The AMC Stock Discussion Thread

KingBeez

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Thanks. I appreciate the reply. So how far does this go?
How many shares would u need of either to see any type of $? Or what do you believe the price of a share can top out at realistically?

Also is what they did considered bad or just playing the game?
On its face, high short interest looks bad for a stock. Extremely high short interest shows investors are very pessimistic (potentially overly-pessimistic).

High short interest can be a bullish sign for a stock, because any positive news will force short sellers to buy the stock to cover their short bets. Funds buying the stock = higher share price

so we need amc to continue to rise, but more importantly, maintain its share price/volume
 

Charly Wingate

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pnzxd1ddgf171.jpg


:mjlol:
 

mson

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I have close to 5k sitting on the side. I wanted to get my cost average under $10. Should I put the rest in amc, something else, or wait?
 

bnew

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I have close to 5k sitting on the side. I wanted to get my cost average under $10. Should I put the rest in amc, something else, or wait?

3 GME shares and AMC for the rest.
 

Lamar Givens

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They had the wall at $20 at 350k today.

We have busted it down to 99k!

We’re surpassing $20 tonight or tomorrow.

16% performance

And have doubled volume each day since Monday!
 
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not even going to make it anywhere close to $300-400. that’s absolutely ridiculous.

If you were saying $30-40, that’s probably plausible given the circumstances.

get your money quick and get out
$300-$400 is light work. You skeptics should exercise some due diligence and educate yourselves on the particulars of this specific squeeze before saying stuff like this. You don’t seem to understand just how much of the float is owned by retail and how many shares were borrowed by the hedge funds. The math is very clear in what it bears out.

1. those shares have to be purchased by hedge funds.

2. retail owns the shares and, thus, sets the price.

3. if hedge funds decline to purchase the shares, the borrowed interest will keep rising.

4. the hedge funds eventually cannot afford to delay coverage of those borrowed shares..

5. the hedge funds attempt to cover but lack the money to do so.

6. the hedge funds are margin called.

:francis:
 

pawdalaw

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$300-$400 is light work. You skeptics should exercise some due diligence and educate yourselves on the particulars of this specific squeeze before saying stuff like this. You don’t seem to understand just how much of the float is owned by retail and how many shares were borrowed by the hedge funds. The math is very clear in what it bears out.

1. those shares have to be purchased by hedge funds.

2. retail owns the shares and, thus, sets the price.

3. if hedge funds decline to purchase the shares, the borrowed interest will keep rising.

4. the hedge funds eventually cannot afford to delay coverage of those borrowed shares..

5. the hedge funds attempt to cover but lack the money to do so.

6. the hedge funds are margin called.

:francis:
All the skeptics are uninformed logicians. Just 2 weeks ago they were saying there's no justifiable reason for this to hit $20. But here we are.
 
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