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re: Holding AMC Thread- Diamond hands unite

Posted on 2/1/21 at 10:02 am to
Posted by Baers Foot
Louisiana Ragin' Cajuns
Member since Dec 2011
3733 posts
Posted on 2/1/21 at 10:02 am to
I'm also a retard, but I'm a retard with play money.
Posted by jmarto1
Houma, LA/ Las Vegas, NV
Member since Mar 2008
36314 posts
Posted on 2/1/21 at 10:03 am to
I was referring to them being locked out. It is complete bullshite and it is getting exposed
Posted by WDE24
Member since Oct 2010
54691 posts
Posted on 2/1/21 at 10:06 am to
quote:

I was referring to them being locked out. It is complete bullshite and it is getting exposed
Transferring your account to another brokerage has always taken several days. This is what I was referring to. I agree that the recent trade restrictions appear to be complete bs, but that doesn’t really have much to do with what I was commenting on.
Posted by Hailstate15
ForeverGator's mom's
Member since Nov 2018
21466 posts
Posted on 2/1/21 at 10:07 am to
I haven't even mentioned transferring accounts. why would I tell someone to do that when I haven't even done so? no one is doing that in here
Posted by WDE24
Member since Oct 2010
54691 posts
Posted on 2/1/21 at 10:08 am to
quote:

no one is doing that in here
it is literally in the post I initially responded to
Posted by Nguyener
Kame House
Member since Mar 2013
21057 posts
Posted on 2/1/21 at 10:08 am to
To be fair, I did it once but it was in response and context to a single poster not broad advice for the board. And I stand by my comment to that poster which was essentially this:

frick Robinhood. Everyone should move off that platform and if you’re worried about your stocks being tied up while you move, RH has already proven they’ll just ban you from selling anyway so you may as well move.
This post was edited on 2/1/21 at 10:10 am
Posted by nated14
Baton Rouge
Member since Nov 2009
920 posts
Posted on 2/1/21 at 10:09 am to
I'd welcome people to come into the thread and give sound advice on why it is a bad play. But saying it's FOMO and it's simply a bad idea is really just the contrarian side of pumping. Example- "hey guys this stock has $8 intrinsic value and you're buying up here isn't based on company fundamentals and once the majority of the shorts cover you could lose your arse. Here is where you can see what I'm talking about and this is what I based my opinion on." Then an intellectual debate could happen
Posted by wheelr
Banned
Member since Jul 2012
5800 posts
Posted on 2/1/21 at 10:40 am to
What's the deal with the whining in here? It's killing the vibe.

Yes this is a speculative play. It is a gamble. People know this and if they didn't, they should by now. People are willing to lose money. How much they play is up to them.

I have <5% of my frequent trading account in AMC. I'm either going to lose a little money now, sell at 20x what I paid, or be caught holding the bag if we get a squeeze and don't get out fast enough. I don't really care as there is a collective point being made and it has been a blast being part of it.

AMC is still going strong. The battle is being fought. The price was up big this morning and is still up. This is why we held Friday and why I'm holding through this week too.

It looks like now we have to put a warning label on everything: This is not financial advice. Do not drink bleach. This hot coffee is hot.
Posted by Hailstate15
ForeverGator's mom's
Member since Nov 2018
21466 posts
Posted on 2/1/21 at 10:41 am to
fricking thank you.
Posted by tigerfoot
Alexandria
Member since Sep 2006
59036 posts
Posted on 2/1/21 at 10:43 am to
quote:

What's the deal with the whining in here? It's killing the vibe.
Yeah, I did this for fun. If we aint going to be laughing about going to the moon I am asking for a refund.
quote:

I'm either going to lose a little money now, sell at 20x what I paid
Ok 20x is waaay past the moon for me. You give me 3 or 4x and I will be just fine.
Posted by CajunTiger78
Member since Aug 2017
2879 posts
Posted on 2/1/21 at 10:45 am to
Wheelr, thank you sir! People need to just mellow out and if they don't want to participate then don't but for the masses who do then let's do this! holding strong and if I had more settled cash I'd be buying the dips!

I will have about 7K of settled case to play with tomorrow and if it dips below my 15.99 price I'm buying more!
This post was edited on 2/1/21 at 10:46 am
Posted by Hailstate15
ForeverGator's mom's
Member since Nov 2018
21466 posts
Posted on 2/1/21 at 10:46 am to
baw do I need to draw a picture of the moon for you? I dont think you know what moon we are talking about
Posted by playmakers in space
Member since Sep 2018
1576 posts
Posted on 2/1/21 at 10:55 am to
quote:

I'm either going to lose a little money now, sell at 20x what I paid, or be caught holding the bag if we get a squeeze and don't get out fast enough. I don't really care as there is a collective point being made and it has been a blast being part of it.


Spot on. Exactly where I am at.
Posted by Lsut81
Member since Jun 2005
82817 posts
Posted on 2/1/21 at 10:58 am to
I’m not in that much money in the grand scheme of things... I’m in for the ride and the pure chance of it doing what GameStop did.

If this goes on into next week hovering at this price, I’m out and break even. If it dips, I’m out and lose a few dinners worth of money. However, if by some chance, it ramps up and gets in the hundreds, I’ll be ecstatic I was part of something fun.
Posted by RIPMachoMan
Member since Jun 2011
7264 posts
Posted on 2/1/21 at 11:04 am to
Same here. Some folks here take this wayyyy too seriously. If it is leading to that much bickering they probably should stay out of it
This post was edited on 2/1/21 at 11:05 am
Posted by TDsngumbo
Member since Oct 2011
45602 posts
Posted on 2/1/21 at 11:06 am to
Posted by When in Rome
Telegraph Road
Member since Jan 2011
35978 posts
Posted on 2/1/21 at 11:08 am to
quote:

wheelr
Posted by Hailstate15
ForeverGator's mom's
Member since Nov 2018
21466 posts
Posted on 2/1/21 at 11:08 am to
quote:

TDsngumbo

I knew you'd come back

lets end the day at 14 maybe 15!
Posted by ItNeverRains
Offugeaux
Member since Oct 2007
28166 posts
Posted on 2/1/21 at 11:09 am to
I’m came here looking for apes driving lambos on Neptune. If this is in fact a Wendy’s, I’ll leave.
Posted by TDsngumbo
Member since Oct 2011
45602 posts
Posted on 2/1/21 at 11:11 am to
quote:

lets end the day at 14 maybe 15!

It's already at 14. I think it goes down to around 11 or 12 then ends up at 13 and we'll all breathe a sigh of relief at 3:00 then watch after hours and speculate about tomorrow. And I'll still be down a good bit
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