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SVTPerformance's Chain of Restaurants
Road Side Pub
Who’s in on AMC?? STONKS thread
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<blockquote data-quote="Bad500Chris" data-source="post: 16569701" data-attributes="member: 106602"><p>Alright, in case this hasn't been discussed, but I'm sure it has somewhere. The point of GME is that they were so massively over-shorted that they had to squeeze, blah blah blah, by know you know what it is. AMC is not the same, yes it is over shorted, but not to the extent of 140% (now 119%).</p><p></p><p>The point Reddit folks are trying to make is that if you buy and hold the demand will be so far greater than the overall supply of stock. The price will go up. But once the demand lessens, the price will go down.</p><p></p><p>The point isn't to make money, know that if you are putting money in, you are gambling and it's likely it might not do what you think it will.</p><p></p><p>If you plan on buying, you should hold indefinitely, whether it's at $10000 or $0. That way these hedge funds burn because they will never be able to buy back the stock they shorted.</p><p></p><p></p><p></p><p>...all that being said, I bought a handful of shares and will hold forever. [ATTACH=full]1686433[/ATTACH][ATTACH=full]1686434[/ATTACH]</p><p>[ATTACH=full]1686435[/ATTACH]</p><p></p><p>AMC is not the next GME, GME is the next GME.</p></blockquote><p></p>
[QUOTE="Bad500Chris, post: 16569701, member: 106602"] Alright, in case this hasn't been discussed, but I'm sure it has somewhere. The point of GME is that they were so massively over-shorted that they had to squeeze, blah blah blah, by know you know what it is. AMC is not the same, yes it is over shorted, but not to the extent of 140% (now 119%). The point Reddit folks are trying to make is that if you buy and hold the demand will be so far greater than the overall supply of stock. The price will go up. But once the demand lessens, the price will go down. The point isn't to make money, know that if you are putting money in, you are gambling and it's likely it might not do what you think it will. If you plan on buying, you should hold indefinitely, whether it's at $10000 or $0. That way these hedge funds burn because they will never be able to buy back the stock they shorted. ...all that being said, I bought a handful of shares and will hold forever. [ATTACH=full]1686433[/ATTACH][ATTACH=full]1686434[/ATTACH] [ATTACH=full]1686435[/ATTACH] AMC is not the next GME, GME is the next GME. [/QUOTE]
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Who’s in on AMC?? STONKS thread
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