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You are on to something. Maybe this is representing REAL volume without the over and back between HF’s
Because he his still keeping the company afloat, so they will have jobs to go back to. Unless of course, you would rather AMC goes bankrupt and then no jobs for the unemployed?
Fix the real guns first, you’re comment is a bit silly.
100% Agree. AMC is a monster, about to show its teeth
Seems like the false ‘trojan horse’ bulls are managing to bring down the positive sentiment we have for the future. Again, BEWARE of the posters around social media who are trying to sound reasonable, pretending to be one of us, and are expressing their ‘disappointment’.
The DD is good, the short naked attacks are real, and the shorts are worried. Hold the course, and see those ‘posts’ for what they are. Bears in Bull clothes. Hold, Hold, Hold.
IMO, not financial advice, just an APE keeping my bananas safe from the Fakers
Interesting to read the subtle FUD folks trying to sound reasonable about dilution etc. Laughable really. The Board does not have enough shares to perform a massive dilution, and they have to declare it to the SEC if they did. Beware of the “False” bulls trying to get into your head. This is going to fly. IMHO, not investment advice. Just common sense.
I am not that smart on this, But if say Amazon or Netflix were to try to takeover. Who would they buy the shares from? Apes are holding strong, the tutes are holding for reasons of their own. And God knows how many naked shares are out there. This is why I am still on the fence about the new share offering. Interestingly (hmmm?) it is larger than the total real shares in existence. So could this possibly be a way for Amazon or Netflix to take a majority of the shares, buying the clean and untainted? The shorts still have to cover, and there would still be a huge squeeze. This is why I am leaning towards voting yes. Am I way off base?
If you were all hyped up, and now feel totally crushed, just look at the chart for the past few weeks. It is a journey, not a sprint.
I cant believe I am saying this, but watch the Clay Trader video. Even he is a voice of calm and shows how the boring periods are higher than the past boring period and so on. This thing is a slow monster, and us Apes are dragging it out of the swamp. Hang tight brothers and sisters!
When he came out with this, it erased any doubts I might have had that AMC was actually going make a huge move. I went almost all in. And I am a total APE at this point
I would recommend folks to download the AMC app if you have not done so already. Not like I need another app! But it helps the cause of increasing interest, keeps you up to date with offerings and also get you ready to book tickets!!
Aha, I did not think of insurance. I am nervous, just because I remember the S&L bailouts and Enron etc. I know they are not the same, but crash and burns nevertheless. It just seems that the big boys get bailouts, and the main stream media and others, are so biased against us, that they are trying to make a case early that it is us who are the bad guys and dont deserve the same treatment. Calling us the Reddit/WSB and other such negative terms. We are getting blamed for the volatility, which might have a truth to it, but we did not cause the scenario, we are just riding the wild bull, and totally refuse to jump off.
Don’t get my fears wrong, I am not negative and the shorts have not gotten into my head! I just cant help feeling that somehow these deep pocket HF’s don’t have some awful trick up there sleeves.
I have 12k shares, I just turned green. And I am holding very very tight. I am committed to being an APE, I have not traded on this, even though I could have like I do with other stocks.
Sorry the venting and rambling, I know that myself and probably others too, take great comfort in seeing that there are so many others fighting and holding strong too. Thanks for reading and putting up with my rambling!
It is an interesting question. The answer might just be that the system is all so screwed up, maybe most of the published data is BS. Especially if bad data is used to make calculations to begin with.
What worries me most of all, and I am heavily invested here, is what happens of the shorts just do a kamikaze, never cover and just go bankrupt? They may be so deep in do do, that the easy way out is to go down in flames. I am not a smart enough ape to know who pays up? It is a honest question, hopefully an easy answer?
Pushing for 12, then 11 will be more doable
Lol, mmmmm, I know that feeling!!!
Also, if Hollywood has “Director cuts” just for the theaters, with immersive 3d sound to make the theater still have a leg up on big screens at home.
Shoot, even a football game or similar streamed live. The possibilities are really opening up.
Years and years ago, I did something similar for a Broadway show for my anniversary. A bit of a splurge, but it was a fantastic night out. The thought of something like that, scaled down a bit of course, would be a spot-on idea. We go eat after a movie anyway, so to combine the experience in some way (other than the concession stuff!) would be a great night out, for old farts like me, parents needing a break, or even young folks on a date.
Glad to hear they are thinking out of the box!
In reality, aside from the squeeze and everything else going on. AMC is just a good investment. Its coming out of Covid with a good plan and its reputation intact. Compare that with cruise ships for an example. I just simply like the stock!!!!
Its on youtube. Sorry don’t have the link
Its today. The conference call is at 5pm. All will be revealed! And some Q&A. I am hoping the numbers come out earlier, I am guessing at 4pm. They will be terrible, awful, gross! But we will be looking at the consensus of revised expectations, that is a number they might very well beat.
Also, what is in store for 2021? THAT is the thing we ALL want to hear!
Will earnings wtc be released before the conference call?
Lol, CNBC all about the GME crashing 40%.
IT WAS UP OVER 40%, where were those headlines!!
We should be ok once the smoke clears.
This place is mild compared to Stock Twits and Reddit and maybe others!! It is an oasis at the moment!
On my Fidelity you can usually trade it to a different stock right away.
BUT, you cannot sell the ‘new’ stock you just bought until both trades settle. You might get away with it once or twice, BUT they will make you do all trades for 90 days in a way that you must have the cash settled to make another trade.
Double check all this, other companies might be different.
Notice I did a double BUT in there. My ape mind is still childish in some ways.....
Awesome, I have never been in a squeeze. I am usually a buy and hold kind of guy, after I spend time doing some DD. But even though I am new to this ‘event’, I have a feeling we will all be part of something interesting!
Thanks for the info and explanation Bio. Very helpful.
Cheers and good times to you.
Damn, good compilation. It’s fricken giving me goosebumps. All my life, busting my ass, I put over half my retirement in this. I know about risk, eggs in one basket etc. O will be working till I drop dead anyway. Just maybe, this is the one chance to change my families life. Sorry, overcommunicating here. Good luck fellow apes. Lets take it back from the bloodsuckers.
Thanks Copper2.
I love the AH action, but I am concerned that this is shorters buying up to cover. There was big volume, some slippery bastards are try to protect their butts.
Just IMO, hopefully the same enthusiasm is there tomorrow
I am not ready to decide how I will vote yet. I want to hear more. The CEO is playing chess here, and so far he is playing a good game. Based on his comments he has good appreciation for the retail investors and little love for the HF’s. So I am giving him the benefit of the doubt. He seems to recognize that the retail investors are also AMC Customers!
I have not looked at this deep enough yet, but any potential share increase would not be for a few months. So it would probably not help the HF’s right now, especially with the interest rate climbing, and the rock being overturned as to ‘who owns what’.
So, if the potential dilution does not hurt the price move we hope for, I am inclined to vote yes, and a thank you for the share count which he has forced.
A simple strategy, but one I will be researching very very deeply before I have to actually vote.
Just IMO, and promoting conversation.
I am but a dumb Ape. But I follow the great discussions on here. A lot better than in ST or Redit right now. Over there you have to wade through the bears, memes and mooners. I like all that, but hard to get the good posts.
I have read that AMC will have (expected) massive losses, and that could make them vulnerable to takeover by someone who wants to use those losses for a write-off. Is it possible that these shelf shares they are looking for, will give AMC some armor against a hostile takeover? It would give AMC a possible resource for a poison pill. Food for thought, that I will be researching and interested in you good folks’ thoughts.
The share count is a master stroke, and will be another catalyst for a squeeze. IMO. Good luck to all!
Well said. I think your sentiment has good sense.
I know. I have 100k in this, down 20k. I’m not fucking selling!!
Thanks! That is what I thought.
Some people represent it as a daily thing. But 10% annual on millions is still a very large number!
Dumb question, but hard to get an answer. Is the borrow interest rate for shorting, an annual rate? Or daily rate. Pardon my ignorance, Apes have a hard time understanding these complex things.
Someone posted an interesting point on ST (which has become a nonsense site), about sooner or later one of the bigger shorts might break ranks and try to cover early and screw the other shorters. I am sure this is just speculation, but it has me thinking about how this dam is going to eventually burst?
Exactly the same for me on Fidelity. This may help anyone waiting till the date gets closer!
For me, they are going to track roughly in proportion for the next couple of weeks so I don’t think the leverage will be as high as before. And, I was concerned that the brokerages might screw up the cashless exchange, so for piece of mind I pulled the trigger. I see your strategy, and it is a good one, i have (had) 5000 warrants, so not too small, but I am focused on some other spacs, I put this one to bed and will hold long term. Good luck, I hope you squeeze some more juice out of it!
Fidelity wont allow stop losses. Clearly this blow off will dip before it jumps again. Been doing this too ling now not to see that. Good Luck to all, just keep an eye on this, I am a huge bull for this, just being cautious and seeking an opportunity to snatch more on a dip.
Heady times ahead!
I did the same as well. At some point this will move, I might as well leave it parked here for now
Your astute investment advice is making me lots of money.
Betz helps you sleep better! I have played the components, and LCA (and some others when they were SPACs), but I have converted most of those into BETZ. It may mot be as explosive, but it is going to be a fairly steady ride. The components from around the world, just make sense. Rising tide lifts all boats! I am looking to be greedier a little more slowly, bu profiting off off other peoples greed!
It happened with TTCF, a big issue there was the huge number on non USA holders, who had all sorts of issues voting, if at all. If i remember right, they left the voting open and actually had enough votes a couple of days before the meeting. We were all over social media encouraging folks to vote, giving out numbers, email etc. It was quite the effort, but eventually easily passed. The big problem there, was it was set up, that a non vote, was a no vote, so that added to the near panic! I was 100% warrants, so I did not have a vote, but I participated in the “getting out the vote” effort!