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re: Holding AMC Thread- Diamond hands unite

Posted on 2/2/21 at 9:25 am to
Posted by jmcwhrter
Member since Nov 2012
7218 posts
Posted on 2/2/21 at 9:25 am to
Portnoy announced he dumped all of his meme stocks.. They're about to tank mercilessly
Posted by Jjdoc
Cali
Member since Mar 2016
54828 posts
Posted on 2/2/21 at 9:26 am to
That's a 25% drop over the weekend.
Posted by RedHawk
Baton Rouge
Member since Aug 2007
9284 posts
Posted on 2/2/21 at 9:27 am to
I got out this morning with my 10 shares. Pre all this madness, it was trading at $2-$3 a share and with the dumping of more stocks on the market I could see it going below that.
This post was edited on 2/2/21 at 9:28 am
Posted by Big_Slim
Mogadishu
Member since Apr 2016
3978 posts
Posted on 2/2/21 at 9:28 am to
Boy this market is really bending me over a barrel and showing me the 50 states, know what I’m saying fellas?
Posted by TDsngumbo
Member since Oct 2011
45781 posts
Posted on 2/2/21 at 9:28 am to
quote:

Portnoy announced he dumped all of his meme stocks

Buckle up, all you baws still holding. The hot girl you went home with just gave you a blowjob then took off her panties, showing her dick that's bigger than yours.
Posted by Oates Mustache
Member since Oct 2011
24401 posts
Posted on 2/2/21 at 9:29 am to
quote:

bending me over a barrel and showing me the 50 states


That's not a thing.
Posted by fatboydave
Fat boy land
Member since Aug 2004
17979 posts
Posted on 2/2/21 at 9:32 am to
moon rocket go boom

Posted by TDsngumbo
Member since Oct 2011
45781 posts
Posted on 2/2/21 at 9:33 am to
Yep. Portnoy announced he sold all his positions and lost $700k. The bottom has officially been pulled out from under this.
Posted by Big_Slim
Mogadishu
Member since Apr 2016
3978 posts
Posted on 2/2/21 at 9:36 am to
Anybody got an idea what a good price to get back in on this stock might be?

I’m sitting on 100 shares @10 bucks, figure it might be smarter to just convert this into a long term play rather than eating the short term loss if it dips too low today
Posted by Bard
Definitely NOT an admin
Member since Oct 2008
55724 posts
Posted on 2/2/21 at 9:38 am to
I bought my AMC at 12.2, sold at 14. I wish I had been watching when the market opened yesterday morning so I could have caught it at 15 or 16. Oh well at least I made a little.
Posted by wheelr
Banned
Member since Jul 2012
5800 posts
Posted on 2/2/21 at 9:38 am to
quote:

That's a 25% drop over the weekend.



I'm confused by what some of you are throwing out.

The end price Friday was close to the end price Monday. Of course there were going to be some up and downs throughout.

It held strong for a while. Now we have people in here that sold or never had a position making up stats and trying to talk down to others.
Posted by DabosDynasty
Member since Apr 2017
5180 posts
Posted on 2/2/21 at 9:39 am to


Probably why both are being hammered today. They got GameStop yesterday to create the panic selling today and are going harder after these two today to finish them.
Posted by rocket31
Member since Jan 2008
41861 posts
Posted on 2/2/21 at 9:42 am to
I'm a buyer at $6.50
Posted by Notro
Alison Brie's Boobs
Member since Sep 2011
7914 posts
Posted on 2/2/21 at 9:43 am to
quote:

Who gives a shite what el prez says or does. Dude got caught up in the FOMO straight up like many others did.




Jeez....just adding info to the discussion. Sorry you lost all your tendies.
Posted by flyAU
Scottsdale
Member since Dec 2010
24899 posts
Posted on 2/2/21 at 9:47 am to
I didn’t know anyone with that much money used Robinhood.
Posted by CajunTiger78
Member since Aug 2017
2879 posts
Posted on 2/2/21 at 9:47 am to
quote:




So the numbers may be skewed?
Posted by iAmBatman
The Batcave
Member since Mar 2011
12382 posts
Posted on 2/2/21 at 9:48 am to
quote:

I’m sitting on 100 shares @10 bucks, figure it might be smarter to just convert this into a long term play rather than eating the short term loss if it dips too low today



I'm around there as well...just sell covered calls until you recoop your $1,000 or at least enough to break even when you sell the whole 100 shares
Posted by Big_Slim
Mogadishu
Member since Apr 2016
3978 posts
Posted on 2/2/21 at 9:50 am to


Thanks man. Appreciate the experienced guys that have helped out retards like myself caught up in the mania the past couple days. Got my arse kicked for a couple grand but was cool with that possibility when I got in.

Whole thing has been a ton of fun though, bout to go burn through that thread with links for new investors.

Posted by rocket31
Member since Jan 2008
41861 posts
Posted on 2/2/21 at 9:53 am to
no worries dude. back in 2015 I jumped into the market clueless as well and lost thousands. you'll learn and then start making bank
Posted by WDE24
Member since Oct 2010
54697 posts
Posted on 2/2/21 at 9:55 am to
Hopefully no one here has their investment tied up in a transfer out of RH and they were able to sell in time.

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