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masterofdisaster

06/29/21 5:16 PM

#56706 RE: Poooor1 #56702

I am not flipping. I am trading around a position. If I bought them back now I would net 30 more shares. Seems pretty simple to understand. I plan on buying them back. They were long term and not even effecting the current options cycle.

masterofdisaster

06/29/21 5:19 PM

#56710 RE: Poooor1 #56702

I bought more shares with the premiums.

masterofdisaster

06/29/21 5:30 PM

#56711 RE: Poooor1 #56702

When I say I think this is a managed event I mean it. I no longer think this will be violent. I think this squeeze will be more like a Tesla squeeze where shorts average up. Because by doing that over a long period of time hfs manage their way out. The SEC will not do jack SH!T!!!!!

MfridgeV2

06/29/21 5:55 PM

#56716 RE: Poooor1 #56702

Best ways to “support the cause”.

Buy some shares and hold but like a true trader or investor, don’t risk ones entire portfolio in a single stock, instead recognizing other plays to profit to perhaps buy more AMC.

Contribute to gamma squeezes by purchasing call options.

Raise more funds to buy AMC by selling covered calls using your shares as collateral.

Contribute to gamma squeezes by selling said calls, therefore increasing call buying by others which again, contributes to a gamma squeeze.

In short, some traders are capable of “contributing to the cause” in more effective and complicated ways than simply buying and hodling. Quite simply, while holding AMC and posting all day on message boards does support the cause, it doesn’t further it. The strategies listed above do.

They shouldn’t be criticized.