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re: Holding AMC Thread- Diamond hands unite
Posted on 2/1/21 at 4:30 pm to nated14
Posted on 2/1/21 at 4:30 pm to nated14
How do Regular people sell in after hours? As this thing dips are people just panic selling? Does an average user on TD Ameritrade have the ability to sell and see those shared clear during after hours? I thought you had to have a specific type of account to do that. I always assumed if you wanted to sell an after hours, you had to wait till the morning to see if the condition applied. How does all that work?
This post was edited on 2/1/21 at 4:31 pm
3
Posted on 2/1/21 at 4:34 pm to Blackfield
My fidelity account let’s me trade AH. I had to accept terms and conditions but tgat was years ago. I’m not sure of the process now
Posted on 2/1/21 at 4:34 pm to nated14
RSI just hit 0 on AMC. 1.2 million shares traded in last ten minutes.
Posted on 2/1/21 at 4:36 pm to Large Farva
What does a strength index of zero typically mean as it relates to what AMC has been doing?
Posted on 2/1/21 at 4:42 pm to Blackfield
It means that they've sold a butt load, like way more than they can actually deliver. It will be hard for the price to go down much now, theoretically.
Posted on 2/1/21 at 4:43 pm to Blackfield
It’s hard to say and apply RSI to these cases IMO. Depending on how many sessions you are looking at a RSI of zero is an oversold flag. I’m taking that with a grain of salt bc of the anomalies lately. Yhis RSI is still based on facts and may give some insight but it certainly has a subjective tint to it. It is a speed of trade indicator so to speak
This post was edited on 2/1/21 at 4:45 pm
Posted on 2/1/21 at 4:55 pm to Blackfield
More interesting to me would be the % of shares still short. GME went from 115% short to 35% short and you see where it wound up. People in early still made out but those late to game are getting killed and will sell. That will actually allow the funds who were getting killed during the squeeze to restart their short positions and make even more money.
Posted on 2/1/21 at 5:49 pm to CajunTiger78
I have about $800.00 house money invested in this learning experience, it's just fascinating from every perspective.
Came in late, down a little bit, but holding that line!
I really like something about the social media hive investing idea. It's actually brilliant and my hats off to the millennials for the concept.
Came in late, down a little bit, but holding that line!
I really like something about the social media hive investing idea. It's actually brilliant and my hats off to the millennials for the concept.
This post was edited on 2/1/21 at 6:45 pm
Posted on 2/1/21 at 6:12 pm to BarberitosDawg
I had paper hands at $16.50. I will definitely buy back in if it stays where it's at though
Posted on 2/1/21 at 6:16 pm to TheOcean
Nice sell up top. Should have done the same. I'm in at 14.86. thought that was a no brainier for profit but now I'm not so sure. They broke out all the stops to keep this down.
This post was edited on 2/1/21 at 6:17 pm
Posted on 2/1/21 at 6:22 pm to DaTruth7
I’m at 13.3. Feels like we’re losing momentum and I fear there won’t be another big rally. Going to try to wait out the rest of the week though.
Posted on 2/1/21 at 6:47 pm to WhiteGramblingGrad72
I bought late Friday at $13.19. Sold early today at $16.30. Got lucky here because I got nervous this weekend and didn’t have time to watch it today.
I’m out. But may go back in at some point when things settle down.
I’m out. But may go back in at some point when things settle down.
Posted on 2/1/21 at 6:50 pm to Blackfield
TD Ameritrade has tutoring for all your questions if you go check it out?
I’m not trying to be a dick but, investing at this level you need first hand advice is all.
Nobody is doing you a favor telling you anything different.
I’m not trying to be a dick but, investing at this level you need first hand advice is all.
Nobody is doing you a favor telling you anything different.
Posted on 2/1/21 at 6:53 pm to BarberitosDawg
I shoulda exited this position twice now, I am out tomorrow.
Posted on 2/1/21 at 7:02 pm to Dawgfanman
Holdddddddd
Posted on 2/1/21 at 7:05 pm to Dawgfanman
quote:
I shoulda exited this position twice now, I am out tomorrow.
That's what the hedge funds that shorted this stock want you to do. If you do that you will drive the price down, if you hold at least until Thursday/Friday timeframe then this think may pop up significantly.
Posted on 2/1/21 at 7:11 pm to CajunTiger78
12.45 at the end of AH. Not great but definitely off the lows. Again it’s AH and easily manipulated. I’m still holding but only have 2500 investment/wager after buying 500 more today. I have to keep fighting the urge to buy more but the price action at the close helped me out. Good luck to holders and sellers tomorrow.
Posted on 2/1/21 at 7:49 pm to CajunTiger78
quote:
That's what the hedge funds that shorted this stock want you to do. If you do that you will drive the price down, if you hold at least until Thursday/Friday timeframe then this think may pop up significantly.
Too many are getting out now and the ones yelling "hold" will be the ones losing the most money at the end. You don't earn anything until you sell and both AMC and GME are done with their spikes. I could be wrong but I seriously doubt that I am. It will only go down to where it really should be based on business performance from this point forward.
Posted on 2/1/21 at 7:54 pm to Landmass
I somewhat agree depending on what % of the float is short.
Posted on 2/1/21 at 7:56 pm to nated14
quote:
I somewhat agree depending on what % of the float is short.
I find it amazing that there isn’t a way to see how much was shorted at the $9 point.
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