AMC

155,537 Views | 1191 Replies | Last: 3 yr ago by AgCPA95
wareagle044
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cmk10 said:

Another 9.5 million shares have been shorted so far today. half a billion shorted today. only dropping 6% so far.


Gotta be attempting to down cost average
hoodlum98
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AG
So what is going on? Still trying to drive down the price before the gamma squeeze?
Dad
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AG
hoodlum98 said:

So what is going on? Still trying to drive down the price before the gamma squeeze?
I wish I knew.

My plan for the day was to sell once it got to $59 and buy back on the dip, but it started with a dip and hasn't recovered so I don't know what to do. I did buy another 100 shares when it was 51.50 because that seems like a decent floor. Now that I've said that it will drop to $38 in the next few hours.
Snap E Tom
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hoodlum98 said:

So what is going on? Still trying to drive down the price before the gamma squeeze?
Pumpers saying NSCC-2021-002 going into effect on Wednesday is making institutions driving down the price real hard. Will be interesting to see if that has any effect.

NSCC-2021-002 is an order by the SEC to automatically and programmatically force a margin call if a member institution is over-leveraged. Yesterday was the go/no go decision on it, and SEC did it. Institutions have 10 days to implement it, but it was an expedited implementation order, so not exactly sure how fast it will be.
Sex Panther
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AG
So should I buy more... cuz I'll do it man
Snap E Tom
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Sex Panther said:

So should I buy more... cuz I'll do it man
Always buy! (Not financial advice)

I think things might get interesting tomorrow. It certainly could be a catalyst, but I have a hunch that the order is designed to spread out the squeeze over a period of time. A $2k price like a lot of these idiots are assuming would have bad ripple effects.
wareagle044
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Snap E Tom said:

Sex Panther said:

So should I buy more... cuz I'll do it man
Always buy! (Not financial advice)

I think things might get interesting tomorrow. It certainly could be a catalyst, but I have a hunch that the order is designed to spread out the squeeze over a period of time. A $2k price like a lot of these idiots are assuming would have bad ripple effects.


Yeah it's hard to say. I'm holding because these new rules are going to make an impact. I'm not putting any timelines on it to temper expectations because like you said they may be designed to create a slow steady run up to limit the collateral damage.
cmk10
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AG
wareagle044 said:

Snap E Tom said:

Sex Panther said:

So should I buy more... cuz I'll do it man
Always buy! (Not financial advice)

I think things might get interesting tomorrow. It certainly could be a catalyst, but I have a hunch that the order is designed to spread out the squeeze over a period of time. A $2k price like a lot of these idiots are assuming would have bad ripple effects.


Yeah it's hard to say. I'm holding because these new rules are going to make an impact. I'm not putting any timelines on it to temper expectations because like you said they may be designed to create a slow steady run up to limit the collateral damage.
whats your high end price point and whats your conservative price per share?
Agvet12
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AG
wareagle044 said:

Snap E Tom said:

Sex Panther said:

So should I buy more... cuz I'll do it man
Always buy! (Not financial advice)

I think things might get interesting tomorrow. It certainly could be a catalyst, but I have a hunch that the order is designed to spread out the squeeze over a period of time. A $2k price like a lot of these idiots are assuming would have bad ripple effects.


Yeah it's hard to say. I'm holding because these new rules are going to make an impact. I'm not putting any timelines on it to temper expectations because like you said they may be designed to create a slow steady run up to limit the collateral damage.


A true gamma squeeze / and squeeze on amc the way some kids are saying would make COVID March drops look like child's play with the amount of liquidation needed for some of these hedges to close the position

The new filing I think sets in stone the limit before they close you're position, and I don't think it closes it all of it just to get you back under x%
wareagle044
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cmk10 said:

wareagle044 said:

Snap E Tom said:

Sex Panther said:

So should I buy more... cuz I'll do it man
Always buy! (Not financial advice)

I think things might get interesting tomorrow. It certainly could be a catalyst, but I have a hunch that the order is designed to spread out the squeeze over a period of time. A $2k price like a lot of these idiots are assuming would have bad ripple effects.


Yeah it's hard to say. I'm holding because these new rules are going to make an impact. I'm not putting any timelines on it to temper expectations because like you said they may be designed to create a slow steady run up to limit the collateral damage.
whats your high end price point and whats your conservative price per share?


High end ? It could go anywherethere's never been anything like this and there never will be again. I don't even know how to begin to predict that. All I know is that it'll eventually go higher than it is now
Dad
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AG
I wish I could sit at a computer all day watching stock prices. I feel like this stock moves in predictable patterns most of the time. I would love to be able to track it and buy and sell as it swings up and down.

When it went to the 60s I saw it on my watch and knew they were about to knock it down again and wanted to sell but didn't have any time to use a phone or computer.
wareagle044
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Finished the day in the green - 12,000,000 shares borrowed to be shorted today and no price movement. That's a good thing.
cmk10
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AG
They just keep kicking the can down the road i guess
Jet Black
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Not much price movement after hours. That mean anything?
Red Rover
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Dad said:

I wish I could sit at a computer all day watching stock prices. I feel like this stock moves in predictable patterns most of the time. I would love to be able to track it and buy and sell as it swings up and down.

When it went to the 60s I saw it on my watch and knew they were about to knock it down again and wanted to sell but didn't have any time to use a phone or computer.
This is what buy and sell orders are great for. Put out a GTC buy order for a first tranche buy price that you think is just above support, whether a previous pivot or a moving average. You can add in a second or third tranche as well and if this spikes downward you'll be the one buying the dip. The opposite for sell orders - place for whatever portion you would like to sell at a certain target price either based on previous spikes or pivots. You could add in other tranches if you want to hope you catch a higher spike. You can still check this, but don't have to worry about being mobile or unavailable to buy or sell when needed.
Dad
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AG
Red Rover said:

Dad said:

I wish I could sit at a computer all day watching stock prices. I feel like this stock moves in predictable patterns most of the time. I would love to be able to track it and buy and sell as it swings up and down.

When it went to the 60s I saw it on my watch and knew they were about to knock it down again and wanted to sell but didn't have any time to use a phone or computer.
This is what buy and sell orders are great for. Put out a GTC buy order for a first tranche buy price that you think is just above support, whether a previous pivot or a moving average. You can add in a second or third tranche as well and if this spikes downward you'll be the one buying the dip. The opposite for sell orders - place for whatever portion you would like to sell at a certain target price either based on previous spikes or pivots. You could add in other tranches if you want to hope you catch a higher spike. You can still check this, but don't have to worry about being mobile or unavailable to buy or sell when needed.
I know what you mean, but it's one of those things where I want to watch it and see because I don't want to sell in the middle of a huge spike.

I tried one of those orders the other day but I set the sell price too high and my order was not fulfilled. If I would have been sitting at a screen I could have just chosen a lower price when it started to stall.

It might turn out to be a good thing that I have poor access because hopefully one of these days I will want to sell and not be able to and then the squeeze starts and I'll be glad I didn't have access.
hoodlum98
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AG
So with the CEO asking for another 25 million shares from the shareholders, What does that mean exactly?
Would that dilute the price per share even more or drop the price?
MagnumLoad
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5% increase in the float. Not a problem for stock holders and good for the company.
I hate tu. It's in my blood.
Madmarttigan
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AG
Would likely lead to an overreaction sell off but good to keep the theaters open
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cmk10
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AG
FAT SEXY said:

Stewie is on the hype train now... also, which one of you is Aggie Hipster lmao


always good getting good pub from sources.
cmk10
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AG
wareagle044
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cmk10 said:




Wild
MagnumLoad
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That short data does not include the dark pool. Total shorts is at least 120% of the float. HF are currently about $30 billion in the hole. Don't even consider selling at $75. Naked shorting.
I hate tu. It's in my blood.
Dad
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AG
MagnumLoad said:

That short data does not include the dark pool. Total shorts is at least 120% of the float. HF are currently about $30 billion in the hole. Don't even consider selling at $75. Naked shorting.

No way, I am holding until just before the moon so I can make sure I get my money. I just need to figure out when that point is.
BucketofBalls99
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Is this up and down game just going to keep going and going?? I mean, when is it ever going to catch up with these HFs, get over the hump, and actually take off? I guess no one really knows, but geez, how much further can they continue to go in the opposite direction?
MagnumLoad
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Until they get forced to reconcile. The new rule went into effect on 6/23/21, and has a 10 business day window to comply. So by 7/8/21. We shall see. Patience is key. They want to out last us. Not happening here. HOLD!

A lot of the up & down is day traders capitalizing on the volatility in the mean time
I hate tu. It's in my blood.
Jet Black
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MagnumLoad said:

That short data does not include the dark pool. Total shorts is at least 120% of the float. HF are currently about $30 billion in the hole. Don't even consider selling at $75. Naked shorting.
cmk10
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AG
They have to just keep paying the borrowing fee each day.
Tibbers
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Dad said:

MagnumLoad said:

That short data does not include the dark pool. Total shorts is at least 120% of the float. HF are currently about $30 billion in the hole. Don't even consider selling at $75. Naked shorting.

No way, I am holding until just before the moon so I can make sure I get my money. I just need to figure out when that point is.


420.69 worked out for others. In all seriousness, hedgies don't play by the same rules. Gme was talked into going to the thousands, it never reached 500. I think the ceiling is 75, but that's already happened. I don't think it will happen again.
MagnumLoad
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GME float was about 28 million sh. AMC float is 503 million sh and total shorts is at least 120% of that. I assume you don't work for a hedge fund, but GME reached 513 intraday. AMC will go that high or higher IMO. I can't see the 10,000 plus being thrown around but who knows. Seems like bankruptcy gets declared before that and cascades.
I hate tu. It's in my blood.
cmk10
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AG
Even if there is bankruptcy then whoever sold them the shares is on the hook for paying them.
MagnumLoad
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Dominoing bank rupture
I hate tu. It's in my blood.
cmk10
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AG
there has been a $740k call and a $1.1 million call for $145 strikes for December. Crazy money this morning.
MagnumLoad
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So, please explain that to someone who doesn't do options
I hate tu. It's in my blood.
 
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