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Old 06-27-2016, 11:23 AM  
DaFace DaFace is offline
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Last edited by DaFace; 02-19-2021 at 06:35 PM..
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Old 06-02-2021, 11:18 AM   #9766
lewdog lewdog is offline
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This is one of the most interesting dynamics of how the internet is taking away the advantage for the whales.
Sure is.

This is incredible. Some whales are definitely in on this though. It’s not all retail.
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Old 06-02-2021, 11:19 AM   #9767
MTG#10 MTG#10 is offline
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This is mostly whales, don't kid yourself. Retail alone could not even come close to moving the price like this. And all at once they will coordinate a sell and crash the price. They did the same thing twice with GME.
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Old 06-02-2021, 11:24 AM   #9768
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Sure is.

This is incredible. Some whales are definitely in on this though. It’s not all retail.
Got a trailing stop loss on it?
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Old 06-02-2021, 11:38 AM   #9769
Anyong Bluth Anyong Bluth is offline
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They haven't even covered. Hedgies are buying and dumping to trigger the halts. Retail isn't shaking and selling off scared. This has legsssss
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Old 06-02-2021, 11:39 AM   #9770
Anyong Bluth Anyong Bluth is offline
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Originally Posted by MTG#10 View Post
This is mostly whales, don't kid yourself. Retail alone could not even come close to moving the price like this. And all at once they will coordinate a sell and crash the price. They did the same thing twice with GME.
75% of AMC isn't traded. Just held by retail with reerun strength. That's why they can't own the float
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Old 06-02-2021, 11:46 AM   #9771
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Old 06-02-2021, 11:47 AM   #9772
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Buy & Hold and watch your money grow!
Waiting on the ****ery.
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Old 06-02-2021, 11:47 AM   #9773
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I just looked in my account & I now have over a million in it. This is crazy.
AWESOME!!! I came here just to see this!!
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Old 06-02-2021, 11:52 AM   #9774
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AMC Entertainment Holdings said Wednesday it will launch a new communication platform on Thursday to directly connect with its individual shareholders.

Under AMC's communications initiative, shareholders will receive exclusive promotions, including free or discounted items and invitations to special screenings, as well as communications directly from CEO Adam Aron. Investors who sign up for Investor Connect were promised a free large popcorn when attending a movie this summer.

"AMC Investor Connect will put our company in direct communication with a retail investor shareholder base that owned more than 80% of AMC at last count," said Aron. "We intend to communicate often with these investors, and from time to time provide them with special benefits at our theatres."
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Old 06-02-2021, 11:57 AM   #9775
KChiefs1 KChiefs1 is offline
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It’s doubled today. Crazy.
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Old 06-02-2021, 12:00 PM   #9776
lewdog lewdog is offline
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Quote:
Originally Posted by MTG#10 View Post
This is mostly whales, don't kid yourself. Retail alone could not even come close to moving the price like this. And all at once they will coordinate a sell and crash the price. They did the same thing twice with GME.
Basically this.

So hard to predict how far it goes but the dump will be pretty swift at some point.
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Old 06-02-2021, 12:03 PM   #9777
KChiefs1 KChiefs1 is offline
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$100 by Friday.

https://youtu.be/VayWxBv2fqM
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Old 06-02-2021, 12:08 PM   #9778
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Talk in crypto is money flowing out of there to AMC.

Crypto is pretty stagnant today
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Old 06-02-2021, 12:21 PM   #9779
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Talk in crypto is money flowing out of there to AMC.

Crypto is pretty stagnant today
Guilty as charged here.
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Old 06-02-2021, 12:59 PM   #9780
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I knew the doomsayers would be out in full force.



Most professional strategists are advising retail traders in AMC's stock to be cautious after its latest one-day insane move higher that is completely devoid of fundamental analysis.

"When the music stops, this stock is going to fall hard in my opinion," said Miller Tabak strategist Matt Maley on Yahoo Finance Live. Shares of AMC exploded more than 100% in afternoon trading on Wednesday, leading the way in a renewed bid by retail investors to send meme stocks such as GameStop, popular earlier in the year, back to dizzying new valuation heights.

AMC's stock price was sent into overdrive starting on Tuesday, as the company — which like other meme names has weak fundamentals for a myriad of reasons — unveiled an 8.5 million share sale. The company fetched $230.5 million in the sale to investor Mudrick Capital (which then reportedly sold the stake, saying the stock was overvalued). The movie theater chain has reportedly earmarked the money for the acquisition of closed theaters.

Shares have also been boosted by a favorable box office performance during Memorial Day weekend, experts said.

AMC's market cap now stands at a lofty $30 billion in spite of steep losses through the COVID-19 pandemic and an uncertain post-pandemic life.

Maley added, "Some people may think it [AMC] could go to $50. But if you think that, you are betting on a Tesla-type game plan here where they [AMC] could change the world. I don't see that."

Maley made those comments earlier in the day when AMC shares were trading around $36. As of Wednesday at about 2:45 p.m. ET shares were around $61.
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