Knew nothing about this company whatsoever until the run up yesterday and got in pre-market as an in and out play. I'm still in with around 300K shares after doing a little research and seeing the massive volume yesterday. A lot of eyes got on this stock yesterday and I am just 1 example. In doing my research, I totally get the capital issues the company is having and understand future issues.
However, the stock has a couple very good news opportunities and more importantly have an extremely viable product with significant positive and reportable results. See link as an example of just one (1) of many successful case studies: ncbi.nlm.nih.gov/pmc/articl... . This is definitely a buyout opportunity and value is there. I'm going to stay and watch this for a moment, but I see this particular stock as a more of a value/risk holding in favor of the substantial value.
The HF's are done and right now they have created more buying opportunities which I am taking advantage of! It's literally over for them and it's just timing as the float is locked and retail are holding. Sure, you'll have some retail flipping, but there are so many issues and mechanisms in place that have handcuffed the HF's & MM's and backed them into a corner. Grab some popcorn, sit back, and relax as we're almost through the previews of the upcoming movies and the SHOW IS ABOUT TO BEGIN...
Not going to happen...if it's any indication of what I see happening with my kids generation (millenials). Over the last couple days, I have observed my adult children constantly on the phone talking their friends into purchasing shares of AMC. The amazing thing is that every one of them have bought shares. This is going on all over the place as I've been doing this my friends over the last couple weeks. Buying will continue on and on and on. Grab some popcorn and enjoy the show!
There are a lot of good things happening on the horizon. The 45 million that Wanda dropped on the STREET will get into retail hands. Therefore, retails percentage of holdings are increasing and will continue in this path even as the price keeps getting driven down. The upcoming share count which I personally believe doesn't have a huge impact will reveal this greater percentage of retail holding. Oversees is buying as S. Korea has eliminated shorting. SEC is putting the hammer down on BTIG filing a Federal suit for illegal short selling; the first of numerous HF's to get the hammer thrusted down on them. Rule changes implemented by the SEC & DTC is clearly telling the story and backing HF's into a corner to the point that HF's can now only obtain class A shares.
The fake propoganda communicated over the last several months is losing it's steam especially with my generation. For example friends of mine I've talked to about this stock over last several months wanted nothing to do with it due to the news they were reading. In fact, my financial advisor who for the last couple months has thought I was absolutely crazy, met with me for lunch this week and indicated that they are seeing everything Ive been talking to him about and is now helping me develop a strategy to minimize capital gains by creating a Roth and moving my AMC holdings into it. Back to my friends, many of which are financially well off, have recently acquired positions after many discussions with me while their financial advisors had been telling them to stay away. Members at my country club are neverous about market conditions and AMC is the topic of that discussion many of which are probably tied into HF's. Also, in my area you can't go anywhere without seeing a sign about AMC and I saw one yesterday at a local audio specialty store.
So what's the point to all of this...This is an EVENT, and one of the largest we may ever see. Throw out the technicals and fundamentals as retail owns the end game because more and more people are coming into the stock to be part of this EVENT and vast majority are holding for it. It is truly unprecedented and there is no unwinding it because of the incredible percentage retail ownership. Sure, they will try and contol this squeeze to the extent they can, but it is definitely going to happen! Don't worry about today's share price as the EVENT is coming. Be patient as more and more come into it and enjoy the show!
This gentleman absolutely hit the nail on the head and he's absolutely correct about certain HF's have been liquidating and getting ready for this. Every one of these fake shares will have to be covered multiple times and is the reason I have converted over 80% of my portfolio into AMC.
Trey didn't kill anything. He may have cause some hands to fold but nothing one single this has changed in that there are numerous HF's that are so overleveraged that they won't be able to get out of it unless the VAST majority of retail sells and in my opinion that's not going to happen. Too much to gain on this and with some much news coming out from big boys, it's hurting them. So everyone needs to take a breath and eat some popcorn.
A lot of Belfort’s closest friends are HF managers. When I heard that Trey was going to have him on his channel, I was going to be extremely surprised and shocked if Jordan shared anything about how bad of a position his buddies were in along with the potential for them to lose billions of dollars. So my suspicion was correct, in that Belfort wasn’t going to broach his knowledge in this area with a 10 foot pole and contribute to hurting many of his close friends financially. That is why he tried to keep the conversation to fundamentals and Advising young investors to stick with the S&P Stocks which is good advice. However he knows that there is an unraveling that will eventually take place with GME and AMC and doesn’t wanna contribute to his friends financial demise. Unfortunately Trey spent $10,000 and wasn’t able to accomplish what he wanted to for his channel viewers. In the end, the fact that Belfort only spoke about fundamentals and dilution, should speak volumes and I for one am holding!
Roll, every single time hands get week and bashers show up, I pile more cash into this. Picked up another 3K shares on Friday. Week hands should learn by now to stop listening to certain people that show up out of nowhere. Next few days should be good!
Negative news coverage on AMC is just a bunch of PAID noise...
With respect to AMC, keep in mind the following: 1) AMC has enough cash to last into 2022. 2) AMC continues to have a substantial increase with institutions buying the stock. 3) The number of institutions that purchased Amazon stock purchased AMC stock within a few days of each other. 4) AMC is a fantastic acquisition opportunity for the likes of Amazon, Netflix, or Disney. 5) Hedge Funds are extremely overleveraged and short on this stock. 6) Other HF’s are looking for an opportunity to bankrupt these overleveraged HF’s to eliminate their competition - look at Archegos. 7) Vaccines are getting into the arms of Americans and we are starting to get back to some normalcy. 8) Nearly ALL of the theaters are now open with revenues starting to increase again. 9) The CEO and CFO knocked the earnings call out of the park and are seeking out other revenue opportunities with streaming deals. 10) The options volume continues to significantly increase. 11) Substantial number of FAIL to DELIVER shares. 12) Look at all the negative publicity on this stock as HF’s pay for these. 13) Did I mention that HF’s have not even come close to covering…
Sit back and keep enjoying the popcorn!