The AMC Stock Discussion Thread

[bnew]

I’m def copping more on Tuesday. I’m locked and loaded. I think this is going higher than GME’s high too. Think people learned from the GME experience, but I believe the circumstances around AMC will allow for it to go higher (i.e. there’s an absurd number of synthetic shares that will have to be bought back).

GME might have a float 30 times larger than what it should be.

 

[Actually6Foot3]

Serious question. If this crashes the economy wouldn't that make our shares useless?

theyll get bailed out using your tax dollars.

No one will go to jail.

All will be fine.


But on a serious note. If this squeeze produces a massive fire sale on the stock market as shorts are forced to liquidate other assets to cover I don't see how this doesn't crash the entire economy.

Great depression 2.0 loading

 

[kaldurahm]

Chances of this going lower than $26? If it's at 20, I'll try to get 50 shares

 

[pawdalaw]

Chances of this going lower than $26? If it's at 20, I'll try to get 50 shares

I dont think we will see under $20 again. The support is too strong. They used 5m shares Friday to short it and it only dropped 1.5% from the day previous. I believe $25 is the new low.

 

[MeachTheMonster]

Anybody know how it works that Germany is up to $30 on the day we are closed?

Do we just open at $30? Do they just average that in to the U.S. price meaning the Germany price will drop first thing in the morning?

 

[Aro]

Anybody know how it works that Germany is up to $30 on the day we are closed?

Do we just open at $30? Do they just average that in to the U.S. price meaning the Germany price will drop first thing in the morning?

The German stock market is open today. More investors are able to purchase shares.

 

[pawdalaw]

It stays the same unless they short it down in our pre market. The fact that it even climbed a couple bucks let's you know how many shares exist outside of North America. The currency changes but the value remains the same.

 

[MeachTheMonster]

The German stock market is open today. More investors are able to purchase shares.

Yeah I know. I’m just asking how it effects our price as we are closed.

Say they went up to $50 today. Do we open at $50?

 

[MeachTheMonster]

It stays the same unless they short it down in our pre market. The fact that it even climbed a couple bucks let's you know how many shares exist outside of North America. The currency changes but the value remains the same.

So if they close at $30, we open at $30??

 

[I Really Mean It]

So if they close at $30, we open at $30??

It’s separate from the US market.

 

[pawdalaw]

So if they close at $30, we open at $30??

Yes, if they run it up to 35 pounds or whatever currency they use and 35p = $40. That is what we open at.

 

[ISO]

Chances of this going lower than $26? If it's at 20, I'll try to get 50 shares

Nikka just cop it ain’t going to $20

If you scared get 25 shares

 

[MeachTheMonster]

It’s separate from the US market.

Their price has to have some effect on ours right?

 

[Only On Camera]

Can’t remember if I’ve ever been excited for a work week to start before this

 

[I Really Mean It]

Their price has to have some effect on ours right?

I mean, the effect of seeing great performance in Germany probably impels American observers to take interest in the stock, but there is no direct relationship between the two markets.