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re: Holding AMC Thread- Diamond hands unite

Posted on 1/29/21 at 11:43 am to
Posted by Hailstate15
ForeverGator's mom's
Member since Nov 2018
21466 posts
Posted on 1/29/21 at 11:43 am to
that or monday
Posted by greygoose
Member since Aug 2013
12707 posts
Posted on 1/29/21 at 11:43 am to
quote:

Gotta be insiders trying to push people to sell. I’m holding for this run!

THIS! Happens all the time with individual stocks. Big firms use computers to manipulate pricing.
Posted by CarRamrod
Spurbury, VT
Member since Dec 2006
57951 posts
Posted on 1/29/21 at 11:45 am to
quote:

THIS! Happens all the time with individual stocks. Big firms use computers to manipulate pricing.
and what retail investors are doing is cheating...
Posted by CarRamrod
Spurbury, VT
Member since Dec 2006
57951 posts
Posted on 1/29/21 at 11:46 am to
quote:

for a near bankrupt movie theater? I'm not answering that


i think we are on the same page. i thought you said man dont sell at 400... and i was like what? 400 is the moon.
Posted by wheelr
Banned
Member since Jul 2012
5800 posts
Posted on 1/29/21 at 11:46 am to
I'm no options expert (only buy calls), and someone correct me if I'm wrong, but this looks like a lot of puts expiring today that will need to be covered.

Posted by Hailstate15
ForeverGator's mom's
Member since Nov 2018
21466 posts
Posted on 1/29/21 at 11:47 am to
my bad lol. if it hits 200 I will shite my pants
Posted by greygoose
Member since Aug 2013
12707 posts
Posted on 1/29/21 at 11:50 am to
quote:

wheelr
Welcome to the party, Pal!
Posted by greygoose
Member since Aug 2013
12707 posts
Posted on 1/29/21 at 11:52 am to
quote:

my bad lol. if it hits 200 I will shite my pants
Me too, and I'll have hundred dollar bills to wipe my arse with!

I'm currently sitting on 3760 shares.
Posted by Hailstate15
ForeverGator's mom's
Member since Nov 2018
21466 posts
Posted on 1/29/21 at 11:53 am to
quote:

I'm currently sitting on 3760 shares.

Jesus. What's your average cost?
Posted by PotatoChip
Member since May 2014
4193 posts
Posted on 1/29/21 at 11:53 am to
The red candles volume aren’t super high or anything, just taking out a bunch of stop losses. Some of it looks planned
Posted by Hailstate15
ForeverGator's mom's
Member since Nov 2018
21466 posts
Posted on 1/29/21 at 11:54 am to
we smash the roof at 14 every damn time
Posted by greygoose
Member since Aug 2013
12707 posts
Posted on 1/29/21 at 11:54 am to
15.11
Posted by PotatoChip
Member since May 2014
4193 posts
Posted on 1/29/21 at 11:55 am to
Need a few buyers out there to absorb these body blows
Posted by Hailstate15
ForeverGator's mom's
Member since Nov 2018
21466 posts
Posted on 1/29/21 at 11:55 am to
frick it
Posted by wheelr
Banned
Member since Jul 2012
5800 posts
Posted on 1/29/21 at 11:55 am to
quote:

Welcome to the party, Pal!





I joined a couple days ago.

Just providing a visual so people don't sell.
Posted by oleheat
Sportsman's Paradise
Member since Mar 2007
14157 posts
Posted on 1/29/21 at 11:56 am to
quote:

Me too, and I'll have hundred dollar bills to wipe my arse with!

I'm currently sitting on 3760 shares.


Damn! Pulling for you!!
Posted by greygoose
Member since Aug 2013
12707 posts
Posted on 1/29/21 at 11:56 am to
quote:

The red candles volume aren’t super high or anything, just taking out a bunch of stop losses. Some of it looks planned

Exactly why I don't set stop losses. Big boys can see those orders, pull the price down to take out the stop-loss orders, then watch it run. Don't think for a second platforms like Robinhood aren't neck deep with the investment firms with that information.
Posted by PEEPO
Member since Sep 2020
1820 posts
Posted on 1/29/21 at 11:56 am to
I have no idea if this is true or if I'm reading it right but according to some random post on the WSB daily thread, of the 57 million AMC shares they claim 45 million are being shorted right now, so if they have to cover it's going to create an insane whiplash upward. That's the theory anyway.
Posted by Hailstate15
ForeverGator's mom's
Member since Nov 2018
21466 posts
Posted on 1/29/21 at 11:58 am to
no way that many are shorted.
Posted by greygoose
Member since Aug 2013
12707 posts
Posted on 1/29/21 at 11:59 am to
quote:

Need a few buyers out there to absorb these body blows

That or everyone just holds! The key is the contract expiration. There's a finite amount of shares the hedges can buy. Can't manipulate the price down if they are only buying and selling to themselves.
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