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re: Holding AMC Thread- Diamond hands unite
Posted on 5/11/21 at 9:58 am to Chucktown_Badger
Posted on 5/11/21 at 9:58 am to Chucktown_Badger
You know its a bad day when the only stock in my portfolio not red today is AMC. 
1
Posted on 5/11/21 at 11:11 am to AbitaFan08
77.1% only 4K shares to borrow. Holding above 10 on a very tough day
Posted on 5/11/21 at 11:46 am to ItNeverRains
AMC is kicking arse
Posted on 5/11/21 at 2:33 pm to UltimaParadox
quote:
Lol if amc goes back to pre pandemic levels the stock would be literally worth like a dollar
quote:
UltimaParadox
So with this, I assume you have shorted the hell out of it right??
Posted on 5/11/21 at 5:10 pm to PennyPacker
quote:
with this, I assume you have shorted the hell out of it right??
Negative... You didn't read my post
quote:
The business part of amc is completely disconnected from it's current share price
The share price is completely unrelated to the underlying business. I don't gamble
Posted on 5/11/21 at 6:02 pm to UltimaParadox
quote:
You didn't read my post
I read your post just fine. You didn't say anything about gambling or not shorting. You just gave your opinion on the future value of the stock which is fine with me. You seemed pretty confident in your post, if that level of confidence is gambling then not sure what you're investing in. But good luck too you.??
Posted on 5/11/21 at 7:21 pm to PennyPacker
Not to answer for him, but there's what the stock SHOULD do based on its fundamentals, and there's what it COULD do based on morons who don't give a shite about fundamentals. Not something I'd be confident throwing my money at, either side (though I do have that one put which will likely expire worthless).
Posted on 5/11/21 at 8:03 pm to PennyPacker
quote:
You just gave your opinion on the future value of the stock which is fine with me.
No I didn't. I said if the stock traded at it's pre pandemic levels it would be worth a dollar. That is based on its earnings versus the number of shares.
The comment was made in response to someone saying the business would improve once movies started coming back.
However currently amc is valued at many multiples of it's previous valuations.
So people going to the movies really has no bearing on stock price
Posted on 5/11/21 at 10:35 pm to UltimaParadox
quote:
However currently amc is valued at many multiples of it's previous valuations.
This is a good read that pretty succinctly dismantles the misguided case of the reddit crowd.
The Full Story on AMC You Won't Hear From Retail Investors - Motley Fool
An excerpt on the valuation point
quote:
Following the release of its first-quarter operating results on May 6, shares of AMC moved higher to end last week at $9.51 a share. That's a mile away from its intraday high of $35.65 hit on Nov. 17, 2016. But because the company has issued so much stock and converted some of its debt to equity, it ended last week with a market cap of $4.28 billion. On Nov. 17, 2016, its market cap was $3.46 billion. Even though its share price has moved 73% lower, the company's valuation is actually 24% higher!
This post was edited on 5/11/21 at 10:36 pm
Posted on 5/12/21 at 12:21 am to Chucktown_Badger
Citing a motley fool article...lulz
Posted on 5/12/21 at 3:41 am to TheOcean
We up nicely early
Posted on 5/12/21 at 6:31 am to Chucktown_Badger
Motley Fool is in bed with Citadel and Melvin. They say whatever those HF’s tell them to say. Somewhere between apes on Reddit Hodling for 500k & Motley Fool is the real story on AMC.
What interesting right now as the market looks shaky is knowing you have communities of people who won’t sell, does the meme GME AMC stocks looks like safe havens?
What interesting right now as the market looks shaky is knowing you have communities of people who won’t sell, does the meme GME AMC stocks looks like safe havens?
This post was edited on 5/12/21 at 6:34 am
Posted on 5/12/21 at 6:33 am to TheOcean
Human psychology says that when a stock starts rising people start buying and when it starts falling people sell. With that being said what price per share do you guys think would start the catalyst for a buying frenzy? I think if it breaks the $15 mark we may see this light off. Just my guess.
This post was edited on 5/12/21 at 6:34 am
Posted on 5/12/21 at 6:38 am to CajunTiger78
quote:
Human psychology says that when a stock starts rising people start buying and when it starts falling people sell. With that being said what price per share do you guys think would start the catalyst for a buying frenzy? I think if it breaks the $15 mark we may see this light off. Just my guess.
It was down over 10% last week and the chatter on Reddit and Stocktwits AMC forums was “is pineapple a credible pizza topping”.
This has to be the most owned fund globally by people on the spectrum and those who just hope the world burns to the ground. It’s literally a spite play. I have no idea how it ends
Posted on 5/12/21 at 8:01 am to TheOcean
quote:
Citing a motley fool article...lulz
What in there was inaccurate?
This post was edited on 5/12/21 at 8:01 am
Posted on 5/12/21 at 8:02 am to ItNeverRains
quote:
knowing you have communities of people who won’t sell,
This is 100% false and proven by simply looking at the charts.
This post was edited on 5/12/21 at 8:03 am
Posted on 5/12/21 at 8:22 am to Chucktown_Badger
Everybody is lying about their market cap!!!
Posted on 5/12/21 at 8:33 am to Chucktown_Badger
quote:
This is 100% false and proven by simply looking at the charts
You may be right. But retail thinks this is HF to HF swapping back and forth, aka manipulation for an overwhelming % of inflow/outflow.
Posted on 5/12/21 at 9:35 am to UltimaParadox
Yet Zacks Ranks AMC as a hold at the share price of 10.36...
Here is the problem most people fail to get... the system is corrupt as sh!t!! Most all the talking heads and "information companies" are pushing an agenda. One site says one thing another site says another. Everyone uses fundamentals or projection or theories or whatever the hell they want to use to show why they are right. Most, if not all, are "sponsored" by someone and pushing an agenda. This goes for the Reddit, Discord, and whatever other chat room you want to frequent or Youtuber you want to watch as well. Everyone is just trying to get ahead.
No different than watching CNN or FoxNews... Good luck getting the entire unbiased story from either.
I say do your own research, make up your own mind, and do your own plays. If you get burned its on you... if you come out on top then good for you!
Here is the problem most people fail to get... the system is corrupt as sh!t!! Most all the talking heads and "information companies" are pushing an agenda. One site says one thing another site says another. Everyone uses fundamentals or projection or theories or whatever the hell they want to use to show why they are right. Most, if not all, are "sponsored" by someone and pushing an agenda. This goes for the Reddit, Discord, and whatever other chat room you want to frequent or Youtuber you want to watch as well. Everyone is just trying to get ahead.
No different than watching CNN or FoxNews... Good luck getting the entire unbiased story from either.
I say do your own research, make up your own mind, and do your own plays. If you get burned its on you... if you come out on top then good for you!
Posted on 5/12/21 at 10:06 am to PennyPacker
So it's only corrupt with regard to AMC, or every stock? If you think it's corrupt with regard to every stock, go take a seat next to Hussss over there.
If you think the system is just rigged against AMC, I don't know what to tell you.
Millions of people, myself included, have done quite well in the market over the long term.
If you think the system is just rigged against AMC, I don't know what to tell you.
Millions of people, myself included, have done quite well in the market over the long term.
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