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It means we're gapping up at a rate that exceeds market circuit breaker limits. So I'd say good since short losses are piling up hard :)
First trading halt!!!
If this is true shorts are fuk
https://fintel.io/ss/us/amc
The FOMO buying pressure is amazing! Keep it up team!!
Fair enough! Setting up to be an exciting week for $AMC! GLTY!
Thanks for the reply! Pardon my ignorance, but are they also planning to release share count too? Could get interesting if that data doesn’t line up (but I could be wrong about this!)
Do you think the share recount results would push the price past a consolidation? Just curious, if shorts truly get caught with their pants down or if coverage starts so they can avoid prosecution, wouldn’t that set us up for outer space?
I uh… I don’t think the data backs you up here pal:
https://www.ortex.com/symbol/NYSE/AMC/short_interest
Get your FUD out of here. CEO already said that’s off the table this year!
Lol 0 short shares available. This is amazing
https://fintel.io/ss/us/amc
$17! Enjoy the feeling of a green day my friends! Remember how you feel now when we go through red days, and know that higher green days are coming!
Headed for $17! Burn shorty burn ;)
Thanks for this! Haven't been able to find a solid DD around where our price point could be. Much appreciated!
Let's clear these flippers and ask sitters out of here so this thing can run! A matter of time imo!
As excited as I am, the article is from a year ago. Decision coming soon and will hopefully be good news! GLTA!
Pulled my profits out at my goal level so I'm a happy camper :) sorry to bagholders, it's a tough one out there for CCXI
Agreed, but going to enjoy the ride anyhow! It's like watching the sun come up :)
14s?? What's happening?!? Is this real life?? My 12.50 average is finally green!!
Great question I don't know the answer to! Could be short pressure, could be stop losses, just hard to say. All I know is, I really really hope earnings brings us back up. Analyst ratings are in our favor as well as price targets.
Then again, if analysts were good at their job, they'd be called billionaires. Lol. Good luck to all I suppose!
Yeah I'm with you. It's a different market. Patience is the name of the game, there's good news coming. Just gotta grit through the blood here.
Frustrating to see this much red today... I'm optimistic and being patient for Monday's earnings but sure would be nice to see a color other than red at some point... Fundamentals should already have this stock over $2
In on this for a quick buck hopefully. What is a realistic target on a bounce? $1? $1.50?
Looking like a mini cup and handle forming on the 1 day chart... could see a takeoff soon if we can break resistance at $1.75
Sadly, I’ve gone bearish on CCXI. From all indications, it sounds like that split vote was enough to tank any hope of a quick rebound. Turns out there may have been some basis to the reaction.
IMO, CRL is probably likely and sadly could sink any hope of a sustainable recovery. If I was to play this (and I’m not planning to) I would probably give it a few days to see if some decent support builds (wouldn’t be surprised to see something *slightly* under $7) after a brief dead cat bounce.
Who knows what the future holds down the road, but I’m staying away from this one for now. Not financial advice nor am I an advisor. GLTY!
Took profits at 25.5 so I’m in the clear :) debating if I want to re-enter at this price or if I should wait until it drops around 5-7.
Should have clarified with a follow up! I was in this for my 20% challenge. Flipped it and took profits at 25.5. Phew! Always set your target and don’t get greedy :)
Completely agree! Amazed at the amount of negativity here. CEO and team delivered on the Pink Current promise, explained his rationale for dilution, and has offered many insights as to how he plans to add true value to shareholders. Struggling to see what's not to like here!
Hmm you could miss the boat. I think we're finding some support here around .0025. We've tested that boundary a few times and bounced off. Nice support base forming there which makes me confident in a later week rally. Still undervalued and a shame last week's dump by some ruined momentum. Reversal imminent imo
Loaded some on the Ask at .0026 today. Lots of negativity here today! Folks are missing the broader picture on this imo!
While block issuance is usually the better approach, this gets us closer to the point where there will be no more dilution. Market should price this in shortly and still be undervalued.
Guess I've been drinking the 1000+ kool aid too much ;)
As someone else said, patience is key. Dilution nearly complete and Pink Current should have set our base higher than this. Oversold at the moment, shaking out the weaker hands. Back up to .0035-.004 by EOW imo
Would love to hear some justification for your opinion. Must disagree. Pink current status, impending tech acquisition, Vision 21, and more all going for this company.
With dilution almost out of the way and a conservative market cap opinion by the CEO, good days ahead for this stock imo.
Biggest overreaction I've ever seen. Picked up a nice entry at $19/share and riding it up! Wheeeeeeeeee!
No bubbles burst here! Just want my money back so I can get out. GLTY
Hmm chart is looking like my theory was correct! Welcome back to bagholder land all!
Been bagholding this stock since Feb. 287.21 Billion with a B share float for a Grocery store that “might” settle w/ PM for some money. If they don’t run out of capital to pay lawyer fees first. Trust me, I’d love to see this head up to pennyland but I don’t see that happening any time soon. So moral of the story: if you’ve been bagholding like me, don’t be afraid to take your profits on a pump, no matter how small.
Looks like the dump is here. This stock is teaching me some good lessons. Take the profits when you get a chance on a P&D like this. Here’s to bag holding to the next one!
Could have been. Despite the dump, I'll take as much momentum as we can get for this stock. We're still under valued imo and depending on Vision 21/acquisition, this could be a life changer for some!
This is the guy! Wondering if he dumped those 250M. Time will tell I suppose!
Wonder if that warning from someone about what's his face was true. Regardless, this will bounce back in a few days/weeks. Pennyland imminent, regardless of dumpers! Too many good things here!
Bye dumpers! Hope you enjoy your minimum profits while the rest of us soak up pennyland ;)