The AMC Stock Discussion Thread

Concerned Citizen

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The hedge fund fukkery has gotten old but at least we found out today that we have some good support built up at 52.30 since we had a double bottom there and didn’t crash through.

This whole situation is really such a mindfukk though. The hedge fund strategy just doesn’t make sense. It’s the definition of trying to dig your way out of a hole. Nobody is selling and their shorting is just making more buying opportunities and ensuring they’ll have to pay more people with fake shares more money when they cover. And these dips and mind games are in reality just training the people that they want to sell on how to remain calm during volatility thereby decreasing the likelihood that they will sell due to panic and increasing the likelihood of rage-holding :mindblown:

This is pure insanity. Citadel is the Final Boss and has crazy resources but I can’t understand why any of the smaller hedge funds with short positions haven’t closed their positions to save their own necks.
 

NinoBrown

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The hedge fund fukkery has gotten old but at least we found out today that we have some good support built up at 52.30 since we had a double bottom there and didn’t crash through.

This whole situation is really such a mindfukk though. The hedge fund strategy just doesn’t make sense. It’s the definition of trying to dig your way out of a hole. Nobody is selling and their shorting is just making more buying opportunities and ensuring they’ll have to pay more people with fake shares more money when they cover. And these dips and mind games are in reality just training the people that they want to sell on how to remain calm during volatility thereby decreasing the likelihood that they will sell due to panic and increasing the likelihood of rage-holding :mindblown:

This is pure insanity. Citadel is the Final Boss and has crazy resources but I can’t understand why any of the smaller hedge funds with short positions haven’t closed their positions to save their own necks.

Hubris, they never anticipated their fraud being discovered, the government making tighter liquidity guidelines, a public rebellion via WSB, and AMC rebounding for profit to boot.

They are on death row waiting for the Governor to save them...
 

CJ

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The hedge fund fukkery has gotten old but at least we found out today that we have some good support built up at 52.30 since we had a double bottom there and didn’t crash through.

This whole situation is really such a mindfukk though. The hedge fund strategy just doesn’t make sense. It’s the definition of trying to dig your way out of a hole. Nobody is selling and their shorting is just making more buying opportunities and ensuring they’ll have to pay more people with fake shares more money when they cover. And these dips and mind games are in reality just training the people that they want to sell on how to remain calm during volatility thereby decreasing the likelihood that they will sell due to panic and increasing the likelihood of rage-holding :mindblown:

This is pure insanity. Citadel is the Final Boss and has crazy resources but I can’t understand why any of the smaller hedge funds with short positions haven’t closed their positions to save their own necks.
Been wondering same. It really is crazy to see. Is it really about pride for them at this point? And/or think they are going to shake enough weak hands to come out of this?

Just cant understand myself why more shares haven't been closed out. People are clearly gaining more patience to hold and even buy more, as they see the ebbs and flows to all this
 

MeachTheMonster

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Been wondering same. It really is crazy to see. Is it really about pride for them at this point? And/or think they are going to shake enough weak hands to come out of this?

Just cant understand myself why more shares haven't been closed out. People are clearly gaining more patience to hold and even buy more, as they see the ebbs and flows to all this
There some pride involved, but at this point they are fighting for their lives.

imagine your whole portfolio was under like 80%.

at that point there’s nothing left to do but keep averaging down and hoping the shyt comes back. That’s where they are at right now. Spending millions daily is nothing compared to going out of business period. Especially when you know fed bailouts are probably coming.
 

Thavoiceofthevoiceless

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There some pride involved, but at this point they are fighting for their lives.

imagine your whole portfolio was under like 80%.

at that point there’s nothing left to do but keep averaging down and hoping the shyt comes back. That’s where they are at right now. Spending millions daily is nothing compared to going out of business period. Especially when you know fed bailouts are probably coming.

They are definitely coming. It's just a matter of when and how Congress can do it without pissing off the masses.
 
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Been wondering same. It really is crazy to see. Is it really about pride for them at this point? And/or think they are going to shake enough weak hands to come out of this?

Just cant understand myself why more shares haven't been closed out. People are clearly gaining more patience to hold and even buy more, as they see the ebbs and flows to all this

It's like the old proverb that Shaka Zulu spoke about in the movie.

Shaka-Zulu2.png


Someone wants to trap a monkey? How do you do it? Grab a gourd with a long neck and put something shiny in the bottom. The monkey reaches down and grabs the shiny object......it tries to pull the object out but it can't.

The monkey can be free if it let's go of the object but it's greed won't let it. It's essentially trapped.

The hedge funds are the monkey and the shiny object is money.

We are the gourd. They want to take the object from us but they can't.

Hedge funds are just waiting for something but every second they wait, the riskier it gets for them.
 

hu3ypdadon

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Did anybody else get a email from AMC about the annual meeting vote? If so what’s your opinion and how are you voting?
 

MeachTheMonster

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What do you think the likelihood of a business-saving bail-out is going to be? It seems like all of the rules being implemented since Jan/Feb point to funds going under Lehman style.
They’ve been bailing them out daily with short term loans already.

Hell the only reason they were able to short so hard and still make it this far is fed intervention.

We’ve seen it time and time again “too big to fail”

Feds will always look out for big money.

IMO the new rules are to stop them from doing this dumb shyt in the future.
 

MeachTheMonster

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Did anybody else get a email from AMC about the annual meeting vote? If so what’s your opinion and how are you voting?
I’m voting yes on the shares.

For one I think “the squeeze” will be over well before 2022

two the amount of shares they are asking for isn’t excessive. They’ve sold more than that during our run up and the price still went up.


3rd good news for the business of AMC is good news for us in the short term.

Keep in mind our current level is just organic price action. No squeeze yet. With some good news, We potentially could make it to $80 or $100 without the squeeze.
 

pickles

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There some pride involved, but at this point they are fighting for their lives.

imagine your whole portfolio was under like 80%.

at that point there’s nothing left to do but keep averaging down and hoping the shyt comes back. That’s where they are at right now. Spending millions daily is nothing compared to going out of business period. Especially when you know fed bailouts are probably coming.


How can they do this?? Especially with everything going on in this country!!

This is a serious question. lol.
 

MeachTheMonster

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How can they do this?? Especially with everything going on in this country!!

This is a serious question. lol.
They don’t give a fukk breh.

In 2008 they got bailed out and literally poured champagne on the heads of protesting Americans that had lost their entire retirements and investments due to their fukkery.

even now with the Rona recovery the 1% wealth has increased during the pandemic while the rest of us struggle.
 
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