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Started By
Message
Posted on 2/2/21 at 6:41 am to TheOcean
quote:I'm about to buy another $5K. This is a no brainer!
Will probably be dumping $22k into AMC if it stays around 10
Posted on 2/2/21 at 6:53 am to greygoose
It just hit real close to $8 for any of you wanting a good jump in.
Posted on 2/2/21 at 6:54 am to greygoose
No way the price drops this much on this amount of volume!
Posted on 2/2/21 at 6:55 am to greygoose
I'm just holding pat. I don't want to risk anymore than what I have out there. If the underlying stock fundamentals were better I would but I'm uncomfortable risking any more money that is mostly dependent on whether other small guys hold. I keep envisioning the Braveheart Hooooold meme but I also know at the end Mel Gibson had his guts ripped out.
Posted on 2/2/21 at 6:56 am to S1C EM
Will be throwing another $6K at AMC
Posted on 2/2/21 at 6:57 am to TheOcean
Just bought 2400 shares at 9.20. let's ride boys
Posted on 2/2/21 at 6:59 am to nated14
quote:Understandable. Relying on others is hard. I'm just trying to reassure folks who are fairly new to trading, that this dip isn't real. The fact remains, that the upside is very, very real. Way too many shorts with expired contracts.
I'm just holding pat. I don't want to risk anymore than what I have out there. If the underlying stock fundamentals were better I would but I'm uncomfortable risking any more money that is mostly dependent on whether other small guys hold. I keep envisioning the Braveheart Hooooold meme but I also know at the end Mel Gibson had his guts ripped out.
Posted on 2/2/21 at 7:04 am to greygoose
I have found that if I have to be talked into something that generally it’s something I should have avoided in the first place. Some people here (not necessarily you but just using your post as an example) have been reckless giving out investment advice that they are not qualified to give, nor are they as informed as they think they are
My advice to anyone here is to trade your plan and if you don’t have a plan, don’t trade
My advice to anyone here is to trade your plan and if you don’t have a plan, don’t trade
Posted on 2/2/21 at 7:07 am to cgrand
Posted on 2/2/21 at 7:15 am to cgrand
Well said! AMC is entirely too volatile for me, which is why I sold my small position late yesterday afternoon. Give me reliable large companies and growth funds over these social media hype stocks now. I can’t take the stress anymore
. They’re great for some but not for me. I bowed out. Hope you all do well.

Posted on 2/2/21 at 7:24 am to Hailstate15

AMC and GME lining up almost perfectly. Hmmmm...
Posted on 2/2/21 at 7:29 am to MorningWood
fricks on CNBC are giddy with delight that these stocks are crashing. Evil bastards
Posted on 2/2/21 at 7:31 am to playmakers in space
quote:Hedges are desperate. They are throwing the kitchen sink at this. Thing is, it's futile if panic selling doesn't set it.
playmakers in space
Posted on 2/2/21 at 7:36 am to greygoose
quote:
if panic selling doesn't set it.
We’re going to take a brutal bath this morning. If everyone holds we’ll be fine but I have little faith. Too many people like manicTDsnGumbo who jumped in after the GME spike hoping to make immediate quick money and a week wasn’t quick enough so they bailed and cried about it
This post was edited on 2/2/21 at 7:37 am
Posted on 2/2/21 at 7:37 am to playmakers in space
The low volume after hours are the hedge funds selling back and forth to each other in blocks of 100 to tank the price to cover their short positions.
Posted on 2/2/21 at 7:55 am to ItNeverRains
quote:
I’m throwing 6k in this am
$6,000 wasted
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