The AMC Stock Discussion Thread

MeachTheMonster

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Can you elaborate? Not in a condescending way, just trying to learn what I need to be looking at
The lows are increasing, meaning we are gaining a larger base of investors who are holding at higher levels. This is very important as we move up because without making these stops a big move up would be unsustainable and lead to a big crash like GameStop and AMC to a lesser extent the first time around.

The chart is forming what traders call a bull flag
9eh2ybfegm771.jpg


Meaning as it continues to compress and add investors eventually it will break out hard to the upside.

On top of that, as we’ve essentially moved sideways for two weeks short interest and utilization has risen to higher levels than they were at the start of the last big jump



Also there’s reports that banks are directly calling shareholders and requesting permission to loan out shares. Meaning short sellers are running out of amo.


The price is insignificant at this point. We know we have a base at around $52. Wouldn’t matter if we closed at $62 yesterday, we would still be waiting for the squeeze, and all the info we have about a squeeze is trending in our favor.
 

DatBoiHawk

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The lows are increasing, meaning we are gaining a larger base of investors who are holding at higher levels. This is very important as we move up because without making these stops a big move up would be unsustainable and lead to a big crash like GameStop and AMC to a lesser extent the first time around.

The chart is forming what traders call a bull flag
9eh2ybfegm771.jpg


Meaning as it continues to compress and add investors eventually it will break out hard to the upside.

On top of that, as we’ve essentially moved sideways for two weeks short interest and utilization has risen to higher levels than they were at the start of the last big jump



Also there’s reports that banks are directly calling shareholders and requesting permission to loan out shares. Meaning short sellers are running out of amo.


The price is insignificant at this point. We know we have a base at around $52. Wouldn’t matter if we closed at $62 yesterday, we would still be waiting for the squeeze, and all the info we have about a squeeze is trending in our favor.

Was it confirmed that the story about them calling for shares is true?
 

Creepn

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No, this isn’t true. Only a few short shares were covered and fomo only goes so far.
You say that because you like him. People make mistakes. He killed the momentum. It really felt like he was helping hedge funds when he did that and turned a lot of people off thus stifling FOMO.
 

TripleAgent

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How close y’all think the squeeze is? I shares on cashapp but not sure I can trust them to pay up, at this level of money. Also can only withdraw 25k/day.

Other issue is money isn’t FDIC insured. Also if most money is only insured up to 250k in most banks, how would y’all protect y’all money?

I ask because I wanna transfer the shares, but don’t wanna miss anything and be stuck.
First, that's a wonderful problem to have.

Secondly, you can open multiple accounts if you're that worried about the insurance. No bank will day no, or you can use more than one. You could incorporate a few "businesses", trusts, you have all sorts of options.
 

klutch2381

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I s as int selling but I do t believe this any more. I ain’t selling, at this point I’m looking at this as a L(I have made profits already tho) and if it squeezes it’s just extra on top.

just tired of hearing how soon it is and each week “we need to hit such and such” and we hit and nothing happens lol

This is one of the things that has people so angsty and why the community in general is becoming less optimistic. A lot of folks thought this would be a quick road to riches, but it’s proving itself to be a war of attrition and parties keep giving these soft deadlines — and then nothing happens. This is a long game. Hedge Funds are not going to give up easily. Their one hope is that we get tired and give up our positions. It’s why they continue to short the stock. They are of the belief that they can out wait us out if this takes about 2 months or 3 months, or whatever we’ll just give up. The biggest weapon we have is patience. Buy and HOLD!
 
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MeachTheMonster

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Was it confirmed that the story about them calling for shares is true?
From what I gather. That guy is a respected business owner and CEO that wouldn’t be the type of person to make up some BS.

There’s also people claiming they called to confirm


As with everything on the internet it could all be total BS. But from what I can gather i think it’s real
 

Creepn

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How close y’all think the squeeze is? I shares on cashapp but not sure I can trust them to pay up, at this level of money. Also can only withdraw 25k/day.

Other issue is money isn’t FDIC insured. Also if most money is only insured up to 250k in most banks, how would y’all protect y’all money?

I ask because I wanna transfer the shares, but don’t wanna miss anything and be stuck.
I don't think that is correct. :patrice: I think it's way way lower than that. Can you show me? I have a lot of shares on Cash App too and don't see the $25k/day claim.
 

MeachTheMonster

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You say that because you like him. People make mistakes. He killed the momentum. It really felt like he was helping hedge funds when he did that and turned a lot of people off thus stifling FOMO.
No I said it because we have the numbers.

There was 400million in volume that day. He sold 8.5 million. That’s a drop in the bucket that wouldn’t even effect the price much that day.

If you want to say it was the FUD around the share sell, then maybe, but there’s nonstop FUD everyday.

I think we just didn’t hit that critical point where margin calls started to happen. Hedgies were able to kick the can further through their normal shorting tactics and media manipulation. They were hoping the price fell off a cliff like it did last time, but people are smarter than that now. Ultimately they failed cause people are still holding.
 
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The lows are increasing, meaning we are gaining a larger base of investors who are holding at higher levels. This is very important as we move up because without making these stops a big move up would be unsustainable and lead to a big crash like GameStop and AMC to a lesser extent the first time around.

The chart is forming what traders call a bull flag
9eh2ybfegm771.jpg


Meaning as it continues to compress and add investors eventually it will break out hard to the upside.

On top of that, as we’ve essentially moved sideways for two weeks short interest and utilization has risen to higher levels than they were at the start of the last big jump



Also there’s reports that banks are directly calling shareholders and requesting permission to loan out shares. Meaning short sellers are running out of amo.


The price is insignificant at this point. We know we have a base at around $52. Wouldn’t matter if we closed at $62 yesterday, we would still be waiting for the squeeze, and all the info we have about a squeeze is trending in our favor.

This is the most encouraging post I've seen in a minute. Thank you. This is fantastic.
 
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