The AMC Stock Discussion Thread

[Kool]

How much is everybody down... f*cking with this AMC sh*t?

I'm down $4,000.

 

[Schadenfreude]

How much is everybody down... f*cking with this AMC sh*t?

I'm down $4,000.

Yikes.

 

[IllNameMyselfLater]

I'm down about $4500. Everytime I look at my portfolio I just glance right past this shyt to cope

 

[TripleAgent]

he keeps saying opec, whats that mean?

options?

OPEC : Home

OPEC (Organization of the Petroleum Exporting Countries) is an intergovernmental organization oil demand supply market upstream downstream Vienna Austria

www.opec.org

NVM, that's something else

 

[TripleAgent]

This guy called that AH run up.

 

[DJ Paul's Arm]

he keeps saying opec, whats that mean?

options?

Yes

Opex = Options Expiration

 

[Gloxina]

I’m sure some folks will sell but I’m pretty convinced that majority of this cult on Reddit, twitter, stocktwits etc etc are not going to sell until it hits ridiculous prices.

I mean, I’m in that boat too I ain’t coming up off those shares for real lmao It’s been too long. In the off chance this thing happens I promise I will be vacationing during the next election season lol

If the MOASS were to happen I definitely wouldn’t be worried about work for the foreseeable future lol

 

[Gloxina]

The streets are saying $SIRI is the next AMC/Gamestop. Any credence to this? It was up like 42% in one day last week.

Streets are also trying to proclaim YRC is the next AMC.

No more gambles for me.

 

[Big Jo]

I’m sure some folks will sell but I’m pretty convinced that majority of this cult on Reddit, twitter, stocktwits etc etc are not going to sell until it hits ridiculous prices.

Dont take everything you read at face value. There are some well meaning people in the Reddit cult that are holding for some hypothetical MOASS but a lot of the pumping is also likely people trying to sell off their position... some may even be paid/ illegal

Think about it if you were holding the bag and wanted to exit a stock, how would you entice others to buy? by saying its going to the moon

I was trading penny stocks 10 years ago, its the same puffery, slimy tactics and volatility I saw in the micro cap game, just on a bigger scale. And yes you can make money doing it, but most end up on the wrong side of the trade

How much is everybody down... f*cking with this AMC sh*t?

I'm down $4,000.

I dont even want to look but I think I was down around 3 bands when I cut losses. I was telling brehs here to sell & move on around this time last year. sometimes you need to just take an L playing the market, not every trade is fruitful.

 

[Spence]

Somewhere between $1500-2k. Nbd

 

[morris]

$500; maybe a bit more/less with the APE shyt symbol.
Hoping it can get to 50% loss and I will sell that loss

 

[ISO]

I honestly don’t want to hold this shyt anymore

 

[Silky Johnson]

I've been called everything but a child of God by some people in this thread for trying to apply basic logic. There's no way an unprofitable movie theater is going to ever be sold at the prices dudes were holding out for.

I made a 1000% profit off an options play, brought in at $4 and sold all but one share when it was running between $30 - 50.

MOASS has always been a scam

 

[TripleAgent]

I've been called everything but a child of God by some people in this thread because instead of speaking my peace and keeping it moving, I keep coming back in to twist the knife like an a$$hole. There's no way an unprofitable movie theater is going to ever be sold at the prices dudes were holding out for.

I made a 1000% profit off an options play, brought in at $4 and sold all but one share when it was running between $30 - 50.

MOASS has always been a scam

FTFY

 

[Silky Johnson]

FTFY

FOMO isn't a strategy