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Started By
Message
re: Holding AMC Thread- Diamond hands unite
Posted on 2/2/21 at 10:55 am to RIPMachoMan
Posted on 2/2/21 at 10:55 am to RIPMachoMan
quote:
I got out
Too many idiots will follow Portnoy
So are they getting out because they're idiots following Portnoy or are they getting out because they're following idiots following Portnoy?

Posted on 2/2/21 at 10:59 am to RIPMachoMan
fading Dave has been lucrative for several months now
Posted on 2/2/21 at 11:01 am to rocket31
I fade his sports picks often and make out most times
Posted on 2/2/21 at 11:04 am to nated14
Taking it on the chin as I bought at $13. I'm gonna hold at this point and see wtf happens.
Posted on 2/2/21 at 11:07 am to TDsngumbo
quote:
are they getting out because they're following idiots following Portnoy?
I mean you're not wrong

Posted on 2/2/21 at 11:08 am to Joe D Grinder
I’m not much better than you are. I have 230 shares that im holding and flipping calls on. So far itbeen decent. Flipped them 3 times now for a little over $300. Helps ease the pain some. I’ll keep going until I get called.
Posted on 2/2/21 at 11:14 am to nated14
i got 92 total
i actually bought 20 more this morning bringing avg to 11.7
Im riding until Thursday at least since that was mentioned several times
i actually bought 20 more this morning bringing avg to 11.7
Im riding until Thursday at least since that was mentioned several times
Posted on 2/2/21 at 11:24 am to Sasquatch2020
i actually think the hedge funds will make it an initiative to destroy the share value of every public call that Dave makes
Posted on 2/2/21 at 11:28 am to rocket31
quote:and will never be called out as manipulation like they called out the other side doing the same thing.
i actually think the hedge funds will make it an initiative to destroy the share value of every public call that Dave makes
Posted on 2/2/21 at 11:33 am to CarRamrod
People may get mad reading this but I would like to share my dumbass experience.
Bought 40 shares yesterday at opening at around $16.13
Immediately goes down to $13-14
Sold this morning at $6.12 because I didn’t want to ride this train all the way back down to $2
Immediately shoots up to the $8 range
I have no idea what I’m doing.
Bought 40 shares yesterday at opening at around $16.13
Immediately goes down to $13-14
Sold this morning at $6.12 because I didn’t want to ride this train all the way back down to $2
Immediately shoots up to the $8 range
I have no idea what I’m doing.
Posted on 2/2/21 at 11:34 am to CarRamrod
yea obviously
let's see if he's smart enough to realize it, not sure he is

let's see if he's smart enough to realize it, not sure he is
Posted on 2/2/21 at 11:36 am to Freight Joker
quote:
I have no idea what I’m doing.
Neither do the majority of those of us in this thread

Posted on 2/2/21 at 11:38 am to Freight Joker
quote:
Bought 40 shares yesterday at opening at around $16.13
Immediately goes down to $13-14
Sold this morning at $6.12 because I didn’t want to ride this train all the way back down to $2
Immediately shoots up to the $8 range
I have no idea what I’m doing.
i talk a lot of shite but this was me 5 years ago, if youre interested in investing youll learn and adjust and then start making smarter plays
sometimes losing is the best learning experience
Posted on 2/2/21 at 11:38 am to rocket31
ok can someone please explain to me why some of you are riding it out?
this should never have been a play for anything over $10 and really that was a little late. Everyone on here should have sold @ $14 plus for a solid gain.
i do not understand how anyone could have lost money on this or gme unless you are falling for the WSB BS of having diamond hands. frick GME you could have bought in at a outrageous price of $150/share and still trippled your money.
I like that subreddit, but yall need to understand while they are saying that on there, they are selling you there shares in the background.
this should never have been a play for anything over $10 and really that was a little late. Everyone on here should have sold @ $14 plus for a solid gain.
i do not understand how anyone could have lost money on this or gme unless you are falling for the WSB BS of having diamond hands. frick GME you could have bought in at a outrageous price of $150/share and still trippled your money.
I like that subreddit, but yall need to understand while they are saying that on there, they are selling you there shares in the background.
Posted on 2/2/21 at 11:38 am to CarRamrod
quote:
and will never be called out as manipulation like they called out the other side doing the same thing.
Would not surprise me if they are selling shares at a loss to drive price down to cover any remaining short positions they have
Posted on 2/2/21 at 11:39 am to Freight Joker
quote:
Bought 40 shares yesterday at opening at around $16.13


Posted on 2/2/21 at 11:39 am to Freight Joker
Everyone has a limit man. You had a plan it didn’t go like you thought so you got out. Who knows where the trade is going to end. Sure we can make educated guesses but doing what you did is akin to selling “too early” on the way up. Hindsight isn’t luxury we have in the markets especially when technical analysis and fundamentals are put to the side like it was done here. I’m still holding a bag as well just one that I was willing to lose.... and right now i lost about28% of it
Posted on 2/2/21 at 11:40 am to lsu777
I didn't get in on GME but did on AMC and the only reason I'm sticking with it is because it was my stimmy monies that I wasn't doing anything with and it's not going to break the bank.....
This post was edited on 2/2/21 at 11:41 am
Posted on 2/2/21 at 11:45 am to Freight Joker
quote:Guys like us better not try to do this too often. I lost 400 bucks on the AMC thing. 90% of my investments are in pretty decent mutual funds.
eople may get mad reading this but I would like to share my dumbass experience.
Bought 40 shares yesterday at opening at around $16.13
Immediately goes down to $13-14
Sold this morning at $6.12 because I didn’t want to ride this train all the way back down to $2
Immediately shoots up to the $8 range
I have no idea what I’m doing.
I will say that my decistion to just copy AT has paid off handsomely with a very small amount of money.
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