Stocks
- Thread starter GreenMachineX
- Start date
ax1
Legend
It's going great so far. Just don't overstay your welcome. LOL
At least by now you probably made back the losses from CLNV. That is success!
I should bet $10 it doesn't hit $10LOL
CLNV was bad, but for now its made up its losses so that was a great thing to let go and move on to whats hot. Hopefully I hit my target but it sure is going to take alot after a push from .59 where I started.
Any other takers on that bet? Im passing on this one lol.
GQdaLEGEND
Legend
AMC sentiment on the streets right now
From $500k to $100k to $900
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From $500k to $100k to $900
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GreenMachineX
Well-known member
I hate to be a Negative Nancy, but...don't see how. Dilution is the key to both saving the company's and killing the squeeze.
BamBam54
Well-known member
GQdaLEGEND
Legend
yeah moass is dead .. now just hope for in a year you double up your money if avg is under $15
ax1
Legend
Dont really see that happening here just yet, only going up imo but ya never know. Glad I got my house in 2018 thats for sure.
GQdaLEGEND
Legend
michael burry just yeserday put most of his money in SPY puts .. i believe hes predicting another housing market crash
i know hes wrong most of the time lol but he was right once when to call housing market collapse
which would mean higher rates hopefully meaning these hedgies will stop borrowing at higher rates and start to close position
HOPE .. just hope
Dustin07
Legend
I don't think we'll see a legit housing crash as much as stagflation. we might see a little more dip, but rates have already increased so much that when we finally listen to these indicators, we can reverse rates to spur some money back into the system.
The real issues I see is that inflation is here to stay. Many people don't understand that a 3.2% rate in July doesn't mean that prices are going down, they're just going up slower and everything officially costs 20-30% more now than it did 2 years ago. The only way to fix that is increase incomes, but that's not happening and the small increases people are seeing are eaten by inflation and fuel.
The other issue is that we are living in a false economy. I keep seeing articles talking about how strong the U.S. consumer is. Well, that's cause everyone is spending like they did 3 years ago but with half the money. We are at record high credit card balances and this year we have seen a massive increase in gen X and millennials tapping their retirement accounts for daily expenses as well as taking out increased 401k loans.
so we aren't a strong consumer, we are consuming via debt while savings accounts continue to crater. not good. but things can be reversed.
The real issues I see is that inflation is here to stay. Many people don't understand that a 3.2% rate in July doesn't mean that prices are going down, they're just going up slower and everything officially costs 20-30% more now than it did 2 years ago. The only way to fix that is increase incomes, but that's not happening and the small increases people are seeing are eaten by inflation and fuel.
The other issue is that we are living in a false economy. I keep seeing articles talking about how strong the U.S. consumer is. Well, that's cause everyone is spending like they did 3 years ago but with half the money. We are at record high credit card balances and this year we have seen a massive increase in gen X and millennials tapping their retirement accounts for daily expenses as well as taking out increased 401k loans.
so we aren't a strong consumer, we are consuming via debt while savings accounts continue to crater. not good. but things can be reversed.
GQdaLEGEND
Legend
nice will look into it .. thanks.
GQdaLEGEND
Legend
GQdaLEGEND
Legend
BamBam54
Well-known member
GQdaLEGEND
Legend
Thursday
woohooo hump dayyyyyyyyyyy
ax1
Legend
The dividend is last day this month (which catalyst to look for is people needed it to settle by the 31st) but tomorrow morning Roger has an investor meeting, his first talk since posting about the Singaporean Supreme Court dividend approval on that real estate he ownes.
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ax1
Legend
HAhaha, Kenny wrote that himself??? LMFAO!!!!
GQdaLEGEND
Legend
ax1
Legend
You want to have your shares settled by record date of 31st, so technically you would have to buy them 2 days before, but I was screwed by Ameritrade once when I had my CLNV take 3 days to settle.
ax1
Legend
We need support for GNS at 1.12-1.17 or so, it bounced twice already in the last few days, if it breaks under that I can see potential of sub $1, but if it consolidates out or bounces a 3rd time Id feel slightly safer.
Id love to see this keep consolidating the rest of the week and hope for a slower move up next week and in a perfect world Id hit my $4 target before record date to sell some but Im just dreaming right now.
Id love to see this keep consolidating the rest of the week and hope for a slower move up next week and in a perfect world Id hit my $4 target before record date to sell some but Im just dreaming right now.
ax1
Legend
That was the least of your screwings from CLNV...
They blew that one, all the brokerages took advantage of a loophole in the papers and never issues restricted dividends. Actually Im suprised CLNV even went that low as the company keeps making deals and growing but we live in a crazy world right now.
GQdaLEGEND
Legend
what type of dividend is this ? digital that well never see or get .. or something like GTII which cant touch for 6months ( which i prefer ) cant wait for them to be added on
ax1
Legend
He is pulling off for the first time what everyone else was talking about last year, issuing a true dividend of value on the blockchain threw upstream with Shareintel and lawyers paying attention at the share counts.
I dunno if Ill hold that long to find out, maybe some I really dunno but this is an interesting story at least. Roger is ahead of everybody here.
ax1
Legend
There are going to be a spinoff stock of his real estate worth some 38 million dollars. Stock is called $ERL. Its going to be issued blockchain through Upstream. And yes they wont be unlocked for trading for at least 6 months. Stock is already listed on the MERJ exchange.
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ax1
Legend
Webull is showing 40 million free float, Roger is a major holder and promised to lock his shares away.
At 50 cents that alone makes me break almost even, but its really about forced settlement and naked short covering than anything.
Roger owns 33% of the entire float and has promised not to dilute until these issues are resolved, but I wouldnt trust any CEO.
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GQdaLEGEND
Legend
Now lets compare AMC .. lol
Yahoo info
Shares outstanding : 519.19M
Float : 1.42B
Webull > Free float 1.9B
Yahoo info
Shares outstanding : 519.19M
Float : 1.42B
Webull > Free float 1.9B
BamBam54
Well-known member
GQdaLEGEND
Legend
Before or after the double secret reverse split??
seems like before and APE factored .. iono how the hell can it get to Billions without it .. who knows what information we are being fed
damn crazy just turned green .. 40% of float on loan now and retailers fighting in court saying the real votes arent being counted ( i believe article came out yesterday )
GQdaLEGEND
Legend
Look at this one month chart .. how it was so staying for 3+ weeks
thought it was pretty amazing to see, never seen it something like this for this long
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thought it was pretty amazing to see, never seen it something like this for this long
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ax1
Legend
Thats the stock that short squeezed to $2,555 in a single day last august.
GQdaLEGEND
Legend
ax1
Legend
Could also have been some insiders with some info that squeezed the shorts out, we will never know.