I Really Mean It
Veteran
If you don’t heed this advice, the regret you feel will lie squarely at your feet. Thank me later.
The AMC Stock Discussion Thread
- Thread starter I Really Mean It
- Start date
Scott Larock
Its hard leaving thecoli but I gotta find a way...
I thought I had some stock but I don’t see it. Will buy some in the am.
The rest of TLR:Yeah let me just go buy because a coli guy told me to even though he gave no detail
I Really Mean It
Veteran
so you bought AMC during the GameStop thing thinking you was gonna ball out
i ain't pumping shyt up for you.
how is that office chair you blew your PPP loan on?
I wish I got a PPP loan.
shoulda applied. don't you own a business?
I wish I got a PPP loan.
anyway real talk, i don't see AMC going through the roof. a large portion of our population isn't rushing back to the movies this summer. especially when a large portion of people aren't even getting vaccinated and there's still variants out, even if the vaccine has held up against them so far.
shyt will not be back to normal normal as far as profits for any brick and mortar business for a couple years.
i know coli posters bout to rush in claiming everything is open and back to normal in their red state, but a lot of these businesses are not operating in the black just because they're allowed to let people in lol.
I Really Mean It
Veteran
No, but seriously, a lot of developments in just the past two days. Hedge Funds shorting AMC have just been margin called. Today, the SEC implemented a new rule that immediately forbids the use of dark shares (phantom shares with no apparent owner) to short stocks. Borrow rate for shares to short AMC is now 100%.
It’s all happened suddenly. The price is currently $10.40. If you don’t own any shares, you should buy as much as you can afford to lose.
It’s all happened suddenly. The price is currently $10.40. If you don’t own any shares, you should buy as much as you can afford to lose.
Scott Larock
Its hard leaving thecoli but I gotta find a way...
What sites you get your daily information from breh?
lol these hedge funds not making the same mistake againNo, but seriously, a lot of developments in just the past two days. Hedge Funds shorting AMC have just been margin called. Today, the SEC implemented a new rule that immediately forbids the use of dark shares (phantom shares with no apparent owner) to short stocks. Borrow rate for shares to short AMC is now 100%.
It’s all happened suddenly. The price is currently $10.40. If you don’t own any shares, you should buy as much as you can afford to lose.
but have at it.
i hope i'm wrong for yalls sake.
I Really Mean It
Veteran
AMC’s price going through the roof isn’t contingent on whether or not its current business model can weather the pandemic. It’s purely fueled by Hedge Funds overplaying their hands and losing to millions of retail investors who held their shares. The reason the squeeze is on the verge of happening is because Hedge Funds can no longer afford to keep shorting and must now cover. They did it to themselves.
This is the goal, but I need my money now, dammitOr just stop trying these quick licks and get a real portfolio or brokerage account
