AMC

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BucketofBalls99
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10:15a, 5/25/21
I have 100 shares, but I had bought in when it was $14.50. So I'm just glad to see it back to my break even point
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Cromagnum
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1:45p, 5/25/21
AG
Over 15.50 now.

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Cromagnum
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2:58p, 5/25/21
AG
I paper handsed it out at $16 to get off this Rollercoaster. Any apes that stay in are welcome for the moon trip sure to occur now.

I do LOL at this anology though.

Quote:
In hundreds of thousands of comments over the past few days, Reddit traders have celebrated the rallies, with one user garnering 4,000 upvotes Tuesday by reposting a tweet reading: "Wall Street clearly underestimated a generation raised on highly coordinated Friday night World of Warcraft raids."
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In reply to Cromagnum • 3:22p, 5/25/21
Dad
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In reply to Cromagnum • 3:24p, 5/25/21
AG
Cromagnum said:
I paper handsed it out at $16 to get off this Rollercoaster. Any apes that stay in are welcome for the moon trip sure to occur now.

I do LOL at this anology though.

Quote:
In hundreds of thousands of comments over the past few days, Reddit traders have celebrated the rallies, with one user garnering 4,000 upvotes Tuesday by reposting a tweet reading: "Wall Street clearly underestimated a generation raised on highly coordinated Friday night World of Warcraft raids."
You let us all down.
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In reply to Dad • 3:26p, 5/25/21
_lefraud_
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In reply to [removed post] • 3:53p, 5/25/21
AG
The Moon is 238,900 miles from Earth. There are 13 full moons each year. I am 34 years old.

238,900 / 13 / 34

The Moon is roughly $540
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AgEng06
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In reply to _lefraud_ • 4:49p, 5/25/21
AG
_lefraud_ said:
The Moon is 238,900 miles from Earth. There are 13 full moons each year. I am 34 years old.

238,900 / 13 / 34

The Moon is roughly $540
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5:15p, 5/25/21
Jet Black
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5:20p, 5/25/21
How high could this thing go? Another gme?
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In reply to Jet Black • 5:36p, 5/25/21
Cappo
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8:23a, 5/26/21
AG
18$
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Cromagnum
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In reply to Cappo • 8:51a, 5/26/21
AG
Cappo said:
18$


You guys are welcome. I knew it would do this immediately after I left my position.
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thirdcoast
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In reply to [removed post] • 8:54a, 5/26/21
AG
FAT SEXY said:
I'm trying to figure out what a realistic number is on AMC.. where is the moon?


I think 10x is a psychological barrier. So would be surprised if this thing holds above $20. Especially the way AMC keeps issuing new shares.
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Cromagnum
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In reply to thirdcoast • 9:01a, 5/26/21
AG
thirdcoast said:
FAT SEXY said:
I'm trying to figure out what a realistic number is on AMC.. where is the moon?


I think 10x is a psychological barrier. So would be surprised if this thing holds above $20. Especially the way AMC keeps issuing new shares.


People jumping in since March overlook that it was $2 per share in January so it's been hovering at 6-10x already for a while now. The fundamentals make absolutely no sense and like you said, they keep diluting everything by issuing lots of shares. Unless your costs basis was low, I would be cautious.

Mine was too high as I timed entry poorly and then got too scared to average down. Finally recouped my cost basis and got right back out to fight another day somewhere else.
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Jet Black
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9:05a, 5/26/21
$19
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ChiefAggieton
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In reply to Cromagnum • 9:12a, 5/26/21
Cromagnum said:
thirdcoast said:
FAT SEXY said:
I'm trying to figure out what a realistic number is on AMC.. where is the moon?


I think 10x is a psychological barrier. So would be surprised if this thing holds above $20. Especially the way AMC keeps issuing new shares.


People jumping in since March overlook that it was $2 per share in January so it's been hovering at 6-10x already for a while now. The fundamentals make absolutely no sense and like you said, they keep diluting everything by issuing lots of shares. Unless your costs basis was low, I would be cautious.

Mine was too high as I timed entry poorly and then got too scared to average down. Finally recouped my cost basis and got right back out to fight another day somewhere else.


I am in at 5.80 so I am chillin!
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Brian Earl Spilner
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10:33a, 5/26/21
AG
Sold all mine around $12. Really never thought it would get anywhere near $20 again. Sigh.
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_lefraud_
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In reply to Brian Earl Spilner • 11:29a, 5/26/21
AG
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BucketofBalls99
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12:27p, 5/26/21
I'm in at $14.50......

I think I'm going to sell if it gets $19.50
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_lefraud_
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In reply to BucketofBalls99 • 1:57p, 5/26/21
AG
Username does not check out
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Jet Black
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In reply to _lefraud_ • 1:58p, 5/26/21
_lefraud_ said:
Username does not check out
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Dad
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In reply to BucketofBalls99 • 2:00p, 5/26/21
AG
BucketofBalls99 said:
I'm in at $14.50......

I think I'm going to sell if it gets $19.50

Hold for the moon.

I'm up about 12k right now but that won't change my life even the slightest bit. I'm holding for some real money even if I risk losing a bunch.
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Jet Black
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In reply to Dad • 2:08p, 5/26/21
Dad said:
BucketofBalls99 said:
I'm in at $14.50......

I think I'm going to sell if it gets $19.50

Hold for the moon.

I'm up about 12k right now but that won't change my life even the slightest bit. I'm holding for some real money even if I risk losing a bunch.
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BucketofBalls99
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In reply to Dad • 2:12p, 5/26/21
Ok, ok I'm going to keep riding the train!
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_lefraud_
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In reply to BucketofBalls99 • 2:48p, 5/26/21
AG
username now checks out
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superunknown
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3:09p, 5/26/21
AG
I don't know what to do with my hands.
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Cowboy Curtis
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In reply to Dad • 3:12p, 5/26/21
AG
Dad said:
BucketofBalls99 said:
I'm in at $14.50......

I think I'm going to sell if it gets $19.50

Hold for the moon.

I'm up about 12k right now but that won't change my life even the slightest bit. I'm holding for some real money even if I risk losing a bunch.

Diamond. ****ing. Hands.
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wareagle044
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In reply to Cromagnum • 3:15p, 5/26/21
Cromagnum said:
thirdcoast said:
FAT SEXY said:
I'm trying to figure out what a realistic number is on AMC.. where is the moon?


I think 10x is a psychological barrier. So would be surprised if this thing holds above $20. Especially the way AMC keeps issuing new shares.


People jumping in since March overlook that it was $2 per share in January so it's been hovering at 6-10x already for a while now. The fundamentals make absolutely no sense and like you said, they keep diluting everything by issuing lots of shares. Unless your costs basis was low, I would be cautious.

Mine was too high as I timed entry poorly and then got too scared to average down. Finally recouped my cost basis and got right back out to fight another day somewhere else.


AMC has completed their share offering with 47M new shares (sold them all in less than 2 weeks) and Wanda has sold their stake. Retail owns all of it now. Things took off this week when Wanda finished unloading their shares and even at their sell off the price dropped from $14 to $12.

There's going to be little in way of selling pressure. Retail controls this thing now. If you're short on AMC I'd get out yesterday.
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ChiefAggieton
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9:07a, 5/27/21
21
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Jet Black
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9:08a, 5/27/21
Cromagnum
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In reply to Cromagnum • 9:19a, 5/27/21
AG
Cromagnum said:
thirdcoast said:
FAT SEXY said:
I'm trying to figure out what a realistic number is on AMC.. where is the moon?


I think 10x is a psychological barrier. So would be surprised if this thing holds above $20. Especially the way AMC keeps issuing new shares.


People jumping in since March overlook that it was $2 per share in January so it's been hovering at 6-10x already for a while now. The fundamentals make absolutely no sense and like you said, they keep diluting everything by issuing lots of shares. Unless your costs basis was low, I would be cautious.

Mine was too high as I timed entry poorly and then got too scared to average down. Finally recouped my cost basis and got right back out to fight another day somewhere else.


Everyone that's still in is welcome. I knew this **** would rocket the very second I unloaded it.
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BucketofBalls99
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9:49a, 5/27/21
Over $22!!!

Next stop...........the Moon!
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ChiefAggieton
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In reply to Cromagnum • 10:02a, 5/27/21
Cromagnum said:
Cromagnum said:
thirdcoast said:
FAT SEXY said:
I'm trying to figure out what a realistic number is on AMC.. where is the moon?


I think 10x is a psychological barrier. So would be surprised if this thing holds above $20. Especially the way AMC keeps issuing new shares.


People jumping in since March overlook that it was $2 per share in January so it's been hovering at 6-10x already for a while now. The fundamentals make absolutely no sense and like you said, they keep diluting everything by issuing lots of shares. Unless your costs basis was low, I would be cautious.

Mine was too high as I timed entry poorly and then got too scared to average down. Finally recouped my cost basis and got right back out to fight another day somewhere else.


Everyone that's still in is welcome. I knew this **** would rocket the very second I unloaded it.
Then why unload it? It was obviously still going up..
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Cromagnum
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In reply to ChiefAggieton • 10:10a, 5/27/21
AG
ChiefKiefton said:
Cromagnum said:
Cromagnum said:
thirdcoast said:
FAT SEXY said:
I'm trying to figure out what a realistic number is on AMC.. where is the moon?


I think 10x is a psychological barrier. So would be surprised if this thing holds above $20. Especially the way AMC keeps issuing new shares.


People jumping in since March overlook that it was $2 per share in January so it's been hovering at 6-10x already for a while now. The fundamentals make absolutely no sense and like you said, they keep diluting everything by issuing lots of shares. Unless your costs basis was low, I would be cautious.

Mine was too high as I timed entry poorly and then got too scared to average down. Finally recouped my cost basis and got right back out to fight another day somewhere else.


Everyone that's still in is welcome. I knew this **** would rocket the very second I unloaded it.
Then why unload it? It was obviously still going up..


It wasn't still obviously going up. It's been up to 13 or so a few times and dropped back below 10. Super volatile and AMC kept flooding the market with shares. At the end of the day, I'm glad I didn't lose any money on this craziness. Nobody knew it was obviously going to rocket up just because a bunch of reddit idiots post a bunch of ape memes.
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