The Brehs of Wall Street (Offical Stock Market Thread)

Tres Leches

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I’m taking a huge risk, so it’s really not so much of you doing anything wrong as it is a question of how far of a risk you’re willing to take. If things go according to plan, you’ll still net a few thousand with 10 shares.

:francis:

the good thing about AMC is at worse it only goes back down to $5-$6 but the upside is huge it already proved it can hit $20-$25 in Jan :ehh:
 

Trust Me

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I’m taking a huge risk, so it’s really not so much of you doing anything wrong as it is a question of how far of a risk you’re willing to take. If things go according to plan, you’ll still net a few thousand with 10 shares.

:francis:


I hope you right.. so we can all eat.


Edit: Might cop 20 more come Monday since its payday today.

Edit 2: Facebook friends talkin bout the stimulus hit.. not me yet.. but that may be 20 more :ohhh: That wont break the bank neither... :mjgrin:
 

Trust Me

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Don't believe everything u read here
There's a reason some posters don't post receipts
Just do what makes sense to you
Don't gamble with your stimmy


Naa I wont. I got a little one to think about. I cant just be throwin cash out like that. I put a little bit on the side to play a little bit. I never overdo it.
 

redd2013

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Realistically? $700-$800. Hopefully? $2,000 and up. The technical analysis supports it reaching as high as $5,000, but that assumes the Hedge Funds play fair. I have my sell limit at $801.

:yeshrug:

AMC has a total shares of around 287 mil yahoo number. For it to hit 700 amc needs to be value at 201 billion. At 5k it value needs to be 1.435 trillion. No way it touches a 1000 that would crash the whole market with hedge funds having to sell off to cover. I'm in gme and amc myself. I think amc can hit max 100 more likely around 50 to 80 range. To many shares outstanding. More shares means more people holding. That means more paper hands holding. Also a lot of new traders. As soon as we hit 20 to 25 wouldn't shock me if we see a mass sell off. It going to be hard for new traders/ weak hands not to sell take those profits. The sell limit only works if the 95% people set that limit and hold. In comparison Gme only has 70 mil shares. 20 mil held by gme, 40 mil held by institution, 10 mil for retailer. Not sure about the break down for amc but the institution holding is alot less. I hope I'm wrong tho and we hit at least 500 and I'll be a millionaire.
 

redd2013

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There’s also potentially Amazon

AMC 3 main catalyst squeeze gamma or short, buyout Amazon or Netflix or Disney or other, and reopen of everything max capacity. If you bought in under 10 your good. At worst you have to hold until summer/fall or maybe year end for everything to reopen max capacity and this stock is 15 to 20 again.
 
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AMC has a total shares of around 287 mil yahoo number. For it to hit 700 amc needs to be value at 201 billion. At 5k it value needs to be 1.435 trillion. No way it touches a 1000 that would crash the whole market with hedge funds having to sell off to cover. I'm in gme and amc myself. I think amc can hit max 100 more likely around 50 to 80 range. To many shares outstanding. More shares means more people holding. That means more paper hands holding. Also a lot of new traders. As soon as we hit 20 to 25 wouldn't shock me if we see a mass sell off. It going to be hard for new traders/ weak hands not to sell take those profits. The sell limit only works if the 95% people set that limit and hold. In comparison Gme only has 70 mil shares. 20 mil held by gme, 40 mil held by institution, 10 mil for retailer. Not sure about the break down for amc but the institution holding is alot less. I hope I'm wrong tho and we hit at least 500 and I'll be a millionaire.
A lot of those are phantom shares and are about to be disqualified. HF have to buy tens of millions of shares that are now held by the apes with diamond hands. FOMO is in effect and almost everyone who’s remaining on the AMC train knows the stock will go much higher than $100. I think you’re being way too conservative. We’ll see.

:unimpressed:
 

pawdalaw

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AMC has a total shares of around 287 mil yahoo number. For it to hit 700 amc needs to be value at 201 billion. At 5k it value needs to be 1.435 trillion. No way it touches a 1000 that would crash the whole market with hedge funds having to sell off to cover. I'm in gme and amc myself. I think amc can hit max 100 more likely around 50 to 80 range. To many shares outstanding. More shares means more people holding. That means more paper hands holding. Also a lot of new traders. As soon as we hit 20 to 25 wouldn't shock me if we see a mass sell off. It going to be hard for new traders/ weak hands not to sell take those profits. The sell limit only works if the 95% people set that limit and hold. In comparison Gme only has 70 mil shares. 20 mil held by gme, 40 mil held by institution, 10 mil for retailer. Not sure about the break down for amc but the institution holding is alot less. I hope I'm wrong tho and we hit at least 500 and I'll be a millionaire.

A lot of those are phantom shares and are about to be disqualified. HF have to buy tens of millions of shares that are now held by the apes with diamond hands. FOMO is in effect and almost everyone who’s remaining on the AMC train knows the stock will go much higher than $100. I think you’re being way too conservative. We’ll see.

:unimpressed:

Those #s are kind of fudges. There are a total of like 470M shares shorted but only like half of them are legit. I'll see if I can find the article but hedges have to cover like 106% of what's out there and institutions and retailer buyers hold a significant amount of those. With the New DTCC ruling and the shareholder meeting in the next 3-6 weeks its foot on neck season for the hedges.

*I'm new to this. Passing information as I understand it. Hope my more experienced brehs will elaborate or correct me. Holding 200 AMC Been dumping what I can in it on the daily. Sept. Is my personal deadline of focused intent.
 

Ezekiel 25:17

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Yessir.

I mean, look at what happened today. Because of how high AMC closed, 9.4 million shares ITM have to be purchased by the HF. We set the price of those shares. More and more of us are setting our limits to $801 and higher. If they don’t buy the shares, interest collects. Right now, interest is near 20%. A classic squeeze is taking place before our eyes.

:unimpressed:


Bull shyt. $801? $5000?

Even if AMC opens back up at full capacity, they not hitting Amazon levels
 
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