The AMC Stock Discussion Thread

Ezekiel 25:17

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So again by end of the month we looking at $500?


I don't know how any of it works, I just know $100k/share sounds crazy to me at least. How would that even work in regards to people cashing out? Where would $5 trillion come from?

Also you have to take into account the people selling. A lot of people will sell at $5000, let alone $100k. AMC would have to go up crazy, but then you gotta take into account halts.
 

GreenGrass

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I don't know how any of it works, I just know $100k/share sounds crazy to me at least. How would that even work in regards to people cashing out? Where would $5 trillion come from?

Also you have to take into account the people selling. A lot of people will sell at $5000, let alone $100k. AMC would have to go up crazy, but then you gotta take into account halts.
there is nothing illegal we are doing if the share is 100k and we want to cash out. i use a different brokerage than yours and i have never had problems with it.
 

Batsute

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I don't know how any of it works, I just know $100k/share sounds crazy to me at least. How would that even work in regards to people cashing out? Where would $5 trillion come from?

Also you have to take into account the people selling. A lot of people will sell at $5000, let alone $100k. AMC would have to go up crazy, but then you gotta take into account halts.

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Nothing is crazy about the price. We are doing the same thing these firms have used to make bank.

We’re just taking advantage of the same loopholes as them. Will everybody sell at 100K no.

people will sell on the up and going down. The most important factor is that nobody sells until the squeeze happens.
 

Software

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$100k isn't feasibly possible, do the math. There's well over 50,000,000 shares. Imagine what happens of everybody cashes out. You're talking like $5 trillion

I'd say something like $500-$1000.
Everybody isn't gonna time that at once.
Very few people sell at absolute peaks during a squeeze.
Nobody knows how high it will go but theoretically it can reach 100k.
The DTCC is insured for 67 trillion but you're saying 5 trillion isn't possible because there isn't enough money...the government will be required to print that money if it isn't available from the hedge funds.

Your argument would be better if you said it wasn't possible because enough people won't hold their shares to that amount or if you said the government intervenes somehow. But "not enough money" is not a good enough argument to say its impossible.
 

MeachTheMonster

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Watched the CEO interview. He said the shares they sold basically came out of his own pocket and they have no more to sell. No more dilution at all. He also made the point that 11 million shares during a day with 500 million trading won’t make much of an effect on the price. The price action we saw today was Fud fueled paper hands and a natural pull back of people that may have gotten in yesterday and wanted to make a quick buck. They had the perfect timing with the news and coordinated attacks to get people to sell. But as I said earlier hopefully that was just a transfer of stock from paper hands to diamond hands who will hold/buy through the dips.


AMC now has 2 billion cash and debt doesn’t have to be paid back till 2025 and beyond. Acquisitions and mergers are actively being discussed and big movie after big movie coming out. So their outlook as a company is actually really good right now.

I know this isn’t really a fundamental investment but the healthier they are as a company the better off we are.

Couple speculative reports out that some options action is very bullish for tomorrow and Monday, saying 100 by close is very possible.

Stay positive and see y’all tomorrow:cheers:
 
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