Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
IMO, Chinese people are more willing to use ride sharing service and Do use MORE ride sharing service then the folks in US. Everyone wears masks over there and it is more business as usual whereas many people in US are still somewhat reluctant to use Uber and Lyft during this pandemic. IMO, this is oversold.
Added some more
Fidelity is up
Fidelity is still down. I'm sensing lot of mad customers including this one.
Retail is clearly buying more and selling less
Hedge funds are clearly selling/shorting and buying less
Don't let HFs shake loose of your shares
Thanks everyone. Appreciate the warm welcome.
Good morning everyone! Just added some this morning.
I do like the long term prospects of DPLS especially with the infrastructure bill around the corner.
Parabolic Arc forming IMO
Margins Calls by GS, Morgan Stanley causing overextended HFs to cover
I expect HFs to cover their positions at least for next few days which may start the Parabolic Arc. HODL
Very possible if everyone holds
I own both. Fidelity changed Analyst Opinion for AMC from 'Very Bearish' to 'Neutral'. For GME, it's 'Bullish'.
Just bought some after hours
Based on three main reasons
1. Fidelity upgrade from "very bearish" to "neutral"
2. Only 0.34 cent drop when DOW dropped over 700 points
3. Maybe too early but charts seem to show possible bottom
I have powder on the sidelines to average down if this goes lower.
I would call that an upgrade
I beg to differ my friend
To each his own
Good move
IMO Last few days have been orchestrated bear raid by shorts in anticipation of meeting their FTDs.
As FTDs are delivered, I think we see the march back to 60s.
I bought because this is hedgies manipulating the price before FTD execution takes place. It is the last hurrah before the squeeze IMO.
I've taken my profits from DPLS and just bought 2.1K shares of AMC PM increased my position to 2.7K. Hedgies short are trying to create FUD on no real news. Pure manipulation. I see it and I buy into it.
"Be greedy when people are fearful"
- Warren Buffet
Sure thing John
10 For the love of money is a root of all kinds of evils. It is through this craving that some have wandered away from the faith and pierced themselves with many pangs. 1 Timothy 6:10 ESV.
It's Game of Attrition As Many Have Already Said
Shorts' strategy is simply to outlast Diamond Hands and APES.
They think as time goes on, retail interest will wain causing the price to drop.
The retail movement in AMC IMO is different and unprecedented.
I see more and more retail investors being committed to holding AMC long term.
Hedgies are going to learn the hard way when they have to cover past $100 IMO. HODL FOMO.
Come On Hedgies Bring It Down So I Can Add More
Short Raid Pre-Market Great Time to Add
Diamond Hands APES!!!
Bring It On Hedgies
Is that all you have?
LOL
Low Volume Manipulation Continues
Conversely, if you are on the sidelines, you should be taking your positions now IMO. Law of supply and demand. The more people HODL, less supply driving up the price. Let's corner the hedgies.
Hedgies eliminate volatility by manipulating the stock so that they can convey the perception of slow bleeding keeping people on the sidelines.
In turn, they cover methodically as to not cause panic buying.
No one should be selling right now IMO.
Threshold List Doesn't Lie
Like GME, History Will Repeat
HODL APES
Big money is consolidating/accumulating
Pennant bullish formation in the charts
Diamond hands and Apes just need to HODL
It will happen once it has been accumulated sufficiently by big money.
Sideways movement is usually indicative of accumulation before the next leg up. HODL.
Bought more on this dip
20% Selloff yesterday and 10% Selloff today.
Today is the day to buy.
Be Greedy When Everyone is Fearful.
Expecting a strong reversal
Way oversold on no news
Expecting equally strong bounce in upcoming days
The closer this gets to a penny, the stronger the buying
That's a simple fact on most OTC penny stocks as they approach the penny level. I think there will be a strong bounce/reversal due to the incessant selling especially in the last two days.
Just bought some on the dip. Why the selloff on no news?
Shorts are betting they can outlast APES and Diamond Hands. This is a war on attrition.