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Clou, I'll bet you a beer we're green tomorrow, too!
I was watching Level II for part of the day, I saw those Counterfeit shares being offered, they did knock down the share price, but not for long. I can't believe that they spent/added another 81 million shares to the short list, just to take a few pennies off of current S/P.
Those pennies saved today will give us dollars, or hundred of dollars later, perhaps as early as tomorrow.
Also, something to think about, CNBC might be ignoring AMC, but Goldman had to chat up a lot of deep pocket investors, we are going higher, then higher...
Sonny, I'm not going to be banging the ask with you tomorrow, I've taken a beating and a half on every stock I own but AMC, I have no dry or wet powder!
Your money, Neb, but I'd roll them to the following week. Do you use Sink or Swim?
THe selling came from the folks that have been holding since March when we failed to close higher than 14.01
We had a different group of board posters back then, we'll break through 14 on our next try, then we have clear sailing to 22 or so.
Wouldn't surprise me to close north of 14 today, I'm with BB, we are going to kill it after hours. IMO.
Where is BioBill? What are they paying for interest?
JJ, IMO (and I'm counting myself) they own both, so no, GME'ers aren't jumping ship
FOMO
AMC Options Traders Jump Into Short Squeeze Potential
1:15 pm ET May 13, 2021 (Benzinga) Print
AMC Entertainment Holdings Inc (NYSE: AMC) announced Thursday it had completed its 43-million share at-the-market equity program previously announced April 29. The offering, which took place at an average price of $9.95 per share raised $428 million of equity capital for the company.
This came on top of another social media orchestrated short-squeeze attempt that caused shares of AMC to surge more than 20%.
A number of options traders jumped in on the move and bet over $806,230 shares of AMC Entertainment are headed higher still over the next number of months.
IMO, we have FOMO people and now they are calling their friends, so we'll have newbies, but they won't be short!
Again, I'm horrible at selling, 20 bucks, 199.99, hodl
I believe so, OTCBB is selling, not buying. I just don't know if they are Citadel's back office. OTCBB has huge sell amounts, someone keeps on digging the hole!
I've been listening to you, thinking, too. I'm horrible at selling under normal conditions, I'm thinking that when I sell, I'm going to do it in three batches, I'm sure my starting place is way to low, but be that as it may be, I'm holding the last third for grandchildren to sell.
I do agree with you, lots of Apes are going to be pissed that they sold way to early.
Cass, do you know if On Level II, is OTCBB Chitadel's black pool? If so, it's up and running, hard and fast!
some event that benefits them
I have a margin account as do many others, tech is getting crushed today, perhaps there will be some forced sales due to calls. Personally, I'm in good shape this week, but this tech crash is an event that could effect some.
I do know wrote 50 Put contracts with a 14 strike back in March when we failed to hold 14 back, I ended up selling PLTR (which turned out as a good trade)
Thanks for your answers, GL fellow Ape
Do you think they are still selling synthetics shares?
WW, they didn't have to worry about what the rates were for the synthetics shares were hid, thus not subject to compliance rates.
You're damn right that retail traders could never pull this off, but they might just bring the largest HF down, crazy Apes!
The unknown catalyst of how high is how many synthetics
True, this is a huge unknown, I personally believe that there's way the hell more synthetics shares out there then anyone can possibly believe.
Why, once Shitadel started down the road of synthetics, they needed AMC to drop to the dollar range (or lower) so they could cover, when it didn't, they went hog wild selling more and more synthetics. Now they are scared to death, as they should be for they have people digging into their illegal activity, while the Apes keep on buying.
If CNBC were to give an honest report on AMC, we'd get our squeeze; but CNBC isn't going to, for they are afraid of losing their viewers to an Ape, meaning, Trey Trades.
This should be made into a Movie, but I'm not sure non apes would believe it!
If the Hedge Fund that is shorting AG is Citadel, they came up with a new way of making money, they don't borrow shares to short, they just sell "air shares" fake share, invoices if you will.
https://cnafinance.com/amc-stock-manipulation-like-youve-never-seen-before/
I understand it's hard to believe, but there's the site and it's an interesting read.
Do you believe this number to be true,
Short Interest
(7.92% of float 04/15/21)
This is what TD Ameritrade is saying
I don't know how many people read that newsletter, but hopefully, a lot. Thanks for posting! Our day is coming.
https://cnafinance.com/amc-stock-manipulation-like-youve-never-seen-before/
I hope we make back all our AMRN money and then some, Good Luck!
Nice Call!
Yet, we are down $15.98 0.41 (2.50%)
Bunch of nonsense! Who's shorting AG?
Is this the same Panzer that didn't hold Hill 15 over on AMC. I had fun that day playing Patton. Good to see you here, I love AG.
Someone is playing with AG's share price, we get a nice earnings report and yet, we're down while SLV is up. Good sign to buy more AG!
Thai, if you (or anyone else) wants to contact TD Ameritrade, this number gets you through with little or no wait.
1(800) 672-2098
My two cents, great question to ask them, pretty interesting on your part to think to ask them it, too. I also think they gave you an honest answer, so pretty good on their part, too.
At the end of the day, no one can promise you anything other then someday, you're going to die.
Top Gun: Maverick, the sequel to the '80s classic Top Gun starring Tom Cruise, will now premiere on November 19th, according to Deadline. It was previously slated to open on July 2nd — which itself was a delay from December 23rd, 2020.
Date: Apr 9, 2021
Neb, they may change their minds again, but it doesn't matter how you cut it, AMC is going to kill it!
Master, the Old Silverback made a strong argument about AMC being a growth stock, ten bucks is cheap for someone able to sell food with AMC's margin.
We may see just plan old fashion folks buying AMC, what did they use to call those guys, Investors?
You are probably right about who will be blamed, that's kind of funny.
I know that no one wants a crash, that's why I wonder if anyone is going to do anything about the Citadel, seems to me that the SEC is also kicking the can down the road by moving meetings while they ponder how to get out of this mess.
We all know about AMC's shorts, however, Citadel has shorted a lot more names then AMC, so if/when they go down, what about the other companies?
This mess makes the 2008 bank issues small potatoes, our country is many many trillions of dollars deeper in debt then we were in 2008, I just don't see how they get out of this mess, but we'll see in the fullness of time, until then, lets have some fun and bang some ask!
Thanks, that's pretty cool, however, they quickly spoiled my fun
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Hicker, where did you get these trades from, can you go find me?
15:59:41 05/07/21 1000 shares I use sink or swim, I was trying to get closer to the close, off my 19 seconds.
I'm dropping some off at the moon, but I'm sticking with you to Pluto!
Thinking about it, I don't think that dude banged the ask, I think he had a limit order in at 9.51 otherwise, he would have had a pit number like my buy had.
He bought everything open up to $9.51, and God Bless Him!
When we didn't hold 14 last month, I got nailed with 5,000 shares for I had written 50 put contracts at 14. I thought it was easy money. I thought we were going to take out 15 (I was calling it, Hill 15 back then, old Panzer didn't hold the damn hill!)
Anyway, I agree with you, under $10 is a gift, I believe we will trade up to $20 before any squeeze starts, JMO and obviously, I have no idea what I am doing. I'm just using my own money while I learn, and having fun while doing so!
Have a good weekend everyone, and get ready to bang some more ask on Monday.
Happy Mother's Day to all the mothers and also the dad's out there that made them mothers.
I'm not sure anyone knows, I can only tell how many traded for the day. It's the Puts, however, I've written puts before where they've been in the money; but were not put to me, so who knows.
That whale moved the stock 4.5 cents in less than 19 seconds from my buy, Crazy
Closing Price
$9.51
Day's Change
0.51 (5.67%)
37,349,404 volume at close
Filled Buy 1000 AMC Market 9.455 -- 15:59:41 05/07/21
I nailed that ask!
Need to get that ask to 9.51
I'm hoping that BioBill is right, I don't care if it's the government or someone takes over Citadel; I just want someone to buy all the air shares that are magically produced!
That happens, we will see 1,000 and more.
I do wish they would stop kicking the can and just go away! Can't wait until they have to pay for kicking the can. I sure hope this 1,000.00 a share comes to light
Day's High
9.79
Day's Low
9.14