The AMC Stock Discussion Thread

[MeachTheMonster]

AMC removed from the NYSE Threshold Securities List as of yesterday. Anyone care to explain what happened? Does it matter?

Means they got enough shares from somewhere to get off the list.

Could have used more borrowed shares. Could have purchased some from the market Could be some other fukkery.

Doesn’t really matter much. Short interest went up. They still have not covered.

 

[CoryMack]

There’s not 1 person on this board with experience working at a hedge fund that we could ask some questions? Relying on random info from social media is getting played.

 

[Uchiha God]

This is likely an idiotic question, but posts in the recent pages made me think about it. If you're trading via one of the many brokerage apps that allow beginner retails investors to trade, when/if you sell your stock, and say short sellers pick it up to cover what they shorted, the money comes from whoever bought it to the brokerage app who then pass it your way right? I'm assuming after taking whatever fees (if any exist), right?

Like, these brokerage apps and services are just the middle man, no? If so, why wouldn't they be able to make whatever payouts, regardless of amount? I mean, they're not funding/buying the stock from the retail investors themselves are they?

 

[TripleAgent]

because it's not realistic.

They highest it could hit is 400

And you know this how?

 

[Batsute]

STOP REPLYING TO THESE HATIN ASS FUD SPREADERS

Not a single of one of them has come through with any type of DD other than, muh opinion. Not even historical data or using VW as a template. @pawdalaw has even put up bread and none of them has taken him up.

IGNORE THEM AND HODL

 

[IntellectualViolence]

This is likely an idiotic question, but posts in the recent pages made me think about it. If you're trading via one of the many brokerage apps that allow beginner retails investors to trade, when/if you sell your stock, and say short sellers pick it up to cover what they need to short, the money comes from whoever bought it, to the brokerage app who then pass it your way right? I'm assuming after taking whatever fees (if any exist), right?

Like, these brokerage apps and services are just the middle man, no? If so, why wouldn't they be able to make whatever payouts, regardless of amount? I mean, they're not funding/buying the stock from the retail investors themselves are they?

Yes, they are middle men.

 

[IntellectualViolence]

$400 max? uh

Spoiler

 

[Ineedmoney504]

AMC removed from the NYSE Threshold Securities List as of yesterday. Anyone care to explain what happened? Does it matter?

Welp I guess that hopefulness i had in this is gone. SMH. Back to waiting on a year for now maybe

 

[CoryMack]

Means they got enough shares from somewhere to get off the list.

Could have used more borrowed shares. Could have purchased some from the market Could be some other fukkery.

Doesn’t really matter much. Short interest went up. They still have not covered.

where’d they get the shares from though? we keep hearing there aren’t anymore, that we own the float, etc etc, but they magically come up with enough shares to get em off a list they’d been on for how many consecutive days?

I’m not coming at you but those are just questions I have for whoever can answer them. I’m fortunate enough to have gotten in low enough that I’m up, but some of these dudes in here bought in at 50+

 

[humminbird]

There’s not 1 person on this board with experience working at a hedge fund that we could ask some questions? Relying on random info from social media is getting played.

the people that work at hedge funds can not say anything regarding this right because their bosses are threatening to fire them if they do

 

[Uchiha God]

Yes, they are middle men.

so why are people in this thread saying app/brokerage abc won't have enough money to pay xyz amount once/if this thing squeezes?

 

[Kenny West]

This is likely an idiotic question, but posts in the recent pages made me think about it. If you're trading via one of the many brokerage apps that allow beginner retails investors to trade, when/if you sell your stock, and say short sellers pick it up to cover what they need to short, the money comes from whoever bought it, to the brokerage app who then pass it your way right? I'm assuming after taking whatever fees (if any exist), right?

Like, these brokerage apps and services are just the middle man, no? If so, why wouldn't they be able to make whatever payouts, regardless of amount? I mean, they're not funding/buying the stock from the retail investors themselves are they?

No. The broker only uses the money you give to them to execute the trade and makes money either by selling your order data (PFOF) or by giving you worse execution/front running your trade to scalp off a few cents every order. (Arbritage)

The arbitage is what hurts them in high volatility periods though. Its typical for brokers/MMs front run the opposite side of a "dumb money" trade and the dumb money typically loses. But what if they're front running and the dumb money traders are winning and winning big?

January's GME gamma squeeze did this and Robinhood themselves cited liquidity issues. They blamed the DTCC on needing higher margin collateral. If you're JUST filling retail's orders why would you be in margin debt and need bailouts? Simple, because they were trading against their clients and losing badly.

 

[IntellectualViolence]

so why are people in this thread saying app/brokerage abc won't have enough money to pay xyz amount once/if this thing squeezes?

Not sure, my guess is it's probably a problem of liquidity, they won't have the cash on hand to pay out immediately, they will have to wait for the clearinghouses to forward the funds, so they limit what can be taken out.

 

[FaTaL]

AMC removed from the NYSE Threshold Securities List as of yesterday. Anyone care to explain what happened? Does it matter?

They used borrowed shares to cover it up, which was expected but it puts them deeper in the hole and lints their shorting a little

 

[Uchiha God]

No. The broker only uses the money you give to them to execute the trade and makes money either by selling your order data (PFOF) or by giving you worse execition/front running your trade to scalp off a few cents every order. (Arbritage)

The arbitage is what hurts them in high volatility periods though. Its typical for brokers/MMs front run the opposite side of a "dumb money" trade and the dumb money typically loses. But what if they're front running and the dumb money traders are winning and winning big?

January's GME gamma squeeze did this and Robinhood themselves cited liquidity issues. They blamed the DTCC on needing higher margin collateral. If you're JUST filling retail's orders why would you be in margin debt and need bailouts? Simple, because they were trading against their clients and losing badly.