The AMC Stock Discussion Thread

[NkrumahWasRight Is Wrong]

We not dropping below $40-$50 bruhs.

one of the hardest beats of all time. i also play it when money starts rolling in

 

[I Really Mean It]

Never heard of this. Where is this listed as a regulation, and how does this work with international actors?

I’ll check. I’m guessing, since it’s an American company traded on Nasdaq, the SEC has the authority to do so.

 

[Conan]

All of you guys that's holding this stock in Cashapp, I suggest yall make that phone call to them ASAP.


Yall are asking an very important question imo.

I'm sure that app has its limits.

Think I may move them over to TD as well.

 

[I Really Mean It]

Hedge fund managers complaining on CNBC looking for help from the fed ..they want the fed to change the rules of the game now..I think feds will limit how much profit you can make depending how long you held the stock..wealthy ppl always changing the rules when it benefit the majority..AMC and GME about to change The world

This won’t happen. It would crush faith in the market by the American public, trigger a wholesale retreat by foreign investors, and cause a violent uprising that would make Occupy Wall Street a quaint memory.

Hedge Funds can cry, but no one is coming to save them.

 

[NkrumahWasRight Is Wrong]

This won’t happen. It would crush faith in the market by the American public, trigger a wholesale retreat by foreign investors, and cause a violent uprising that would make Occupy Wall Street a quaint memory.

Hedge Funds can cry, but no one is coming to save them.

u think they care about the american public?

 

[CoryMack]

Not gonna be any violent uprisings over a stock the majority of the American people could care less about.

 

[FaTaL]

Hedge fund managers complaining on CNBC looking for help from the fed ..they want the fed to change the rules of the game now..I think feds will limit how much profit you can make depending how long you held the stock..wealthy ppl always changing the rules when it benefit the majority..AMC and GME about to change The world

The feds secretly want them gone so they can install new rules to prevent this naked short nightmare from happening again. Until they get liquidated they still have clout

 

[IsThatBrothaMouzone?]

u think they care about the american public?

They don't......but they DO care about that tax revenue.

Retail investors are going to pay hella taxes on AMC/GME money. Hedge funds wouldn't have owed a dime if AMC/GME went bankrupt.

Government doesn't really care about Wall St or Main St.....they just want easy money. Usually Wall St. provides the easy money and perks but 3 million+ people paying on all that AMC/GME cash is too good to pass up.

The regulations will come after this.

 

[NatiboyB]

I honestly want to understand why some of you guys think AMC is going to reach Berkshire Hathaway levels

brother you are trying to apply logic to this just stop. This is an extremely unique event. Where if things land even half way as the price will potentially rocket. Now will it go to $100, $500, $1000, $10000 or more possibly. The high dollar amounts are more in line with the people hoping for the best case scenario. I'm trying to stay somewhat towards the higher of the low end and would be happy if it got to $150....When it comes to GME and AMC I just throw any investing logic I've ever learned out.

The one thing I am looking forward to is that as AMC goes up and hedges cover it will drive the value of the other stocks down which will allow us to buy those up. I don't have much in AMC just 155 shares that I got at $12.98 average cost. Some of the brehs have a lot of money invested and have done a ton of diligence on this. And are of course hoping for the best outcome.

 

[I Really Mean It]

I honestly want to understand why some of you guys think AMC is going to reach Berkshire Hathaway levels

It can go as high as retail wants it to, since they own an unprecedented amount of the float and hedge finds have to purchase millions of shares from them or go out of business. The fundamentals, which are why you and others are confused. are not relevant.

This is a short squeeze.

 

[FaTaL]

They don't......but they DO care about that tax revenue.

Retail investors are going to pay hella taxes on AMC/GME money. Hedge funds wouldn't have owed a dime if AMC/GME went bankrupt.

Government doesn't really care about Wall St or Main St.....they just want easy money. Usually Wall St. provides the easy money and perks but 3 million+ people paying on all that AMC/GME cash is too good to pass up.

The regulations will come after this.

that’s why we gotta make this count, probably doesn’t happen again in our lifetimes

 

[Why-Fi]

new floor for the week would be great

 

[Thavoiceofthevoiceless]

Does anyone know how much money can be stored on cashapp from stock? Let’s say it hits 10,15, or 100k per share. Does that money go straight into cash app balance?

There should be a limit tab on the app that will tell you how much you can store and such.

 

[I Really Mean It]

I sold off most of my other positions, ready to pick up some more AMC. Already copped 5 more GME this morning.

AMC should drop to the low 40s (I hope) later this week. I'll buy on the dip

You shouldn’t hope it drops to the low 40s. If it remains on the trajectory its currently on, it will trigger a domino effect that leads to the short squeeze.

 

[GSR]

You shouldn’t hope it drops to the low 40s. If it remains on the trajectory its currently on, it will trigger a domino effect that leads to the short squeeze.

Good point, although I wasn't hoping it would, I just thought it was inevitable. I ended up picking up 85 more shares @ 56.50

I'm 100% all in on AMC & GME now. Yolo