The AMC Stock Discussion Thread

[Jesus H. Christ]

What a day

 

[Spence]

$68.5 high today. Didn’t think we would sniff $55 today on the rebound. We might actually fukk around and finish in the green for real

 

[SNG]

Bought on the dip shyt back up

 

[Spence]

How

I’m a Rockets fan and if it wasn’t for that fkn team we would’ve had at least one or two rings with the roster we built

every single god damn year in the conference finals or second round when we saw them they would smush our shyt no matter how well our team played in the regular season or previous rounds of the playoff

 

[NormanConnors]

This shyt hitting triple digits mark my word. Hedge funds tried every scare tactic. That shyt didn’t work, we band together and we bought more. We held the line. Friday y’all gonna see a lot green and y’all be happy af. It’s gonna be tempting but don’t fold. We didn’t even scratch the potential. Just remember this shyt is rollercoaster. It’s gonna up and down. Especially during the mid-week shyt drys up and numbers down. All they doing is shaking the tree watching the paperhands fold. Prime opportunity for you to buy more dips. If seeing red make you nervous, just know scared money don’t make money. If you content with just being comfortable this ain’t for you. nikkas will blow money on shoes, clothes, women, cars, food, video games and all type of shyt. But think it’s the end of the world to lose money on stocks. I’ll never understand this mindset.

Facts

 

[Shakeydog]

Smoking that citadel pack stand tall we got this

 

[Trojan 24]

I’m a Rockets fan and if it wasn’t for that fkn team we would’ve had at least one or two rings with the roster we built

every single god damn year in the conference finals or second round when we saw them they would smush our shyt no matter how well our team played in the regular season or previous rounds of the playoff

Well my AMC brehs looking more like the Nets now

 

[Wise]

Back up to $57 after being down to $38 hope you was smart enough to buy the dips

Man I bought again today at 53 smh. I was on questrade and had went to buy 100 at 48. Minutes had passed by and I didnt submit and it still said 48 but when I submitted it was at 53. Guess its in real time not at the time i click.

Shouldve copped at 38-43

 

[bnew]

 

[Ineedmoney504]

I’m so happy I’m not one of them “I shoulda brought when it hit .....” boys no more. Buy with confidence or don’t play the game

 

[NotaPAWG]

Man I bought again today at 53 smh. I was on questrade and had went to buy 100 at 48. Minutes had passed by and I didnt submit and it still said 48 but when I submitted it was at 53. Guess its in real time not at the time i click.

Shouldve copped at 38-43

15 m chart RSI & MACD indicators help getting better entries

When RSI hit below 30 that was a buy signal

 

[kej718]

I'm in for thr fukkery.


Had this on my Watch list last month and didn't buy. Just bought a few shares this morning before it dropped.

I'm about even now. My cryto is doing OK so I can hold this for a while.

 

[Vinny Lupton]

I ate lovely off todays dip. God damn.

Dip Set what oww

feel like Juelz Santana leg hangin out the phantom

 

[kaldurahm]

Sign up list on the Rollie for OP, if there’s 40 of us we can go in at $200 for an $8k submariner since he’s responsible for all our food here.

1. Spence

please quote and add your name.

When this shyt over, hold me to it. Kaldurahm

 

[Silky Johnson]

There are bag holders that jumped on in January at $20 that will be thirsty to get their bread back . I Don't see this going above $25.

I never paid attention to the market like that even though I used to do IT for a few big name investment banks before the recession. I picked up some things speaking with traders while working on their Blackberries or w/e else I had to do

I knew enough to notice that something was up when GME went from $22 to $38 in two days for no apparent reason in January. I missed the peak of it, but caught a 1000% lick on AMC calls without knowing what I was doing

Since then, I've been on it studying for the SIE exam ,learning technical and fundamental. I followed dudes on Twitter and them youtube channels...was in the Atlas Trading discord...all that. I said all that to say this....

DO YOUR OWN RESEARCH

90% of the stuff you hear from these dudes is either uneducated speculation or predatory hype schemes taking advantage of FOMO to leave you holding the bag. A little patience and common sense goes a long way to help you see what's real and what's not.

I'm not a financial adviser but there's nothing in the AMC chart that I can see that will suggest it can even get close to the the numbers dude was in here spitting. I can't even see (aside from reddit) what links GME and AMC together. AMC's all time high from 2015 is still about half of GME's ATH from 2007/2013. The volume GME did during it's run to $483 is damn near twice of what AMC got to push to $20 this year. The growth potential for their respective industries are completely different. GME brought in new leadership to take advantage of the cult following while AMC doubled down for more of the same.

There's no logical, fundamental or technical reason to expect that it will rocket. Even after all the hype from this week, it's still trading under it's 200-day Simple Moving Average while the Relative Strength Index is still on the high-end. If it was trading above the long SMA on high volume and low RSI near that over-sold territory, I could see the potential. But this on some Gamma Squeeze Yacub theory? Nah

In other words, the clout demons are all while the AMC charts are like

From the article you linked to:



In January, GME free float short interest was over 100% and AMC was a little over 60%. That's why the squeeze popped. Knock it off

I was talking big shyt in here. I'll take my L










Then I'll take the bag from the options plays I made while lurking the thread