Trading is like working with black holes and naked singularities.
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1000 and more is reaching. Who actually holds onto profits for that long???
That is another trick hedgies use to flip 100K blocks for pennies and make $10k a pop. Big deal. Just like pennies they will lose their shares when the squeeze happens.
AMC is getting really hot here in the AH.
AMC is not a dead cat. Many millionaires in the making.
AMC 15.31 high AH
Buying BTC at $1k intervals on the dips. Great time to get em cheap.
I prefer strawberry jam or marmite. Chomp Chomp YUM :)
Are you buying more AMC stock with the extra cash? You may get exercised at 40 by then, but that is a good thing if you have extra shares;)
I think we will do very well from these levels. God bless and GL all.
T53 is still a moderator here. We will be ok. I have seen his stocks shoot up after he stopped posting targets and still moderating.
Great you just persuaded me to buy.
For breakfast? No, I want waffles.
I agree about price movement. The volatility priced in the options are stupid high even for calls priced 7-8 OTM.
Neb, what would you do if you were holding some covered June Calls? Buy them back or let them exercise.
Great time to buy BTC around 50K:)
AMC closed at 10.11 AH
Not a dead cat.
Massive potential.
Hedgies covering?
Bought another 50K shares on dip with D*GE profits. Great time for discounts.
More FUD.
Good luck with that, but be careful of the reversal.
If those 3 brokers do dump the shares, they will probably dump them into hidden accounts for themselves and wait for the squeeze. So don't be alarmed if we trade to around 10 followed by a violent reversal.
That 2.5 % commission gives added assurance to them selling the 43 Million shares as high as possible. They will most likely not dump them since shares are hard to come by now.
Added 900 more shares today. Will probably add even more after this news, but I have a ton already.
No more 500M share dilution. We are going to the moon!
AMC Entertainment Announces At-The-Market Offering Program and Withdraws Proposal to Increase Authorized Shares
We are going to the moon!!!
https://ih.advfn.com/stock-market/NYSE/amc-entertainment-AMC/stock-news/84931404/amc-entertainment-announces-at-the-market-offering
Maybe $20 next week. Don't get called away yet so early in the squeeze:)
High for this week will be 12.9-13.9 is my guess.
I can see the squeeze happening within the next 1-2 months. If not, good value play up to $20-30.
There are a few including someone here.
So do billions of OTC shares and millions of large caps. HINT HINT ;)
They are probably still accumulating shares from the paper hands before the hit comes.
Why would they buy company with $10B if they only need $10M to start a squeeze? Buying another 1M shares now will cause a short squeeze. The short utilization is close to 100 percent.
You didn't see that coming...lol
That is why I'm voting yes. Unforeseen circumstances that may come every 3.5 years like in the past. Remember AA is also a huge shareholder(3.6M shares) and what is good for the goose is good for the gander. Or I should say what is good for the silverback is good for the apes.
No dilution in 2021 promised by CEO. We do not have to worry about Yes or No vote on 1 anymore, but I am voting Yes.
Nice DD. Makes a lot of sense for the drop, cover and pop.
It's the drop and cover then run.
They will not run out of cash. One of them will actually start the squeeze upwards and the others will follow.