The AMC Stock Discussion Thread

[Payday23]

 

[Payday23]

Just a reminder brehs, that they are serious about holding. Look at those upvotes.

Spoiler: Hedge Funds Killed My Dad

The image under the imgur pics has me

As for the story RIP! Fukk the HFs, the SEC and the entire system!

 

[Champ_KW]

How long will it take to transfer my lil 20 shares to TD

Took me about 3-4 days to transfer my shares over from RH to TD. However, they sold all my fractional shares and the money has been sitting over on RH for 2 weeks now.

 

[Music Fiend]

Everyone on Reddit is telling the new investors to get the fukk off RH.

New or all?

I been in for a few months. Wondering if I should switch

 

[Trust Me]

My brothers, please. Let's keep the positivity and solidarity going strong in this thread.


Touching 61 right after opening had me so excited I called off work today...so the rest of today has been a bit deflating. I keep coming back to this thread for the positive vibe amongst my black brothers.


We not always gonna agree but let's support each other through this journey.

They can come at me with the negativity if they want...

They'll just have to get your boy that Candy Apple Red Bugatti to make it up to me

Spoiler

And they BETTER not act like they aint got the money, after we land on the moon

 

[Neo. The Only. The One.]

Breh said he called off work cause of AMC

 

[Payday23]

yes

its free for us to hold while we lay on our beds, staring at our phones. It’s costing them millions a day the further the hedges prolong this. When the price dips, buy as much as you can afford.

Just plan your exit strategy when this does pop off but I’m not selling until six figs per share. Nothing less.

The funny thing is the longer we hold the better chance we get closer to lower capital gains tax! Been holding 4 months what's another 8 to save 22%? I got time.

 

[DJ Paul's Arm]

Serious question.

What are the chances of this hitting $500k+ per share all these folks on Reddit and other forums are hyping up?

 

[⠀⠀⠀]

Breh said he called off work cause of AMC

breh

 

[Payday23]

Is WeBull shady like Robinhood?

They have the same clearing House as Robinhood Apex. Have some shares in Webull. Most in fidelity

GameStop Trading Restrictions Blamed on Wall Street's Clearing Firm by Online Broker

 

[Payday23]

i only have 5 shares in RH. should i move them or just start buying through fidelity?

I'd do both or start buying through fidelity. Be careful though. Not understanding how fidelity operates you can fukk your $ up fast.

 

[DJ Paul's Arm]

Nice little article about an exit strategy when this pops off.

Try your best to be #3 coli brehs

An Excellent AMC Exit Strategy Guide: Short Squeeze

 

[IsThatBrothaMouzone?]

Serious question.

What are the chances of this hitting $500k+ per share all these folks on Reddit and other forums are hyping up?

Theoretically, it could hit $1 million/share.

The end-game price all comes down to this: how long are the bulk of retail shareholders willing to wait when the squeeze happens....when the margin calls start.

Right now it's easy because the price is low and we can still buy up shares whenever we want. The weak, short-term thinkers will cash out at $500 to $1,000/share.....but that kind of person is unlikely to want to wait for AMC/GME this long anyway.

Life-changing money doesn't really happen for the "average" investor until about $xx,xxx/share. Average retail shareholder for AMC has about 120 shares. Since this includes whales with a lot of stock.....my guess is that the median is quite a bit lower.

$xxx,xxx/share is where everyone has life changing money even if they're holding just a few shares. Most people want high xx,xxx or anything in the xxx,xxx range per share.

I don't think we see people making tough decisions until we get in the higher xx,xxx territory.

 

[Payday23]

AMC had a trade halt early this month, any time a stock raises 10 percent in a short span of time there's a halt

When GME was halted trading resumed in the afternoon the same day, that's the problem with reddit anybody can post anything, and just because one person who knows what their talking about says something, doesn't mean everything on reddit is true, and that's how misinfo gets put out thee

when dogecoin was froze on robinhood, it was because the system was over loaded, because everybody was being a band wagoner hopping when at the same time when they say it was going up, I mean this happened on coinbase, and that's a real crypto platform and robinhood isn't

people over react to everything, robinhood didn't steal anybody shares, you shares can't be stolen, they are insured first of all, that's the difference between stocks and crypto, Robinhood never stopped anybody from selling their shares

I wasn't on robinhood or even trade to buy GME during so called halt, so I don't know how it was, but from what I read, he seems like people took a narrative and ran with it

He's talking about when Robinhood and Co prevented people from buying. Like this:

Robinhood blocks new purchases of GameStop stock

If they tie one hand behind your back while the other person gets to use both you're going to lose in a fight

 

[Payday23]

None of this true man, and even it was, they can't sell your stock for you, only if you are using margin and are over the maintenance requirements, you either deposit more money or you get margin called and they gotta sell some more shares

people trying to use borrowed money to get rich, they wanted to make sure they had enough money to actually pay for the shyt
because all they can be wiped out in an instant once people start cashing out and selling
that's why your always suppose to use your own money, margin and options, all that shyt is some bullshyt, they can stop it at anytime, and you are basically gambling anyway

Robinhood and Citadel’s relationship comes into focus as Washington vows to examine stock-market moves

The Silicon Valley-based trading platform makes a large amount of revenue from Citadel Securities, a Chicago-based financial-services giant. Robinhood’s regulatory filings show the company charges large investment firms called “market makers” fees to access real-time information about which stocks its users are buying and selling, a practice some regulators and industry watchers have seen as a potential conflict of interest.

Robinhood routes more than half of its customer orders to Citadel, by far its largest market-making partner by volume, Robinhood disclosures show. The app also works with Virtu, G1 Execution Services, Wolverine and Two Sigma.