Boom to the moonYou really think AMC gonna blow up?
Boom to the moonYou really think AMC gonna blow up?
Short squeezes, being rare and extraordinary market phenomena, don’t care about “money in circulation.” Insurance will cover that. I think it’s fair to say that the government has been positioning itself to capitalize off these short squeezes, fully aware of the significant tax revenue it stands to reap. The signs that these hedge funds are being left out to dry are becoming more obvious by the day.There simply isn’t enough money in circulation to cover a $100k stock of GMES size. I’m still rooting for it even though I can’t fkn stand GameStop in real life.
Not true stop posting this FUD talking pointThere simply isn’t enough money in circulation to cover a $100k stock of GMES size. I’m still rooting for it even though I can’t fkn stand GameStop in real life.
There’s a video IN THIS THREAD that breaks down how both stocks can’t hit that amount because there isn’t enough money in the world to cover it. Not my talking point, it’s very simple math explained on the vid in this thread, some 50 pages backNot true stop posting this FUD talking point
It's going be a 10-20 trillion dollar issue. There's plenty of money for that especially since half that going go to the government anyways via capital gainsThere simply isn’t enough money in circulation to cover a $100k stock of GMES size. I’m still rooting for it even though I can’t fkn stand GameStop in real life.
You really think AMC gonna blow up?
I'm sorry, these two companies can't be equated. 5 million wont even be a dilution, I was trying to be fair. These are a portion of the shares they bought in 2019 during the early turnaround phase.
GameStop Buys Back a Crazy Amount of Stock | The Motley Fool
Including the 5 mil this would be 8 mil lf these 20.
I dont think you're grasping just how much more 250mil+ shares is than 5 million. The "only" 45 million shares AA promised issue is the size of the GME free float. Even if HF shorted every AMC share in January, the company issued double a month later and gave themselves bonuses.
These companies are not the same.
Short squeezes, being rare and extraordinary market phenomena, don’t care about “money in circulation.” Insurance will cover that. I think it’s fair to say that the government has been positioning itself to capitalize off these short squeezes, fully aware of the significant tax revenue it stands to reap. The signs that these hedge funds are being left out to dry are becoming more obvious by the day.
This recent media attention on the duplicitous acts of hedge funds engaged in the shorting of stocks is not a coincidence.
I feel you, I saw the memes on WSB in December and couldn't imagine someone YOLOing their life savings on GME. Yet here I am. When I saw videos of Mr Beast buying out entire stores in & other apes buying stuff to pump the company's financials too in February I knew something was happening here.i hate the gamestop company so much that i refuse to touch the stock
I can't choose brehs buy more GME or AMC?
They'd give you $3 for a pristine game that was brand new 3 months agoi hate the gamestop company so much that i refuse to touch the stock
Absolutely. Hedge Funds have been battering it with relentless ladder attacks, and they’ve only managed to push it just below $50. Last week, the stock was at $35 after hitting $70. The CEO just released a preview of the share count, showing that retail owns at least 80% of a 410 million float.
I’m not saying that it will squeeze tomorrow, but I can safely say this stock is headed for the moon.
It’s not really about the company anymorei hate the gamestop company so much that i refuse to touch the stock
There simply isn’t enough money in circulation to cover a $100k stock of GMES size. I’m still rooting for it even though I can’t fkn stand GameStop in real life.