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Started By
Message
re: Holding AMC Thread- Diamond hands unite
Posted on 3/15/21 at 8:55 am to CajunTiger78
Posted on 3/15/21 at 8:55 am to CajunTiger78
It’s runnin!
1
Posted on 3/15/21 at 9:14 am to Blackfield
Sure is!
Posted on 3/15/21 at 9:35 am to CajunTiger78
Hopefully the stimulus and Reddit peeps keep pushing this thing. I’ve got my exit point figured out. Been a fun ride, but I’m ready to jump ship.
Posted on 3/15/21 at 9:51 am to Lsut81
I believe this a is a squeeze, however this is a good long-term hold as well. No reason this doesn't hit $50 over the next few months IMHO.
Posted on 3/15/21 at 9:55 am to CajunTiger78
quote:
No reason this doesn't hit $50 over the next few months IMHO.
How, unless its by artificial manipulation from the retail traders on Reddit?
Looks like its previous high was in 2014 was $32.
No doubt there is pent up demand to return to movie theaters, but why would you think it would nearly double its previous high? I’d think we’d see it back in the 30s at some point.
Genuinely curious.
Posted on 3/15/21 at 10:10 am to Lsut81
One reason other than the fact you pointed out about the general consensus of the population wanting to get out and start living again is I believe AMC is going to come out as the front-runner and possibly one of the last major movie companies when its all said and done.
Take this with a grain of salt this is just my opinion and thoughts.
Take this with a grain of salt this is just my opinion and thoughts.
Posted on 3/15/21 at 10:12 am to CajunTiger78
quote:
I believe this a is a squeeze
You know we can tell how many shares are shorted, right?
Right now, unless I'm reading the data wrong, it's about 18% short, down from around 30% last week. This is not a short squeeze.
LINK
This post was edited on 3/15/21 at 10:16 am
Posted on 3/15/21 at 10:13 am to CajunTiger78
Just sold all my shares at $13.50 and made a decent profit
Inevitably it’ll hit $20 by the end of the week
Inevitably it’ll hit $20 by the end of the week
Posted on 3/15/21 at 10:16 am to ellishughtiger
quote:
made a decent profit
No shame in that game.
Posted on 3/15/21 at 10:17 am to ellishughtiger
why did you sell if you think it is going to 20?
Posted on 3/15/21 at 11:10 am to xxTIMMYxx
Probably meant it as in he has a history of selling stock before it runs up
Posted on 3/15/21 at 11:41 am to ellishughtiger
Hey the important thing is you came out in the green. But I think you assumption it will hit the $20 mark by or before the end of the week is correct. I won't even start setting stop losses until it goes past the $20 mark. But that is just me.
Posted on 3/15/21 at 11:55 am to CajunTiger78
My average share price is $11. I help firm when it dropped into the $5 range now I'm sitting on a nice profit and a %10 trailing stop order.
I'm going to let it run but am playing with house money from here on out.
I'm going to let it run but am playing with house money from here on out.
Posted on 3/15/21 at 12:24 pm to JackaReaux
quote:
Probably meant it as in he has a history of selling stock before it runs up
This
Took my gains and bought some etf’s - QQQ and RSP
I’m over buying individual stocks
Posted on 3/15/21 at 12:34 pm to ellishughtiger
These Stimulus checks are about to create some more millionaires aren’t they.
Posted on 3/15/21 at 12:37 pm to ellishughtiger
No concern with rising rates taking a toll on the Nasdaq later this year?
Posted on 3/15/21 at 12:38 pm to CajunTiger78
quote:
No reason this doesn't hit $50 over the next few months IMHO.
Other than the fact that $50/shr would give it an enterprise value 7.5x higher than it was worth pre-pandemic, sure.
Posted on 3/15/21 at 12:42 pm to slackster
Keep pushing boys... Looking for another 2-3 dollars and I’m out.
Posted on 3/15/21 at 12:47 pm to RebelExpress38
quote:
Man arrested after screaming "Stonks" outside of GameStop high on PCP for 36 straight hours
At least there wasn't anyone around to be disturbed by him.
*rimshot*
This post was edited on 3/15/21 at 12:48 pm
Posted on 3/15/21 at 4:10 pm to Chucktown_Badger
I'm almost certain that you and Slackter shorted AMC, and are underwater.....BIGTIME. Only explanation for y'all coming back to this thread, week after week, slinging shite.
If not, we get it. Y'all don't like this stock. No need to keep repeating yourself, over and over, trying to convince people it's shite, all the while, the stock keeps going up.
If not, we get it. Y'all don't like this stock. No need to keep repeating yourself, over and over, trying to convince people it's shite, all the while, the stock keeps going up.
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