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Old 06-27-2016, 11:23 AM  
DaFace DaFace is offline
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Investing megathread extravaganza
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Old 08-12-2021, 11:14 AM   #11026
MTG#10 MTG#10 is offline
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Originally Posted by scho63 View Post
Jim Chanos, one of the greatest short sellers ever went short AMC in the last week.

Be aware-he is smart money
This guy shorting isn't going to make the millions of synthetic shares dissappear, he's the one who should be worried.
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Old 08-12-2021, 12:22 PM   #11027
Chazno Chazno is offline
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Originally Posted by scho63 View Post
Jim Chanos, one of the greatest short sellers ever went short AMC in the last week.

Be aware-he is smart money
Why is he one of the greatest short sellers ever? Everything I read says he generally keeps 1/3 of his portfolio short and it on average loses money. I understand him using it a hedge but where does he get this title?
https://www.yahoo.com/now/short-sell...%25%20annually.

I definitely see how him going to every media outlet that will listen and telling them hes going short and that things are worse than people know while providing no evidence could help him.
Last edited by Chazno; 08-12-2021 at 12:23 PM.. Reason: missed a word
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Old 08-12-2021, 12:33 PM   #11028
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He shorted Enron at the top when everyone thought he was nuts.

He has had some other big winners.

He could easily be wrong. But he is a pretty damn smart investor.
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Old 08-12-2021, 12:34 PM   #11029
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I have no skin in the game on AMC, either long or short. Just a heads up...
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Old 08-12-2021, 12:36 PM   #11030
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Lastly, all this talk about "synthetic" shares sounds like desperate hope.

If the SEC thought there was full scale fraud like so many claim, they would launch an investigation.
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Old 08-12-2021, 12:58 PM   #11031
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Originally Posted by scho63 View Post
Lastly, all this talk about "synthetic" shares sounds like desperate hope.

If the SEC thought there was full scale fraud like so many claim, they would launch an investigation.
It's coming.
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Old 08-12-2021, 01:07 PM   #11032
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I saw The Suicide Squad at an AMC on Tuesday. You're welcome, ****ers.
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Old 08-12-2021, 01:18 PM   #11033
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It's coming.
So's Santa Claus.
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Old 08-12-2021, 01:23 PM   #11034
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Lastly, all this talk about "synthetic" shares sounds like desperate hope.

If the SEC thought there was full scale fraud like so many claim, they would launch an investigation.
They just did a share count where 2 percent of people actually verified their shares and it came out to 67 million shares. There are only 611 million AMC legal shares.
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Old 08-12-2021, 01:33 PM   #11035
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They just did a share count where 2 percent of people actually verified their shares and it came out to 67 million shares. There are only 611 million AMC legal shares.
Fraud in the market and funny business in the dark pools has happened for a long time. As said before, just because it should happen, doesn’t mean it will. Or at least not to the level people are claiming it should.
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Old 08-12-2021, 02:09 PM   #11036
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I've been in and out of PLTR. Scaled out some at $27 then dipped back in around the low $20. Strong revenue reports this week shot it up today.

I know there were some others in here with it. Bust out potential?
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Old 08-12-2021, 04:31 PM   #11037
ChiliConCarnage ChiliConCarnage is offline
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Originally Posted by scho63 View Post
He shorted Enron at the top when everyone thought he was nuts.

He has had some other big winners.

He could easily be wrong. But he is a pretty damn smart investor.
He was short Wirecard a year or two ago when it turned out they were lying about billions that didn't really exist in a bank account. It was one of the bigger German listed companies at that time.

.. course he was short Tesla for like 6 years in a row too.
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Old 08-12-2021, 06:41 PM   #11038
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Originally Posted by ChiliConCarnage View Post
He was short Wirecard a year or two ago when it turned out they were lying about billions that didn't really exist in a bank account. It was one of the bigger German listed companies at that time.

.. course he was short Tesla for like 6 years in a row too.
Sounds like a stock market GURU
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Old 08-12-2021, 07:19 PM   #11039
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Sounds like a stock market GURU
That was before Musk himself said it was overvalued....At 450.
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Old 08-12-2021, 07:28 PM   #11040
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I've been in and out of PLTR. Scaled out some at $27 then dipped back in around the low $20. Strong revenue reports this week shot it up today.

I know there were some others in here with it. Bust out potential?
I am in the green and holding long term.
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