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re: Holding AMC Thread- Diamond hands unite

Posted on 5/14/21 at 7:44 am to
Posted by bluebarracuda
Member since Oct 2011
19376 posts
Posted on 5/14/21 at 7:44 am to
quote:

All it takes is the first hedge to start covering, then the dominos will start falling.


And which Friday will that be this time?
Posted by Sasquatch2020
Member since Oct 2020
519 posts
Posted on 5/14/21 at 8:21 am to
rocket is fueled and prepare for takeoff
Posted by AbitaFan08
Boston, MA
Member since Apr 2008
27902 posts
Posted on 5/14/21 at 8:23 am to
quote:

I feel like I’m on the poli board post-election night with this thread.


This would be hysterical if it wasn't so true.
Posted by ItNeverRains
Offugeaux
Member since Oct 2007
28166 posts
Posted on 5/14/21 at 8:50 am to
quote:

And which Friday will that be this time?


It certainly won’t be on a week where the Fed loans them billions interest free so they can pass the stress test and cover positions.
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
36876 posts
Posted on 5/14/21 at 9:08 am to
quote:

Almost 50% of the float is now shorted (47.8%).


Link?
Posted by slackster
Houston
Member since Mar 2009
91836 posts
Posted on 5/14/21 at 10:04 am to
quote:

certainly won’t be on a week where the Fed loans them billions interest free so they can pass the stress test and cover positions


Sigh. Link?
Posted by slackster
Houston
Member since Mar 2009
91836 posts
Posted on 5/14/21 at 10:08 am to
quote:

Link?


Shockingly few and far between in this thread.
Posted by ItNeverRains
Offugeaux
Member since Oct 2007
28166 posts
Posted on 5/14/21 at 10:13 am to
That was short interest on loan not float this am. My B. 96.6M shares traded so far today price up 1.25



Saw this on forum. If true they are saying Vanguard bought 30M shares.
This post was edited on 5/14/21 at 10:16 am
Posted by slackster
Houston
Member since Mar 2009
91836 posts
Posted on 5/14/21 at 10:27 am to
Given what happened with GME, and AMC to a lesser extent, I just find it very difficult to believe hedge funds are going to get caught with their pants down again. AMC doesn’t have anywhere near the problems for shorts that GME had either.

It’s pretty much retail vs retail to see who gets left with the bag, and those are my favorite kind of stocks to watch.
This post was edited on 5/14/21 at 10:28 am
Posted by slackster
Houston
Member since Mar 2009
91836 posts
Posted on 5/14/21 at 10:38 am to
quote:

Saw this on forum. If true they are saying Vanguard bought 30M shares.


It’s true. The report is through 3/31. BlackRock also increased their stake by 340%.

Considering the two firms manage more passive index funds or ETFs than the rest of Wall Street firms combined, it’s not shocking that AMC’s market cap explosion required them to substantially increase their stakes as they rebalance their indexes.
Posted by ItNeverRains
Offugeaux
Member since Oct 2007
28166 posts
Posted on 5/14/21 at 11:20 am to
Lunchtime price dump
Posted by UltimaParadox
North Carolina
Member since Nov 2008
52493 posts
Posted on 5/14/21 at 1:26 pm to
quote:

Considering the two firms manage more passive index funds or ETFs than the rest of Wall Street firms combined, it’s not shocking that AMC’s market cap explosion required them to substantially increase their stakes as they rebalance their indexes.


Passive index tied to total market, must buy more stock that has massive market cap expansion. News at a 11.
Posted by Hiphopanonymous
Baton rouge
Member since Jul 2014
3073 posts
Posted on 5/14/21 at 1:35 pm to
What’s the best app to use?
Posted by slackster
Houston
Member since Mar 2009
91836 posts
Posted on 5/14/21 at 3:12 pm to
quote:

Tomorrow is going to be the fun day!


Well?
Posted by CajunTiger78
Member since Aug 2017
2879 posts
Posted on 5/14/21 at 3:15 pm to
Slackster, Slackster, Slackster... you just live for moments like this don't ya little budy??
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
36876 posts
Posted on 5/14/21 at 3:26 pm to
Trey's Trades is batting 0 on this thing over the past 5 months. Yet that won't stop greygoose from bringing all that over here.

Hopefully some took advantage of the last few days' gains to claw back some of their investment.
This post was edited on 5/14/21 at 3:28 pm
Posted by slackster
Houston
Member since Mar 2009
91836 posts
Posted on 5/14/21 at 3:31 pm to
quote:

Slackster, Slackster, Slackster... you just live for moments like this don't ya little budy??


Do I enjoy it when every single time someone says “_____ is the day” it flops?



Of course.

I still want you to make money though.

Especially greygoose who has a shite ton of money tied up in this stock.
Posted by CajunTiger78
Member since Aug 2017
2879 posts
Posted on 5/14/21 at 3:35 pm to
Well there is no denying that AMC has continuously trended upward all week, and it very well may continue next week.
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
36876 posts
Posted on 5/14/21 at 3:36 pm to
quote:

Especially greygoose who has a shite ton of money tied up in this stock.



Wait, you actually believe him?
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
36876 posts
Posted on 5/14/21 at 3:38 pm to
quote:

Well there is no denying that AMC has continuously trended upward all week, and it very well may continue next week.



What I find entertaining is that the reddit crowd thinks they're still in the trenches battling "hedgies" when that's not the case. They're trading amongst themselves.

And then they allow Aron to hoodwink them...the guy dilutes their ownership, they gobble up those additional shares, and act like that dilution episode was a great sign
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