The AMC Stock Discussion Thread

[RareHunter]

How reputable are these brokerage apps and/or cashapp? I heard on Robinhood that you don't own the stock, just phantom stocks. Is it true? What affect does that have when trying to cash out? How easy would a transfer be to another brokerage?

They are reputable as on Robinhood, Webull, and Fidelity the money is insured up to $250. The issue with RH is they dnt have a proper customer service and operate funny on certain clutch moments. I think with Robinhood not owning applied to crypto. I’m pretty new myself so hopefully more in this thread can chime in.

I plan to transfer my stuff as well. I expect medium difficulty.

 

[Software]

Wouldn't this start a big gamma squeeze tho?

 

[K-Deini]

Hell of a strategy. Hopefully it drops underunderneath $10 so I can average down some more.

 

[FaTaL]

Hell of a strategy. Hopefully it drops underunderneath $10 so I can average down some more.

No

 

[RareHunter]

I'm over $34000 in profit

How many shares? At what price u bought them?

 

[QuintessentialMan]

Hole Lee shyt.
Got the alert at $22.
Please give me one more dip to $15
No more Bullshyt. Gotta hold this till August, let them blockbusters come out.

 

[Ineedmoney504]

Hell of a strategy. Hopefully it drops underunderneath $10 so I can average down some more.

At what point would y’all sell for profits and just buy back I’m once it drops? 40/50?

 

[RareHunter]

Man, shut the fukk up, already. You have zero credibility.

So in your opinion what’s more realistic when the dust settles? An ATH of maybe $100-300 or the likes of which the world has never seen of 50K-500K?
I’m holding either way.

 

[Batsute]

Wouldn't this start a big gamma squeeze tho?

if we all buy the dip most likely. From what I understand is they are banking on a lot us dumping so they can pick up those shares.

a financial breh can correct me if I’m wrong.

 

[Software]

At what point would y’all sell for profits and just buy back I’m once it drops? 40/50?

You don't sell and buy back in. It's not that type of stock...
The whole reason nthe price can even get to 1000 is because of massive amounts of people holding

 

[I Really Mean It]

So in your opinion what’s more realistic when the dust settles? An ATH of maybe $100-300 or the likes of which the world has never seen of 50K-500K?
I’m holding either way.

I go by the math and fundamentals, which point to a price that can theoretically go as high as investors please, provided they hold. I think, bare minimum, it will reach $10,000, but I also believe $100,000 can happen.

 

[Master Teacher]

If GME got 450 or whatever it was, AMC will get too at least 850 when it squeezes

keep in mind, Gamestop got up to like 70 and dropped down to 20-30 again before it shot up to over 100

 

[Master Teacher]

@Kenny West @I Really Mean It @humminbird @Master Teacher @pawdalaw
@FaTaL
Notice how all the people that was talking shyt earlier in this thread are nowhere to be found
Coli crabs talkin shyt instead of throwing in for a few shares and doing their due diligence.

they just haters, too much info on youtube for them to think this shyt wasn't happening, they just don't like money

muthafukkaz was trying to help them out

 

[MeachTheMonster]

I’m sure y’all seen the big Jim Cramer rant yesterday calling AMC/GME short sellers stupid.

The big takeaway for me was this quote.

I've never seen anything like this: a group of buyers with no sensitivity to price,

He told on himself and the hedge funds.

They expect retail to be emotional and affected by price action. That’s literally how they make money. The idea that retail would coordinate, do some research and stand strong is foreign to them.

So while they preach fundamentals and have you looking at balance sheets and business plans, their whole game is just to watch/influence what you do and make money off it.

I really hope this whole fiasco opens some eyes in the retail investing community whether they are in on the squeeze or not.

Im obviously excited about what this play may bring me, but I’m honestly more excited about how I’m gonna approach investing/trading for the rest of my life. Feel like I’ve seen the light for how I’m gonna change my life going forward

 

[FaTaL]

I’m sure y’all seen the big Jim Cramer rant yesterday calling AMC/GME short sellers stupid.

The big takeaway for me was this quote.


He told on himself and the hedge funds.

They expect retail to be emotional and affected by price action. That’s literally how they make money. The idea that retail would coordinate, do some research and stand strong is foreign to them.

So while they preach fundamentals and have you looking at balance sheets and business plans, their whole game is just to watch/influence what you do and make money off it.

I really hope this whole fiasco opens some eyes in the retail investing community whether they are in on the squeeze or not.

Im obviously excited about what this play may bring me, but I’m honestly more excited about how I’m gonna approach investing/trading for the rest of my life. Feel like I’ve seen the light for how I’m gonna change my life going forward

My biggest question is what’s next after amc/gme? There has to be stocks just as shorted by the hedges. I don’t think this ever ends unless Biden changes the rules.

I’ve learned so much since late Jan, my only regret in life is that I never bothered investing until now