DJ Paul's Arm
Veteran
Man I don’t get paid until next week. Will ship have sailed by then brehs? I’m trying to cop a house.
The AMC Stock Discussion Thread
- Thread starter I Really Mean It
- Start date
Man I don’t get paid until next week. Will ship have sailed by then brehs? I’m trying to cop a house.
Good question. I'm waiting on a deposit I made to Robinhood to clear before I switch over to Fidelity. Should be completed by Friday. I'm only waiting because the 70 plus what's in there should cover the transfer fee. I don't want any hangups.
Man I don’t get paid until next week. Will ship have sailed by then brehs? I’m trying to cop a house.
I feel that lol. Same boat sort of. I just put $10 into Fidelity today. Want to see how long the transfer takes.
might be a little more expensive but you still can prob buy inMan I don’t get paid until next week. Will ship have sailed by then brehs? I’m trying to cop a house.
I Really Mean It
Veteran
pawdalaw
Superstar
I believe we all should look at this from different angles. $40 will definitely be a big blow to the hedgefunds. But we've been hitting them with these types of blows since the battle of $8.01.
Then The following Monday nothing changes, we're still slowly gaining ground but nothing big. They are allowing us to get these little victories. Because they've done enough maneuvering during the week to remain liquid.
This week $40 is great but pass $60 and they've lost a ton of liquidity. This morning we have all of the reports coming out of them increasing darkpool activity 3x and turning off reporting when we touched $60 yesterday.
That is why our breh said he placed an order yesterday and it took a while for it to settle. I dont think they are afraid of $40 this week. It's a foregone conclusion.
*I dont claim to be an expert (I'm a rookie). I share what I think is useful. And I believe we are definitely left in the dark as to How the hedgies see this situation. All I'm suggesting is we look at this on some 48 laws of power shyt.
Theyre giving us these "little victories which allows them to kick the can. We've got them cornered longterm. Now we just need to do it in a smaller window.
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Even in pre market everytime we approach 60 they smack us down. One of these times we gone break it and go on a good positive run.
IsThatBrothaMouzone?
Superstar
All they're doing is delaying the inevitable.
Not sure what the endgame is for hedges. If the price dips, we buy. If it goes up a little we buy and hold. If it goes up a nice amount we still hold.
The only 100% fact is that they have to buy back all the shares they borrowed for shorting. There's no way around that. Every day those shares aren't bought back.....interest accrues. Whether or not they can afford it....doesn't matter.
It's like having an AMEX Black card with no real "limit." You can spend and spend and spend but the bill will eventually come due. AMEX will not stop you from buying that 4th pair of jeans from Gucci or that 6th pair of Balenciaga's. It'll just get added to your running tab.
Just sit and hold....buy more if you can. It's a war of attrition but only one side is paying interest.
Not sure what the endgame is for hedges. If the price dips, we buy. If it goes up a little we buy and hold. If it goes up a nice amount we still hold.
The only 100% fact is that they have to buy back all the shares they borrowed for shorting. There's no way around that. Every day those shares aren't bought back.....interest accrues. Whether or not they can afford it....doesn't matter.
It's like having an AMEX Black card with no real "limit." You can spend and spend and spend but the bill will eventually come due. AMEX will not stop you from buying that 4th pair of jeans from Gucci or that 6th pair of Balenciaga's. It'll just get added to your running tab.
Just sit and hold....buy more if you can. It's a war of attrition but only one side is paying interest.
pawdalaw
Superstar
Yes they want us to fight for $40 while they are fighting for $60. They're a step ahead of us.
