The AMC Stock Discussion Thread

bnew

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For what reason? What’s going on?
I started getting into investing cause ppl kept saying it’s foolish to keep money in savings, but all I hear is crypto is done and buy gme/amc. Why?

long story short.. more shares were sold than should legally exist. those fake shares have to be bought back and buyers can set the price because the short-selling hedge funds are legally obligated to buy them back when margin called.
 

bnew

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Ok so what platform should we be using to buy in on this? I have a Robinhood account already but since we off them after the GME fiasco who’s actually gonna stand by the retail investor when this thing starts to get super crazy? Who’s gonna be there to let us sell?

Also how high is this really going to go because I feel like these big money hedgies have to be cooking up a game plan to stop this from bankrupting them all. Billions of dollars on the line plus friends in high places(government places) I’m not sure the powers at be won’t just step in and stop the economy from crashing into the worst case scenario at the expense of the retail investors.

fidelity.
 

MeachTheMonster

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In GME news

just saved themselves for the next 5 years
all they need to do now is make deals with pokemon, konami, etc and sell exclusive cardds and figures :wow:

Really hope they don’t squeeze at the same time. That’s too much fukkery. Hopefully one squeezes then people can move to the other and catch that money too
 
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If this stock is about to skyrocket, why did Wanda sell their all of their shares? lol, something ain't right. Some people got in at like $2-$5 and plan to get out way sooner than those buying now.
It’s been reported that China exerted influence on Wanda to divest on behalf of AMC, which has a lot of theaters that play mainland movies. That doesn’t make much sense, though. My guess is they withdrew from AMC because of the impending crackdown from the SEC on companies who’re shorting through duplicitous means (dark shares, naked shares, etc.).

Ok so what platform should we be using to buy in on this? I have a Robinhood account already but since we off them after the GME fiasco who’s actually gonna stand by the retail investor when this thing starts to get super crazy? Who’s gonna be there to let us sell?

Also how high is this really going to go because I feel like these big money hedgies have to be cooking up a game plan to stop this from bankrupting them all. Billions of dollars on the line plus friends in high places(government places) I’m not sure the powers at be won’t just step in and stop the economy from crashing into the worst case scenario at the expense of the retail investors.
Ameritrade, Fidelity, E Trade, Schwabb
 
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