The AMC Stock Discussion Thread

pawdalaw

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The remarkable surge in shares of AMC Entertainment Holdings Inc. and a handful of other stocks is showing up in multiple exchange-traded funds, skewing portfolios, altering risk profiles and exerting outsized influence on prices.

Take the $68 billion iShares Russell 2000 ETF (ticker IWM). In the past week through Thursday, AMC powered 70% of the product’s advance. The stock was responsible for less than a 10th of the fund’s return in the previous week

Don't let anyone tell you that this is a small event. Or that a couple hundred bucks is your ceiling. Only hedge funds have an idea of how big this is. And they are in the ultimate stage of denial and desperation. To the poster with 1 share, hold that shyt! Until they pry it from your fingers.
 
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Only On Camera

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Yahoo is now a part of Verizon Media


Don't let anyone tell you that this is a small event. Or that a couple hundred bucks is your ceiling. Only hedge funds have an idea of how big this is. And they are in the ultimate stage of denial and desperation. To the poster with 1 share, hold that shyt! Until they pry it from your fingers.
Yeah people that have like 10 or less shares, y’all have nothing to lose and everything to gain. Unless y’all really need that extra couple hundred profit, you have no reason to panic sell.
 

FaTaL

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Not too late. This thing hit 70s this week before getting beat down a little. Getting it at 40s on Monday would be an opportunity
No guarantee it’s at 40, the foreign markets might push it up before 7am east coast time
 

FaTaL

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Instead of the mclaren, I might just get that new vet and that new G wagon, that way I got two boss whips
iu

iu
How many amc shares u got? Over 1000?
 

Uchiha God

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It also causes the algorithm to lower the price.


:francis:

word? I’m just going to hold. I don’t know when or if this shyt will pop foreal but if it hasn’t by the time I get some more money I’ll cop some more I’ll just hold on to what I have in the meantime. My dump some of my other stock and cop 10 more on Monday
 

bnew

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where are you buying them from? Robinhood? Ameritrade? Those apps? I’m trying to cop a G Wagon to cuz

:feedme:

Yup

Ended up with 117 shares through cash app

My first time investing. Path of least resistance

So I shouldn't be leery of cashapp? Gotten different answers

How long yall see this playing out?

If you already have cashapp or robinhood and no other brokerage account then purchase the shares on those platforms. Open an account with Fidelity and when you're approved transfer your stock over to it. If you choose to wait until a TD ameritrade or fidelity account is approved, the share price could cost you a lot more.
 
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Only On Camera

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Yup

Ended up with 117 shares through cash app

My first time investing. Path of least resistance

So I shouldn't be leery of cashapp? Gotten different answers

How long yall see this playing out?
I think I’ve seen posters say that you can’t withdraw more than $25k day. So when you hit it big, it might take a few days to hold the entire bag :win:
 
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