The AMC Stock Discussion Thread

[I Really Mean It]

Cacs....

Imagine having some gay shyt like this tatted on your body.

 

[GunRanger]

why you think this has dragged on so long? Honest answer.

I dont know. Best guess is big hedgies have ways of delaying margin calls, and the brokers they deal with dont want to fukk them quickly and lose their business in the future. Either way, the price would get higher but people expecting 10k a share are delusional

 

[Leavingtheecstasy]

I dont know. Best guess is big hedgies have ways of delaying margin calls, and the brokers they deal with dont want to fukk them quickly and lose their business in the future. Either way, the price would get higher but people expecting 10k a share are delusional

Explain why they're delusional. I've heard that alot and I'm not against dissenting opinions. But I'd like to know why you think it's absolutely out of the realm of possibility.

If we own the float. And AMC has been naked shorted since January. Don't you think that short interest has got to be monumentally high. I mean gme was 140% shorted in January.

They have to buy back every single share of gme. Noone can force you to sell. So how would that not make the price keep increasing. When you don't cover your shorts, your potential loss is infinite. This is that exact scenario is it not? They just keep throwing gas on the fire. But I need to hear something other than "they're delusional" why do you believe this?

 

[pawdalaw]

I dont know. Best guess is big hedgies have ways of delaying margin calls, and the brokers they deal with dont want to fukk them quickly and lose their business in the future. Either way, the price would get higher but people expecting 10k a share are delusional

I wonder if less than 10k would be easy to pay, It might hurt the hedgies bottom line, but they could certainly live to fight another day. They've had ample opportunities to cover and still save face.

 

[pawdalaw]

Yall oh shyt. What the fukk is happening

Expect other banks to follow suit. They announce earnings on the 14th. WATTBA!

 

[CJ]

Yall oh shyt. What the fukk is happening

crazy, just saw the article

Wells Fargo to close all personal lines of credit - CNBC

(Reuters) - Wells Fargo & Co is shutting down all existing personal lines of credit and is not offering the consumer lending product anymore, CNBC reported on Thursday, citing letters from the bank.

The product, which usually gave users $3,000 to $100,000 in revolving credit lines, was pitched as a way to consolidate higher-interest credit-card debt, pay for home renovations or avoid overdraft fees on linked checking accounts, the report cnb.cx/3hm2yaB said.


Customers have been given a 60-day notice that their accounts will be shuttered, according to the report.

Wells Fargo did not immediately respond to a Reuters request for comment.


The move comes more than a year after the bank suspended home equity loans, given the economic uncertainty fueled by the COVID-19 pandemic.

The fallout from the pandemic also prompted the bank to stop providing loans to a majority of its independent auto dealer customers last year.

 

[MeachTheMonster]

shyt bout get real spooky.

 

[IsThatBrothaMouzone?]

I wonder if less than 10k would be easy to pay, It might hurt the hedgies bottom line, but they could certainly live to fight another day. They've had ample opportunities to cover and still save face.

The hedge funds would struggle at $500 or $1,000. In their mind, they are fukked no matter what so they might as well delay until all resources are exhausted.

Imagine being in the 10th round of a heavyweight championship fight. You've lost rounds 1 - 9 either "10-9" or "10-8" and EVERYONE knows, even your own corner.

For rounds 10 to 12....there's no point in trying to box for the decision. Your only chance is to fight for a KO or stoppage. You've most likely already lost but you've got nothing left at this point. Hedge funds are just swinging now. They're trying to knock us out with wild haymakers.

 

[GunRanger]

Explain why they're delusional. I've heard that alot and I'm not against dissenting opinions. But I'd like to know why you think it's absolutely out of the realm of possibility.

If we own the float. And AMC has been naked shorted since January. Don't you think that short interest has got to be monumentally high. I mean gme was 140% shorted in January.

They have to buy back every single share of gme. Noone can force you to sell. So how would that not make the price keep increasing. When you don't cover your shorts, your potential loss is infinite. This is that exact scenario is it not? They just keep throwing gas on the fire. But I need to hear something other than "they're delusional" why do you believe this?

What is the difference in paying over 10k a share on millions of shares vs just filing bankruptcy and starting over? Why do something that would destroy your fund either way?

 

[DJ Paul's Arm]

I stand by my poker analogy.

We flopped a Royal Flush. The hedge funds are doing their best to bluff and get us to fold with millions in the pot.

We just sitting at the table lookin at them like

 

[TripleAgent]

What is the difference in paying over 10k a share on millions of shares vs just filing bankruptcy and starting over? Why do something that would destroy your fund either way?

That doesn't stop the debt from being owed, as well as possible criminal charges depending on the extent of the naked shorting/manipulation. Either they pay, or the US Stock Market, along with the US Economy, is going to suffer irreparable damage.

 

[Leavingtheecstasy]

What is the difference in paying over 10k a share on millions of shares vs just filing bankruptcy and starting over? Why do something that would destroy your fund either way?

Pretty sure they have to pay that back no matter what if they get margin called until they have no money and then the next entity must take over

This also doesn't include the criminal acts they will get exposed in

 

[Leavingtheecstasy]

Regulatory Notice 21-19 | FINRA.org

Click on this and count what they should change

I would recommend commenting. You need to let them know they have to make short reporting more transparent. Take advantage of this opportunity while it's there and they're willing to lksten

 

[Phillyrider807]

What is the difference in paying over 10k a share on millions of shares vs just filing bankruptcy and starting over? Why do something that would destroy your fund either way?

None of that matters in a margin call. The DTCC is insured for like 30 trillion or something lmao. If the hedgies cant pay directly then they step in.

If you are feeling iffy about the government doing the right thing then I feel that. But if/when a margin call happens the hedgies don't have "choices" The new rules put in place over the past months are in favor of that.

 

[bnew]

What is the difference in paying over 10k a share on millions of shares vs just filing bankruptcy and starting over? Why do something that would destroy your fund either way?

every explanation of short selling references the possibility that a trader can "incur infinite losses", not " incur infinite losses unless you can file for bankruptcy quickly".


this game is for keeps