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Invest83838

11/10/21 8:25 AM

#80402 RE: Little Feat #80386

Yep Little Feat

I suspect numerous people, and especially hedge funds, are doing exactly what you are doing

Hence it is decimating the HODL strategy

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GoodGuyBill

11/10/21 11:21 AM

#80443 RE: Little Feat #80386

Congratulations! That is a good strategy for your objective.

I see AMC as the ultimate, once-in-a-life-time momentum stock. The unprecedented shutdown of the buy/close button, the high percentage of daily dark-pool trades, the recent Federal Reserve report, and the fact that institution/whales are in (and selling their put positions) validates my position. My strategy is to buy at lows and hold to the end.

Though I said I wouldn't buy AMC options, I may buy some when the pps falls to the trend-line low and sell upon a decent run-up, rinse and repeat. But the taxes/fees may make this barely worthwile.