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re: Holding AMC Thread- Diamond hands unite

Posted on 5/17/21 at 5:00 pm to
Posted by slackster
Houston
Member since Mar 2009
91836 posts
Posted on 5/17/21 at 5:00 pm to
quote:

Nice jump after hours


AMC after hours has been all over the place the past month. 5%+ up then opens down, and vice versa. Regardless, would be big for longs for it to hold above $14 for a couple days. In March it closed at $14 even then fell to $9 in 4 trading days.
Posted by AbitaFan08
Boston, MA
Member since Apr 2008
27902 posts
Posted on 5/17/21 at 5:10 pm to
I realize I'm about to be roasted for being ignorant. But acknowledging your ignorance at least let's me try to improve:

Can someone explain how the after hours market works to me?
Posted by slackster
Houston
Member since Mar 2009
91836 posts
Posted on 5/17/21 at 5:29 pm to
quote:

Can someone explain how the after hours market works to me?


Limit orders only. Very limited volume so pricing can be a little wacky - for better or worse. Basically computers match limit orders together while the markets are closed.
Posted by NoSaint
Member since Jun 2011
12674 posts
Posted on 5/17/21 at 6:14 pm to
quote:

just bumping this because it closed at $13.95 today.


Could clip $16 after hours at this rate.
Posted by CajunTiger78
Member since Aug 2017
2879 posts
Posted on 5/17/21 at 6:23 pm to
Very nice jump up after hours! Could indicate a continued move up tomorrow!
Posted by ItNeverRains
Offugeaux
Member since Oct 2007
28166 posts
Posted on 5/17/21 at 7:20 pm to
Posted by elprez00
Hammond, LA
Member since Sep 2011
31535 posts
Posted on 5/17/21 at 7:23 pm to
I’m going to be watching very closely tomorrow. If this thing hits $20 my sell button is going to get mighty tempting.

In the back of my mind I’m hoping it just rockets up, but I just don’t see it. Trying to be measured and realistic. $20 gets me a new shotgun.
Posted by greygoose
Member since Aug 2013
15038 posts
Posted on 5/17/21 at 8:16 pm to
quote:

I’m going to be watching very closely tomorrow. If this thing hits $20 my sell button is going to get mighty tempting.

In the back of my mind I’m hoping it just rockets up, but I just don’t see it. Trying to be measured and realistic. $20 gets me a new shotgun.

It's your money, but take it from someone who had bitcoin several years ago. Regrets are a real thing.

Posted by greygoose
Member since Aug 2013
15038 posts
Posted on 5/17/21 at 8:18 pm to
quote:

Could clip $16 after hours at this rate.


Touched $15.80. Premarket should be fun! Citadel hedged today, and bought in. Writing is on the wall.
Posted by greygoose
Member since Aug 2013
15038 posts
Posted on 5/17/21 at 8:43 pm to
quote:

AMC after hours has been all over the place the past month. 5%+ up then opens down, and vice versa. Regardless, would be big for longs for it to hold above $14 for a couple days. In March it closed at $14 even then fell to $9 in 4 trading days.

Go back and look at GME and it's price action. Looking forward to shoving the shite you and the other slingers have been slinging, back in your face, shortly. Especially that Chicago mutt with the $7.50 puts.
Posted by METAL
Member since Nov 2020
2353 posts
Posted on 5/17/21 at 9:49 pm to
I made and lost a ton the first time. Best of luck this time but I’m sitting on the sidelines I think.
Posted by bluebarracuda
Member since Oct 2011
19376 posts
Posted on 5/17/21 at 9:55 pm to
quote:

Go back and look at GME and it's price action. Looking forward to shoving the shite you and the other slingers have been slinging, back in your face, shortly. Especially that Chicago mutt with the $7.50 puts.



IS THIS THE FRIDAY IT"S GONNA HAPPEN!?
This post was edited on 5/17/21 at 9:56 pm
Posted by slackster
Houston
Member since Mar 2009
91836 posts
Posted on 5/18/21 at 12:05 am to
quote:

Go back and look at GME and it's price action. Looking forward to shoving the shite you and the other slingers have been slinging, back in your face, shortly. Especially that Chicago mutt with the $7.50 puts.


you tend to avoid shite slinging when you post accurate, truthful posts. Crazy, I know, but you should try it.
Posted by Buck_Rogers
Member since Jul 2013
2102 posts
Posted on 5/18/21 at 4:46 am to
quote:

I think $20 is possible

This thing is going way past $20. Do you realize that the hedge funds were betting on AMC issuing 500 million more shares? AMC has decided against this now. The hedge funds already bet on this and are now screwed many times over then they were in GME. This squeeze will be epic and like nothing ever seen before.
Posted by ItNeverRains
Offugeaux
Member since Oct 2007
28166 posts
Posted on 5/18/21 at 5:57 am to


If true, holy shite.
Posted by CajunTiger78
Member since Aug 2017
2879 posts
Posted on 5/18/21 at 6:12 am to
Up over $15 premarket
Posted by greygoose
Member since Aug 2013
15038 posts
Posted on 5/18/21 at 7:22 am to
quote:

IS THIS THE FRIDAY IT"S GONNA HAPPEN!?
Somewhere around June 2nd when the true shares are counted. I hope you don't hold a short position like some here.
Posted by slackster
Houston
Member since Mar 2009
91836 posts
Posted on 5/18/21 at 7:33 am to
quote:

Somewhere around June 2nd when the true shares are counted.


See. This is how you get shite on. The mythical “true” count you’ve been discussing for nearly 3 months.
Posted by slackster
Houston
Member since Mar 2009
91836 posts
Posted on 5/18/21 at 7:35 am to
quote:

This thing is going way past $20. Do you realize that the hedge funds were betting on AMC issuing 500 million more shares? AMC has decided against this now. The hedge funds already bet on this and are now screwed many times over then they were in GME. This squeeze will be epic and like nothing ever seen before.


I guess we’ll see, but the many times over seems a bit hyperbolic. It’s not shorted anywhere near those levels, for starters, and it’s not their first rodeo with this retail/WSB gang.
Posted by slackster
Houston
Member since Mar 2009
91836 posts
Posted on 5/18/21 at 7:38 am to
quote:

If true, holy shite.


Adam Aron has only helped short sellers YTD. The massive dilutions are what kept this from rocketing anywhere near GME levels earlier this year.

Now he’s supposedly springing traps for them.

Like I’ve said many times in this thread, the AMC saga is too entertaining to look away.
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