket science?


The stock price of AMC is not even related to the business.

If it was.. still a long way down
Posted by CajunTiger78
Member since Aug 2017
2879 posts
Posted on 12/16/21 at 7:31 am to
Fidelity
Posted by touchdownjeebus
Member since Sep 2010
25330 posts
Posted on 12/16/21 at 7:51 am to
quote:

during movie going season? right before it hits $40 with the Spider-Man release? I thought this wasn’t rocket science?


I bailed for a more favorable play in RIOT. Is that so hard to understand?

Are you that hard on to be right about this?
Posted by CajunTiger78
Member since Aug 2017
2879 posts
Posted on 12/16/21 at 7:58 am to
Dude he's being sarcastic
This post was edited on 12/16/21 at 7:58 am
Posted by WDE24
Member since Oct 2010
54691 posts
Posted on 12/16/21 at 10:49 am to
quote:

I bailed for a more favorable play in RIOT. Is that so hard to understand?
Aren’t you trying to play a $10 swing in riot? AMC at $40 with the Spider-Man release represents a $15 swing. I’m not a rocket scientist, but $15>$10.

ETA: as, stated…I’m sarcastically making the point that AMCs stock price isn’t going to be moved much based on Spider-Man and movie going season. I don’t know enough about your RIOT play to speak on it other than I strongly suspect the likelihood of that swing play happening is much greater than the MOASS happening with AMC.
This post was edited on 12/16/21 at 11:13 am
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
33953 posts
Posted on 12/16/21 at 11:13 am to
You need to look at the percent swing, not the absolute dollar amount swing.

For example, a $15 swing on single share of Tesla is going to be a minuscule return compared to a $15 swing on a share of SLI.

ETA: Though AMC and RIOT do appear to be just about the same price right now.
This post was edited on 12/16/21 at 11:14 am
Posted by WDE24
Member since Oct 2010
54691 posts
Posted on 12/16/21 at 11:14 am to
quote:

You need to look at the percent swing, not the absolute dollar amount swing. For example, a $15 swing on single share of Tesla is going to be a minuscule return compared to a $15 swing on a share of SLI.
Sure, but RIOT and AMC are both trading around $25. I was just using round numbers to make the point.
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
33953 posts
Posted on 12/16/21 at 11:14 am to
quote:

the MOASS happening with AMC.


I hope this never goes away

That's why we need to get Sasquatch back in here...to get a sense for the apes and their belief in it.
Posted by slackster
Houston
Member since Mar 2009
89745 posts
Posted on 12/16/21 at 9:54 pm to
Thanks.

I assume it’s Fidelity numbers only?
Posted by Hog on the Hill
AR
Member since Jun 2009
13415 posts
Posted on 12/17/21 at 7:48 am to
AMC hodlers gonna be disappointed when dilution comes in 2022
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