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re: Holding AMC Thread- Diamond hands unite

Posted on 2/3/21 at 1:48 pm to
Posted by ItNeverRains
37069
Member since Oct 2007
25594 posts
Posted on 2/3/21 at 1:48 pm to
quote:

yea I mean if your stock relies on coordinated pumps to increase value. plan your exit accordingly


It works for hedge funds
Posted by flyAU
Scottsdale
Member since Dec 2010
24855 posts
Posted on 2/3/21 at 1:58 pm to
So portnoy bought back in with $700,000 of AMC.
Posted by DRock88
Member since Aug 2015
9501 posts
Posted on 2/3/21 at 2:26 pm to
Meanwhile, the price has dropped by 10% since the noon peak. It just doesn't make any sense whatsoever. Something has to give.
Posted by EyeOfTheTiger311
Lafayette, LA
Member since Aug 2005
4353 posts
Posted on 2/3/21 at 2:29 pm to
quote:

Meanwhile, the price has dropped by 10% since the noon peak. It just doesn't make any sense whatsoever. Something has to give.



It really doesn't. At this point I'm just going to hold until Friday and see if the chickens come home to roost
Posted by TigeRoots
Member since Oct 2008
8505 posts
Posted on 2/3/21 at 2:43 pm to
quote:

So portnoy bought back in with $700,000 of AMC


Did he provide proof? He sure is melting down pretty hard due to the backlash of him selling. I wouldn't be surprised if he just threw that out to try and cool the Reddit Bros down. "Paper Hands Portnoy"
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
31314 posts
Posted on 2/3/21 at 2:58 pm to
I guess I just don't understand the end game for these guys. Are they just going to hold these stocks in perpetuity? The game has changed. At some point it's going to be right to sell and take profits. I would wager that for both this stock and GME that time is in the rearview.
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 2/3/21 at 3:05 pm to
quote:

mean if your stock relies on coordinated pumps to increase value. plan your exit accordingly


8 downvotes and the price dropped ~$1 since my comment

lmao.
This post was edited on 2/3/21 at 3:07 pm
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 2/3/21 at 3:10 pm to
we now have 53 pages of people continually showcasing they have no idea what they're doing

I wasn't joking that this would be the most embarrassing thread in the history of this site
Posted by DRock88
Member since Aug 2015
9501 posts
Posted on 2/3/21 at 3:12 pm to
I think this is inevitably true for GME. That ship has sailed. Volume is way down now.

I'm not too sure about AMC, which is why I'm still holding. It makes no logical sense that the stock price isn't rising with this level of sales volume. Do I expect it to go bananas like GME? No, but it just doesn't add up. Are they just going to keep issuing more and more stock? That would be silly.
Posted by Hailstate15
ForeverGator's mom's
Member since Nov 2018
21466 posts
Posted on 2/3/21 at 3:15 pm to
quote:

we now have 53 pages of people continually showcasing they have no idea what they're doing

I wasn't joking that this would be the most embarrassing thread in the history of this site


Will you shut up? We all knew this was a gamble. Hate to break it to ya but you are no better than anyone else in this thread. GTFO
Posted by TheOcean
#honeyfriedchicken
Member since Aug 2004
42555 posts
Posted on 2/3/21 at 3:15 pm to
Bro you're melting pretty hard and I don't know why
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 2/3/21 at 3:17 pm to
quote:

 they just going to keep issuing more and more stock? That would be silly.






why is that silly?
Posted by Hailstate15
ForeverGator's mom's
Member since Nov 2018
21466 posts
Posted on 2/3/21 at 3:21 pm to
Shut up old man. Get out
Posted by BarberitosDawg
Lee County Florida across causeway
Member since Oct 2013
9914 posts
Posted on 2/3/21 at 4:21 pm to
Look Sir,
I’m an old man and and as you might be correct in a linear sense, you are missing the future. I have held a portfolio of stocks since my grand pop set me up in 1976.

It doesn’t make me an authority on the market but over those years doesn’t make me turn a blind eye on future trends.

This is the Wild West era of social media driven market positions.

Money will be waged and wins and losses will be staggering.

A whole new influx of investors has risen and taken interest. It’s best to be on the learning curve here even if you sit it out.

Posted by SkinnyTestaverde
Fort Lauderdale
Member since Dec 2009
401 posts
Posted on 2/3/21 at 4:59 pm to
AMC is a classic pump and hope it works out for everyone. I was in and made $600 and bitched out while losing a few k on BB and Nokia even though I was in them way early I kept pumping money in waiting for the pop on Thursday that got stolen from us.

This stock is on our overlords list and they are going to frick with it and bleed it dry while screwing everyone imo. I hope I’m wrong and I ain’t selling my NOK or BB but I don’t have confidence. The powers that be have doled out their punishment and most normal people are scared of this shite at least short term
Posted by oleusakid
Member since Sep 2020
1069 posts
Posted on 2/3/21 at 6:01 pm to
quote:

That ship has sailed. Volume is way down now.


And to think, I almost purchased 20K on GME...

Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
31314 posts
Posted on 2/3/21 at 6:01 pm to
quote:

This stock is on our overlords list and they are going to frick with it and bleed it dry while screwing everyone imo. I hope I’m wrong and I ain’t selling my NOK or BB but I don’t have confidence.


I might have read your post wrong, but if you believe this to be the case, why would you continue to hold?
Posted by BarberitosDawg
Lee County Florida across causeway
Member since Oct 2013
9914 posts
Posted on 2/3/21 at 6:03 pm to
I can’t argue with anything you have just reported.

I’m in this game just honestly to fulfill an interest and play part. I’m holding.

If the millennial groups figure it out and it will be a short window because the system will adjust and it’s all stop-gap measures holding it back presently, a fortune is to be had.

This is the new Gold Rush.

Smart people are watching everything.

Posted by Nguyener
Kame House
Member since Mar 2013
20603 posts
Posted on 2/3/21 at 6:17 pm to
quote:

most embarrassing thread in the history of this site


It’s not even in the top 200.

You’re being an obnoxious little baby though
Posted by Blueprint
Member since Apr 2018
2069 posts
Posted on 2/3/21 at 6:20 pm to
It’s almost like you are trying to speak the stock into a dud.
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