No? That's why I don't see the us govt staying out and just printing more money. They'll stop it to keep that from happening.
Dumpster Fire said:
I'm struggling to believe the talk about 500k per share. Does anyone really expect it to get that high? I read the mathematical defense of that but who really thinks the SEC or something doesn't step in and stop it once the squeeze gets crazy?
Quote:
I feel like it may hit near 400 to 500 but craters as whales start to dump their positions.
Mondo Ag said:Dumpster Fire said:
I'm struggling to believe the talk about 500k per share. Does anyone really expect it to get that high? I read the mathematical defense of that but who really thinks the SEC or something doesn't step in and stop it once the squeeze gets crazy?
It's a dream. I'm sorry but millions of people aren't becoming billionaires or multimillionaires overnight. Yes, people are about to make a ****load of money. Just not as many as everyone thinks. The absolute dream would be this stock hitting the thousand dollar range. I feel like it may hit near 400 to 500 but craters as whales start to dump their positions.
Please dear sweet baby Jesus let me be wrong and this stock actually hit 100k
Mondo Ag said:Dumpster Fire said:
I'm struggling to believe the talk about 500k per share. Does anyone really expect it to get that high? I read the mathematical defense of that but who really thinks the SEC or something doesn't step in and stop it once the squeeze gets crazy?
It's a dream. I'm sorry but millions of people aren't becoming billionaires or multimillionaires overnight. Yes, people are about to make a ****load of money. Just not as many as everyone thinks. The absolute dream would be this stock hitting the thousand dollar range. I feel like it may hit near 400 to 500 but craters as whales start to dump their positions.
Please dear sweet baby Jesus let me be wrong and this stock actually hit 100k
Jet Black said:
Why do people think this thing is going to, or has a chance in hell of getting to $500, $1,000 a share?
Dad said:Jet Black said:
Why do people think this thing is going to, or has a chance in hell of getting to $500, $1,000 a share?
There is a lot of information explaining it on reddit. Just google and you can find out. It is heavily shorted and if the price can get pushed higher by enough people buying and holding it can cause a short squeeze which would force millions of shares to be purchased at whatever the going rate is and if that happens and enough people hold for $1,000 it can reach that price.
AggiEE said:Dad said:Jet Black said:
Why do people think this thing is going to, or has a chance in hell of getting to $500, $1,000 a share?
There is a lot of information explaining it on reddit. Just google and you can find out. It is heavily shorted and if the price can get pushed higher by enough people buying and holding it can cause a short squeeze which would force millions of shares to be purchased at whatever the going rate is and if that happens and enough people hold for $1,000 it can reach that price.
Even if this were to happen, the likelihood of being able to transact at anywhere near that price is nil
Philip J Fry said:
I also don't see people actually holding on that long. If it somehow went to 100, I'm paper hands.
Dumpster Fire said:
I'm struggling to believe the talk about 500k per share. Does anyone really expect it to get that high? I read the mathematical defense of that but who really thinks the SEC or something doesn't step in and stop it once the squeeze gets crazy?
Mondo Ag said:
Reddit has some decent info but I take it all with a grain of salt. Most of the threads started there are created by people who are emotionally invested or honestly teenagers. Lots of talk about investing life savings into this and holding until 500k a share. Makes my stomach turn knowing that people are going to lose everything.
dummble said:
I was in Indy for the race. There was a plane pulling the sign "AMC - We Love the stock"
Not sure if this is a sign to buy or sell, but just wanted to add to your DD.
*MUDRICK IS SAID TO TELL CLIENTS AMC IS 'MASSIVELY OVERVALUED'$AMC
— *Walter Bloomberg (@DeItaone) June 1, 2021
*MUDRICK IS SAID TO SELL ENTIRE AMC STAKE AT PROFIT$AMC
— *Walter Bloomberg (@DeItaone) June 1, 2021
Irish 2.0 said:*MUDRICK IS SAID TO TELL CLIENTS AMC IS 'MASSIVELY OVERVALUED'$AMC
— *Walter Bloomberg (@DeItaone) June 1, 2021*MUDRICK IS SAID TO SELL ENTIRE AMC STAKE AT PROFIT$AMC
— *Walter Bloomberg (@DeItaone) June 1, 2021
It didn't force the price to go lower, but we likely hit $40 today if they didn't dump 7.5 million shares onto the market. It wipes out the FOMO squeeze we could have had today that could have caused a gamma squeeze once we broke $40.wareagle044 said:Irish 2.0 said:*MUDRICK IS SAID TO TELL CLIENTS AMC IS 'MASSIVELY OVERVALUED'$AMC
— *Walter Bloomberg (@DeItaone) June 1, 2021*MUDRICK IS SAID TO SELL ENTIRE AMC STAKE AT PROFIT$AMC
— *Walter Bloomberg (@DeItaone) June 1, 2021
Did absolutely nothing to price. They gave AMC $250M more in liquidity and put more shares into the hands of retail. Womp womp.
LFGcmk10 said:
Crazy run after hours!!!