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We just closed AMC at $68 even afterhours!
 
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GQdaLEGEND said:
nice, are you a paid member or just following him on twitter ?

once i get some cash on hand .. i wanna get ortex paid subscription and learn the fundamentals and hopefully become rich off this as i can do this full time.
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I just follow him. Not a paid member.
 
“When we hit 85-90-95, we’re in a different galaxy. It will be like when Elton John discovered glitter”

-Lou vs WallStreet
 
BamBam54 said:
Not sure what's going on... but WKHS now up 40% on a lemon stock with no real news.
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So it looks like something is going on with WKHS and people are expecting more but I only just started looking into it.

I dont have extra cash to invest right now but if I see something I do have a few stocks I can always flip, but I dunno Ill see.

I hope you make a ton off that one!
 
VW, which has over 360 million shares squeezed and got to 1000, and it could of gone higher, but the majority shareholders sold. So, if the majority of AMC shareholders can hold over 1000 can happen. 5000 can happen. 10,000 can happen.
 
jameschoi said:
How much higher can AMC go?
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In a short squeeze there is absolutely no cap whatsoever...infinity. It goes as high as the shareholders make shares available for short sellers to cover, or in this case more than likely brokerages margin calling and/or in addition liquidating hedgefunds accounts which also fully depends on shareholders letting go of their shares back into the market.

Then there are agencies that will have to step in so of course and we will be selling shares anyways so its not going to infinity..... but technically yes, infinity.

Let me know if you need to know anything else.
 
ValiantThor08 said:
VW, which has over 360 million shares squeezed and got to 1000, and it could of gone higher, but the majority shareholders sold. So, if the majority of AMC shareholders can hold over 1000 can happen. 5000 can happen. 10,000 can happen.
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And if utilization is indeed over 100% with AMC and there indeed are possibly 10s, 100s or even billions of fake synthetic shares out there, shorts have to cover perhaps 3-5 times over......we dont know how crazy ridiculous this really is. The partial audit for sharecount will be interesting next month.
 
my BB has doubled in 2 days
AMC hit 75$ thus morning
NOK aint doing me shiit, might getting sold for more BB before it takes off
 
Next stop to 88, then the 200s.. And that is still NOT sell territory. Everyone holds in the 200s, it goes up.Invalid Link Removed
 
How do you know when the gamma squeeze is going to roll over? It seems like it can go higher forever but how do you know before it all comes tumbling down.
 
Segansational said:
So the real question is, at what point is the price/share too high to keep coming in at? I've got peanuts compared to some of you, but buying in at $68 seems like a tough pill to swallow...
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Buying in around $70 is a tough pill to swallow. But consider how bad you might have FOMO if this thing takes off and hits $1k + per share? That’s what got me into this game back in January. I didn’t need the stimy check to pay any bills so I bought AMC and GME with it. It been a wild ride of up and down, but I tripled the stimy check value yesterday on AMC alone. I knew back then that I would have FOMO one way or another, I’d either regret loosing the money and wish I had not bought or I’d regret not buying more and loosing out on gains. Right now I’m wishing I took at least $10k out of savings and put it down on this, but that would have been a crazy risk to take.

I seriously recommend at least buying small, like 1-10 shares if you can afford it. Go along for the ride, live and learn. What’s that old saying, the best time to invest was yesterday, the second best time to invest is today.
 
jameschoi said:
How do you know when the gamma squeeze is going to roll over? It seems like it can go higher forever but how do you know before it all comes tumbling down.
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The gamma will probably cause the short squeeze. So what does that mean? It means margin call. At that point the price only stops going up when the majority sells. At this point it could keep going up until the majority sells off.
 
I know it all seems surreal to think that you could be part of something you couldn't even imagine, but here we are, enjoy it
 
BOSSMAN said:
AMC files to sell 11.5 million shares

How will this effect us today?
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The latest article regarding AMC selling 11.5 million shares is FUD. This is old news from April 27 filing. Not new. CNBC wrote this article last night at 5:14 pm and coordinated with hedgefunds to release the article as the hedge funds performed a short attack to tank the price during premarket (no halts) to scare investors into selling. Buy & Hodl. 100k floor


basically shares were sold in april and filed the 8k today ? scaring pple way imo thats all and wants this to tank
 
And remember, even if 11 million shares were to be sold soon, and a dip happens, it's going to be eaten up :D
 
ValiantThor08 said:
And remember, even if 11 million shares were to be sold soon, and a dip happens, it's going to be eaten up :D
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GQdaLEGEND said:
The latest article regarding AMC selling 11.5 million shares is FUD. This is old news from April 27 filing. Not new. CNBC wrote this article last night at 5:14 pm and coordinated with hedgefunds to release the article as the hedge funds performed a short attack to tank the price during premarket (no halts) to scare investors into selling. Buy & Hodl. 100k floor


basically shares were sold in april and filed the 8k today ? scaring pple way imo thats all and wants this to tank
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Right on. I wasn't too concerned but figured it was related.

Side note, I had a dream that I overslept and woke up way after market open; the price was at $103 per share, and i missed the peak at $333 per share. Now I'm even dreaming about this...lol
 
GreenMachineX said:
Right on. I wasn't too concerned but figured it was related.

Side note, I had a dream that I overslept and woke up way after market open; the price was at $103 per share, and i missed the peak at $333 per share. Now I'm even dreaming about this...lol
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Bahahahaha.. if you miss 300, you didn't miss anything ;)
 
Thanks fellas, seen the reports being false a few minutes after I posted.

You guys are awesome, easier to deal with a hand full instead of 280k.

I post in that site and don't even see it, it moves so fast.

Just set up a sell of my NOK, loading up on BB sometime this morning.

I guess I'm spoiled with AMC and BB, NOK wasn't moving fast enough for me 🤦🤷🏿‍♂️

My luck it will go ape shiit today
 
GQdaLEGEND said:
The latest article regarding AMC selling 11.5 million shares is FUD. This is old news from April 27 filing. Not new. CNBC wrote this article last night at 5:14 pm and coordinated with hedgefunds to release the article as the hedge funds performed a short attack to tank the price during premarket (no halts) to scare investors into selling. Buy & Hodl. 100k floor


basically shares were sold in april and filed the 8k today ? scaring pple way imo thats all and wants this to tank
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cnbc is trying to scare retail on amc right now lol
 
BOSSMAN said:
Thanks fellas, seen the reports being false a few minutes after I posted.

You guys are awesome, easier to deal with a hand full instead of 280k.

I post in that site and don't even see it, it moves so fast.

Just set up a sell of my NOK, loading up on BB sometime this morning.

I guess I'm spoiled with AMC and BB, NOK wasn't moving fast enough for me 🤦🤷🏿‍♂️

My luck it will go ape shiit today
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NOK dont expect it to move too fast at once .. when AMC/GME squeezes it will bring the other plays down .. so don't get into too many plays imo and just stay patience .. very hard to predict where the $ will be being shift

( not a financial advise )
 
jameschoi said:
AMC on a massive roid rage OMG

WKHS is the new AMC now. Gotta squeeze the shorts.
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Looks like AMC forgot to take a PCT this morning, LOL!!!!

Wait until you see a short squeeze, and if it occurs of course. You may see pops in the $100s within hours potentially.
 
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ax1 said:
Looks like AMC fogot to take a PCT this morning, LOL!!!!

Wait until you see a short squeeze, and if it occurs of course. You may see pops in the $100s within hours potentially.
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bahahaaa its new to AM .. it will learn to be strong through tough times lol
 
BOSSMAN said:
my BB has doubled in 2 days
AMC hit 75$ thus morning
NOK aint doing me shiit, might getting sold for more BB before it takes off
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Damn, BB hit almost $20....I really hope you kill it with that!

ValiantThor08 said:
First time ever I'm hoping to pay a lot of taxes....
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Yeah, me too....hoping to bill a tax bill bigger than my entire house/property I mortgaged a few years ago. Im right now dying to pay the IRS that check!!!!!! I just hope!
 
ValiantThor08 said:
You hold. You win. Invalid Link Removed
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Thanks for putting this one to my attention, this is one interesting dude. I found he has a youtube channel as well, he posted something really late last night.
 
Crashed down to $51 and up to $62 within 6 minutes....if you guys think this is batshyt crazy volatility you all aint seen nothing yet!
 
ValiantThor08 said:
Next stop to 88, then the 200s.. And that is still NOT sell territory. Everyone holds in the 200s, it goes up.Invalid Link Removed
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BAM Investing said $280 by June 9th and $300-$500 after that.

Lets see if he is close with his $88 at 10:10 today first.
 
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