The AMC Stock Discussion Thread

[Ezekiel 25:17]

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.

$10,000 is no debt + college tuition + house down payment. A man can dream

 

[semicko82]

How did I miss this thread

 

[kaldurahm]

It's basically "name your price" except everyone is on the same team.

The question is: "how high is the average person willing to go before cashing out?"

People say $500k or $750k......it CAN go that high but some folks will get scared and dip at $45k.

If people put aside their natural risk aversion and just hold, it can hit ridiculous numbers. It's just that you have 4 million shareholders and they all have different levels of risk tolerance.

Price movement will matter too. If it shot straight up from $60 to $600,000...it would be easy to hold. The challenge is if it went from $60 to $40,000 and then dipped to $25,000. The jumps will be big but so will the dips.

Bro if it goes to those numbers I legit don't know wtf I'd do. I'm willing to go all the way but don't want to get burned. It really will be free for all at that point, but I hope it reaches 100k at least

 

[Ezekiel 25:17]

Don’t forget taxes!

I know. I'd be around $20,000 after taxes.

 

[The Guru]

That's cuz the coli got a hater culture in the locker room
Go look at the first posts in this thread
nikkas wanted daps more than money

Breh you never know..financial schemes/tips threads online longer than train smoke. Most lead to nothing but this could have been sweet.

 

[Creepn]

I can't lie, kinda disappointed yall trying to get comfortable cashing out way before 6 figures. I was willing to diamond hand it to at least $100k but now yall talking about $1k to $10k bullshyt just to cover some bills.

I thought we was going after life changing money, not bill money.

 

[klutch2381]

I can't lie, kinda disappointed yall trying to get comfortable cashing out way before 6 figures. I was willing to diamond hand it to at least $100k but now yall talking about $1k to $10k bullshyt just to cover some bills.

I thought we was going after life changing money, not bill money.

It was the leader of this AMC movement on here that started it too.

It be you own comrades.

 

[One King Menes]

When this is over we gonna need a thread on these plays for us newcomers to stock.

I second this!

 

[Canon]

1k not gonna move me

5-10 it’s where I start going

 

[Buckeye Fever]

Yeah, the reality of it is, if sombebody bought 200 shares at $8, when this hits even $100+ per share, I can see a lot of ppl takin' that 20k(approx) and be content with coming out ahead, plus we dont know everybody's situation. Some might just wanna know what it feels like to pay cash for a new car. Some might just be thinkin about xmas.

Also, as mentioned in a previous post, some risked rent/mortgage money. Cant expect them to have diamond hands.

 

[Scott Larock]

Damn..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

Yeah I should have jumped in Jan but I kept skipping through COLI stock threads... smh I decided to learn about Stocks about April and

That's why I try to stay away from the time wasting nikka gossip, philanthropist, it's a waste of time and a hustle.

 

[Creepn]

It was the leader of this AMC movement that started it on here too.

It be you own comrades.

Yeah. I guess that's just human nature. People are kumbaya until they get theirs and then its "See ya! Good luck!".

 

[BaileyPark31]

85k and I could pay for school in cash and wipe out all my debt including student loans

 

[Allen Poe]

But remember to set aside enough money from each profit taking for tax purposes. No reason to take risks with that.

Yep. Park your tax liability in a High Yield Savings account until Uncle Sam comes knocking in April. At least you'll make a little bit of money off of his cut. https://www.hmbradley.com/ is paying out 3.0% APY (3.5% if you get their credit card).

 

[Trust Me]

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.

Like hell it aint. This Coli clique is for life. He tried to run. Them be the consequences and repercussions.