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Played the AMC stonk

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Comments

  • doogie
    doogie Member Posts: 15,072
    in Thailand!??
  • dirtysouwfdawg
    dirtysouwfdawg Member Posts: 14,084
  • BleachedAnusDawg
    BleachedAnusDawg Member Posts: 13,165 Standard Supporter
    Under $45 in after-hours. I predict a pop back up over $50 in early-AM trading.
  • greenblood
    greenblood Member Posts: 14,559

    Under $45 in after-hours. I predict a pop back up over $50 in early-AM trading.

    I think it falls to $40, then it pops
  • greenblood
    greenblood Member Posts: 14,559
    edited July 2021

    Under $45 in after-hours. I predict a pop back up over $50 in early-AM trading.

    I think it falls to $40, then it pops
    Damn…I called that

    Bought more at $41. Really happy about that
  • BleachedAnusDawg
    BleachedAnusDawg Member Posts: 13,165 Standard Supporter
    Seems like this one is done.
  • greenblood
    greenblood Member Posts: 14,559
    Maybe

    I'm still in. I averaged down, and I only have a couple stacks in it, so I'm willing to LIPO.
  • MikeDamone
    MikeDamone Member Posts: 37,781

    Under $45 in after-hours. I predict a pop back up over $50 in early-AM trading.

    I think it falls to $40, then it pops
    Damn…I called that

    Bought more at $41. Really happy about that
    Still happy?
  • greenblood
    greenblood Member Posts: 14,559

    Under $45 in after-hours. I predict a pop back up over $50 in early-AM trading.

    I think it falls to $40, then it pops
    Damn…I called that

    Bought more at $41. Really happy about that
    Still happy?
    I'm not upset. I bought more at $31. Just averaging down with very little leverage. This is simply a short squeeze boom play or $500-$600 loss play. High reward/low risk. I only put around $2k in it and I'm down about $200 right now. It's just something to have fun with. If it booms and makes the news, I'll laugh and buy a hooker with my winnings. If it fails, I'll eat $500-$600 and take the loss.
  • greenblood
    greenblood Member Posts: 14,559

    Under $45 in after-hours. I predict a pop back up over $50 in early-AM trading.

    I think it falls to $40, then it pops
    Damn…I called that

    Bought more at $41. Really happy about that
    Still happy?
    Feeling pretty fucking good right now
  • MikeDamone
    MikeDamone Member Posts: 37,781

    Under $45 in after-hours. I predict a pop back up over $50 in early-AM trading.

    I think it falls to $40, then it pops
    Damn…I called that

    Bought more at $41. Really happy about that
    Still happy?
    Feeling pretty fucking good right now
    #metoo
  • PostGameOrangeSlices
    PostGameOrangeSlices Member Posts: 27,152
    Damn 25%. Wonder if momentum will continue tomorrow. Depending on premarket I might try to play it
  • BleachedAnusDawg
    BleachedAnusDawg Member Posts: 13,165 Standard Supporter
    $32. Shit is over. Hope @backthepack cashed out a while back and is busy doing hookers and blow.
  • greenblood
    greenblood Member Posts: 14,559
    edited August 2021

    $32. Shit is over. Hope @backthepack cashed out a while back and is busy doing hookers and blow.

    Nah, it’s not. Not financial advice, but I’m betting on an earnings stock surge after hours Monday
  • godawgst
    godawgst Member, Swaye's Wigwam Posts: 2,552 Swaye's Wigwam

    $32. Shit is over. Hope @backthepack cashed out a while back and is busy doing hookers and blow.

    Nah, it’s not. Not financial advice, but I’m betting on an earnings stock surge after hours Monday
    Would you play Robinhood, especially after a big down day?

    My plan of attack would be buy 2 minutes b4 the close on a day down 10% of more, then wait and see if the Reddit Warriors are in there the next day buying it up to show they are in charge.
  • greenblood
    greenblood Member Posts: 14,559
    godawgst said:

    $32. Shit is over. Hope @backthepack cashed out a while back and is busy doing hookers and blow.

    Nah, it’s not. Not financial advice, but I’m betting on an earnings stock surge after hours Monday
    Would you play Robinhood, especially after a big down day?

    My plan of attack would be buy 2 minutes b4 the close on a day down 10% of more, then wait and see if the Reddit Warriors are in there the next day buying it up to show they are in charge.
    Institutional investors are playing Robinhood, but the majority of retail investors are staying away. Tough play
  • UW_Doog_Bot
    UW_Doog_Bot Member, Swaye's Wigwam Posts: 18,040 Founders Club

    I don’t care. Money is money. Market fundamentalists are weeping.

    As my prof(who helped invent high frequency trading) enjoyed telling us. In a recession everything tends to be correlated to -1.

    Make sure you're diversifying out of just stocks and crypto while the sun is shining. Buy a shitty starter house or condo. Buy some commodities. Shit, go hang out in rural Thailand for six months while day trading. Bubbles do burst. Have something to show for it when it inevitably does.

    The real value is that you're learning to invest and play the game at a young age.
    I’ll be doing cocaine off coug co-eds backs soon. But yes. Im as diversified as I can be will still maintaining gains with the capital I have.
    Paging @backthepack have you diversified yet? And into what? Hope you didn't sell your cardano during the dip.

    At least tell us you boofed some coke into a coed.
  • greenblood
    greenblood Member Posts: 14,559
    edited August 2021

    I don’t care. Money is money. Market fundamentalists are weeping.

    As my prof(who helped invent high frequency trading) enjoyed telling us. In a recession everything tends to be correlated to -1.

    Make sure you're diversifying out of just stocks and crypto while the sun is shining. Buy a shitty starter house or condo. Buy some commodities. Shit, go hang out in rural Thailand for six months while day trading. Bubbles do burst. Have something to show for it when it inevitably does.

    The real value is that you're learning to invest and play the game at a young age.
    I’ll be doing cocaine off coug co-eds backs soon. But yes. Im as diversified as I can be will still maintaining gains with the capital I have.
    Paging @backthepack have you diversified yet? And into what? Hope you didn't sell your cardano during the dip.

    At least tell us you boofed some coke into a coed.
    Bought a few hundred in cardano at $1.20 range myself. Pretty pumped about that. Also put more money on Matic at .85 range and Chainlink at $15

    I use Coinbase, and I just add $25 here and $50 there. I usually only buy on 5% or more drop days, so haven't bought much in the last week, except for Matic which was still hovering around $1.05 which I thought was still a great buy, and it's as of now $1.40, so I'm pumped about that too. I'm still small potatoes though. I only own about 500 matic and about the same in Cardano.
  • godawgst
    godawgst Member, Swaye's Wigwam Posts: 2,552 Swaye's Wigwam

    I don’t care. Money is money. Market fundamentalists are weeping.

    As my prof(who helped invent high frequency trading) enjoyed telling us. In a recession everything tends to be correlated to -1.

    Make sure you're diversifying out of just stocks and crypto while the sun is shining. Buy a shitty starter house or condo. Buy some commodities. Shit, go hang out in rural Thailand for six months while day trading. Bubbles do burst. Have something to show for it when it inevitably does.

    The real value is that you're learning to invest and play the game at a young age.
    I’ll be doing cocaine off coug co-eds backs soon. But yes. Im as diversified as I can be will still maintaining gains with the capital I have.
    Paging @backthepack have you diversified yet? And into what? Hope you didn't sell your cardano during the dip.

    At least tell us you boofed some coke into a coed.
    Bought a few hundred in cardano at $1.20 range myself. Pretty pumped about that. Also put more money on Matic at .85 range and Chainlink at $15

    I use Coinbase, and I just add $25 here and $50 there. I usually only buy on 5% or more drop days, so haven't bought much in the last week, except for Matic which was still hovering around $1.05 which I thought was still a great buy, and it's as of now $1.40, so I'm pumped about that too. I'm still small potatoes though. I only own about 500 matic and about the same in Cardano.
    Do you think bitcoin's dive from 50k to just below 30 before it's recent bounce washed all the weak hands out of it and vis a vis all the other Crypto currencies?

  • greenblood
    greenblood Member Posts: 14,559
    godawgst said:

    I don’t care. Money is money. Market fundamentalists are weeping.

    As my prof(who helped invent high frequency trading) enjoyed telling us. In a recession everything tends to be correlated to -1.

    Make sure you're diversifying out of just stocks and crypto while the sun is shining. Buy a shitty starter house or condo. Buy some commodities. Shit, go hang out in rural Thailand for six months while day trading. Bubbles do burst. Have something to show for it when it inevitably does.

    The real value is that you're learning to invest and play the game at a young age.
    I’ll be doing cocaine off coug co-eds backs soon. But yes. Im as diversified as I can be will still maintaining gains with the capital I have.
    Paging @backthepack have you diversified yet? And into what? Hope you didn't sell your cardano during the dip.

    At least tell us you boofed some coke into a coed.
    Bought a few hundred in cardano at $1.20 range myself. Pretty pumped about that. Also put more money on Matic at .85 range and Chainlink at $15

    I use Coinbase, and I just add $25 here and $50 there. I usually only buy on 5% or more drop days, so haven't bought much in the last week, except for Matic which was still hovering around $1.05 which I thought was still a great buy, and it's as of now $1.40, so I'm pumped about that too. I'm still small potatoes though. I only own about 500 matic and about the same in Cardano.
    Do you think bitcoin's dive from 50k to just below 30 before it's recent bounce washed all the weak hands out of it and vis a vis all the other Crypto currencies?

    I think more weak hands joined on this recent surge. Crypto is and has always been susceptible to volatile swings on news. Anything negative drives it down, and anything positive drives it up. While stocks are largely manipulated by banks and hedge funds, crypto is highly manipulated by "whales" early investors. These whales generally sell large blocks of crypto on bad news, which creates a temporary panic by paper hand weaklings, then the whales buy them back at cheaper prices. It's been that way for a long time. Crypto more than anything is a stronger buy the steeper that red candle is.
  • greenblood
    greenblood Member Posts: 14,559
    edited August 2021
    godawgst said:

    I don’t care. Money is money. Market fundamentalists are weeping.

    As my prof(who helped invent high frequency trading) enjoyed telling us. In a recession everything tends to be correlated to -1.

    Make sure you're diversifying out of just stocks and crypto while the sun is shining. Buy a shitty starter house or condo. Buy some commodities. Shit, go hang out in rural Thailand for six months while day trading. Bubbles do burst. Have something to show for it when it inevitably does.

    The real value is that you're learning to invest and play the game at a young age.
    I’ll be doing cocaine off coug co-eds backs soon. But yes. Im as diversified as I can be will still maintaining gains with the capital I have.
    Paging @backthepack have you diversified yet? And into what? Hope you didn't sell your cardano during the dip.

    At least tell us you boofed some coke into a coed.
    Bought a few hundred in cardano at $1.20 range myself. Pretty pumped about that. Also put more money on Matic at .85 range and Chainlink at $15

    I use Coinbase, and I just add $25 here and $50 there. I usually only buy on 5% or more drop days, so haven't bought much in the last week, except for Matic which was still hovering around $1.05 which I thought was still a great buy, and it's as of now $1.40, so I'm pumped about that too. I'm still small potatoes though. I only own about 500 matic and about the same in Cardano.
    Do you think bitcoin's dive from 50k to just below 30 before it's recent bounce washed all the weak hands out of it and vis a vis all the other Crypto currencies?

    I have a rule. I only add to my position in a crypto coin on days where the coin has had at least a 5% dip or more over a 24 hour period. Over 10% is ideal.
  • greenblood
    greenblood Member Posts: 14,559
    edited August 2021
    This baby is looking primed. I originally got in late at $58, averaged down to $38.
  • greenblood
    greenblood Member Posts: 14,559
    edited September 2021
    10 million shares shorted today and the price only dipped by .81%. I really like that buying support. Short interest on Ortex has it now at 19.55%. Almost right at where it was when it spiked in early June.

    I like AMC and GME stock because of the community behind them. Other meme stocks are susceptible to more successful short dumps, because they more likely create panic sell offs. But AMC and GME seem to have committed buyers always willing to buy these dips, and it continues to prop up the share price, which I think makes the squeeze that more likely and that more massive. Not financial advice, just my personal preference.
  • backthepack
    backthepack Member Posts: 19,937
    Hell of a power hour
  • greenblood
    greenblood Member Posts: 14,559
    edited September 2021

    Hell of a power hour

    Looks strong as fuck right now. I think there are a lot of shares being held right now just waiting to be sold short. But either case, it's up 62% in the last month.
  • backthepack
    backthepack Member Posts: 19,937

    Hell of a power hour

    Looks strong as fuck right now. I think there are a lot of shares being held right now just waiting to be sold short. But either case, it's up 62% in the last month.
    Made a ton of money off the long term options i bought in the 30s
  • Sources
    Sources Member, Swaye's Wigwam Posts: 4,331 Founders Club
    knocking on the door. Should rally pretty hard if it holds above 49


  • greenblood
    greenblood Member Posts: 14,559
    edited September 2021
    Sources said:

    knocking on the door. Should rally pretty hard if it holds above 49


    I'm a little timid for tomorrow only because there are some options expiring tomorrow, and typically it gets shorted pretty hard on these days. But serious support at $48. If it does breakthrough $49, I think it hits a psychological barrier at $50. But once passed that, I think it could run to $55 in a hurry.

    I got into this trade way late at $58, and averaged down to $38. So, I'm loving how this has turned, because I 'm not going to lie. I was sweating a little when it fell under $29.

    With the fight the shorts have given, if it does squeeze, I think it has potential to be huge.
  • greenblood
    greenblood Member Posts: 14,559

    Sources said:

    knocking on the door. Should rally pretty hard if it holds above 49


    I'm a little timid for tomorrow only because there are some options expiring tomorrow, and typically it gets shorted pretty hard on these days. But serious support at $48. If it does breakthrough $49, I think it hits a psychological barrier at $50. But once passed that, I think it could run to $55 in a hurry.

    I got into this trade way late at $58, and averaged down to $38. So, I'm loving how this has turned, because I 'm not going to lie. I was sweating a little when it fell under $29.

    With the fight the shorts have given, if it does squeeze, I think it has potential to be huge.
    I was wrong about today. Even with the Russell and S&P sell off, AMC was bulletproof. This thing has legs.