The AMC Stock Discussion Thread
- Thread starter I Really Mean It
- Start date
pawdalaw
Superstar
is Ortex a reputable site?
the short interest changes daily, same with GME. Judging from the tone of your response you sound like a wounded animal cornered. We all in here chopping it up and you flying off the handle like you can't control your emotions. That's the sign of a defeated man. So because the short interest has changed a squeeze is off the table? Is a squeeze off the table for GME? Scamming? Who? How? I want my coli folk to come up same as im trying to.No you just skate over the facts you don't like and reply with a bullshyt straw man fallacy
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The short interest in AMC is too low to trigger the squeeze you talking about. If the share price topped out at $20 when the short interest was 60 %, how will it possibly hit $1000 on 20%? Either you are too stupid to understand why that's important or being dishonest af.
B-b-b-ut the hedgies lost a billion dollars last week... Oh word? During the same week when everyone in the market was holding 2% L's on their portfolio because of inflation fears?
B-B-But the hedgies are shorting the stock! Ape know shorts bad and stonks only go up! Stfu. Stop trying to scam the brehs in here
I put my money where my mouth is.
And you still ain't answer the question. Why did the hedge funds lose 500m on AMC in 5 days? And don't come with that 2% market crap! That's not an answer.
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Short interest now is almost double what is was when it went up to 20No you just skate over the facts you don't like and reply with a bullshyt straw man fallacy
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The short interest in AMC is too low to trigger the squeeze you talking about. If the share price topped out at $20 when the short interest was 60 %, how will it possibly hit $1000 on 20%? Either you are too stupid to understand why that's important or being dishonest af.
B-b-b-ut the hedgies lost a billion dollars last week... Oh word? During the same week when everyone in the market was holding 2% L's on their portfolio because of inflation fears?
B-B-But the hedgies are shorting the stock! Ape know shorts bad and stonks only go up! Stfu. Stop trying to scam the brehs in here
So bottom line, will AMC reach over 40 or nah?
Like none of this is true. AMC is the largest theater companyYou're not doing a deep enough analysis, IMO.
It has nothing to do with the theater business model; AMC as a company was lagging behind the competition. It's only popping now because it's a meme stock. To give a comparative example, Sears didn't go out of business because the retail department store business model doesn't work. Obviously it does, since many department stores still exist.
The problem was with AMC's massive debt, lagging sales, and slow innovation as compared to its rivals. AMC was flabby 'n sick before the pandemic.
I'm only trying to make a little change off the emotional pump. If you seriously think that AMC will even get close to $100K/share--much less let people cash out their shares at that price--you need more education on how this works.
The SEC would sooner freeze people's accounts than let the market short circuit like that.
and has held much more market share than any other theater company. They’ve gained more now as others have closed up shop.
They weren’t “lagging behind” anyone and still aren’t.
The debt they went into before the pandemic was to upgrade the theaters and experiences. Buying imax screens setting up a streaming service and stuff like that.
They just got unlucky in that right as they were taking out those loans their business went to literally $0 for almost 2 years.
Now that they’ve made it passed the danger of bankruptcy, if there’s any theatre company most likely to be successful as the business model changes it’s AMC.
I think it will.
The $1000 per share talk is crazy to me, but I do thing $40 and more is very possible.
I Really Mean It
Veteran
Yeah I have a small bag of AMC from back when it was like 4 bucks.Over $40?!?!? Is this a serious question?
People seem pretty confident it's gonna run up and it's ath looks like it was about 30.
I really have no clue so I'm just asking seems like it's about time to drop off the bag
I Really Mean It
Veteran
Yes, it will reach well above $40. Just hold and wait. This could very well reach $100,000. That isn’t hyperbole; it’s well supported fact.
$5,000+
It's at 12.47 right now. Why are you so high on it?
pawdalaw
Superstar
The thing to remember about the price is its not a human that is sitting at a computer buying back shares. Its a program that buys. It keeps going to the next highest price until all the shares are bought up.bliks a poster mentioned earlier. The SEC or DTCC is likely to step in and halt the price. But from all the new rules they put in place the last 2 months. They are basically saying fukk the hedgies, their on their own. You have firms like Blackrock waiting to swoop in who are already long on AMC and GME. Its going to be a shyt show for sure.
I Really Mean It
Veteran
Because the HF have to eventually cover and the float is owned by retail. The math simply doesn’t bear out any other result. It was at $15 a few days ago. Squeezes aren’t linear. There are ebbs and flows, a tug of war between retail and hedge funds.
When do you expect it to peak?
