CIDM is a huge opportunity. Very cheap, is home to a ton of licensed entertainment properties, and has just announced an NFT venture that’s garnering decent attention. I’m 2,000 shares deep. If it enjoys a run similar to what other NFT tickers have recently enjoyed, the opportunity to secure the bag is huge.
I consider more of a summer hold. It’s breached the 2.10 wall a few times today, though it’s being shorted heavily. In spite of that, its volume is tremendous, speaking to how much interest there is. Though the CEO tweeted about the upcoming NFT initiative last night, formal PR will likely be dropped shortly, giving the stock a nudge upward.So it should hit tomorrow?
Went through Tuesday.
Is it a pump and dump or should it be held?CIDM is a huge opportunity. Very cheap, is home to a ton of licensed entertainment properties, and has just announced an NFT venture that’s garnering decent attention. I’m 2,000 shares deep. If it enjoys a run similar to what other NFT tickers have recently enjoyed, the opportunity to secure the bag is huge.
I know what I’m talking about. It’s buying and holding. When you sell the HFs are also buying. The pressure increases when everyone continues to buy and hold. When there’s only buypressure and they’re shorting with synthetic shares you buy those too. What’re you’re doing is actually working against the movement. The only reason it’s not having an impact is because many more people are buying and holding vs. buying, selling high then buying back on dips.
I think it’s a little bit of both, a candidate for a pump and dump and a good long term hold. A group that’s been recently coordinating pump and dumps on NFT-related stocks has set its sights on this after the CEO’s tweet about the company’s upcoming NFT plans.Is it a pump and dump or should it be held?
It was done Saturday
When and where did I ever reference a damn price drop in either of my posts!?!? I don’t give a damn about a price drop when there’s a squeeze looming. The price is inconsequential. It’s the buying and holding that I’m concerned about. If most AMC investors were doing what you are then there wouldn’t be as much squeeze potential as there is.That's not why the price drop, like I said you don't know what you're talking about you're just parroting stuff you heard, humble yourself
There's two types of shares A and B, there are billions of shares not available to the public to even buy, when companies convert these shares they flood the market
and to the fact hedgefunds have been doing trades in dark pools with imaginary shares
people day trading amc isn't going to cause drops like we just saw
When and where did I ever reference a damn price drop in either of my posts!?!? I don’t give a damn about a price drop when there’s a squeeze looming. The price is inconsequential. It’s the buying and holding that I’m concerned about. If most AMC investors were doing what you are then there wouldn’t be as much squeeze potential as there is.
Dude is slow. Emotional investorWhat can’t you do both?
Index funds.I've got a couple stacks, point me in the right direction(s) brehs
I've got a couple stacks, point me in the right direction(s) brehs