The AMC Stock Discussion Thread

[Big Jo]

The fact that you continue to come in after selling shows you haven't educated yourself, you have fomo but most importantly you invested money you cant afford to lose. So thats 2 bad decisions that led you to lose money. That's whats nonsensical.

Knucklehead stop making assumptions about what I can or cant afford to lose

I'm one of the only people in this thread thats even been transparent and mentioned actual # of shares purchased/ realized losses etc.

But since you're saying I lost money I cant afford lose fukk it I'll give you all the raw numbers here

I bought 100 shares of AMC - $53 dca spread out over multiple transactions

Thats $5300... sold all my shares at approximately $1600 for a realized loss of $3700

With that relatively small loss... I'm left with $25k in my TD Ameritrade account, around $50k in checking/ savings, $86k in my 401k and like $1800 bucks in an Accorns account

Did it suck losing $3700? Yes. Could I afford to lose it... you bet. So please knock it off.

 

[Big Jo]

My buy in is $13 dollars. That's a nonsensical strategy sell at a loss to sit on the money but plan to jump back in brehs..

On what planet is stopping the bleeding, and sitting on the sidelines for a bit to see if this stock actually shows any promise nonsensical?

You're a bag holder waiting to happen.

 

[T.H.E.GOD]

Breh, I have funds available, I could easily buy back in any time. it's two clicks of a button

PPS is up maybe $2 since i sold it? it's not like I sold it and the thing went up 2x/3x since

Is your DCA less than $18.53?? Be honest. Because most brehs in this thread are either at unrealized loss or a realized one... the only ones that aren't just benefited with their timing

"Developments are bullish" - the fukk does that even mean? It's still a sub-$20 stock, down 60% the last 6 months and trading sideways after earnings

The reason I'm sitting on the sidelines for now is I think there's a better chance we see $10 before we see $100 pps

And I said back in November we'd see $20 before we saw $200 and i was spot on

Miss me with this FOMO narrative or like i'm kicking myself because I sold the stock... it was a turd when i sold it and not much has changed

I rock with you normally on your post. Don’t come off like a weirdo but that bolded is what puts you in the same category as everyone else that comes into this thread to knock it. Your mind shouldn’t be on other peoples pockets. Let people spend their money how they want. What they eat don’t make you shyt. @pawdalaw ain’t the only person believing in this. It ain’t just coli posters. A lot of rich ass people is invested in this moass and most of us are in it cuz we rather take this chance then spend on some other dumb shyt. Very few are invested going broke over this. The few might be the ones most upset and in that case, ya dumb for thinking these type of plays is guaranteed. KIM. Lots of positive into it and also some negatives. You choose the blue or red pill.

 

[Big Jo]

I rock with you normally on your post. Don’t come off like a weirdo but that bolded is what puts you in the same category as everyone else that comes into this thread to knock it. Your mind shouldn’t be on other peoples pockets. Let people spend their money how they want. What they eat don’t make you shyt. @pawdalaw ain’t the only person believing in this. It ain’t just coli posters. A lot of rich ass people is invested in this moass and most of us are in it cuz we rather take this chance then spend on some other dumb shyt. Very few are invested going broke over this. The few might be the ones most upset and in that case, ya dumb for thinking these type of plays is guaranteed. KIM. Lots of positive into it and also some negatives. You choose the blue or red pill.

Fair enough and I could say the same thing about @pawdalaw - will be interesting to see if his morale sours if PPS falls under $13... say $10, $8 or $5... he might not be as bullish & gung ho when he goes into his account and sees red every day

I hear you tho

 

[pawdalaw]

Thats $5300... sold all my shares at approximately $1600 for a realized lost of $3700.

Sorry for your loss, I mean it. But that is the kind of move that someone who didn't educate themselves would make. If it were me I would stop coming in this thread and I would spend more time doing research. I'll continue to hold mine.

Spoiler: Good luck.

NFA

* after seeing all that money in my account in June not selling and where we sit today, I don't feel any type of way.

It gets that low again I'll average down by buying more. I believe in the play.

 

[Deafheaven]

such an entertaining thread. rafters for sure.

 

[pawdalaw]

such an entertaining thread. rafters for sure.

Imagine the fukkery if it makes a few millionaires on the coli.

 

[Deafheaven]

Imagine the fukkery if it makes a few millionaires on the coli.

Who on here is holding enough shares to become a millionaire off this shyt

 

[Big Jo]

Sorry for your loss, I mean it. But that is the kind of move that someone who didn't educate themselves would make. If it were me I would stop coming in this thread and I would spend more time doing research.

It's trading breh... it happens.

Their have been numerous studies & analysis showing that randomly chosen stocks have the same average return/ success rate as picks by professionals

Ten years ago i had multiple finance professionals doing research as much as the day is long... telling me to avoid NFLX like the plague.. 30x returns since then

Another colleague back in 2011 told me Citi was the play... he supported his case with meticulous research & financial data... my gut was telling me Amazon... look at the 10 year chart for both and tell me who was right

Time and time again I have seen folks OD on research and lose. Anybody that says different is either full of sh1t or hasn't been in the game long enough

Trading is both an art and a science... we're betting on horses. If it was easy & predictable everybody would be making money. It's not. even some of the most seasoned investors say ultimately they just go with their gut.

I'll say it one more time... charts and analysis can be skewed, people lie, PPS doesn't.

 

[T.H.E.GOD]

It's trading breh... it happens.

Their have been numerous studies & analysis showing that randomly chosen stocks have the same average return/ success rate as picks by professionals

Ten years ago i had multiple finance professionals doing research as much as the day is long... telling me to avoid NFLX like the plague.. 30x returns since then

Another colleague back in 2011 told me Citi was the play... he supported his case with meticulous research & financial data... my gut was telling me Amazon... look at the 10 year chart for both and tell me who was right

Time and time I have seen folks OD on research and lose. Anybody that says different is either full of sh1t or hasn't been in the game long enough

Trading is both an art and a science... we're betting on horses. If it was easy & predictable everybody would be making money. It's not. even some of the most seasoned investors say ultimately they just go with their gut.

I'll say it one more time... charts and analysis can be skewed, people lie, PPS doesn't.

the bolded is a fact. People told me when this shyt crashed during Covid, don’t rock with amc. It will go bankrupt. Told me don’t rock with Tesla. Too iffy of a play.. I am by no means a expert but if something is making enough noise, I’m gonna test the waters. I’m big risk big reward type of dude… not saying I like to lose money but I only lose what won’t matter to me or something I can throw. Made more than I’ve lost by the way. I could have used the money I have in amc and flipped it by now on some other shyt. Instead used some other money to flip and keep this money just in case this shyt finally pops… and if it dies, it dies.

 

[Crizzy]

the bolded is a fact. People told me when this shyt crashed during Covid, don’t rock with amc. It will go bankrupt. Told me don’t rock with Tesla. Too iffy of a play.. I am by no means a expert but if something is making enough noise, I’m gonna test the waters. I’m big risk big reward type of dude… not saying I like to lose money but I only lose what won’t matter to me or something I can throw. Made more than I’ve lost by the way. I could have used the money I have in amc and flipped it by now on some other shyt. Instead used some other money to flip and keep this money just in case this shyt finally pops… and if it dies, it dies.

Some don't understand tho fam.. u about yo bread there's always other ways to make more. Ppl believe this ya only play and for some it may be. I'll put bread wherever cuz I can and if it makes more that's always Gucci... If it don't - that's the shyt I was gonna lose anyway

 

[Mensch Fontana]

So basically you typed a long ass post to acknowledge that AMC and gme are prime targets to be shorted into bankruptcy. But were saved by retail.

So whats your take on the smaller biotechnology companies being shorted to shyt?

My buy in is $13 dollars. That's a nonsensical strategy sell at a loss to sit on the money but plan to jump back in brehs..

The difference is retail doesn't hold a majority of the float and can set the floor price when the shorts come in

 

[Big Jo]

The difference is retail doesn't hold a majority of the float and can set the floor price when the shorts come in

I figured somebody would say that. I’d be interested in seeing the float ownership % breakdown of other heavily shorted stocks for comparison.

 

[Silky Johnson]

the bolded is a fact. People told me when this shyt crashed during Covid, don’t rock with amc. It will go bankrupt. Told me don’t rock with Tesla. Too iffy of a play.. I am by no means a expert but if something is making enough noise, I’m gonna test the waters. I’m big risk big reward type of dude… not saying I like to lose money but I only lose what won’t matter to me or something I can throw. Made more than I’ve lost by the way. I could have used the money I have in amc and flipped it by now on some other shyt. Instead used some other money to flip and keep this money just in case this shyt finally pops… and if it dies, it dies.

I was told a lot of stuff last year too that I went with because I didn't know wth I was doing. The major key I learned is to always do your own research because at the end of the day, nobody else cares about your bread as much as you do. It's always best to go directly to the source when possible because as you can see in this thread, the Trust Me Brehs will take a piece of info and distort it into something completely different in order to get you to buy into the hype.

AA said on the earnings call IF YOU EXCLUDE INDEX FUNDS, retail owns 90% of the float but within 30 mins all you saw on twitter and reddit was OMG WE OWN 90%, HEDGIES ARE FUKKKED.

Breaking down a 10K or 10Q is not very difficult. You can find the information you need in less time it takes to watch a goofy YTer lie to you about bullish flags and reverse repos. All you need to know before handing your money over to a company is Current Share Price, Total Revenue (sales), Net Income, Total Liabilities (debt), Cash & Cash equivalent, Earnings Per Share (EPS) and Shares Outstanding ("the float"). Most of that info is usually found in part 1 of the earnings report within the first 10 pages or so.

Once you have that info, you can calculate the Market Cap (current price x shares outstanding) and the Enterprise Value ( market cap + total debt - cash). If you divide the enterprise value by shares outstanding (EV/Float) you will have what the price per share should be (fair price).

 

[Crizzy]

Ain't no need of arguing y'all... This play gone either ride or die. It is what it is. Ppl chose to put money in certain plays and if it works out cool. If it don't, you gotta be comfortable with taking the L. It's a gamble period.