The AMC Stock Discussion Thread
- Thread starter I Really Mean It
- Start date
To keep things in perspective.
A lot of the people you hear screaming "HODL" (Hold) have been in from the beginning, either before January or in January when share prices were below $8 per share.
Many of those individuals including myself have already taken out their initial investment in addition to profits, especially if they have hit a lick on option plays in the money.
Yes, these people are going to tell you to "hold" because what they have in right now are only "profits" so no matter where this thing could theoretically go they are not "tied" to the money because they have already taken their initial investment and some profits.
If you just jumped into this in the past month, or couple of weeks you need to be realistic about what your exit strategy is going to be.
At the end of the day I've taken my initial investment out in addition to profits twice over. The money I have in right now is nothing but profits so I'm not emotionally tied to where this thing could go.
Yes, I want it to hit $100K - $500K per share but let's be real; 4.1 million investors, and each has their own exit strategy.
Secondly, people are going to LOOK OUT FOR THEMSELVES FIRST!
So the belief that everyone his going to be holding hands singing cum bi yah together is shortsighted and foolish.
I'm in multiple AMC discords, boards, forums, etc. and you have people using their mortgage payments, car payments, etc. to buy shares and are sweatingat the end of each month waiting for the squeeze to happen
These are the people who are going to bail first when it his $100 - $500 per share because they have too much to lose and are paper hands as a result of their positions (gambling mindset).
I am firm and have no doubt AMC is going to be the MOASS (Mother of all short squeezes) but at the same time I understand human emotion and everyone and all of these new retail investors are not built for the stock market game.
In one of the discords I am in a dude sold his brand new $40K Silverado for $35K to buy in to AMC
These are the people who haven't done their DD (due diligence) and will be the first ones to bail.
If you are smart you will know less than 50% of that 4.1 million are true APES. They have the mindset of the poster on here whose member name is (fukk You Pay Me)
Thank you for explaining this shyt to us new investors.
I was wondering about those people who have hundreds of AMC stock when it was like $4.
When it hits $1000, or even $10,000, I could see some of them pulling out. And causing the stock to drop.
1k at 500 shares is half a milly. Easy to say what you would do when you aint face to face with t
These nikkaz trying become Jeff Bezos off this shyt that's the problem
if you all you had was 2k and that shyt turn to 40, you won,, these nikkaz trying to take 1500 and turn into a million, which they could've did if they brought the shyt 1-3 dollars lmao
This AMC/GME situation is a double opportunity to make money.
First from your original come up once the squeeze happens and you eventually sell.
Then the inevitable market crash that's going to happen (its gonna be a BIG one). Do your research. Find you favorite popular stock. Make a determination on what the floor will be and set a position after the major crash at a low price point.
When the market inevitably recovers, you just came up again.
But remember to set aside enough money from each profit taking for tax purposes. No reason to take risks with that.
First from your original come up once the squeeze happens and you eventually sell.
Then the inevitable market crash that's going to happen (its gonna be a BIG one). Do your research. Find you favorite popular stock. Make a determination on what the floor will be and set a position after the major crash at a low price point.
When the market inevitably recovers, you just came up again.
But remember to set aside enough money from each profit taking for tax purposes. No reason to take risks with that.
It ain't right for @I Really Mean It to pay for any barbeque. If this sets off, I'm definitely helping to pay for that rolly, that another breh suggested.
This duke put me on, shyt.
This duke put me on, shyt.
True, they're so many variables and levels to this shyt. I commend anyone who had the heart to risk even 1k when this shyt was at $9. That woulda got you slightly above 100 shares. Multiply that by the ath that's 7 bands off 1k. shyt I woulda got my initial investment back right then and there. Then we can talk about all that diamond hands shyt.
I got in hella late but I ain't put in anything that'll hurt my feelings. I would feel great for any brehs here that eat good off this. I'm just glad that I finally started paying attention to these threads and have an opportunity to learn some shyt. Thank you all for the valuable info.
he_is_I
Pro
I'm sure the Boiler Room will be up on it. Or you can just make it easy for yourself and watch popular stocks like Apple, Tesla, Amazon, etc. Everything's gonna crash hard, imo.
IsThatBrothaMouzone?
Superstar
The folks saying "$500/share is enough"....are the folks that will dip at $300. It's not going to shoot straight to $500 and there could be major dips.
That's not an inherently "bad" mindset...it just means they're risk averse and generally take a very conservative position with investments.
Remember that the ride to whatever the peak is will have fast climbs and big dips. $500 to $1,000 isn't all that much considering hedge funds have no way out except for everyone to sell. They are counting on people jumping off the boat ASAP to limit the potential damage.
FUD will get strong and there will be a silent campaign of "encouraging" to nudge people off at lower price points: $100, $200, $500 etc.
It comes down to a question of: are you more afraid of holding the bag......or are you more afraid of cashing out low and watching the price soar? Glass half empty vs glass half full.
$1,000 threshold will be where the risk averse jump off. The number of those folks is relatively small for AMC/GME since the fundamentals don't matter. All that matters is how greedy we are.
The big battle is around $10,000/share. That's where the diamond handed will get tested.
That's not an inherently "bad" mindset...it just means they're risk averse and generally take a very conservative position with investments.
Remember that the ride to whatever the peak is will have fast climbs and big dips. $500 to $1,000 isn't all that much considering hedge funds have no way out except for everyone to sell. They are counting on people jumping off the boat ASAP to limit the potential damage.
FUD will get strong and there will be a silent campaign of "encouraging" to nudge people off at lower price points: $100, $200, $500 etc.
It comes down to a question of: are you more afraid of holding the bag......or are you more afraid of cashing out low and watching the price soar? Glass half empty vs glass half full.
$1,000 threshold will be where the risk averse jump off. The number of those folks is relatively small for AMC/GME since the fundamentals don't matter. All that matters is how greedy we are.
The big battle is around $10,000/share. That's where the diamond handed will get tested.
Ezekiel 25:17
Veteran
I need at least 1500. 1000 would be nice, but with 1500 I could pay off this lil debt and have a nice chunk of change leftover.
Software
RIP Future Gohan
That's cuz the coli got a hater culture in the locker roomDamn..just checked the date..This man was not wrong. If i had bought 1000 stocks for 13000 at 13 a pop i would be holding 60.000 now
Go look at the first posts in this thread
nikkas wanted daps more than money
We all have to remember a squeeze and margin calls behave different. Squeezes are harder to predict since it will rise/dip hard. Margin calls pretty much go straight up in comparison.
Don’t forget taxes!
