jeesh what a mess ..sometimes its better to just leave things alone .. instead just give even a $0.01 a dividend a month per share would go along way lolRedbox is completely gone now, its suspended.
I think remaining holders got 0.087 shares of Chicken Soup for every RDBX they held.
I dunno Im glad I didnt get back into that.
In other news my BBIG has been halted for about a week already, internal turmoil with the company and I think the CEO which was selected by only one of 7 board members is trying to stop the other board members from making acquisitions and wants to take the company in a different direction. What a mess, and heavy on the red for me. AMC makes me feel good though so whatever.
Can you eli5 please?Stonk-o-tracker shows 90k in the money, another 115k out of the money at $25.
Elaborate?Can you eli5 please?
I'm praying he's right.Latest Lou prediction (strictly for entertainment purposes only):
Tomorrow premarket, breaking 30-32
Daytime trying to chop us down to $28.
Monday $40 or close to $50 and once that happens it’s on.
Strong run Monday through Wednesday, maybe mid-day Thursday then big numbers start to drop.
Following week we all know what’s coming.
This is the last battle, it’s done.
It has totally fuqqed with my emotions and mood rest of the day as reliant and defiant I am with selling it.View attachment 220667
lets be honest when AMC is green, everything in life seems better and your happier then you have ever been
FRZA on the run ( up +190% ).. unfortunately i didnt get what i wanted .. but ended up picking some at $14those who like to scalp ( get in and get out ) keep an eye on IPO FRZA dropping today
i put in a limit order at 5.05 for small shares .. dont think ill get it at the price and i do think will run hard today like other IPO's have .. next week its GTC
Guess he was wrong so far...Latest Lou prediction (strictly for entertainment purposes only):
Tomorrow premarket, breaking 30-32
Daytime trying to chop us down to $28.
Monday $40 or close to $50 and once that happens it’s on.
Strong run Monday through Wednesday, maybe mid-day Thursday then big numbers start to drop.
Following week we all know what’s coming.
This is the last battle, it’s done.
Duh lol!Guess he was wrong so far...
hes gonna be right one day .. u just watch lolGuess he was wrong so far...
Where does AMC need to close to maximize the calls that expire?IWM and SPY moving up all day, but AMC not, I wonder why?
View attachment 220684View attachment 220685View attachment 220686
30 lol .. 25 woulda been niceWhere does AMC need to close to maximize the calls that expire?
Getting tired of this.30 lol .. 25 woulda been nice
We ended the day above where we needed to be. Next week will be fun.Getting tired of this.
I can’t complain about this week at all.We ended the day above where we needed to be. Next week will be fun.
It did? Where did it need to be?We ended the day above where we needed to be. Next week will be fun.
It needed to be at $283, that would have been a good start! LOLIt did? Where did it need to be?
Anybody not familiar with the above charte, the left side are calls (betting on a future higher price) the right side are puts (betting on lower price, basically shorting the stock but you can only lose your money in contracts, not the potential for infinity lossed like a traditional short.)As much as you can really but $25.01 would have added 19k contracts, $27.01 14k more.
View attachment 220689
What is reverse gamma squeeze?Anybody not familiar with the above charte, the left side are calls (betting on a future higher price) the right side are puts (betting on lower price, basically shorting the stock but you can only lose your money in contracts, not the potential for infinity lossed like a traditional short.)
Its also good to look at the puts, you want to see a high ratio of calls to puts in our plays.
Also, reverse gamma squeezing does exist.
Conditions are met for high volume selling pressure. If the stock goes down and alot of puts rather than calls are in the money, market-makers will sell to cover hedge (cover) those positions.What is reverse gamma squeeze?
Read a tweet by Lou; apparently he's not happy with this.Im hearing from one of my other youtube sources that APE should split AMC's value in half right at the beginning. Its really a split, but issued as new ticker but its value will come from dividing AMC price. Its not going to be a penny or the $4 NASDAQ minimum as rumored.
Not sure if true but this is supposed to be written as that in the filings, but I didnt read the filings myself.
Its not really something thats going to hurt us, but we will see whatsup but I wont be scared if all the sudden AMC is 12.50 and APE is 12.50 after the 19th. Set date isnt exactly understood when it comes to the price.
This is not going to allow shorts to owe less dollar wise. This also may make lenders force shorts to return shares if the lender and their lending agreements (can vary) wants the APE shares, the shorts still are responsible for everything. So basically after the split the shorts would owe the lender both a AMC share and a APE share.
Yes he is for sure not happy. Thats up to him, I have no idea what to make out of this until it all happens. I enjoy all his video's every day, but nobody really knows whats going to happen with APE and how that will effect the squeeze, if it forces shorts to cover, if Adam Aaron will dillute APE right away (Lou's main beef, which is something I dont think Adam Aaron will screw the community over just yet) and prove synthetics are out.Read a tweet by Lou; apparently he's not happy with this.
Honestly, I'll be selling most around $100. I'm over this whole thing and unsure what ape will do. I'll keep 30 or so to hold for something super crazy though.@BamBam54
If AMC splits half value into APE by distributing half its value into the other, do we stick with the $283 price bet? I really dont mind sticking with $283, just checking in with you as we didnt see a split coming, but Ill make this your call.
On another note, after the 22nd and only after the 22nd, if we didnt hit $283 by the 22nd my initial price target may drop below $150, maybe $138 for my first 1000 shares....and only if I see APE running along with it. I dunno I have alot to think about, but anything can happen next week I have no idea. We can prepare by combing all the theories and possibilities out there.
I wish you get to your goal! If it runs up just let it go, everyone has their brackets on their needs. Very very few people will predict the top, and who knows if it runs we will see. I think it will though just dont know how much.Honestly, I'll be selling most around $100. I'm over this whole thing and unsure what ape will do. I'll keep 30 or so to hold for something super crazy though.
I understand why people are upset. It’s been a pain in the butt to work our way back up to these share prices. It’s going to hurt to see the share price get cut in half, even if we have a 12 dollar APE.
I dunno what to think, if this forces a share recall and forces shorts to cover since they will owe the lenders APE dividend then I won’t complain, but nobody knows what will happen. I know we need something to happen, I just don’t have much of an opinion but I have no intention of selling below my price targets at the moment. After the 22nd I’ll adjust if I have to.I understand why people are upset. It’s been a pain in the butt to work our way back up to these share prices. It’s going to hurt to see the share price get cut in half, even if we have a 12 dollar APE.
Honestly, I'll be selling most around $100. I'm over this whole thing and unsure what ape will do. I'll keep 30 or so to hold for something super crazy though.
Couple of days, couple of days, ROOOFFFLLLL!!!!!!!!!!!! DDooodoodduuuuulet me check with lou when that $100 is coming
Days ?Couple of days, couple of days, ROOOFFFLLLL!!!!!!!!!!!! DDooodoodduuuuu
He seriously thinks this is going to run up to low hundreds Monday, Tuesday and Wednesday which will give him the opportunity to cash out and then have nothing to do with APE.Days ?
Any second lol
Well, so far he's wrong since it's running the wrong directionHe seriously thinks this is going to run up to low hundreds Monday, Tuesday and Wednesday which will give him the opportunity to cash out and then have nothing to do with APE.
This is my worst case scenario theory. Thinking about it so I’m not that disappointed.For the record, AMC dropping half its value for APE is just a theory, nothing is confirmed. If anyone has concrete evidence please post it, but I see no proof as of now so far. Nobody knows the price. We know it will be registered at a penny, and there is something on the NASDAQ about $4 minimum but to this point, nobody knows anything. AMC might be cut in half, but thats just another theory.
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