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re: Holding AMC Thread- Diamond hands unite

Posted on 3/20/21 at 6:54 pm to
Posted by GeeOH
Louisiana
Member since Dec 2013
13376 posts
Posted on 3/20/21 at 6:54 pm to
Again, short it big mouth. Show us screenshot...than talk shite.

Or keep being an arse and act like you're positive, yet won't put your money on your sophomoric theory
Posted by GeeOH
Louisiana
Member since Dec 2013
13376 posts
Posted on 3/20/21 at 6:57 pm to
quote:

knew $900 didn’t have a shot but I was hoping for maybe like $50 or at worst $20. Might sell my shares next week, turn a small profit and move on

Don't be stupid. If anything, Friday prove it couldn't be panicked.

Think about that. Monday open at 15.50
Posted by Sasquatch2020
Member since Oct 2020
519 posts
Posted on 3/20/21 at 9:14 pm to
Holding till 500... I think it happens. Redistribution of wealth through stock market is about to happen... a man can believe right!! Don’t piss in my Cheerios!
Posted by TheOcean
#honeyfriedchicken
Member since Aug 2004
44450 posts
Posted on 3/20/21 at 9:31 pm to
Holding above $13.50 this week was a huge win
Posted by rowbear1922
Houston, TX
Member since Oct 2008
15597 posts
Posted on 3/21/21 at 11:39 am to
quote:

Holding above $13.50 this week was a huge win


How so if a bunch of options were set to expire on the 19th?
Posted by slacker00
Member since Mar 2011
589 posts
Posted on 3/21/21 at 7:51 pm to
3rd Friday is a little bigger (because those are the monthlies), but did you know that options expire every Friday?
Posted by TheOcean
#honeyfriedchicken
Member since Aug 2004
44450 posts
Posted on 3/21/21 at 8:48 pm to
We riding this week boys
Posted by rowbear1922
Houston, TX
Member since Oct 2008
15597 posts
Posted on 3/21/21 at 8:51 pm to
quote:


3rd Friday is a little bigger (because those are the monthlies), but did you know that options expire every Friday?


Yes, but if you have a Friday with a bunch of them that’s supposed to start the short squeeze as people were saying then doesn’t happen, I don’t think it ever will.
Posted by supadave3
Houston, TX
Member since Dec 2005
31177 posts
Posted on 3/22/21 at 7:47 am to
I’m not riding the short squeeze hope (of course I’d happily take it) but my ultimate goal was based off of the re-opening and all the blockbusters rolling through. I still plan on selling some 25% at $15 and 55% or more if it touch’s $20 and holding on to to that last 20% for awhile. Do you all not expect the re-opening to have a big impact?

I’m not super highly invested in this but enough that I’m paying attention. The last 2 I got highly invested in crashed on me, WKHS and ONTK. Eeesh.

BTW, my average share price is $8.90.
This post was edited on 3/22/21 at 7:49 am
Posted by rowbear1922
Houston, TX
Member since Oct 2008
15597 posts
Posted on 3/22/21 at 7:55 am to
quote:

Do you all not expect the re-opening to have a big impact?


I bought in because China is setting record high ticket sales as they open and I expect that to happen with AMC. I sold a little less than half at $14 which brings my per share cost avg (with the gain from the $14 sale) to $5/share so I have room to ride).
Posted by slackster
Houston
Member since Mar 2009
90041 posts
Posted on 3/22/21 at 8:11 am to
quote:

Again, short it big mouth. Show us screenshot...than talk shite.

Or keep being an arse and act like you're positive, yet won't put your money on your sophomoric theory


Such an angry long. Christ.
Posted by supadave3
Houston, TX
Member since Dec 2005
31177 posts
Posted on 3/22/21 at 8:15 am to
quote:

$5/share so I have room to ride).


Yeah, at almost 200% growth, I can see why you’d get out around now. I’ve started a rule that if a stock doubled in price, sell at least 25% no matter what the current outlook is. I didn’t do that on WKHS or ONTK and it bit me bad. The worst was WKHS because I continued to add all through the climb becoming more and more convinced it was going to explode. It didn’t.

Then I panicked and sold 75% at almost the lowest point. I couldn’t have played it worse if I tried unless I would have bought big at the top of the climb. Luckily, it was mostly earnings that I lost and only partially real money spent.
This post was edited on 3/22/21 at 8:19 am
Posted by supadave3
Houston, TX
Member since Dec 2005
31177 posts
Posted on 3/22/21 at 8:37 am to
Well, my stop loss of $12.50 just hit, can’t say I expected that to happen today.
Posted by slackster
Houston
Member since Mar 2009
90041 posts
Posted on 3/22/21 at 8:46 am to
quote:

Well, my stop loss of $12.50 just hit, can’t say I expected that to happen today.



Yikes. Plummeted at the open. Bouncing back a little now. Buying opportunity?

Eta- GME relatively flat for the day, so the drop seems unrelated.
This post was edited on 3/22/21 at 8:49 am
Posted by supadave3
Houston, TX
Member since Dec 2005
31177 posts
Posted on 3/22/21 at 8:48 am to
quote:

Yikes. Plummeted at the open. Bouncing back a little now. Buying opportunity?



No, any buying I’m going to do on AMC is in the rear view mirror. Now it’s just when to sell.
Posted by rocket31
Member since Jan 2008
41861 posts
Posted on 3/22/21 at 8:55 am to

we are getting a hall of fame thread for free, the takes have been amazing for over a month now
Posted by CajunTiger78
Member since Aug 2017
2879 posts
Posted on 3/22/21 at 9:01 am to
And here is rocket31 on que to point out the drop.
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
34172 posts
Posted on 3/22/21 at 10:15 am to
I was just checking in to see what happened EOD on Friday. I thought that was the quadruple witching hour I'd heard so much about. What went wrong?

Hopefully some of you with more reasonable expectations took some profits.
Posted by TheOcean
#honeyfriedchicken
Member since Aug 2004
44450 posts
Posted on 3/22/21 at 10:32 am to
Here comes the soy boy, wall street know it alls
Posted by bluebarracuda
Member since Oct 2011
18892 posts
Posted on 3/22/21 at 11:36 am to
quote:

Here comes the soy boy, wall street know it alls



Yet a certain someone was proclaiming the moon was Friday, and what happened?

It goes both ways
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