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re: Holding AMC Thread- Diamond hands unite

Posted on 3/17/21 at 4:37 pm to
Posted by greygoose
Member since Aug 2013
12802 posts
Posted on 3/17/21 at 4:37 pm to
quote:

What PT u hoping for though?

???
Posted by greygoose
Member since Aug 2013
12802 posts
Posted on 3/17/21 at 4:50 pm to
New DTCC rule explained:

LINK
Posted by Sasquatch2020
Member since Oct 2020
519 posts
Posted on 3/17/21 at 5:01 pm to
Price target
Posted by greygoose
Member since Aug 2013
12802 posts
Posted on 3/17/21 at 5:11 pm to
quote:

Price target

Lot's of catalysts on the horizon. I can't put a date on it, but I can see how it could easily hit $100. I'm up about 30% right now, but I see this number going much higher. Friday should be off the chain. Wouldn't surprise me to see it gap up during pre-market tomorrow at over $15.
Posted by slackster
Houston
Member since Mar 2009
90020 posts
Posted on 3/17/21 at 7:09 pm to
quote:

I can't put a date on it, but I can see how it could easily hit $100.


How do you imagine that playing out? Due to a squeeze or due to the true valuation of the company?

Eta - AMC has been stuck in a long term down trend well before the pandemic. I’d be interested in hearing your path of how it would get to $100 with so many more shares now on the books.
This post was edited on 3/17/21 at 7:18 pm
Posted by TheOcean
#honeyfriedchicken
Member since Aug 2004
44428 posts
Posted on 3/17/21 at 7:50 pm to
AMC to the god damn moon
Posted by TheOcean
#honeyfriedchicken
Member since Aug 2004
44428 posts
Posted on 3/18/21 at 5:55 am to
WE CLIMBING
Posted by greygoose
Member since Aug 2013
12802 posts
Posted on 3/18/21 at 7:51 am to
quote:

WE CLIMBING
Pre-market bs on low volume. Should run today. After Hours is really going to be interesting, considering tomorrow is quadruple witching day!
Posted by BoxComboNoSlawXToast
Louisiana
Member since Feb 2018
330 posts
Posted on 3/18/21 at 7:54 am to
Are y’all expecting it to keep running on Monday, or after the run tomorrow do y’all expect it to settle back down?
Posted by bluebarracuda
Member since Oct 2011
18885 posts
Posted on 3/18/21 at 7:58 am to
I love how you're getting downvoted but no one has come to answer this question
Posted by greygoose
Member since Aug 2013
12802 posts
Posted on 3/18/21 at 8:02 am to
quote:

I love how you're getting downvoted but no one has come to answer this question

Haters gonna hate?
Posted by Sasquatch2020
Member since Oct 2020
519 posts
Posted on 3/18/21 at 8:20 am to
it seems the consensus is due to a squeeze i think... If people dont sell their shares, the price will be driven up. The apes pick the price is what the constant narrative is on stockwits.

You can probably explain why its not possible but then their are others that say why its possible. Someone is lying right. Why did fidelity put that graph up showing it could get to 1000? If it doesnt get to 100, 500, or 1000, oh well but I am not selling regardless just in case some crazy shite happens
Posted by greygoose
Member since Aug 2013
12802 posts
Posted on 3/18/21 at 8:22 am to
quote:

I love how you're getting downvoted but no one has come to answer this question
I'm up 33% on AMC since my original purchase on 1/27. Averaged down as the price dropped. I don't claim to be all-knowing, but I do my DD, read a ton, and form my on analysis. All that being said, it only encourages me more, when I see massive institutions coming to the same conclusions and buying in. Vanguard, Blackrock, and most recently, Fidelity.
Posted by TheOcean
#honeyfriedchicken
Member since Aug 2004
44428 posts
Posted on 3/18/21 at 8:54 am to
Man this volume is incredible today. Dropped another $10k into AMC this morning when it hit 13.90. I've got $52k into AMC this morning. Made $25k so far thanks to AMC
Posted by greygoose
Member since Aug 2013
12802 posts
Posted on 3/18/21 at 9:05 am to
quote:

it seems the consensus is due to a squeeze i think... If people dont sell their shares, the price will be driven up. The apes pick the price is what the constant narrative is on stockwits.

You can probably explain why its not possible but then their are others that say why its possible. Someone is lying right. Why did fidelity put that graph up showing it could get to 1000? If it doesnt get to 100, 500, or 1000, oh well but I am not selling regardless just in case some crazy shite happens
quote:

it seems the consensus is due to a squeeze i think... If people dont sell their shares, the price will be driven up. The apes pick the price is what the constant narrative is on stockwits.

You can probably explain why its not possible but then their are others that say why its possible. Someone is lying right. Why did fidelity put that graph up showing it could get to 1000? If it doesnt get to 100, 500, or 1000, oh well but I am not selling regardless just in case some crazy shite happens
Very volatile day, with big swings.

Apparently, there a TON of naked shorts, that expired and had a failure to deliver. Last I checked, utilization was close to 100%. In a nutshell, more shares HAVE TO BE BOUGHT, than currently exist. With the new DTCC rule, those institutions that have heavily shorted this stock, will have to provide collateral to support their short position, and required to report their shorts whenever asked by the DTCC. Prior, this was not the case and why this is a game changer that GREATLY affects nefarious actions taken in the past, to manipulate price.

Like many others have stated, it's not if, it's when the squeeze happens.
Posted by greygoose
Member since Aug 2013
12802 posts
Posted on 3/18/21 at 9:09 am to
quote:

Man this volume is incredible today. Dropped another $10k into AMC this morning when it hit 13.90. I've got $52k into AMC this morning. Made $25k so far thanks to AMC

DIAMOND HANDS! I'm up $34K!

Apparently, someone doesn't like the fact we are making money. Patiently awaiting the downvote on this post, like the one you got.

Posted by MusclesofBrussels
Member since Dec 2015
4859 posts
Posted on 3/18/21 at 9:31 am to
quote:

I do my DD, read a ton, and form my on analysis.




Reading and falling for blatant lies and misinformation on reddit that you then confidently try to spread here as if you have any clue what you're talking about?
Posted by slackster
Houston
Member since Mar 2009
90020 posts
Posted on 3/18/21 at 9:48 am to
quote:

Apparently, there a TON of naked shorts, that expired and had a failure to deliver. Last I checked, utilization was close to 100%. In a nutshell, more shares HAVE TO BE BOUGHT, than currently exist.


I’m not sure how this is possible considering the float is now 403MM shares. It was essentially half that in the initial squeeze.
Posted by greygoose
Member since Aug 2013
12802 posts
Posted on 3/18/21 at 9:48 am to
quote:

Reading and falling for blatant lies and misinformation on reddit that you then confidently try to spread here as if you have any clue what you're talking about?

Oh you!

I've now been exposed........just like Fidelity who just went long and bought a ton of shares.

My master plan of influencing the DOZENS of people that are interested in this thread, on this site, has been blown. The horror!
Posted by greygoose
Member since Aug 2013
12802 posts
Posted on 3/18/21 at 9:55 am to
quote:

I’m not sure how this is possible considering the float is now 403MM shares. It was essentially half that in the initial squeeze.


Your negativity is truly inspiring (looking at the AMC 1 month chart). Keep up the great work. You almost have me sad about my gains.
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