Leavingtheecstasy
All Star
At you not being rich off a $300 investment.
Shorting has a loss potential of infinity. You're about to watch this scenario play out for the first time ever.
The AMC Stock Discussion Thread
- Thread starter I Really Mean It
- Start date
At you not being rich off a $300 investment.
Shorting has a loss potential of infinity. You're about to watch this scenario play out for the first time ever.
JetFueledThoughts
Superstar
At you not being rich off a $300 investment.
Shorting has a loss potential of infinity. You're about to watch this scenario play out for the first time ever.
I hold both AMC and GME.
But I’m glad the $5 surge yesterday has this thread back in “a MiLlYuN iS nOt A mEmE” territory
Leavingtheecstasy
All Star
If you do your research that PT never should have changed. At least for gme. And I like amc and am holding to a big PT as well. But it is literally possible for it to hit that amount if people continue to hold when it comes to gme potentially amc too depending on how much it is actually shorted. The worst part is we don't know. If it's somehow over 100% then yes it is completely possible.I hold both AMC and GME.
But I’m glad the $5 surge yesterday has this thread back in “a MiLlYuN iS nOt A mEmE” territory
If the short hedge funds are never closing and keeping these absolutely nuclear sized short positions open, what do you believe is happening when they are forced to cover? They certainly didn't cover in the last 10 months. So why be in this play if you're hoping for what, 200%? 500% gains
That's absolutely retarded. You could've made 3X that on crypto or Penny stocks.
If you're in this play fully you should be looking at the big picture. They have continued to build on monumental short positions for nearly a year (potentially longer before retail hopped on)
So when it comes crashing down its going to be a scenario that has never happened before. And all people have to do is hold. If it's over 100% shorted they legally HAVE to buy every share.
So if you don't sell, it goes up, and that keeps happening, forever. Thus the factual unlimited loss potential from shorting and never closing. I don't understand what's so hard for people to grasp. I get it seems unreal until you actually look at the situation. Then it's a done deal, they just need to be forced to close. And if you're doubting they'll get their hands forced you should not be in this play. It's so fukking stupid to be in a play like this and be thinking it's only going up a few hundred percent. There are much better opportunities for you if that's your end goal
IsThatBrothaMouzone?
Superstar
If you do your research that PT never should have changed. At least for gme. And I like amc and am holding to a big PT as well. But it is literally possible for it to hit that amount if people continue to hold when it comes to gme potentially amc too depending on how much it is actually shorted. The worst part is we don't know. If it's somehow over 100% then yes it is completely possible.
If the short hedge funds are never closing and keeping these absolutely nuclear sized short positions open, what do you believe is happening when they are forced to cover? They certainly didn't cover in the last 10 months. So why be in this play if you're hoping for what, 200%? 500% gains
That's absolutely retarded. You could've made 3X that on crypto or Penny stocks.
If you're in this play fully you should be looking at the big picture. They have continued to build on monumental short positions for nearly a year (potentially longer before retail hopped on)
So when it comes crashing down its going to be a scenario that has never happened before. And all people have to do is hold. If it's over 100% shorted they legally HAVE to buy every share.
So if you don't sell, it goes up, and that keeps happening, forever. Thus the factual unlimited loss potential from shorting and never closing. I don't understand what's so hard for people to grasp. I get it seems unreal until you actually look at the situation. Then it's a done deal, they just need to be forced to close. And if you're doubting they'll get their hands forced you should not be in this play. It's so fukking stupid to be in a play like this and be thinking it's only going up a few hundred percent. There are much better opportunities for you if that's your end goal
I think people are analyzing human nature and don't trust others to hold.
GME holders are 'bout that life' and I have no doubt they'd hold until it hit AT LEAST $500k. AMC is tricky because we have never seen the price even hit $100. It's a cheaper stock so more folks can buy in but we haven't been tested yet. The hedge funds don't want this stock staying above $50 or $60 for more than a couple of days.
Hedge funds want to shake people off but no one is going to sell if it keeps trading sideways or down. It has to rise up but they don't want to let that dog out the crate because it might not come back.
Leavingtheecstasy
All Star
With AMC you have to trust others to hold, in GME you only have to worry about yourself because it's over 100%. So I can understand people being worried about AMC. Because we don't know how deep the HF really are. But I suspect it has to be close to 100% at this point, there's no way it can't be after this much time shorting it day in and day out
And you really gotta trust other AMC holders because they have over 80% of the float
The initial skepticism i had was about the assumption the shorts have to cover. My question was, what happens if some of them just file for bankruptcy and if they have insurance, what if the insurance finds loopholes out of paying or if they go bankrupt as well. What if the original owners the shares were borrowed from end up having to eat that loss and then retail is stick holding AMC shares that the original owners don't legally have to buy back especially if the price is so high. This ends up decreasing demand and the price goes down. The price could go up and down until some sort of equilibrium is established. Someone gave an explanation saying my scenario is not possible and that's not how it works. I remember the person made sense but i forgot exactly what it was.If you do your research that PT never should have changed. At least for gme. And I like amc and am holding to a big PT as well. But it is literally possible for it to hit that amount if people continue to hold when it comes to gme potentially amc too depending on how much it is actually shorted. The worst part is we don't know. If it's somehow over 100% then yes it is completely possible.
If the short hedge funds are never closing and keeping these absolutely nuclear sized short positions open, what do you believe is happening when they are forced to cover? They certainly didn't cover in the last 10 months. So why be in this play if you're hoping for what, 200%? 500% gains
That's absolutely retarded. You could've made 3X that on crypto or Penny stocks.
If you're in this play fully you should be looking at the big picture. They have continued to build on monumental short positions for nearly a year (potentially longer before retail hopped on)
So when it comes crashing down its going to be a scenario that has never happened before. And all people have to do is hold. If it's over 100% shorted they legally HAVE to buy every share.
So if you don't sell, it goes up, and that keeps happening, forever. Thus the factual unlimited loss potential from shorting and never closing. I don't understand what's so hard for people to grasp. I get it seems unreal until you actually look at the situation. Then it's a done deal, they just need to be forced to close. And if you're doubting they'll get their hands forced you should not be in this play. It's so fukking stupid to be in a play like this and be thinking it's only going up a few hundred percent. There are much better opportunities for you if that's your end goal
My point is, even if you believe in the play, with all the fukkery that took place so far, i understand the skepticism. At this point, I'm just eating popcorn (pun intended) and enjoying the show.
Leavingtheecstasy
All Star
It goes to the clearing houses after that. There's a process on it of what happens when the hedgies get broke. I'm going back to work atm but I promise just a little digging in the amcstock or superstonk subs can help out
DJ Paul's Arm
Veteran
Don’t even trip y’all, this is just the dip before the rip.
humminbird
Veteran
any minute now someone on Reddit will post that Volkswagen chart with an arrow saying you are hereDon’t even trip y’all, this is just the dip before the rip.
Kenny West
Veteran
Honestly can't wait for a Defi version of the stock market. I'm tired of the casino
I bought Loopring Tokens at 45 cents a coin after they confirmed they were almost done the GME NFT marketplace. shyt is over 300% off GME hype alone without all the goofy manipulation to save the Fed's billionaire buddies.
None of the retarded FUD that gets directed at the stock daily. No fake media narratives. Just a sustained bull run off the association alone, now imagine if they couldn't manipulate GME's NYSE prices.
For all the scamming that goes on in the crypto space, I'm really starting to favor it over the stonk market. That decentralization and transparency hits different after that bogus ass Fed report calling GME a danger to finacial system
I bought Loopring Tokens at 45 cents a coin after they confirmed they were almost done the GME NFT marketplace. shyt is over 300% off GME hype alone without all the goofy manipulation to save the Fed's billionaire buddies.
None of the retarded FUD that gets directed at the stock daily. No fake media narratives. Just a sustained bull run off the association alone, now imagine if they couldn't manipulate GME's NYSE prices.
For all the scamming that goes on in the crypto space, I'm really starting to favor it over the stonk market. That decentralization and transparency hits different after that bogus ass Fed report calling GME a danger to finacial system
Uchiha God
Veteran
I’m glad the $5 surge yesterday has this thread back in “a MiLlYuN iS nOt A mEmE” territory
Ezekiel 25:17
Veteran
I hold both AMC and GME.
But I’m glad the $5 surge yesterday has this thread back in “a MiLlYuN iS nOt A mEmE” territory
And just like that it's gone.
I ain't selling though.
wish I bought more loop.
hedgies having fun with amc today but they still got problems ahead. Cohodes trying to get amc to offer a digital dividend which would hurt hedgies. Gme may do it first. Other then that, amc’s best month was October. As they sell more tickets, more pressure applied. I like the popcorn sales idea and they mentioned possibility of their own credit card yesterday. They got a base of millions of investors, that will buy stuff off them.
100% agree! Not only do you make way more typical gains on crypto you can also make it generally in a faster time period. Which is why government regulation is gonna be the death of crypto as we know it. These rich ppl are already manipulation crypto to some levels but it’s still not nearly as bad as the stock market. Ppl should be crying out and fighting tooth and nail to keep crypto unregulated and mostly decentralized.
Crypto scammers can mostly be dealt with with community innovation. Like the other day I read an article about the Squid Game token stealing millions from ppl who could buy but couldn’t sell it. I immediately thought why don’t these dexes get off their asses and create automatic tools that will read these token contracts and discern this stuff BEFORE ever listing such easily recognizable scam tokens. It will happen someday, maybe a new dex comes along and implements anti-scam features and we’ll all be better off for it.
