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Started By
Message
re: Holding AMC Thread- Diamond hands unite
Posted on 5/18/21 at 7:43 am to slackster
Posted on 5/18/21 at 7:43 am to slackster
quote:Has it happened yet? Have they done the count? Nope, but it's coming! Post more. Love seeing you, and others, crawfish.
See. This is how you get shite on. The mythical “true” count you’ve been discussing for nearly 3 months.
Posted on 5/18/21 at 7:53 am to slackster
quote:
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.
He did file that the 500m is off the table. That does not help shorts. He also injected those 43m shares in the market on a day where AMC ran hard (last Thursday). Utilization is at 99.6%. RSI is 63. FOMO is 100000%
I think it lands between $15 & $1000 a share.
Posted on 5/18/21 at 7:55 am to greygoose
quote:
Has it happened yet? Have they done the count? Nope, but it's coming! Post more. Love seeing you, and others, crawfish.
Where have I crawfished?
Regardless, you really think there are 1B shares out there?
Posted on 5/18/21 at 7:58 am to ItNeverRains
quote:
I think it lands between $15 & $1000 a share.
that's quite the window.
Posted on 5/18/21 at 8:07 am to finchmeister08
quote:
that's quite the window
Yeah, but I’m 2500 shares in under $10 so I’m just here for the ride. I’ll make money on this.
Posted on 5/18/21 at 8:07 am to ItNeverRains
quote:
I think it lands between $15 & $1000 a share.
So $15.09. Got it
Posted on 5/18/21 at 8:17 am to slackster
quote:You've been poo-pooing this stock since almost the inception of this thread. Then the other day, you crawfished and said that you could see it going to $20.
Where have I crawfished?
Regardless, you really think there are 1B shares out there?
Do you think there are not any synthetic shares floating around? Hedges shorting over and over, with utilization at near 100%! Failure to deliver?
Again, the count will start going into the June 2nd meeting. No one wants to be caught naked shorting, especially in this current political climate.
Posted on 5/18/21 at 8:45 am to greygoose
quote:
Nope, but it's coming! Post more. Love seeing you, and others, crawfish.
I think it is safe to say whoever is wrong in this will get hammered on pretty hard... Hence, don't dish it if you can't take it.
I am ready to eat steak and lobster or crow.
Posted on 5/18/21 at 8:46 am to greygoose
quote:
You've been poo-pooing this stock since almost the inception of this thread. Then the other day, you crawfished and said that you could see it going to $20.
Long term the stock is absolutely fricked. The debt load is a major problem and the valuation makes no sense even under the best years the company has ever had. This is a $10 or less stock, and that’s not considering the future dilution that it inevitable. I stand by that and look forward to keeping up with it and this thread.
In the short term, a lot can happen, it just depends how successful WSB-types are at keeping up the charade. However, the narrative among retail investors is hilarious. They’re desperately looking to not be the last bag holder, so I understand why hedge funds are there easy boogeyman, but it’s comical nonetheless. You’ve got people pimping Vanguard and BlackRock buys in their passive ETFs and index funds one day, then talking about “synthetic shares” the next. People in this very thread think $100/shr is a given and $1,000 is quite plausible. I love it.
Posted on 5/18/21 at 8:50 am to PennyPacker
quote:
think it is safe to say whoever is wrong in this will get hammered on pretty hard... Hence, don't dish it if you can't take it.
You seem to be long specifically for a short squeeze and don’t give a damn about the company long term.
greygoose, on the other hand, is out here pumping Kong v. Godzilla box office numbers. A little different argument altogether.
However, I wish you both the best. I’ve got no vested interest either way, so I’ll always err on the side of longs.
Posted on 5/18/21 at 9:03 am to slackster
quote:
People in this very thread think $100/shr is a given and $1,000 is quite plausible.
To be fair I think the most bullish statement I've made is I think it's possible it could hit the 20s.
Posted on 5/18/21 at 9:10 am to slackster
quote:
You seem to be long specifically for a short squeeze and don’t give a damn about the company long term
Eh, kind of true. I bought them early Jan and sold before the first pump and dump.... missed on a lot of profit. So I decided to get back in when I saw short interest continuing to rise.. Didn't want to make the same mistake twice so I am holding for now. I am already up a nice chunk but I would prefer a larger chunk like anyone else. And it's not that I don't give a damn about the company, don't want to see people lose their jobs but I am also not going to keep my position just because of some ideological belief about "saving" AMC. They can make it or not without me that's for damn sure.
Posted on 5/18/21 at 9:21 am to greygoose
quote:
Do you think there are not any synthetic shares floating around? Hedges shorting over and over, with utilization at near 100%! Failure to deliver?
Again, the count will start going into the June 2nd meeting. No one wants to be caught naked shorting, especially in this current political climate.
This all sounds oddly similar to the GME conspiracy theories all over Reddit at the moment. How do you choose which to believe?
Posted on 5/18/21 at 9:45 am to greygoose
quote:
Again, the count will start going into the June 2nd meeting.
Can someone (not greygoose, whose contributions here consist of "go to reddit", ctrl + c, ctrl + v) explain to me how this whole "stock count" thing, and how votes are going to somehow allow them to assess the total number of outstanding shares? I've not heard of this before and have a tough time seeing how voting shares will somehow magically reveal hundreds of millions of these synthetic shares, and a short squeeze the likes of which we haven't seen since "QUADRUPLE WITCHING DAY!!!"
This post was edited on 5/18/21 at 9:52 am
Posted on 5/18/21 at 10:36 am to slackster
quote:You don't believe there are tons of synthetic shares out there? If that isn't a problem, then why did the DTCC make all those new regulations aimed at reigning that practice in? The GME squeeze at the first of the year, pointed a big arse spot light on that, and people quickly saw how retail could band together and turn the tables on hedges that are doing that shite. Hedges could go under (some already have) leaving the DTCC holding the bag. AMC's CEO has all but came out and said that he believes there are massive amounts of fake shares. I guess we will find out in a couple of weeks, huh? Either someone will get caught, or massive buying by the synthetic share holders will happen.
Long term the stock is absolutely fricked. The debt load is a major problem and the valuation makes no sense even under the best years the company has ever had. This is a $10 or less stock, and that’s not considering the future dilution that it inevitable. I stand by that and look forward to keeping up with it and this thread.
In the short term, a lot can happen, it just depends how successful WSB-types are at keeping up the charade. However, the narrative among retail investors is hilarious. They’re desperately looking to not be the last bag holder, so I understand why hedge funds are there easy boogeyman, but it’s comical nonetheless. You’ve got people pimping Vanguard and BlackRock buys in their passive ETFs and index funds one day, then talking about “synthetic shares” the next. People in this very thread think $100/shr is a given and $1,000 is quite plausible. I love it.
Posted on 5/18/21 at 11:49 am to greygoose
quote:
AMC's CEO has all but came out and said that he believes there are massive amounts of fake shares.
Link?
quote:
I guess we will find out in a couple of weeks, huh?
Which couple of weeks?
Posted on 5/18/21 at 12:04 pm to UltimaParadox
quote:He said it during the March earnings call, dullard.
Link?
quote:June 2nd is the shareholder's meeting. An official count of outstanding shares will be conducted.
Which couple of weeks?
Unlike you, I keep up with companies that I have invested money in, and don't go slinging shite in threads that I have no vested interest.
Posted on 5/18/21 at 12:40 pm to greygoose
quote:
He said it during the March earnings call, dullard.
No, he didn’t. I listened to that call. You can read the transcript as well. He said there has been a lot of interest in how many shares there were outstanding - which is understandable considering how many offerings and conversions there were in 2021 - and he said there were 450.2 million.
I remember your post though...
quote:
Just in case anyone missed the big news. The official float was announced afterhours during the earning report. What does that mean? THERE'S A shite-TON OF NAKED SHORTS THAT WILL HAVE TO BUY BEFORE CLOSE TOMMOROW!!! I'm talking hundreds of millions! If caught with a phantom shares, we are talking extremely, highly illegal. Pound me in the arse, federal prison! So buckle up, if you thought today was a wild ride, you haven't seen nothing yet!
Stock finished up 4.4% the following day and less than 85 million shares traded hands all day.
You’re 0-for-2021 on your “tomorrow I’ll be right” calls.
Posted on 5/18/21 at 12:53 pm to slackster
quote:
You’re 0-for-2021 on your “tomorrow I’ll be right” calls.
That's Hussss territory
ETA: 6/2 though, for real, this time...seriously
This post was edited on 5/18/21 at 12:54 pm
Posted on 5/18/21 at 12:55 pm to Chucktown_Badger
$7.50 5/14 put has to be the worst call of this thread so far. Might not want to make any jabs...
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