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re: Holding AMC Thread- Diamond hands unite

Posted on 3/18/21 at 9:57 am to
Posted by slackster
Houston
Member since Mar 2009
90040 posts
Posted on 3/18/21 at 9:57 am to
quote:

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


Did they? Do you have a link?

I know the run up in value moved AMC up on a lot of index funds and ETFs, and depending on the rebalancing period many had to add shares by default.
Posted by castorinho
13623 posts
Member since Nov 2010
84666 posts
Posted on 3/18/21 at 10:00 am to
Yeah it's a nothingburger
Posted by slackster
Houston
Member since Mar 2009
90040 posts
Posted on 3/18/21 at 10:00 am to
quote:

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.


There is nothing negative about asking how your math is possible given the current float. You’re either right or you’re wrong - all I did was ask the question.

Like I said earlier in the thread, you seem to take great offense to someone refusing to accept your posts at face value. You’d think a guy doing legit DD and reading would welcome the chance to post his proof.

Lastly, as I’ve said in every single stock thread, I hope you and everyone else continues to make money.
Posted by greygoose
Member since Aug 2013
12816 posts
Posted on 3/18/21 at 10:21 am to
quote:

Did they? Do you have a link?

I know the run up in value moved AMC up on a lot of index funds and ETFs, and depending on the rebalancing period many had to add shares by default.

For someone who seems to know so much, I'm surprised you've never heard of Fintel. The 1st four are Fidelity funds. Here's your linK:

LINK

Posted by greygoose
Member since Aug 2013
12816 posts
Posted on 3/18/21 at 10:34 am to
Also notice what Blackrock did back on 2/5/21. I guess those guys who run the largest asset management company in the freaking WORLD, are pretty dumb to double their position, huh? Wonder why they haven't sold yet?
Posted by SkinnyTestaverde
Fort Lauderdale
Member since Dec 2009
401 posts
Posted on 3/18/21 at 11:21 am to
Lmao @ this getting to 100. I mean I hope it does for y’all but lmao
Posted by UltimaParadox
North Carolina
Member since Nov 2008
47386 posts
Posted on 3/18/21 at 11:21 am to
Summing up AMC in one chart



So anyone trying to make an argument on share price on anything other than a "short squeeze" speculation is insane
Posted by slackster
Houston
Member since Mar 2009
90040 posts
Posted on 3/18/21 at 12:12 pm to
quote:

For someone who seems to know so much, I'm surprised you've never heard of Fintel. The 1st four are Fidelity funds. Here's your linK:


Thanks. 4 index funds, which makes sense. They have to buy/sell as they rebalance. I was wondering if it was an active fund.
Posted by slackster
Houston
Member since Mar 2009
90040 posts
Posted on 3/18/21 at 12:14 pm to
quote:

Also notice what Blackrock did back on 2/5/21. I guess those guys who run the largest asset management company in the freaking WORLD, are pretty dumb to double their position, huh? Wonder why they haven't sold yet?


Eh, it’s likely index funds as well. The majority of institutional ownership is index funds IIRC.
Posted by GeeOH
Louisiana
Member since Dec 2013
13376 posts
Posted on 3/18/21 at 1:13 pm to
quote:

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


No one thinks it worth more now than pre covid. Quit being an arse.
But, if you don't believe it could hit over $20 on revenues alone, you're wrong. The next 3 months will probably be some of the highest 3 months in revenue (per customer), ever. I assume covud will limit capacity or it would hit its highest revenue ever.
That being said, debt is higher, but restructured.

I definitely think a squeeze will happen to some extent..how much, who knows?

Lots of the phantom shares shorted will need to be covered...its about to all come out in the wash

Short it if you think it's so overvalued...prove your own words.

I got in at 7.90.
Posted by Sasquatch2020
Member since Oct 2020
519 posts
Posted on 3/18/21 at 1:17 pm to
Im a holding with the belief that there could be a possibility it spikes like GME
Posted by Blackfield
Member since Jan 2010
466 posts
Posted on 3/18/21 at 4:37 pm to
Can you translate? Does this recent surge of outstanding shares indicate a positive for the stock price or is it a sign of negativity?
Posted by DRock88
Member since Aug 2015
10055 posts
Posted on 3/18/21 at 4:50 pm to
I could give you the textbook answer, but these meme stocks haven't acted like many thought they would.
Posted by slackster
Houston
Member since Mar 2009
90040 posts
Posted on 3/18/21 at 7:59 pm to
quote:

No one thinks it worth more now than pre covid. Quit being an arse.


It’s enterprise value is worth about 3x what it was pre covid, so clearly you think it’s worth more than it was pre covid.

I find it funny that facts make me an arse.
Posted by TheOcean
#honeyfriedchicken
Member since Aug 2004
44450 posts
Posted on 3/18/21 at 8:25 pm to
Tomorrow's going to be a big day boys
Posted by slackster
Houston
Member since Mar 2009
90040 posts
Posted on 3/18/21 at 8:34 pm to
quote:

Tomorrow's going to be a big day boys


Hope so. All those shares that have to be covered that are more than the available outstanding shares according to greygoose should be something.
Posted by Lsut81
Member since Jun 2005
82892 posts
Posted on 3/18/21 at 8:38 pm to
quote:

Tomorrow's going to be a big day boys


This is becoming as bad as Tic Toc Tic Toc on the poli board...


The big ole nothingburger


I’ve got a small stake for the sheer fun of going along for the ride, but know realistically it isn’t going to do anywhere near what GME did.
Posted by slackster
Houston
Member since Mar 2009
90040 posts
Posted on 3/18/21 at 8:40 pm to
quote:

This is becoming as bad as Tic Toc Tic Toc on the poli board...


The big ole nothingburger


Quadruple witching baw.

I look forward to my post being bumped 18 hours from now.
Posted by Lsut81
Member since Jun 2005
82892 posts
Posted on 3/18/21 at 8:45 pm to
quote:

look forward to my post being bumped 18 hours from now.


Posted by TheOcean
#honeyfriedchicken
Member since Aug 2004
44450 posts
Posted on 3/18/21 at 8:52 pm to
?

AMC has been slowly climbing and becoming less volatile. I've never once said it'll be the next GME. But I'll continue making a killing off of AMC while slapdicks like slackster and chitown pretend they know what they're talking about.
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