Raven117
Member
Totally the smart way to do it.To many gme is the model. If that is what they see or want, this is just the start.
I took my initial investment out today. Ill let the free money ride for a bit. Its how I invest in the meme stocks.
Totally the smart way to do it.To many gme is the model. If that is what they see or want, this is just the start.
I took my initial investment out today. Ill let the free money ride for a bit. Its how I invest in the meme stocks.
You did your DD and valued it at $25
You are 100% just going FOMO now. We warned you
no, i said i valued the company at 25$ without the squeeze.
you warned me? People have been telling me to sell since it hit 14 lulz
Just understand you're gambling at this point, not investing
just because you don't understand it doesnt make it a gamble, clearly im doing fine.
no, i said i valued the company at 25$ without the squeeze.
you warned me? People have been telling me to sell since it hit 14 lulz
dont get me wrong, but its really a waste to talk to people that aren't knowledgeable in this like i am, as I said, the homework is already done, this is just the start.
most of you didnt think it would hit 20$ let alone 60$, i've been investing for years, I know what im doing, i have an exit plan, but its going much higher than this.
my first amc purchase was at 4$, i've been on this for months.
even now in premarket its already 74.75, and not a single short has been covered.
Gambling where? Because they made quick money?A lot of people did fine with GME too
Doesn't change the fact it was gambling
Gambling where? Because they made quick money?
this is not a gamble, stop saying that just because you dont know whats going.
i already said this earlier but your skepticism is whats stoping you from making money. Trust the process.
you get in the stock market to make money, thats it, everything is a gamble. This is as fundamental as it gets, when they start covering i start selling.
if im so wrong, then they are far worse, yesterday alone they lost 2.75Bn$ On amc alone. They gamble your future away without batting an eye, as soon as the retailer starts maling money everyone keeps saying to cashout, like its a loterry ticket.
You're delusional if you think this is random.What process? Go invest in a random shorted stock and hope It becomes the next GME or AMC?
Good lord man you're delusional
I thought you were "investing" in AMC based on their fundementals. Not to ride the meme train you happened to get a ticket for
You're delusional if you think this is random.
Gambling where? Because they made quick money?
this is not a gamble, stop saying that just because you dont know whats going.
i already said this earlier but your skepticism is whats stoping you from making money. Trust the process.
you get in the stock market to make money, thats it, everything is a gamble. This is as fundamental as it gets, when they start covering i start selling.
if im so wrong, then they are far worse, yesterday alone they lost 2.75Bn$ On amc alone. They gamble your future away without batting an eye, as soon as the retailer starts making money everyone keeps saying to cashout, like its a loterry ticket.
This is obvious, and i wont start taking advice from people that don't know whats happening now.
The squeeze is due since mid 2019.Well by all means
Tell us how you predicted this squeeze last year then
The squeeze is due since mid 2019.
im not doing your homework, search and you will find it.
i did predict it because im heavily invested in it lol, even before the first squeeze, and even compared to GMe.
hows your portfolio looking?
The bottom line is throwing all your money at a single thing in the stock market is gambling.
Further to that when the thing you decide to throw all your money at is not a business with strong business fundamentals then your gambling factor increases because you're relying on the greater fool theory in order to make money. At that stage the process of growth is not organic but rather you are reliant on a social movement like the one we are currently seeing.
I mean why stop there? AMC isn't even the most shorted company on the stock market? Why not throw money at all these to get in ahead of the next pump that originates from WSB?:
Seems simple enough right?
Invest like this enough times and you will lose money far more often than you gain.
Good old deflection
You couldn't even explain your own DD on the company so i'm not suprised
jesus you still dont get it
Its just a waste of time talking to you, you do you and ill do me.
im not explaining shit to anyone, im not google, take your little fingers and search, you'll find plenty of information.
you're the one deflecting, as i said, my receipts are here, i've been posting since january, where were you?
What am I deflecting exactly?
I don't invest in meme stocks. Never have. Never will. They're not based on process. They're not based on fundementals. It's a riding a train and hopying you get lucky.
You were asked to go through your DD before. You defelcted. I've asked you to go through your process. You deflected. That tells us all we need to know
i dont have to prove or explain anything.
but ill give you a hint, as of now, the entire float has been traded about 19x for the past 2.5 months. If you have acess to bloomberg terminal you'll find pretty things there.
jesus you still dont get it
The whole point is the naked shorting, most of the transactions being made today and for the past months are throught dark pools and otc. Its not reliant on retailers buying and holding, that part is pretty much irrevelevant now.Explain how any of this happens without a cult-like movement.
The whole thing is reliant on millions of people buying a stock with no future prospects and then waiting for more people to eventually do the same in the hope that it triggers a squeeze.
The gamma squeeze is already happening and you don't get the data you need to determine whether or not the shorts have started covering until it's too late.
While it's a nice thought, the whole idea that everyone involved in this can hold hands and sell out at the top together is a delusional one. So ultimately you have to decide whether you sell before everyone else or after.
AMC Entertainment said Thursday it plans to sell more than 11 million shares amid the trading frenzy in its stock.
Why yall arguing? It's his money. Don't have to keep pointing out he could lose some.
At least the memes don't care about inflation lol.
If someone says, 'trust me, I'm an expert, not a single short has covered' and people follow his advice blindly, it's also their money to lose. One counterargument is enough, but this has been going on for a couple of pages now.Already said its his money
Its important people dont follow his stupidity as an example though
It looked like this push was happening so I got a little in early this week. Been a sweet couple of days.Looks like those 35 shares of BB I have sitting in my trade account will finally post some gains (bought at $18.66 a share)!
BB seems to be bouncing off $20. I sold at $19.75It looked like this push was happening so I got a little in early this week. Been a sweet couple of days.
What are you on about?If someone says, 'trust me, I'm an expert, not a single short has covered' and people follow his advice blindly, it's also their money to lose. One counterargument is enough, but this has been going on for a couple of pages now.
What are you on about?
i have not told anyone to buy anything, not i said i was an expert, i do know the shorts havent covered, show me proof that the shorts are covered.
also, following blind advice from strangers will only get you bankrupt.
Typical ladder attack. Very little volume actually being traded. We'll be back.I'm getting a lot of entertainment out of watching AMC crash to be honest.
Sorry for any folks in here who have lost money.
The whole point is the naked shorting, most of the transactions being made today and for the past months are throught dark pools and otc. Its not reliant on retailers buying and holding, that part is pretty much irrevelevant now.
we also have other data which is live that you can and should take into consideration, like utilization (which is still 99.xx), shares to loan, ctb or interest rate.
you seem to have this idea that reddit picked random stocks to pump, when its not the case, have you considered the term "memestocks" was made by the media, and maybe, just maybe, that there is a reason people picked these 2 stocks?
even considering the reported SI, i can guarantee they have not covered anything yet.
If you are all certain you are right, then why not short it? You'll make a killing
What are you on about?
i have not told anyone to buy anything, not i said i was an expert, i do know the shorts havent covered, show me proof that the shorts are covered.
also, following blind advice from strangers will only get you bankrupt.
Why yall arguing? It's his money. Don't have to keep pointing out he could lose some.
At least the memes don't care about inflation lol.
Typical ladder attack. Very little volume actually being traded. We'll be back.
This shit is a rush.
You're delusional.
Back in 9$ yes!You litterally just said on this page you were one of the few who advised people to buy AMC
On June 3, 2021, AMC Entertainment Holdings, Inc. (the "Company") entered into an equity distribution agreement (the "Equity Distribution Agreement") with B. Riley Securities, Inc. and Citigroup Global Markets Inc. as sales agents (each, a "Sales Agent" and collectively, the "Sales Agents"), to sell up to 11,550,000 shares of Class A common stock, par value $0.01 per share, of the Company (the "Common Stock"), from time to time, through an "at-the-market" offering program (the "Offering").
Subject to the terms and conditions of the Equity Distribution Agreement, the Sales Agents will use reasonable efforts consistent with their normal trading and sales practices, applicable law and regulations, and the rules of the New York Stock Exchange to sell the Common Stock from time to time based upon the Company's instructions for the sales, including any price, time or size limits specified by the Company.
Each Sales Agent will receive a commission up to 2.5% of the gross sales price of the Common Stock sold through it as the Company's Sales Agents under the Equity Distribution Agreement, and the Company has agreed to reimburse the Sales Agents for certain specified expenses. The Company has also agreed to provide the Sales Agents with customary indemnification and contribution rights. The Company is not obligated to sell any Common Stock under the Equity Distribution Agreement and may at any time suspend solicitation and offers under the Equity Distribution Agreement. The Equity Distribution Agreement may be terminated by the Company at any time by giving written notice to the Sales Agents for any reason or by each Sales Agent at any time, with respect to such Sales Agent only, by giving written notice to the Company for any reason.
The Company intends to use the net proceeds, if any, from the sale of the Common Stock pursuant to the Equity Distribution Agreement for general corporate purposes, which may include the repayment, refinancing, redemption or repurchase of existing indebtedness, acquisition of theatre assets, working capital or capital expenditures and other investments.
The Common Stock will be offered and sold pursuant to the Company's shelf registration statement on Form S-3 (File No. 333-255546) filed on April 27, 2021 with the Securities and Exchange Commission (the "SEC"). The Company filed a prospectus supplement, dated June 3, 2021 (the "Prospectus Supplement"), to the prospectus, dated April 27, 2021, with the SEC in connection with the offer and sale of the Common Stock.
The foregoing description of the Equity Distribution Agreement is qualified in its entirety by reference to the Equity Distribution Agreement, a copy of which is filed as Exhibit 1.1 to this Current Report on Form 8-K and is incorporated herein by reference.
Typical ladder attack. Very little volume actually being traded. We'll be back.
This shit is a rush.
Why would you say that? We've seen it happen before (many times with GME). No one knows for sure what will happen to the stock.
I cant even.Short ladder attack is a made up conspiracy that originated with the original GME craze. No one had ever heard of that term before.
Short ladder attack is a made up conspiracy that originated with the original GME craze. No one had ever heard of that term before.
Whatever you want to call it, this phenomenon of rapid low-volume sell off that quickly drops the trading price early in the day only to see the stock recover and sometimes even exceed the previous day's closing price happened time and time again with GME. That doesn't mean the same thing will happen with AMC, but to call him delusional over speculating about it? Seems dumb.
Is this the first time people are closely watching how their stocks behave on an intraday basis?