The AMC Stock Discussion Thread

old pig

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I wanna believe this astronomical numbers can be achieved, I want to bruhs :mjcry::mjcry:Life and FUD be fukkin with me, fukk the psychological aspect of this shyt. :sadcam:

buy just a little bit more than you initially planned on…if it hits a tempting number that’s lower than the PT folks have in mind, you can take some out and let the rest ride…kind of allows you to have your cake and eat it too

He made the right decision for himself taking profit. The only takeaway here is when you take profits you don't always have to exit completely from your position. He could've left at least 25% as a moon bag
 

Immortalized Outlaw

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So I was trying to buy more stock but the market is closed, in robinhood it gave me the option to buy 6 more. I had deposit more money to it, will I get it at the price it shows? Sorry I'm new to this.
 

humminbird

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So I was trying to buy more stock but the market is closed, in robinhood it gave me the option to buy 6 more. I had deposit more money to it, will I get it at the price it shows? Sorry I'm new to this.
The market is closed so what it did was save your order to buy at market price
It will go off at 9.30 EST tomorrow but you’ll probably not get it at the price showed because it could change by then.
If you want to get it at the price you can do a limit buy
 

pawdalaw

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I wanna believe this astronomical numbers can be achieved, I want to bruhs :mjcry::mjcry:Life and FUD be fukkin with me, fukk the psychological aspect of this shyt. :sadcam:
I feel you breh. That's why I try to curb my expectation by saying 10k. Some of my shares will definitely be held to the bitter end, all the evidence that has been compiled says that 100k is possible. And that comes from highly intelligent investors with decades of experience. The evidence to support it is overwhelming. The fact that this has never happened before and that what happened with GME wasnt a squeeze is favorable. GME saw almost $500 without a margin call
 
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TripleAgent

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Yeah I know. Short Term Capital Gains Tax adds to your income and may put you in another tax bracket. If you profit $100k you're in the 100k tax bracket. Long term capital gains its strictly based on your income and profits don't add to it.

Atleast that's how I understand it. Most AMC folks will pay 22% + their state tax, if they have a state tax
Trying to keep people from getting themselves jammed up, or giving others the wrong idea.
 

Why-Fi

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Don’t be surprised if they push the price to the $20s. This is a fight to see who will tap out, a game of chicken waiting for one of us to veer out of the way. All we have to do is buy the dips, if you can afford it, and hold. They can’t win.

:francis:
would they not be able to cover some of their mess at that lower price and minimize their losses? seems like they cover some every time it goes low
 

Negus in Detroit

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Don’t be surprised if they push the price to the $20s. This is a fight to see who will tap out, a game of chicken waiting for one of us to veer out of the way. All we have to do is buy the dips, if you can afford it, and hold. They can’t win.

:francis:
I hope they do that I’m throwing $2000 in if they do
 
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would they not be able to cover some of their mess at that lower price and minimize their losses? seems like they cover some every time it goes low
No, because it will raise the price the same way it shot up last week. Plus, there’s hundreds of millions of shares they have to cover. It isn’t free for them to lower the price and cover; it’s costing them hundreds of millions every week. What they’re doing just isn’t sustainable.


:francis:
 
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