The AMC Stock Discussion Thread

Rakim Allah

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Anybody else use Stash to invest? I just realized they do their trading in windows and u just cant buy and sell anytime :francis: Am I fukked :mjgrin:
I’m on stash. Love their layout and buying stock as has been cool but I’ve never sold stock yet so I don’t know how proficient they are with that. They don’t do stop losses/stop limit orders.
 

Dreamchaser

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Dont do that. Stop losses are a no no. Hedgies search for those. Plus it sends the signal that you are looking to sell, which suppresses the price if a lot of shareholders are doing it.
Stop limit orders aren't actionable until you set a price. Why does it matter if a hedge fund can see that? Your protecting yourself against losses.
 

MeachTheMonster

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Stop limit orders aren't actionable until you set a price. Why does it matter if a hedge fund can see that? Your protecting yourself against losses.
This stock does not and will not have natural movement.

They can see your orders so they purposely drop the price to set off stop losses. For example today the stock swung all the way down to $28 then back up to $32.

If you had a stop loss set you would have lost money then watched the stock rally another 10%

This play isn’t for the risk adverse. You gotta have “diamond hands” and I mean that seriously not that meme shyt. If/when this really squeezes you gotta be willing to endure huge swings and volatility.
 

CoryMack

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Dont do that. Stop losses are a no no. Hedgies search for those. Plus it sends the signal that you are looking to sell, which suppresses the price if a lot of shareholders are doing it.

so when we’re ready to sell do we just sell at the market price?
 

MeachTheMonster

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Really good day.

Up 20%

Good news on the business side of things.

We are starting to get lots of positive press. They had Matt Kohrs on cnn talking about amc apes.

We saw fukkery with the share sale and endured it. We spent the most significant time of the day sitting near where we closed meaning our closing price is solid.:blessed:
 

Sinnerman

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Closed at 32 :banderas:

Tomorrow is supposed to be a big day with the share count right?
 
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