The AMC Stock Discussion Thread

klutch2381

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Was watching this dudes video just now. I think he makes good points at times so I check his drops out. He’s saying that AMC is not going to squeeze until GME squeezes. He believes they are allowing AMC to run up so that GME holders might liquidate and buy AMC. He posits that they are willing to lose money on AMC because when GME squeezes it will be catastrophic for them being that it’s sitting much higher, so they’re trying to drive GME buying pressure down by offsetting it AMC. He also says just knowing the number of short interest is useless if you don’t know the total number of naked shorts. I disagree with him, but interesting idea. :ehh:

People who are holding GameStop and have been for six months are not going to sell to buy AMC.

 

GnauzBookOfRhymes

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as long as the short interest keeps going up there not covering. Once they start covering the short interest will go down


But they may not be the same ppl right?

I can imagine a lot of ppl are shorting today bc obviously AMC will at some point come back down to earth.

Is there a way to find out how much short interest on a daily basis?
 

987654321

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@The Unknown Hype

I figure, with amc trading halted, they were able to concentrate more on creating sell walls for gme.

If the original theory is right. It really shouldn’t matter what the list price is unless it causes a margin call. The real money is supposed to be made when the shorts have to be covered.

The gme trading halt after the amc halt definitely stalled the momentum but I think it’s going to cross $300 by noon tomorrow.

I’ve been watching how there’s a crazy cascade of “sells” with the same amount of shares, that triggers when the price hits a certain point. Sometimes the “buys” volume seems to overwhelm it completely and we jump up another few dollars.

That’s the gist of what I’ve been reading/learning and seeing.
 

Kenny West

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I figure, with amc trading halted, they were able to concentrate more on creating sell walls for gme.

If the original theory is right. It really shouldn’t matter what the list price is unless it causes a margin call. The real money is supposed to be made when the shorts have to be covered.

The gme trading halt after the amc halt definitely stalled the momentum but I think it’s going to cross $300 by noon tomorrow.

I’ve been watching how there’s a crazy cascade of “sells” with the same amount of shares, that triggers when the price hits a certain point. Sometimes the “buys” volume seems to overwhelm it completely and we jump up another few dollars.

That’s the gist of what I’ve been reading/learning and seeing.
Watching level 2 data on GME these past 5 months have been fascinating.

They trade the same amount of stock back and forth with decreasing increments at a fraction of a cent to slowly work the price down. Buy order rushes overwhelms them tho.

Then the sell walls :mjlol:
 

Wise

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Is a significant dip day possible in the midst of what is currently going on? The way GME went from $483 to $67 in a matter of days, could something similar to that happen here? $10-20 range?
 
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