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[Smiles and Cries]

After hours is insane. None of the tricks are working against them apes

 

[CloudNull]

After hours is insane. None of the tricks are working against them apes

 

[Smiles and Cries]

Seriously even after hearing so much about this. it is not even the squeeze yet but just seeing this nasty movement bruh

so close to $40

 

[AmuroChan]

AMC up another 18% after hours. I'm glad I kept a few hundred shares.

 

[West Texas CEO]

AMC up another 18% after hours. I'm glad I kept a few hundred shares.

 

[West Texas CEO]

For you guys who follow meme stocks, any other cheap ones that might follow again that haven't popped like GME or AMC?

StreetsofBeige , it looks like Blackberry is starting to get some push lately:

The BlackBerry meme play has returned with a vengeance.

In the first four weeks of January, BlackBerry stock nearly quadrupled, hitting a 10-year high, apparently driven by aggressively bullish retail investors in the Wall Street Bets group on Reddit -- not unlike the sharp rallies in shares of the videogame retailer GameStop ( gme ) and the movie theater operator AMC Entertainment Holdings ( amc )

BlackBerry hit a multiyear record high of $25.10 on Jan. 27 -- but it didn't stay there for long, falling back to single digits by late March.

But now the meme stocks are back: On Tuesday, AMC rallied 23%, to $32.04, GameStop ( gme ) gained 12%, to $249.02, and BlackBerry jumped 15%, to $11.56, its highest level in more than two months. In late trading Tuesday, BlackBerry was gaining another 13%, to $13.10.


While many people may still remember BlackBerry for its once-ubiquitous smartphones, the company long ago stopped making them. BlackBerry now is primarily a software business, with a focus on both cybersecurity and software for the automotive industry.

The rally in part could reflect investors trying to spur a short squeeze. There were about 50.2 million BlackBerry shares sold short as of May 14, about 9% of the company's shares outstanding, and equal to close to four days of average trading volume in the stock over the past three months.

For the January 2022 fiscal year, analysts expect BlackBerry to post revenue of $824 million, down about 10% from the $919 million reported in the previous year. The Street expects a loss for the year of about five cents a share. With today's move, BlackBerry has a market cap of about $6.5 billion.

Just four of the 16 analysts who follow BlackBerry have a Buy rating on the stock. The average price target on BlackBerry shares is $7.75, and no analyst has a target above $10.

BlackBerry didn't immediately respond to a request for comment.

 

[Smiles and Cries]

another interesting day ahead

 

[StreetsofBeige]

StreetsofBeige , it looks like Blackberry is starting to get some push lately:

I made money on this one in Jan. I got back in at $14ish cdn yesterday! Damn late as it had been dicking around $10-11 for months. This one didn't pop like AMC/GME two weeks ago.

If it goes back to $25 or so like Jan I'm out.

 

[StreetsofBeige]

ManOfOne,

What do you thin of Unum? They do insurance.

UNM 31.43 -0.08 -0.25% : Unum Group - Yahoo Finance

 

[Smiles and Cries]

I better get use to looking at these types of numbers without my head spinning.

 

[CloudNull]

I better get use to looking at these types of numbers without my head spinning.

I should have bought more but I didn’t believe the squeeze would really happen. If it keeps going I’m going to have a nice down payment for a new home.

 

[GHG]

I should have bought more but I didn’t believe the squeeze would really happen. If it keeps going I’m going to have a nice down payment for a new home.

Looking at the volume, I don't think this is the "squeeze" if one is to happen.

 

[Smiles and Cries]

I should have bought more but I didn’t believe the squeeze would really happen. If it keeps going I’m going to have a nice down payment for a new home.

Not the squeeze yet, be patient with it. They will try everything to stop it from happening.

 

[CloudNull]

 

[Smiles and Cries]

What was that Mud company from yesterday with the paper hands?

 

[zeorhymer]

Look at AMC go! They've rebounded in a month and raking in the profits! Movie theaters are doing better than pre-pandemic era. (Yes, this is sarcasm.)

 

[StreetsofBeige]

Crazy! AMC at $44. It's all time high years back when it was operating in full was about $35.

 

[Smiles and Cries]

I am looking at how to take care of Koi videos... everyone needs a hobbie

 

[dem]

Congrats to you retard apes in AMC

Take some profit... set some stops... don't become fully retarded. You don't need to squeeze it dry.

Easy come, easy go.

 

[Smiles and Cries]

dumb money

 

[StreetsofBeige]

My bro took some profits at $30 or so. He's still got a ton of shares. Guy is up about $250,000.

 

[Smiles and Cries]

nasty

 

[longdi]

is it too late to jump on amc short squeeze?

 

[CloudNull]

LUL time to get some free popcorn.

 

[GHG]

What was that Mud company from yesterday with the paper hands?

With the amount of money they are playing with they can't afford to YOLO.

This is fine if you treat it as what it is, a zero sum gamble.

 

[dem]

holy shit amc...
Can stocks snort coke? I think it just happened.

WOW

 

[GHG]

AMC halted.

This is now officially the squeeze.

 

[StreetsofBeige]

holy shit amc...

WOW

Crazy. Just hit $60.

I thought GME woud be the poster boy for meme stocks, but amazingy, GME has risen too but not so ballisticly. AMC is the new leader of meme stocks now some reason.

Not sure why. Maybe cuz AMC was always around $10 lately so people decided to trend to it this time instead of GME at $100+?

 

[Smiles and Cries]

With the amount of money they are playing with they can't afford to YOLO.

This is fine if you treat it as what it is, a zero sum gamble.

I already know it was just a troll play for them. It was a trick. They made money but the trick did not work.

 

[DrunkandDrunker]

AMC doesn't have bagholders unlike GME. Been getting resistance at 260, but it's been getting momentum because of AMC.
AMC is a fucken legend.

 

[Smiles and Cries]

AMC was halted

 

[GHG]

I already know it was just a troll play for them. It was a trick. They made money but the trick did not work.

I don't think they cared whether the stock went up or down after they got out, it was a play that pretty much guaranteed they make a huge sum of money in the space of hours.

The positive PR them purchasing those shares generated ensured the share price would continue to move up in the short term which gave them an opportunity to sell out for millions in profits.

Holding on to those shares for a long period of time is too high a risk for them.

 

[Smiles and Cries]

unhalted here it goes all over the place

 

[GHG]

Halted again on the way down.

 

[ArtemisClydeFrog]

unhalted here it goes all over the place

Halted again within like a minute

 

[Smiles and Cries]

shit halted again faster than I can post lol

 

[StreetsofBeige]

I don't think they cared whether the stock went up or down after they got out, it was a play that pretty much guaranteed they make a huge sum of money in the space of hours.

The positive PR them purchasing those shares generated ensured the share price would continue to move up in the short term which gave them an opportunity to sell out for millions in profits.

Holding on to those shares for a long period of time is too high a risk for them.

After the article came out saying Muldrick dumped all their shares or a quick gain, I thought that would spook people to dump too.

Turns out the opposite happened!

 

[HoodWinked]

People staring at those red candles while it's halted

 

[Smiles and Cries]

moving

 

[AmuroChan]

Up 35K on AMC. Very tempted to sell....

 

[zeorhymer]

You know the SEC is going to step in. Can't have the little people manipulate the markets. It's only for the elites to play with your money.

 

[CloudNull]

Up 35K on AMC. Very tempted to sell....

You do you my man. Make sure you get a nice bag out of this no matter what.

 

[StreetsofBeige]

Just a random question for you guys.

Lets say a guy is shorting a stock and on giant margin call loss.

The bank/broker says you got to pay up as it's too big and going on too long.

Does the bank/broker care if you buy the stock to cover to put towards the debt? Or as long as you cover what they want (side cash), they dont give a shit if you keep holding that stock you're losing on?

I ask that because if they want you to cover a short position by getting rid of stock first, BUT let's say it a thinly traded stock with hardly any stock out there to buy back, how do they expect you to cover your short position without people out there trying to sell?

 

[CloudNull]

 

[Smiles and Cries]

Yeah man this might be the only time you ever have a choice like this... Do what is best for you.

 

[DrunkandDrunker]

After the article came out saying Muldrick dumped all their shares or a quick gain, I thought that would spook people to dump too.

Turns out the opposite happened!

The apes do their research.

 

[Smiles and Cries]

It will get nastier from here more tricks, more jump scares trying to shake apes off.

 

[HoodWinked]

67 man this is doing the complete opposite of what I'm thinking

 

[StreetsofBeige]

67 man this is doing the complete opposite of what I'm thinking

Amazing. This thing is going to $100.

Not AMC awesomeness, but I got back into BB at $14-ish. Now at $17 cdn. Fuck, if only I pulled the trigger earlier. It was $10-11 (even hit $9.50 cdn) for TWO MONTHS. BB only popped the past couple days.

I didnt think BB would get back on the meme craze like it did in Jan. But what the hell, I jumped back in to take a chance on stupidity.

 

[Smiles and Cries]

go slower I don't like the halts