The AMC Stock Discussion Thread

CoryMack

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As an aside, until very recently it was legal for members of Congress to profit from inside information in the markets. That helps explain how so many of em got fabulously wealthy while in Congress, and why they stay in line the way they do.
2.5 mil after federal taxes my young brother. I'd still have to punch a clock with that.


I've been working since I can remember. I'm 41 years old.


I'm trying to sit all the way down.

if you and your brother have 500 shares then y’all need to be thinking about a realistic level to cash out and a real business to start to flip that money. I understand wanting to retire but I wouldn’t hold out for some unrealistic sum and let what’s attainable pass you by.
 

So-Chi

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goons in the cut tryna talk you out yo necklace
2.5 mil after federal taxes my young brother. I'd still have to punch a clock with that.


I've been working since I can remember. I'm 41 years old.


I'm trying to sit all the way down.
:mjgrin:what clock you punching? If you don't grab some passive income with that and chill. shyt, sitting that will net you 75,000 a year... You can make some serious moves with that.
 
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Robinhood to pay $70 million fine after causing ‘widespread and significant harm’ to customers

https://www.cnbc.com/2021/06/30/rob...=makeit&utm_source=Twitter#Echobox=1625075081

While Robinhood has offered options trading since December 2017, FINRA says it has “failed to exercise due diligence before approving customers to place options trades,” relying on algorithms, rather than people, to approve customers for the risky investing move.

“As a result, Robinhood approved thousands of customers for options trading who either did not satisfy the firm’s eligibility criteria or whose accounts contained red flags indicating that options trading may not have been appropriate for them,” FINRA writes.

The shyt had nothing to do with trade halts, just dumb cacs, who put together a law suit, because they was too stupid to understand, and is cheaper for robin hood to settle than to buy lawyer fees for drawn out case
 

The_Hillsta

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Longer than me. I'm on week #2. :francis:

Just getting into stocks/investing. Been sitting on a trash 401k for years. Been on a crash course the last 2 weeks...

Index Funds
Robinhood
Vanguard
Fidelity
ETF's
NIO
AMC
Calls
Bitcoin
Ethereum
Cornado
Shorts

Slow money, fast money, diamond hands, paper hands....gotdamn...tryna soak it all up....

I'm late as fukk. Been in and outta these stock/boiler room threads from 2014.

How long some of yall been holding these shares:damn::salute:

Is it even worth purchasing some of these blue chip stocks that's already high? Amazon? Etc..Or is it too late, just roll with an index fund basket that got the top 10? For long term?
 

Monsanto

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8k? Lot of nervous money in this thing if 8k has the average person cashing out.

Are folks tryna retire and have their kid's kids straight or get a new Honda Civic?

Just like DD of this stock and surrounding circumstances, people have day to day problems.

Let's say average Joe has 20 shares and miraculously doesn't sell until 8K, that's $160K before taxes.

We're going to see scarcity mindsets versus what we want in abundance.

It's like throwing money in the air and telling people not to take it. Just have to calculate all of your options.
 
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