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Today’s the day we become Quintillianaires ... hold hold hold
Lmaooo that I can agree on. I like trolling on there...
Go to the yahoo board and you’ll see exactly what I’m talking about... jajaja. That’s just one of the many boards of shorts vs retailers ...
Everyone has been saying shorts need to cover tomorrow for over a week. The coverage is always in a couple days lmaooo
More bleeding to come. Pigs aren’t done getting slaughtered !!!! $3.00 coming.
Rip commons
Can’t believe shorts won. Rip Amc
Typo. Disregard “less”***
Here’s what’s happening now:
After Monday and Tuesday $543,000,000 worth of short shares started accruing interest because we are finishing above their price target.
If we close above $6 today another $454,000,000 of short share interest begins.
543M + 454M = ~ $1,000,000,000 aka 1B
We are choking and the tap out is coming...this why Mark Cuban said “Just Hold” ...he understands what’s coming.
Less
Rip commons
Congrats commons
The available percentage of short shares is now only at 7%. We, as a collective have bought 93% available shares in the float. Once 100% of available shares are being held by investors, hedge funds can no longer short the stock & need to cover. The price is still way above the price they borrowed their shares for. KEEP holding, be patient as there will be a big reward at the end.
The HF friends got together and are trading the same shares rapidly between each other to keep the price down. The system does not recognize it’s the same shares that are being traded at high volumes.
So why is it important for you to hold? The HF need your shares to cover their positions. If you don’t sell, you limit the ability to cover and they will have to buy at whatever price we set. The longer they wait the more expensive it gets for them. If you are not selling even if the price is low they are not able to cover. Only keep trading the shares between each other. When they run out of time and have to cover this is where the true squeeze happens. Right now they are just trading with each other.
This is Easily a $481 by end of year. #ShortSqueeze coming
To break this down for everyone who is worried or wants to know what to expect in the coming week:
AMC current status (30JAN2021) :
AMC has 44.6 million shorted shares and a grand total of 52 million shares. That means 86% of shares are shorted (by hedge funds) and 14% are being longed (all of us)
Now what everyone is waiting for is when shorted shares expire and they (hedge funds) have to cover what they bet on. Keep in mind not EVERY share will expire on Monday. So we MUST hold beyond that.
Today’s target (1/29) was to beat $8.63 (what hedge funds were betting it would be come Monday) and we did that closing at $13.29! AWESOME. This short will expire in 0.5 trading days (Monday)
So Monday when they’re forced to cover ($8.63) they will have to buy it at its current price to cover their bet. Raising the price up even higher.
But this isn’t even the best part. All of their other shorts are SIGNIFICANTLY lower. There are 9 different short stocks between $1.98-$5.96. Some of those shorts are 1.9 days away (Tue) 2.5 days (wed) 3.2 days (Thur) so the longer you hold, the higher the price gets and the more they have to cover.
Over the next few trading days it is going to be a vIolent squeeze. We are at the starting line of what GME did. Hold your ground. Gains Monday are inevitable. But the gains on Tuesday-Thursday will be much higher.
Short squeezes are historic: and to give you an example Volkswagen had a 46% short at $6 share price which squeezed to $110 a share back in 2008. AMC is at 84% short at $13 The percentage is significantly higher and there’s a lot more room to grow. On the high end we’re talking the possibility of hitting $150-200 a share if everyone is smart and holding until Thursday
My recommendation:
1. HOLD
2. Buy more on Monday if you can afford it because it’s going to violently rise
3. Enjoy the ride until AT LEAST Thursday evening when all the shorts expire and the price is at it’s highest.
I am not a financial advisor nor a registered stock broker. I simply have done my DD (Due diligence) and reflecting on passed events. Every stock has risk but it’s all about risk mitigation. This is a once in a lifetime opportunity so be mindful what you’re dealing with. If you have any questions I will try my best to answer them.
Happy trading, GREAT job today everyone. And don’t forget to share this or copy and paste it along other post to spread the word! I’ll see you on the moon ?? ??
Wtf another halt
By holding, Friday shorts will have to cover, so if you have shares it will be a huge day.
2) We must buy, the higher the price the more hedge funders have to cover, meaning you get paid more.
3) Prices are going down because shorts and hedge funders are using scare tactics, not because people don't believe.
4) They are cornered and throwing everything they got at us, including shutting down trading on platforms and halting trading, once these platforms open up for trading again its going to skyrocket.
- You don't have to listen but I promise its going to be worth it, the charts show so much support it would be stupid to sell now. It will go up, it just takes time.
5) Love you all, stay strong and we will win big time.
I just bought on E*TRADE. I put an order in for .5 over asking price
Idt I’ll be able to sleeping. Dreaming amc will hit $225 too is too mind boggling
No way this could realistically go up $200 a share tomorrow like GME did today. Impossible
Sniffing Coke off strippers after cashing in on GME!!!!!
If only this goes to $200 like GME. Realistically & not hopefully or wishful speaking. Where does everyone see the squeeze going max?
Rip commons
Keep loading buddy hahahah
Does anyone think Tesla could go to $1500-$1600 by end of year ? Anyone’s opinion... ?
Old news shortie
This is easily a $45 by end of year
Rip commons
Easily .... how can you not see that. Wait until the president of the US&A makes it recreational here. Then we will Allah willing easily see teens... imo. What do you think it will go to?
Easily going to $15 MINIMUM imo
Wow rip commons
Wow Ohh my. Thank Allah I got out of this pump in time. Rip commons
Rip commons
100 is a little far fetched
Easily an $80 stock once it become recreational in the entire us&a !
Rip commons
Congrats commons
Congrats commons
Rip commons !
Sorry. New to spacs. What’s the difference between owning the share vs the warrant ?
Rip commons