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03-22-2022, 08:18 PM | #12631 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $-148100
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When are you planning on selling to lock in profits though? You've even said it yourself, AMC isn't some long term play you're holding to retirement.
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03-22-2022, 08:39 PM | #12632 |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $-239523
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Tomorrow may be real interesting for AMC
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Posts: 40,658
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03-22-2022, 08:40 PM | #12633 |
I'll be back.
Join Date: Nov 2002
Casino cash: $2620478
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I'm selling at 40.
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03-22-2022, 08:44 PM | #12634 |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $-239523
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Posts: 40,658
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03-22-2022, 08:45 PM | #12635 |
I'll be back.
Join Date: Nov 2002
Casino cash: $2620478
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I'll regret keeping it if it dips this low again. I ain't ****ing around this time.
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Posts: 289,380
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03-22-2022, 08:47 PM | #12636 | |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $-239523
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Quote:
There's 128 million shares that HAVE to be purchased to cover short positions on a 516 million share float that the retail is sitting on at least 4 Billion shares. Something has to give at some point and I hope it gives soon, like tomorrow. Word is that cash has all but dried up and several of the (MEME) stocks are moving. Last edited by Hog's Gone Fishin; 03-22-2022 at 09:02 PM.. |
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Posts: 40,658
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03-23-2022, 04:23 AM | #12637 |
Mammoth penis
Join Date: May 2006
Location: Springfield
Casino cash: $7174386
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I have limit orders for different lots starting at $50/share all the way to $1000. If all of those trigger I'll still have 100 left over in case something insane happens.
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03-23-2022, 06:45 AM | #12638 |
Supporter
Join Date: Feb 2005
Location: Olathe, Ks
Casino cash: $704127
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Yesterday was the first day where all the price action on the SPYs was above the 200 day SMA.
I am not going to say the long term down trend is over but I have signals pointing that way and that show at least the short term down trend is over. We could head back down today on a daily basis the strength of the down trend has come down a lot. |
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03-23-2022, 08:35 AM | #12639 |
Kind of a mod
Join Date: Aug 2005
Location: Donkey Land
Casino cash: $-63101
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Can we at least get a deadline after which we can stop hearing about AMC after it once again fails to do anything? We've been hearing about it going to the moon for at least 9 months now.
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03-23-2022, 08:42 AM | #12640 | |
Starter
Join Date: Feb 2009
Location: Arkansas
Casino cash: $7855815
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Quote:
My outsiders perspective is that WSB followers are using a combination of one-sided facts and jargon to convince themselves/others that meme stonks are sound investments. It feels similar to the political landscape. |
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03-23-2022, 08:58 AM | #12641 |
Kind of a mod
Join Date: Aug 2005
Location: Donkey Land
Casino cash: $-63101
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For the record, I looked back, and the AMC talk started shortly after the GME spike last year. So yeah, we're now over a year of constantly about this bullshit.
Look, if it actually ever goes to the moon? Sure. Let's talk. Hell, if it ever touches $50 again that would be notable. But stop hyping it every time it jumps up $3 and then going dead silent when it loses another $10. I'm nearing the point of thread banning people for it. It's completely antithetical to the purpose of a thread to talk about investing strategy. |
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03-23-2022, 09:15 AM | #12642 | |
Fish are scared of me
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Casino cash: $-239523
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Quote:
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03-23-2022, 09:34 AM | #12643 |
Kind of a mod
Join Date: Aug 2005
Location: Donkey Land
Casino cash: $-63101
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By all means, if someone wants to create an official memestocks thread, I think it would make all of us happier.
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Posts: 52,578
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03-23-2022, 09:49 AM | #12644 |
Mammoth penis
Join Date: May 2006
Location: Springfield
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03-23-2022, 09:59 AM | #12645 |
Kind of a mod
Join Date: Aug 2005
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