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re: Holding AMC Thread- Diamond hands unite

Posted on 1/29/21 at 9:48 am to
Posted by S1C EM
Athens, GA
Member since Nov 2007
11585 posts
Posted on 1/29/21 at 9:48 am to
Looks like a fricked up again.
Posted by greygoose
Member since Aug 2013
11434 posts
Posted on 1/29/21 at 9:50 am to
quote:

2pm Central is my cut off if nothing crazy happens

That's the start of magic time! You'd be crazy to sell at 2pm. The hedges have until 3pm central to cover.
Posted by jmarto1
Houma, LA/ Las Vegas, NV
Member since Mar 2008
33844 posts
Posted on 1/29/21 at 9:51 am to
I'm risk adverse yet here I am fricking around with this
Posted by Lsut81
Member since Jun 2005
80087 posts
Posted on 1/29/21 at 9:52 am to
Just set a sell limit at 300
Posted by PEEPO
Member since Sep 2020
1820 posts
Posted on 1/29/21 at 9:52 am to
I'm not very experience buying and selling individual stocks.

Why does Google show the current price at like 13.75 and on etrade it's like 12.80 at the moment. I figured at first one was lagging behind the other but they are consistently different by a substantial amount, have been for an hour.
Posted by greygoose
Member since Aug 2013
11434 posts
Posted on 1/29/21 at 9:53 am to
quote:

How low should we be looking for AMC to go before jumping in? I was about to pull the trigger at 12.50 and quickly backed out (just before it hit the 12.40s).

It's at 13.95 as I type this.
Posted by jmarto1
Houma, LA/ Las Vegas, NV
Member since Mar 2008
33844 posts
Posted on 1/29/21 at 9:53 am to
My cash for this was in cash app. If there is a way to do that on there I have not figured it out. Poor planning on my part
Posted by Golgi Apparatus
Member since Sep 2009
2552 posts
Posted on 1/29/21 at 9:54 am to
It’ll most likely keep selling off when it runs a bit.

Looks like the diamond hands are all gone from this stock
Posted by greygoose
Member since Aug 2013
11434 posts
Posted on 1/29/21 at 9:54 am to
quote:

Just set a sell limit at 300
Yes. You can always sell at a lower price. I don't know about other platforms, but on TD Ameritrade my limit sell order is cancelled when I put in a new sell order that is below the original.
Posted by S1C EM
Athens, GA
Member since Nov 2007
11585 posts
Posted on 1/29/21 at 9:54 am to
quote:

It's at 13.95 as I type this.


Yeah, I fricked myself again. Can't say how many times I've done that lately.
Posted by CarRamrod
Spurbury, VT
Member since Dec 2006
57426 posts
Posted on 1/29/21 at 9:55 am to
500 was the highest they(TD) let me go.
This post was edited on 1/29/21 at 9:56 am
Posted by S1C EM
Athens, GA
Member since Nov 2007
11585 posts
Posted on 1/29/21 at 9:56 am to
So is the expectation that this will take off like GME or no?
Posted by Bard
Definitely NOT an admin
Member since Oct 2008
51451 posts
Posted on 1/29/21 at 9:57 am to
I bought at 12 yesterday before trading was halted.

I'm debating on selling by the end of the day though. My concern is that over the weekend I'm wondering rules aren't going to be pushed through to block this sort of action, or of the enthusiasm isn't going to wane.

Ideally I would hope this lights a fire in the bellies of investors everywhere and it drives the frick out of AMC's price because I'll gladly sell that bitch at $1k
Posted by PotatoChip
Member since May 2014
3481 posts
Posted on 1/29/21 at 9:57 am to
Why wouldn’t they get rid of these options yesterday when they pushed the price under 7 with a profit?
Posted by greygoose
Member since Aug 2013
11434 posts
Posted on 1/29/21 at 9:59 am to
quote:

So is the expectation that this will take off like GME or no?

Probably not that big, AMC is not shorted nearly as much as GME is, but there is protentional for exponential short term gains. I can see easily making 50% gains.
Posted by CHiPs25
ATL
Member since Apr 2014
2894 posts
Posted on 1/29/21 at 10:01 am to
quote:

I fricked myself again


quote:

Can't say how many times I've done that lately.


Dang, someone needs a girlfriend.
Posted by greygoose
Member since Aug 2013
11434 posts
Posted on 1/29/21 at 10:01 am to
Volume is thru the roof. This is a very good thing! 220 million shares have changed hands in the first 1.5 hours of trading!
Posted by S1C EM
Athens, GA
Member since Nov 2007
11585 posts
Posted on 1/29/21 at 10:01 am to
quote:

Probably not that big, AMC is not shorted nearly as much as GME is, but there is protentional for exponential short term gains. I can see easily making 50% gains.


Are we looking for this to happen by COB today? I have the same concern someone else mentioned earlier....that rules might get put in place over the weekend to curb this stuff.
Posted by S1C EM
Athens, GA
Member since Nov 2007
11585 posts
Posted on 1/29/21 at 10:03 am to
quote:

Dang, someone needs a girlfriend.





Nah, I'm happily married with regular conjugal visits. Maybe not much longer if I keep dabbling in this mess.
Posted by jmarto1
Houma, LA/ Las Vegas, NV
Member since Mar 2008
33844 posts
Posted on 1/29/21 at 10:04 am to
I'm hoping this hits so I can sugar daddy 2 or 3 college girls with daddy issues
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