Kurt off them percs
With Booker T wife
Considering where this is headed, why wouldn’t he?
Remember GME
The AMC Stock Discussion Thread
- Thread starter I Really Mean It
- Start date
Remember GME
Set all your stocks to sell at $400 then.
I Really Mean It
Veteran
Even if there were a repeat of the GME fiasco, of which I’m doubtful, investors have learned from that experience and are more hardened. If they halt trading of GME or AMC, all you have to do is hold.
Are we talking in what could, should, or would happen? (Unlikely, possibly, most likely)
In 2008, Volkswagen short squeezed to $1200 per share. Porsche, who merged with Volkswagen, negotiated a deal to stop the squeeze or it wouldn't have ended. The short interest in volkswagen was 12.5%, the short interest in amc is 19%. Naked shorting is much more rampant in amc and the actual short interest could be in the 100's of percent. Retail didn't own nearly as much of the float of volkswagen and apes didn't exist.Do you really think you're going to get 100gs with only 25 shares?
If you don't think 25 shares could be worth over 100gs then you haven't researched this play.
Kurt off them percs
With Booker T wife
that was 2008, there were no brokerage apps, it's literally millions of new trades since then. Not to mention these apps ain't coughing up that much dough
Martin Shrkeli did a 10,000% short squeeze in 2015. Apes are organized and didn't sell when gme dropped from 480 to 38. And gme never short squeezed, even at 480. Just say you haven't done research on this play.you also have to account for the fact that porsche wasn't trying to bankrupt the hedge funds and be blamed for a possible market crash. the hedge funds and banks work with fortune 500 companies for financing/funding, thats a relationship they can't afford to be blackballed from if they got too greedy. retail investors don't have that handicap, people are looking forward to bankrupting these hedge funds.
Thomas Peterffy(CEO of Interactive Brokers) "I was so scared, I can't tell you how scared I was. I was scared of a domino bankruptcy"
When the shorts cannot deliver the shares, the broker representing the longs, must, by the rules of the system, go into the market and buy the shares at any price, pushing the price into the thousands." -Interactive Brokers chairman Thomas Peterffy
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Leavingtheecstasy
All Star
They shook af
Leavingtheecstasy
All Star
?? Yes. He will. It only has to go to 4000 per share for him to get 100k
When the squeeze happens it will undoubtedly pass that
Leavingtheecstasy
All Star
Buy and hold. It is the only strategy that works
