bought 690 shares at $18, I got in at ~$8 yesterday, 220 shares. And what the hell is it a point in favor of AMC all that about pointing out how it has received much coverage thanks to GME? New shorts are in the house for GME too, even though shitters like Citron have left, the short % has changed such a little % in the last days that it means either they're repositioning themselves to hell (with billions in loses) or new HFs are positioning on shorts (obviously both, tbh). Keep in mind it's entirely expected and rational of them to sell their stake, they were investors who seized the moment to convert their debt to equity, leaving them with more $$ and AMC with less debt. also 10K in balls deep!! The Reddit group WallStreetBets is behind the recent surge, and it looks like it's about to get a lot higher. Reddit's WallStreetBets is back, taking on GameStop stock after intentional lockdown. I want to watch a movie in an AMC theater on the moon , I sold my condo & moved in to my parents house for a few thousand extra shares let's gooooo. Fuck Wall Street just like they fuck us. I bought it high, and hopefully it goes past that . Let’s do this!, Please write more about the 3x and 5x predictions . I have no idea how any of this works. I am the captain of my soul. Holding with diamond hands! , AMC is also going to have an accelerated timeline since GME paved the way. I'm holding the fuck out of it. I really want to do this right. Boosted by attention on WallStreetBets, the Reddit group fueling the GameStop mania, the movie theater chain has seen its stock price ricochet from … At this point a fucking Elon Musk's tweet has contributed more to people buying stocks (we saw a 130% increase in market open when he tweeted "Gamestonk" and a link to our subreddit). ✋ for both! Be patient and support GME. Also, AMC short interest is increasing dramatically. Is that a good thing ? BB is looking like a longer game, might get back on next week. So now I love AMC and I will hold it until we hit Saturn, I think you’re missing the fact that most people are still stuck in shit trading platforms like Robinhood. During pre-market trading, AMC was up more than 400 percent at one point before opening up more than 250 percent. , You mention how AMC has a high % of float INTEREST which isn't the same as short % of float. GME is +30% but next week both of these rates will increase. An answer for idiots, by idiots. It works by targeting stocks that have a high amount of short selling attached to them, which is why GameStop and AMC are great targets after struggling through the pandemic. Especially when comparing the potential of short squeezing a stock that's already worth 325$ compared to one that's at 13,26$. Users in a group called WallStreetBets came together to send GameStop's shares up a shocking 130 percent on Wednesday. Almost the same price as they’re popcorn. I can't really speak to the stock price as I'm new to this, I just want to pass along info on the where the Industry is headed. So won’t effect the price going forward next week? I'm along for the ride at least, I laughed more last night from reading this sub than I have in years following r/funny, AMC Short Squeeze Is Absolutely Possible to and Here is Why, https://www.powercycletrading.com/what-is-a-high-short-interest-ratio/, https://www.timothysykes.com/blog/understanding-a-short-squeeze/, Deepfake: DFV sells his GME position in 2069 for $6.9 billion, As checking the price every minute was so nerve wracking I opted for an automated solution, which made my life so much easier! I had $20,000 that I was going to drop into my heavy debt but I thought movie theaters could use the money more then me and here I am with 1400 shares and holding. Think it has lots of potential... dooooo it! Meet you on the moon, I’m a simple guy, I see amc I see I buy more and I HOLD, I like the stocks! That way you don't get overly emotional. I've got my 27 shares of AMC, 8 shares of BB, and 12 of NOK. Hundreds swarmed rapper Soulja Boyâs live Twitch stream in a failed endeavor to get him to tweet about AMC. Itâs part of a chaotic, meme-fueled effort to create an organized short squeeze, and force traditional hedge funds into losing millions of dollars on their bets against struggling companies. In the short term there's some dilution (but I would be surprised if that's not priced in already, came out 2 days ago but maybe people are just hearing about it now), in the medium/long term it's good - it means AMC is free of bankruptcy concerns for a year and is very unlikely to do another dilution soon. I live in New Zealand, we can go to the movies, it's cool. It matters not how single the share, Reddit Stocks: Why GME, AMC, NOK, BB, EXPR and KOSS Are on a Rocket Ship Again Looks like the game is not over for popular r/WallStreetBets names like GameStop The mob of investors are taking part in this incredibly high-risk game in an attempt to punish hedge funds and professional financiers and make some quick cash. Itâs not clear if weâll see the same sequence of events with AMC, but Reddit is trying to make it happen. Your baby will have a nice birthday this year by Gods grace!!!! I like the stock, I like the movies. Sitting at 60, will buy more AMC if the market seems to wanna move. Nokia, BlackBerry, and Bed Bath & Beyond are also seeing stock rises that are likely linked to this Reddit group. Holding 600 AMC. Pennies make pounds folks. Nokia stock is currently trading up 63 percent, with BlackBerry up 17 percent, and Bed Bath & Beyond up 35 percent. Update, January 27th 11:50AM ET: Article updated with information on other stocks seeing boosts. Even if this all goes to hell, this place seems fun. LIKE 25 shares of AMC. I will follow. The stocks that were removed have all surged in recent sessions as day traders united in Reddit forums like r/wallstreetbets and frenetically bought the names to push their share prices higher. through $28k loss yesterday. I rarely ever say this but I will say it. According to highshortinterest.com the short interest in AMC on January 29th is currently 79% . It has received MASSIVE media coverage and it has had streams running 7 hours just to look at fucking GME with thousands of users, the whole subreddit has multiplied it's user count 5x this last week. Upvote if you’re holding. I like the stock , Bought 115 shares at $13.33. Our time will come. Also it helps that I really truly like this stock. I also hold AMC, and its my first time investing, I am not investing more then I can afford to lose, yet at the same time I am a mixture of over the moon excited/horrified. I live here now. Whole front page is now littered with GME post and all those slow boomers over there are now connecting the dots and saying they plan to buy in on Monday. I'm considering buying more, because I like movies and I like going to the movies, and I like seeing hedge funds eat shit. gaming game play tv fun gamer gamepad guy controller video console playing player holding hobby playful enjoyment view concept - stock image This is fun. So in that spirit I’m holding 1 $AMC and 2 $BB, because that’s what I can spare today. Just invest what your willing to lose. Tired of streaming, I want my AMC back. I have limited buying power at the moment. https://www.powercycletrading.com/what-is-a-high-short-interest-ratio/, https://www.timothysykes.com/blog/understanding-a-short-squeeze/). AMC owns most IMAX format theaters in the USA. But AMC Entertainment and other stocks favored by … I bought back 100 of AMC at like 14.85, I didn’t anticipate it sinking into power hour. Let’s gooooo, Aww just for this I’ll buy 5 more shares of amc! An army of traders in a Reddit group are buying the stock to hurt short sellers, the hedge funds that have bet against GameStop. You can get AMC on CashApp! GameStop shares plunged Monday as Reddit’s favorite “meme stock” retreated from a rally that turned Wall Street upside down last week.. As with GameStop, the push from r/WallStreetBets for AMC is driven by a variety of factors not necessarily rooted in … EDIT: Just moved funds to buy 1 GME stock tomorrow. That scored two stonks yesterday. So I have to go with AMC. I'm sold. I like the stock! It was a surreal moment in what has become the hottest online game. expect a ton of volume on Monday because people have time to set up new accounts that don’t restrict trading. They never restricted it! You can’t kick me out. has the potential to be their best year ever, 600 AMC at 18. I don't just like this stock. But I'm waiting 3 days for my deposit to clear and since then GME has surpassed my poor retarded price range. AMC is #2 on the list with a whopping 78.97% of float being shorted. . I didn't get in on GME in time but I did with AMC let's GO!! HOLD THE FUCKING BUTTER!!!! Lol my life and families life is on the line. âWe need to take the wealth back from these boomers,â said one member of the Discord call encouraging investment in AMC. Can’t wait for next week. One big hedge fund, Melvin Capital, has been forced to close out of its GameStop position today with a huge loss expected, likely in the millions of dollars. and looking at the % held by institutions( 37.24% ) and assuming that these institutions are long on the stock, we're looking a short to float percentage of about 116.21%. Movie theaters are notoriously struggling to get through the COVID-19 pandemic, so how have Reddit users managed to increase the stock value of theater chain AMC?Simple: a potent combination of bold risk-taking, clever gamesmanship, and strength in numbers. Got my 50 of AMC at $9 yesterday and it went as high as 51% gain today. GameStop, AMC, and other Reddit-favorite stocks gained on Monday as day traders aimed to spark rallies. And you're adding by whichever reason the 37% of float held by institutions. Silver lake sold its entire stake from amc. 1000 amc shares at 7.23. Users at r/WallStreetBets have provided some good news for longterm investors in Tootsie Roll, Nokia, AMC, and Blockbuster after gaming the market … Buy AMC, you can come to New Zealand, and we can go to the movies! Today we focus on GME. Redditâs GameStop traders turn their attention to AMC stock, Sign up for the , I got 300 shares on AMC ready to hit the . , I have just over 25 shares as well. Holding strong with my 12 dollar 25 shares dont care if i lose , i grabbed 100 at 9.19. and I'M NOT FUCKING LEAVING, 50 for $10.5, holding steady. One thing I truly miss in this quarenteen BS is going to the movies and eating popcorn. 7071 shares. Shares of AMC … I am patiently waiting. Yes your right insider phone calls can only happen from the hedges down to wealthy position holders to make an influence, if it comes from retail its entirely illegal dont you know. newsletter, Read our full explainer on how Redditors are gaming GameStop stock, Reddit vs. Wall Street: the latest in the GameStop saga, GameStopâs stock was on the rise again, until it wasnât, Go read this story about how r/WallStreetBets triggered a huge rise in GameStopâs stock price. Source: reddit / WallStreetBets "We have grown to the kind of size we only dreamed of in the time it … Itâs a risky game that highlights a bigger battle over the future of finance, and the idea that you can do anything online. Holding until the moon. What I will say was AMC was on its way to a massive run - nearly 30 in premarket a few days ago - until the moment Robinhood and a bunch of other brokers started "glitching" and restricting buys.
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