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re: Holding AMC Thread- Diamond hands unite

Posted on 2/1/21 at 7:57 pm to
Posted by BarberitosDawg
Lee County Florida across causeway
Member since Oct 2013
12135 posts
Posted on 2/1/21 at 7:57 pm to
quote:

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


$64,000 question:

Can millennials hold a coordinated investment strategy with slight pain to win?

Tomorrow may tell...
This post was edited on 2/1/21 at 8:01 pm
Posted by nated14
Baton Rouge
Member since Nov 2009
920 posts
Posted on 2/1/21 at 8:04 pm to
You can see how many contracts are open at various strikes. I’m not an option whiz but I can see 30k contracts at 9 expiring Friday with 18k puts expiring at 10 Friday. I’m on my cell so really can’t see more than that
Posted by Lsut81
Member since Jun 2005
82892 posts
Posted on 2/1/21 at 8:12 pm to
quote:

can see 30k contracts


So there’s a shite ton of contracts underwater?
Posted by WestSideTiger
Baton Rouge
Member since Jan 2004
4492 posts
Posted on 2/1/21 at 8:15 pm to
quote:

TD Ameritrade AH

For AH I always set type to Limit, set price depending on buy/sell and expire Day + Ext
6AM to 7PM Central
Market type doesn’t give the Ext option.

Posted by playmakers in space
Member since Sep 2018
1577 posts
Posted on 2/1/21 at 9:26 pm to
nvm
This post was edited on 2/1/21 at 9:29 pm
Posted by Lsut81
Member since Jun 2005
82892 posts
Posted on 2/2/21 at 4:47 am to
Down 2.86 in pre... looks like the brokers may have won this round.
Posted by brightside878
Baton Rouge
Member since Sep 2009
1607 posts
Posted on 2/2/21 at 5:09 am to
That’s what they want you to think. Excellent buying opportunity
Posted by boomtown143
Member since May 2019
9407 posts
Posted on 2/2/21 at 5:18 am to
quote:

That’s what they want you to think. Excellent buying opportunity


you must be holding bags and hoping people jump back in to get the price back up.
Posted by Panny Crickets
Fort Worth, TX
Member since Sep 2008
5596 posts
Posted on 2/2/21 at 5:38 am to
quote:

you must be holding bags and hoping people jump back in to get the price back up.


Posted by EarlyCuyler3
Appalachia
Member since Nov 2017
27290 posts
Posted on 2/2/21 at 6:03 am to
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.




I'm really hoping this is true for my 4 GME and my tiny bit of AMC.
Posted by nated14
Baton Rouge
Member since Nov 2009
920 posts
Posted on 2/2/21 at 6:11 am to
Hopefully your losses will be manageable or maybe you can make some $$. At the moment it appears the momo trade is off but crazier shite has happened
Posted by MorningWood
On the coast of North Mexico
Member since May 2009
2785 posts
Posted on 2/2/21 at 6:12 am to
In theory he is absolutely correct. In reality its going to be hard for enough investors to hold strong long enough for the damn not to break.
Posted by Devenbaker
Baton Rouge
Member since Aug 2007
294 posts
Posted on 2/2/21 at 6:14 am to
I am not selling my AMC or GME. Really want to see how this shakes out, and I don’t believe it is over.
Posted by Dawgfanman
Member since Jun 2015
24865 posts
Posted on 2/2/21 at 6:18 am to
AMC has to be getting near it’s fair value, right? It, unlike GME, will come out of all this a stronger company having wiped a ton of debt off the books. Look for this to settle in around 7-8 bucks a share when all this is over.
Posted by EarlyCuyler3
Appalachia
Member since Nov 2017
27290 posts
Posted on 2/2/21 at 6:19 am to
quote:

In theory he is absolutely correct. In reality its going to be hard for enough investors to hold strong long enough for the damn not to break.


Yeah, that's going to be the tricky part.
Posted by greygoose
Member since Aug 2013
12816 posts
Posted on 2/2/21 at 6:30 am to
quote:

Down 2.86 in pre... looks like the brokers may have won this round.
They walked it down in a coordinated short ladder attack. Very few shares were traded to drop the price. It will rebound..........SHARPLY.
Posted by greygoose
Member since Aug 2013
12816 posts
Posted on 2/2/21 at 6:34 am to
Think about it, they dropped the price during a period where retailers couldn't trade. The earliest retailers (us) could trade, was 35 minutes ago. Don't fall for their games. They HAVE to buy a shite-ton of shares, and they are currently paying about 22% in interest on their debt, until they do.
Posted by S1C EM
Athens, GA
Member since Nov 2007
11594 posts
Posted on 2/2/21 at 6:35 am to
quote:

They walked it down in a coordinated short ladder attack. Very few shares were traded to drop the price. It will rebound..........SHARPLY


Agreed. It’s a little early to sweat it.
Posted by TheOcean
#honeyfriedchicken
Member since Aug 2004
44450 posts
Posted on 2/2/21 at 6:37 am to
Will probably be dumping $22k into AMC if it stays around 10
Posted by greygoose
Member since Aug 2013
12816 posts
Posted on 2/2/21 at 6:38 am to
quote:

Agreed. It’s a little early to sweat it.
Just a few, short days ago, this stock fell to $7.50 during the trading day. Remember that and don't kick yourself in the nuts, sell, then watch it double back up.
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