Boiler Room: The Official Stock Market Discussion

winb83

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do not sell AMC, don't overthink it......probably about 4-5 million people who are planning to hold & we Own the float....that means we're paid in advance....the$^: squeeze hasn't happened yet....$^:smile:
People said the same thing about Gamestop earlier in the year. The goal is to make money so try not to get too greedy. That's how I got burned on CCIV.
 

GoldenGlove

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People said the same thing about Gamestop earlier in the year. The goal is to make money so try not to get too greedy. That's how I got burned on CCIV.
Applying logic... I'd say the vast majority of people who experienced GME's situation had no idea what a short squeeze was prior to it happening. That's why you had people referring to it as a pump and dump ignorantly as the price continued to rise.

Now with that context, and with AMC being publicity known as one of the most shorted companies (people were loading up before GME took off), common sense lends me to think that what happened with GME will more than likely benefit AMC holders because they now understand how this works.

We'll see how everything plays out, but money will be made and hopefully those looking from the sidelines for both GME and now AMC take "memes" serious in the future and not miss out on an opportunity.
 
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winb83

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Applying logic... I'd say the vast majority of people who experienced GME's situation had no idea what a short squeeze was prior to it happening. That's why you had people referring it to a pump and dump ignorantly as the price continued to rise.

Now with that context, and with AMC being publicity known as one of the most shorted companies (people were loading up before GME took off), common sense lends me to think that what happened with GME will more than likely benefit AMC holders because they now understand how this works.

We'll see how everything plays out, but money will be made and hopefully those looking from the sidelines for both GME and now AMC take "memes" serious in the future and not miss out on an opportunity.
It wasn't that they didn't understand how it worked it's that something they didn't anticipate derailed the whole thing.

I don't know about you but I know I'd never reach being 600% up on some stock I didn't believe in the fundamentals of. Hindsight is 20/20 but I know to stay out of stuff like this because of my experiences. It's usually better to set a target of what you want to make rather than chase after all the money. Even doing that like in my case can cause you to fail though when you're dealing with something selling for an overinflated value. I wanted CCIV to get to $90 like Nikola did. It never reached that. I wanted BB to reach $32 earlier in the year. It also never reached that.
 

Rekkapryde

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People said the same thing about Gamestop earlier in the year. The goal is to make money so try not to get too greedy. That's how I got burned on CCIV.
I'm drowning on CCIV and Riot hoping it comes back to green for me. Down almost 11 bands between both. :to:
 

its2late2hate

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With the amazon news about them being agreeable to legalized weed, which weed stocks should I go all in on before they bubble up?
 

winb83

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I'm drowning on CCIV and Riot hoping it comes back to green for me. Down almost 11 bands between both. :to:
I bought CCIV on the rumor of the Lucid merger at $22 and it went up to like $64. I wanted $100. Never saw $100. I'm still holding CCIV and it just got back to green for me now.

All I'm saying is people need to be honest with themselves about what they would actually do in a given situation vs what they hypothetically could have done based on 20/20 hindsight well after the fact. it's easy to look at say Dogecoin and say I could have bought that at 0.08 and sold it at .060. In reality I can honestly say knowing myself even if I bought at 0.08 I wouldn't have kept it till 0.60 and if I did I probably would still be holding it now while it's 0.20 less than what it was.
 

humminbird

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it's looking like we're getting that same downtrend that we got after gamestop
basically confirming it's because the big whales are covering these shorts
I'm hoping the red winter doesn't take months again :unimpressed:
 
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