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#11866 |
Forever Royal
Join Date: Mar 2012
Casino cash: $-1668700
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Posts: 26,458
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#11867 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $-1358100
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Posts: 46,300
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#11868 |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $-1429523
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Posts: 40,646
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#11869 |
I'll be back.
Join Date: Nov 2002
Casino cash: $1030478
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Better to buy too soon than too late.
I won't lose money on this you son of a bitch.
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Chiefs game films |
Posts: 296,717
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#11870 |
Supporter
Join Date: Feb 2005
Location: Olathe, Ks
Casino cash: $-875873
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Looking at AMC chart,,,,risky trade,,,,might look to buy at $27 or just under and ride it up to low $30's if I were a trader
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Posts: 132,259
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#11871 |
I'll be back.
Join Date: Nov 2002
Casino cash: $1030478
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commatard on the loose!
definitely dumping AMC if commatard is buying.
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Chiefs game films |
Posts: 296,717
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#11872 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $-1358100
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Posts: 46,300
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#11873 |
Forever Royal
Join Date: Mar 2012
Casino cash: $-1668700
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Why are people so focused on amc?
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Posts: 26,458
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#11874 |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $-1429523
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I'm getting so ****ing excited!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
I've got to go clean black mold from a rental now. BTW I bought MOAR!!!!!!!!! |
Posts: 40,646
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#11875 |
Kind of a mod
Join Date: Aug 2005
Location: Donkey Land
Casino cash: $-1653101
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It's a "get rich quick" play under the belief that eventually it will cause a short squeeze and go through the roof (though we've been waiting for that for like 6 months now).
Beyond that, some are just trying to make a little money on the volatility. It's basically cycled back and forth between ~$30 and ~$50 for months now, so if you figure that can continue, you can buy on the low end and sell on the high end. Of course, it's probably truly only worth about ~$2, so you run the risk of it crashing down to earth at some point. |
Posts: 53,117
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#11876 | |
Forever Royal
Join Date: Mar 2012
Casino cash: $-1668700
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Quote:
I get the volatility aspect but there are plenty of big movers to consider that aren’t talked about as much. Seems like maybe it consists of people upset they missed the huge growth. |
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Posts: 26,458
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#11877 | |
I'll be back.
Join Date: Nov 2002
Casino cash: $1030478
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Quote:
You buy it when it's going up it might get dumped shortly thereafter. Good way to become a goddamn bag holder. I'd rather play it conservatively. I'll buy at 52-week or 6-month lows and bet on it going up in the short term. That has worked well for me.
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Chiefs game films |
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Posts: 296,717
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#11878 |
Supporter
Join Date: Feb 2005
Location: Olathe, Ks
Casino cash: $-875873
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I am not liking this market at all. Heavy selling into every up move. Market internals look like shit, overblown fear about Omicron......
If you are a long term investor I would be ready to start dipping in but I would go slow.... |
Posts: 132,259
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#11879 |
Supporter
Join Date: Feb 2005
Location: Olathe, Ks
Casino cash: $-875873
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we push much lower and we are going to have an outside day which can be good but yet still not good..
What is an outside day, you ask?? https://www.investopedia.com/terms/o...dereversal.asp |
Posts: 132,259
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#11880 | |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $-1358100
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Quote:
It’s what most people think and it’s why 90% of traders lose. A “cheap” stock is many times cheap for a reason and it’s harder for individual stocks to reverse a trend than continue a current one. That’s why you buy stocks while they trend higher and set stop losses on moves up to decrease downside risk and lock in made gains. It’s ok if you don’t want to learn though. I’ve provided plenty of education in here and some people just prefer guessing without a plan, which is how you become a bag holder. |
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Posts: 46,300
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