I Really Mean It
Veteran
Stop promoting other stocks here. Nobody gives a shyt about Torch. There are other threads devoted to the discussion of trading. This thread is specifically about AMC.
The AMC Stock Discussion Thread
- Thread starter I Really Mean It
- Start date
Leavingtheecstasy
All Star
I been on that for sure. Bought more Friday.002 isn’t going to do anything. It’s lip service and a way the people in charge of monitoring the market can feign concern and pretend they’re doing something. The most effective strategy, which has been the one that brought us to this point, is to buy and hold.
But you really think 002 isn't gonna do shyt? Or that it's because it won't be enforced? Idk the chase Bank situation got me looking at shyt different right now
If they sold AMC on Friday, bought TRCH on Friday, sold TRCH today and then bought AMC again, that would have been a shrewd move and they'd have come out with more shares of AMC than they otherwise would have had.
Financially it makes tons of sense...
IsThatBrothaMouzone?
Superstar
This 100%.
People shouldn't be shocked if we see even more downward pressure. Last week was "normal" pressure. Price went up but hedgies were doing their tricks to keep it below $60.
Today was the full court press. Gets the price down further but uses up a lot of $$$. Kinda like running a marathon and you start sprinting to catch up. OK if you're in the last mile but not good if you've got 12 miles left.
I Really Mean It
Veteran
I’m cautiously optimistic, but not holding my breath, knowing that the obvious manipulation of this price should have been addressed well before now. I think we are forcing their hand by continuing to hold, resisting their shorting attacks, which is costing them hundreds of millions every week. At some point - sooner than later, I hope - they’ll no longer be able to afford what they’re doing. At which point, they will be margin called.
IsThatBrothaMouzone?
Superstar
Exactly.
AMC/GME are the threats. Torchlight could be a good investment but you're only hearing about it because the HFs want to keep as many people from jumping on AMC/GME as possible. We will see ALL KINDS of companies get hyped. Some are legit and others are pump and dumps.
It's not so much about whether the stock is a good play.....it's about "why I'm even hearing about a stock I've never heard of until now?"
Software
RIP Future Gohan
Well I mean it's going to do something002 isn’t going to do anything. It’s lip service and a way the people in charge of monitoring the market can feign concern and pretend they’re doing something. IThe current strategy, which has been the one that brought us to this point, is to buy and hold.
But I see what you mean, it won't have a crazy effect on us and our strategy. Just makes it tougher on the opps
We should see good growth this week as far as pricing goesI’m cautiously optimistic, but not holding my breath, knowing that the obvious manipulation of this price should have been addressed well before now. I think we are forcing their hand by continuing to hold, resisting their shorting attacks, which is costing them hundreds of millions every week. At some point - sooner than later, I hope - they’ll no longer be able to afford what they’re doing. At which point, they will be margin called.
I'm just glad we deviated from the triple digit talk last week that was surrounding this rule change. If it does good if it doesn't oh well. We still have time on our hands and the strategy remains the same
Look at clov
Don’t get caught in one of those pump and dumps. Hindsight makes us feel like we could have caught any and every pump around the market, but in reality lots of people get caught and fukked up in those. AMC community has more than proven itself at this point. People really are holding in a way we have not seen in any of the other fukkery stocks.
Don’t get caught in one of those pump and dumps. Hindsight makes us feel like we could have caught any and every pump around the market, but in reality lots of people get caught and fukked up in those. AMC community has more than proven itself at this point. People really are holding in a way we have not seen in any of the other fukkery stocks.
Doge got clapped up real bad
FOMO chasers turn to bag holders.
Difference between Torchlight and AMC, nobody is shorting Torchlight while 4.53 billion dollars worth of shares are being shorted on AMC. Torchlight is nothing but a pump and dump. If you reading this, it’s too late. Just congratulate the people who got to eat off that pump and move forward. It’s probably some dudes on here who got influenced by the CLOV play from the hedge firms and throwing money at it when it was green. They end up losing. People these hedge funds got employees who only goal is to spread FUD on Reddit, Twitter, YouTube, Stocktwits. All they trying to do is get you sell low and buy high so they cover their ass.
Difference between Torchlight and AMC, nobody is shorting Torchlight while 4.53 billion dollars worth of shares are being shorted on AMC. Torchlight is nothing but a pump and dump. If you reading this, it’s too late. Just congratulate the people who got to eat off that pump and move forward. It’s probably some dudes on here who got influenced by the CLOV play from the hedge firms and throwing money at it when it was green. They end up losing. People these hedge funds got employees who only goal is to spread FUD on Reddit, Twitter, YouTube, Stocktwits. All they trying to do is get you sell low and buy high so they cover their ass.
Vinny Lupton
Superstar
Who woulda thunk itDoge got clapped up real bad
I know a lot of people in real life that were promoting it hard. Hope they got outWho woulda thunk it
