AMC

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5/17/2021 3:45 PM

Who's in on this bad boy? She going to the moon.

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5/17/2021 4:04 PM

That would be cool. I have 60 shares.

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Instagram: vanillaice782
Amateur helmet painter

5/17/2021 4:15 PM

I'm up to 600. Ready for that sucker to take off

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5/17/2021 4:15 PM

Ive been holding a handful from months ago at $16. Looks like it’s taking off after hours!

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5/17/2021 4:17 PM

Zycki11 wrote:

I'm up to 600. Ready for that sucker to take off

Cool, I'm just a little bit green on mine. I bought right around the time that GameStop was happening and they talked about AMC being the next target.

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Instagram: vanillaice782
Amateur helmet painter

5/17/2021 4:26 PM

Anyone have anything in NAKD too?

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5/17/2021 5:32 PM

I’ve been holding for months! Amc1000k

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5/17/2021 6:31 PM

AMC? Fuck yeah. grin

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"Sorry Goose, but it's time to buzz the tower."

5/18/2021 8:52 AM

I've been in since early December.

Things are starting to get interesting.

Reddit: R/AMCSTOCK

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5/18/2021 9:58 AM

-MAVERICK- wrote:

AMC? Fuck yeah. grin

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I saw the title and thought "Gremlin, AMX? They can't possibly be coming back?". Then I realized it had to be about the theater company... blush

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5/18/2021 10:22 AM

Does anybody know why the after hours trading volatility gets so crazy? See AMC for an example.

The stock will be chugging along sideways and then shoot straight up or down. That can’t be a profitable way to trade for the big boys.

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5/18/2021 10:37 AM

I just locked it in with 80 more shares. Next stop, the moon.

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Instagram: vanillaice782
Amateur helmet painter

5/18/2021 12:14 PM

-MAVERICK- wrote:

AMC? Fuck yeah. grin

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Matt Fisher wrote:

I saw the title and thought "Gremlin, AMX? They can't possibly be coming back?". Then I realized it had to be about the ...more

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“Adhering to 1970’s Standards of Political Correctness”

5/18/2021 1:01 PM

Where were you guys a few days ago when i asked about it in the market thread? lol I still havent decided what to do, dont know much about the stock market i only dabble in crypto.

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-OC
"Feed The Bull"
Twitter: @ocscottie | Facebook

5/18/2021 1:11 PM

ocscottie wrote:

Where were you guys a few days ago when i asked about it in the market thread? lol I still havent decided what to do, dont ...more

After you posted that question, I did some digging in my usual spots and everyone seems to think the same, that it’s going to take off. But I also read supposedly the OG WSB crew were never onboard AMC and thought it was BS. If I had some bs money I didn’t mind losing, I might throw some at it, but I’m not shifting any money out other investments. I’ve made that mistake a few times, only to miss the earnings I would have made leaving it where I had it lol

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5/18/2021 2:20 PM

ocscottie wrote:

Where were you guys a few days ago when i asked about it in the market thread? lol I still havent decided what to do, dont ...more

Even if AMC does not squeeze, I still think it's a $20 to $30 stock when things get back to normal after all of the theaters re-open and can get back to business without capacity restrictions. Maybe a blessing in disguise, but during the pandemic they trimmed quite a bit of fat from the business and closed many of the non-profit bearing locations. They have generated more than enough cash to float the business even though they are still turning a loss, but each quarter their losses are shrinking. Customers and shareholders seem loyal to the business. There's also some news that AMC and Gamestop might be working on some eSport collaborations which would bring in a new revenue stream and additional customers. From these points alone, I think the stock is still a good long(er) term hold even at the current price of $14.

Their CEO, Aaron Andrews, seems to be on board with the whole to the moon movement and has been very public about rooting out large hedge short positions. There is supposedly a synthetic short count due on June 2nd which is going to reveal some light on how many shares are synthetic, which will expose the level of naked shorting that has been occurring.

The other big thing that has recently occurred is that the SEC ruled that dark pool trading can no longer occur. This took away a significant weapon that the HFs were using to ladder down the price AH which has held down the price the last couple of months. That's why we have seen a continuous climb in price the last 9 days now.

All of the evidence and data seem to suggest that there is going to be some level of squeeze that will occur in the near future. People are saying $100, 1k, 10k, 100k, etc. floor and DO NOT sell until it reaches those levels. Do I see that happening? Probably not....I think the HFs learned enough from Gamestop that it won't get that high AND I do not have enough trust in retail investors that they will all hold. Most people are probably going to sell and take profits when they start seeing 2,3,4 times return on their investment. It takes a huge amount of discipline not to sell when you start seeing those levels of profits in your account. But I do think we have a probable chance that their will be some big swings in price up to maybe $40/60/80 per share before it levels off and returns to a more normal $20-30 level.

In short, if you have some extra money lying around, I do think it's a smart investment. Plan on holding it and see where it goes. Maybe we will all get luckily and it squeezes to Moon levels, but even if it doesn't you can probably get 2x return within 6 to 12 months.

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5/18/2021 3:17 PM
Edited Date/Time: 5/18/2021 3:18 PM

I just opened up a TD account and bought 70 at $14+ or so....I think that’s what it was a bit ago. I’m trusting you guys that it will be a moonshot. I don’t follow this stuff at all so I’ll take all the help/advice I can get.

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5/18/2021 7:06 PM

KennyT wrote:

I just opened up a TD account and bought 70 at $14+ or so....I think that’s what it was a bit ago. I’m trusting you guys that ...more

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Instagram: vanillaice782
Amateur helmet painter

5/18/2021 7:32 PM

mxtech1 wrote:

Even if AMC does not squeeze, I still think it's a $20 to $30 stock when things get back to normal after all of the theaters ...more

Those retail investors have been pretty solid though getting dogecoin, a pretty much useless cryptocurrency waaaaay overvalued

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Instagram: vanillaice782
Amateur helmet painter

5/18/2021 8:44 PM

KennyT wrote:

I just opened up a TD account and bought 70 at $14+ or so....I think that’s what it was a bit ago. I’m trusting you guys that ...more

I see you just bought more than I did so if we go down n flames we will do it together 😂

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5/19/2021 9:26 AM

KennyT wrote:

I see you just bought more than I did so if we go down n flames we will do it together

Yeah it's fun. Just invest with your head not over it.

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Instagram: vanillaice782
Amateur helmet painter

5/19/2021 11:57 AM

KennyT wrote:

I see you just bought more than I did so if we go down n flames we will do it together

smashingpumpkins167 wrote:

Yeah it's fun. Just invest with your head not over it.

I saw it dipped a little this morning and I had $93 cash so I bought 7 more shares. It’s not the end of the world if it tanks. It’s gonna be fun giving me something to keep a eye on 👍

I have no idea what I’m doing. IF it gets to a point n time where I doubled my money. Would you suggest taking out my original investment and going the rest of the way on pure profit? Or is that a stupid way to try and make some fun money?

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5/19/2021 4:16 PM

KennyT wrote:

I saw it dipped a little this morning and I had $93 cash so I bought 7 more shares. It’s not the end of the world if it tanks. ...more

Im in the same boat Kenny, I have no idea what I am doing LOL I still haven't pulled the trigger on AMC yet, cant decide if I want to watch stocks AND the crypto market at the same time.

The swings are pretty stressful in the crypto world, is it the same in the stock market? Up/down like a roller coaster, you have to hold on tight for the ride! Really messes with your head sometimes LOL Of course I am only investing "fun money" I still have my whole stimulus check just sitting here, figured it wouldn't hurt to use a little of it on things like this.

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-OC
"Feed The Bull"
Twitter: @ocscottie | Facebook

5/19/2021 7:36 PM
Edited Date/Time: 5/19/2021 7:37 PM

KennyT wrote:

I saw it dipped a little this morning and I had $93 cash so I bought 7 more shares. It’s not the end of the world if it tanks. ...more

That can be a tough call to make. You can do it to protect your original investment....but if it jumps wildly high afterwards, then you are really missing out on a lot by selling half of your original investment.

If it does take off like GameStop then I think it will be really big gains and you probably won't want to sell.

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Instagram: vanillaice782
Amateur helmet painter

5/20/2021 2:07 PM

It’s simple buy shares and don’t sell in the red. You don’t lose money if you don’t sell. Stocks go up and down and the hedges have a lot of tricks.

With amc specifically. The hedges have shorted it so much and created millions of synthetic shares. In this case with amc. The numbers aren’t adding up. The retail investors own 80% of the stock. All you have to do is buy and hold it. The hedges are losing millions and millions and eventually they are going to be called for margins, or the synthetic shares will be shown and the stock will rocket up. It will happen, when(nobody knows). But when it does go, it will be big.

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5/20/2021 2:49 PM

How do I track a stock price real time?

I use yahoo finance for research and Fidelity for a broker. My current method is to check the price once a day, when I remember.

Is there a better way?

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I have the right to remain awesome.

5/20/2021 3:08 PM

I added the crypto/stocks I own to the iPhone stocks app and I usually track them with that if crypto is down as I don’t like to see how much I’m down lol

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5/20/2021 3:15 PM

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Instagram: vanillaice782
Amateur helmet painter

5/20/2021 3:41 PM

motosmith wrote:

How do I track a stock price real time?

I use yahoo finance for research and Fidelity for a broker. My current method is to ...more

Doesn't Yahoo show real time?

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HAF

5/20/2021 4:03 PM

I have a hard time believing that hedge funds / institutional investors are going to be on the wrong side of this. They all saw what happened with GME and anyone of them with a brain would have put out a do not trade order on any stock
mentioned more than x number of times in WSB subreddit.

But.... greed makes people and companies do dumb things. I hope y’all are right on this one. I may sit this one out.

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