AMC

155,650 Views | 1191 Replies | Last: 3 yr ago by AgCPA95
GCP12
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AG
Kampfers said:

We've just about rescued you! 13.05 now!
Now, I don't want to miss the trip to the moon!
Brian Earl Spilner
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AG
Already missed out on 20+ % gains by selling too early.
GCP12
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AG
Bunk Moreland said:

holding so far. It's now over my break even. Have a limit order at $15 to sell but may cancel that too.

WSB + stimulus checks is intriguing...
This is what makes me want to hold.

I feel like I'm going to regret it, but oh well
Mondo Ag
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AG
Knowing hedge funds they're probably going to try to tank it either today or tomorrow to get a bunch of people to sell off some more shares. Nothing wrong with pulling out now if you don't want to ride the roller coaster anymore.
Kampfers
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AG
I'll be jumping off today (paper-hands!) if we push close to 15

I tend to agree that this will likely see a big sell-off in the near future and I might consider buying back in on the dip
Cromagnum
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AG
I didn't avg down so my cost basis left me partway to the moon at $15.98. Considering cashing out even to get off this roller coaster.

#Toiletpaperhands
Cappo
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AG
We going to the moon
GCP12
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AG
GCP12 said:

Bunk Moreland said:

holding so far. It's now over my break even. Have a limit order at $15 to sell but may cancel that too.

WSB + stimulus checks is intriguing...
This is what makes me want to hold.

I feel like I'm going to regret it, but oh well
I sold half my shares at 14.05

I am happy with my decision. No amount of "paper-hand *****" insults will sway me
Brian Earl Spilner
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AG
My original limit order was for $15, which I cancelled way back when. Starting to look like I should've just left it.
superunknown
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AG
How much of a dip are we talking? Should I cash out my gainz now and buy back in on a dip?
BucketofBalls99
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I am in at $14.30....so I'm right at the break even point. If it jumps to $15, I'll prob sell and then buy bavk in later
JMac03
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AG
Just sold my whopping 14 shares
Spartan2141
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Finally sold my 35 shares getting back all my losses
wareagle044
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Shorts have to deliver Friday
JMac03
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AG
Does this mean we shouldn't have sold? Still trying to learn all the lingo.
wareagle044
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JMac03 said:

Does this mean we shouldn't have sold? Still trying to learn all the lingo.


From what I understand, when your short option expires, you have 21 days to deliver your shares back to whoever lended them before short interest kicks in..

Supposedly, Friday is day 21 for many of those short options. If they can't deliver - they are forced to buy


Kampfers
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AG
feel like this has been said every few days now for GME/AMC and I've yet to see it materialize into anything meaningful
Bunk Moreland
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Kampfers said:

feel like this has been said every few days now for GME/AMC and I've yet to see it materialize into anything meaningful


AMC has more than doubled in the last month after its fall when the initial craze ended. That's pretty meaningful. There was plenty of money to be made.
EliteZags
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AG
yea GME swinging 9x within a couple wks wasn't meaningful
Kampfers
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I mean, if you want to misrepresent what I said go ahead.

Obviously both stocks have gone up a lot. In AMC's case I'd say that's largely momentum from CA/NY reopening theaters and WSB shilling the hell out of it.

But in both cases I've seen multiple times people say "the shorts have to deliver by x date" and claiming that will force the stock to moon. The only time they were even close to being right was the first day trading was halted on GME, and that date wasn't accompanied by one of these specific predictions. Hell, I've seen these kinds of predictions for other stocks, like UWMC too. I don't believe any of them. If it moons, good for those of you still holding. I'll believe it when it happens.

In AMC's case I think it's more likely that the significant decrease in prices allowed a lot of shorts to escape. If anything, another significant rise in AMC's stock valuation will lead to them selling off more shares to help escape some of their debt. It's not the same stock that it was 2 weeks ago when it was first rising in the WSB meme-stock craze.
Bunk Moreland
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nice start to the day
Cromagnum
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AG
I just bought my tickets to return to earth from my space vacation. Hopefully it gets up in the 15's so I can regroup and plan a moon visit with someone else.
wareagle044
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Cromagnum said:

I just bought my tickets to return to earth from my space vacation. Hopefully it gets up in the 15's so I can regroup and plan a moon visit with someone else.

It'll go to $15 tomorrow, I think.
Cromagnum
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AG
wareagle044 said:

Cromagnum said:

I just bought my tickets to return to earth from my space vacation. Hopefully it gets up in the 15's so I can regroup and plan a moon visit with someone else.

It'll go to $15 tomorrow, I think.


Yeah, didn't happen today. Seems the MO for the day is to climb before noon, then the market plays games and drags it back down, then after hours it goes back up.
wareagle044
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Cromagnum said:

wareagle044 said:

Cromagnum said:

I just bought my tickets to return to earth from my space vacation. Hopefully it gets up in the 15's so I can regroup and plan a moon visit with someone else.

It'll go to $15 tomorrow, I think.


Yeah, didn't happen today. Seems the MO for the day is to climb before noon, then the market plays games and drags it back down, then after hours it goes back up.


Quadruple witching tomorrow- should be intense volume
EliteZags
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AG
what are your sell limits Fri
Cromagnum
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EliteZags said:

what are your sell limits Fri


My cost basis was 15.98 because I got in late and didn't average down. At this point I'm just looking to come out even or a slap on the wrist.
wareagle044
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The wolf of Wall Street is in
Scud Runner
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My wife's boyfriend likes the stonk. Gonna yolo my stimmie in the morning
Cromagnum
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AG
Tanking a dump today.
wareagle044
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Cromagnum said:

Tanking a dump today.


Discounts everywhere!
Jet Black
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Anyone buying amc here?
wareagle044
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Jet Black said:

Anyone buying amc here?


Just holding to see what happens here
XXXVII
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What happened to AMC today?
Bunk Moreland
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XXXVII said:

What happened to AMC today?


Heading back toward a more realistic value. But it's still not low enough for me to avg down or high enough to sell. On we go.
 
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