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re: Holding AMC Thread- Diamond hands unite

Posted on 2/1/21 at 2:59 pm to
Posted by Sho Nuff
Oahu
Member since Feb 2009
12730 posts
Posted on 2/1/21 at 2:59 pm to
Yep, bought on Fri and I'm at the same #
Posted by RIPMachoMan
Member since Jun 2011
7352 posts
Posted on 2/1/21 at 3:00 pm to
Up $.10 from open it's not a loss
Posted by Sasquatch2020
Member since Oct 2020
519 posts
Posted on 2/1/21 at 3:01 pm to
will this come firing out at 17 again tomorrow morning?

Posted by CajunTiger78
Member since Aug 2017
2879 posts
Posted on 2/1/21 at 3:03 pm to
quote:

will this come firing out at 17 again tomorrow morning?


Who knows, but I hope its where it currently is or lower so I can buy more
Posted by RIPMachoMan
Member since Jun 2011
7352 posts
Posted on 2/1/21 at 3:03 pm to
quote:

will this come firing out at 17 again tomorrow morning?


Why not 20?
Posted by greygoose
Member since Aug 2013
12802 posts
Posted on 2/1/21 at 3:05 pm to
Over 400 million shares traded hands today. I like my chances.
Posted by Lsut81
Member since Jun 2005
82858 posts
Posted on 2/1/21 at 3:07 pm to
So closed at same as open basically... disappointing, but doesn’t seem that bad from a novice, especially when GameStop ended down 30%.

So none of the major brokerages started to close their positions and just paid another day of interest on their shorts???
Posted by nated14
Baton Rouge
Member since Nov 2009
920 posts
Posted on 2/1/21 at 3:07 pm to
Who knows for sure. There was a huge volume spike at 2:00 that bumped it to 14.4 and the next 2 spikes in volume of note was at closing. one large spike (red) on the was below 13 the next spike (green) right at close.I think it will depend on momentum and risk tolerance of the retail guys. There were probably millions taken out via stop losses at the close and people will start getting nervous with how much they can afford/want to lose.You could call that manipulation they call it market making.
Posted by Hailstate15
ForeverGator's mom's
Member since Nov 2018
21466 posts
Posted on 2/1/21 at 3:08 pm to
NVM missed it
This post was edited on 2/1/21 at 3:09 pm
Posted by cmlsu
Baton Rouge, LA
Member since Aug 2011
663 posts
Posted on 2/1/21 at 3:10 pm to
This appears to be exactly how everyone expected to play out. Short ladder attacks.
Posted by DaTruth7
Member since Apr 2020
3926 posts
Posted on 2/1/21 at 3:12 pm to
Yeah, that was a brutal close to get people scared. It worked haha.
Posted by greygoose
Member since Aug 2013
12802 posts
Posted on 2/1/21 at 3:14 pm to
quote:

Yeah, that was a brutal close to get people scared. It worked haha.
That was nothing compared to last Thursday!
Posted by Hailstate15
ForeverGator's mom's
Member since Nov 2018
21466 posts
Posted on 2/1/21 at 4:15 pm to
lmao at least we were up today. GME is taking a beating
Posted by SeaPickle
Thibodaux
Member since May 2011
3163 posts
Posted on 2/1/21 at 4:15 pm to
Not looking good so far in after hours
This post was edited on 2/1/21 at 4:16 pm
Posted by DaTruth7
Member since Apr 2020
3926 posts
Posted on 2/1/21 at 4:17 pm to
Nope, starting to look like they will not allow these go up much anymore.
This post was edited on 2/1/21 at 4:26 pm
Posted by Large Farva
New Orleans
Member since Jan 2013
8594 posts
Posted on 2/1/21 at 4:19 pm to
AH is brutal. I'm starting to lose faith in this booming.
Posted by SeaPickle
Thibodaux
Member since May 2011
3163 posts
Posted on 2/1/21 at 4:19 pm to
Thats what im thinking too and really pissed I didn't get out at 17 this morning
Posted by 44tiger
Member since Aug 2013
937 posts
Posted on 2/1/21 at 4:23 pm to
Watching AH like:

This post was edited on 2/1/21 at 4:28 pm
Posted by DaTruth7
Member since Apr 2020
3926 posts
Posted on 2/1/21 at 4:23 pm to
Yep, thinking the same
Posted by nated14
Baton Rouge
Member since Nov 2009
920 posts
Posted on 2/1/21 at 4:29 pm to
I don’t put much weight in after hours trading but whatever it’s selling for in AH is what people who own it thinks it’s “worth”. Look at the premarket this morning it was trading at 16 plus. I’ll probably lose 5-15% on this but it’s worth seeing what happens tomorrow. Realistically if the hedgies are driving the price action we are seeing in AH then they will be more than happy to wait as people see what happened to GME and EXPR today and bail. Momentum goes both ways
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