AMC at $10,000 a share would give it market cap of $5,017,800,000,000
thats greater than apple and microsoft combined
only 3 countries on the planet have a higher GDP than that..be realistic folks
Not relevant, when i got in AMC had a MC of 1.9b Now we knocking on 30b.
We didnt create this situation, the hedgies did with their greed. See below.
Market cap really doesn’t mean anything when it comes to stocks. AMC’s market cap was overvalued when shares were $15 but look now
A stock is worth what the open market says it is
Very valid. It's how big pharma does life saving medication. They pick the price because they know people have to buy. Until recently their received little attention. Monthly supply of insulin was/is a mortgage payment. We all remember Martin Skrelli or whatever tthe fukk who gouged just cause he could. Well now it's our turn.
10,000 a share is so retarded lmao. If it's 200 it would probably cripple the economy. 10k means we're in hyperinflation and dying lmao.
Tell us how it works then.
Short Squeezes happens "all the time".
But it's a few different factors that's going to make this one epic, but per my understanding I will list the big 2...
1. With AMC retail holds most of the shares.
2. Theres an consorted effort by investors to hold shares as long as possible to eventually be able to "name their price" when the squeeze comes.
Someone with more knowledge of the situation can correct me if I'm wrong, or slightly off.
And #2 is the reason why were seeing these crazy numbers being thrown around. Cuz when the HF are more, or less FORCED to buy these shares back, investors could theoretically set their price at $100K+
Now, dont get me wrong. I'm not saying I'm trying to hold to a 6 fig per share price, but I will be holding on to some shares at the end to see just how high this thing can go.
Hedgefunds created this situation.
The parallels between amc/gme:
Retail owns the float.
Both have a very significant # of Failure to delivers from hedgies.
Both have an estimated 2-5b naked/synthetic shares in existence In addition to legit shares. So let's take AMC for example 2.5 billion shares need to be bought back. Every single one. Paper hands will leave money on the table.
Those who can ride the rollercoaster of the price rising and dropping 10s of thousands per day will get max reward. From the tone of this thread, most of us are not ready (myself included). We're not use to making 100k/1mill $ decisions when it's free cash for our disposal. The tone of this thread has been conservative in expectation.
The squeeze example the breh posted that happend in 2008. The price went from $200 to 24k in a day. And now we just learning about it through research.
This is the richest country on earth. They print $ for the hell of it. 2 days alonelast week they loaned out $1trill interest free. Today they did 600b. Our military budget spends 2.5b an hour.
This will crash the market but not break our country. The money stays here unless 4.1 million of yall become passport gang and bounce.
Do some digging, watch interviews with actual market participants. I've heard them use the words unimaginable, infinite, gargantuan in describing the prices AMC alone can climb to.
Retail investors have largely taken this personal. A common theme is 2008, everyone losing houses and jobs when the market imploded. Occupy wallstreet and the marches. Hedgefund members on the balconies laughing, drinking wine, taking pictures while people marched in the streets below.
Both CEO'S want the squeeze to happen for its shareholders to punish hedgies for trying to drive their company to bankruptcy.
Be safe, stay humble and grounded. Educate yourselves pre and post squeeze, Watch youtube vids on capital gains taxes. Do good deeds.