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» **OFFICIAL** Trading and Investing Thread: Part XIV -- Reopening Edition
05-25-2021, 12:27 PM
#2251
Originally Posted By dj006xx⏩
My man , Same but more GME. Been in the game since $40.
Damn! Meanwhile I was swing trading it back then… fml. Not this time.
Originally Posted By Carbonfibre⏩
Its shorted stock so always has chance to squeeze,
For the company itself its x100 worse than GME to hold.
AMC is bleeding cash, its dead as it can be.
Treat it as meme stock nothing more.
I have no targets for AMC…to me it feels like hertz.
Also don't take my advice. Meme stocks are meme stocks. Could go up 50% today down 50% tmmrw.
amc vs gme
For the company itself its x100 worse than GME to hold.
AMC is bleeding cash, its dead as it can be.
Treat it as meme stock nothing more.
I have no targets for AMC…to me it feels like hertz.
Also don't take my advice. Meme stocks are meme stocks. Could go up 50% today down 50% tmmrw.
amc vs gme
Even though they are out of debt now, wanda sold their shares, and no share offering any time soon? Huge community behind it compared to hertz. They could possibly pivot now that they are able and not shorted into oblivion.
Seems gme is farther from it's actual value than amc currently. I think they both COULD make it if they make the right business adjustments.
Quote
05-25-2021, 12:36 PM
#2252
feel like selling most my stocks and just keeping gme and amc
these have a better chance of doubling my money than these 25% gain stocks in a year
these have a better chance of doubling my money than these 25% gain stocks in a year
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05-25-2021, 12:38 PM
#2253
Originally Posted By lntense⏩
Even though they are out of debt now, wanda sold their shares, and no share offering any time soon? Huge community behind it compared to hertz. They could possibly pivot now that they are able and not shorted into oblivion.
Seems gme is farther from it's actual value than amc currently. I think they both COULD make it if they make the right business adjustments.
Even though they are out of debt now, wanda sold their shares, and no share offering any time soon? Huge community behind it compared to hertz. They could possibly pivot now that they are able and not shorted into oblivion.
Seems gme is farther from it's actual value than amc currently. I think they both COULD make it if they make the right business adjustments.
AMC float is massive 420 million shares.
So volume will always be insane on AMC average daily is 90 million.
When AMC hit $20 January there was 1.2 billion shares traded that day. (that is no error billion shares traded)
At that time AMC short interest was 50ish million.
Its even higher now.
It can squeeze no doubt about it but it can crash hard. (that includes GME too)
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05-25-2021, 12:43 PM
#2254
Originally Posted By MikeLowrrrey⏩
he really believes in the the project and is fine holding it for a couple of years. i dont understand tbh, 2 million USD is life changing amount of money tbh
Why not cash out now at $1.5 million? He could take $50,000 and flip it through multiple coins. Hope he doesn't lose it.
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05-25-2021, 12:44 PM
#2255
Originally Posted By Carbonfibre⏩
high risk high reward lets get it buss it
AMC float is massive 420 million shares.
So volume will always be insane on AMC average daily is 90 million.
When AMC hit $20 January there was 1.2 billion shares traded that day. (that is no error billion shares traded)
At that time AMC short interest was 50ish million.
Its even higher now.
It can squeeze no doubt about it but it can crash hard. (that includes GME too)
So volume will always be insane on AMC average daily is 90 million.
When AMC hit $20 January there was 1.2 billion shares traded that day. (that is no error billion shares traded)
At that time AMC short interest was 50ish million.
Its even higher now.
It can squeeze no doubt about it but it can crash hard. (that includes GME too)
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05-25-2021, 12:44 PM
#2256
105k calls ITM on AMC…
yikes
yikes
"Paper money is going away" - EM
05-25-2021, 12:48 PM
#2257
Originally Posted By camaleom⏩
fukk gammas gunna gamma next week?
105k calls ITM on AMC…
yikes
yikes
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05-25-2021, 12:49 PM
#2258
Originally Posted By Abzu⏩
Now is a good time to buy some oil if you have not already, I think 62.60 was the likely bottom before the summer boom.
If it does go lower, it will bounce from about ~61.
Pretty sure I called this earlier.
If it does go lower, it will bounce from about ~61.
Pretty sure I called this earlier.
Originally Posted By Abzu⏩
Yeah, I'm very bullish on oil but I think I need to offer some balance here.
I don't expect oil to go below ~$61 but I estimate the current bottom to be about $57. If it goes there, you will be able to enter some oil positions and it should come back up to ~$60 very quickly. I'd say the current top is about ~$66.5 but oil should blow past that this summer and be able to sustain higher prices for a while.
Outside of another pandemic, I cant think of many ways oil loses. 2021 should be a good year but it would be a lot better if government didn't delay things like schools reopening and ending extra unemployment benefits. I think 2022 will be an especially good year.
Oil bottoms at ~61.63 on 05-20-21 and ~61.59 on 05-21-21, it is now topping at ~66.49.
Yeah, I'm very bullish on oil but I think I need to offer some balance here.
I don't expect oil to go below ~$61 but I estimate the current bottom to be about $57. If it goes there, you will be able to enter some oil positions and it should come back up to ~$60 very quickly. I'd say the current top is about ~$66.5 but oil should blow past that this summer and be able to sustain higher prices for a while.
Outside of another pandemic, I cant think of many ways oil loses. 2021 should be a good year but it would be a lot better if government didn't delay things like schools reopening and ending extra unemployment benefits. I think 2022 will be an especially good year.
For my next prediction, oil is about to break the 66.50 resistance and head towards ~68.
I'm basically a prophet at this point.
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05-25-2021, 12:49 PM
#2259
tomorrow market makers need to start locating those shares… we can see another spike tomorrow…
"Paper money is going away" - EM
05-25-2021, 12:51 PM
#2260
Originally Posted By MotorCityCobra⏩
Well if he already mentioned he'll cash out in a few years when he thinks it will be worth $10million+, seems like he's just being greedy. It could go up to $10million and he'll be all "no I just really like this project, I'll sell in a few years when it's $50million"
he really believes in the the project and is fine holding it for a couple of years. i dont understand tbh, 2 million USD is life changing amount of money tbh
Ride that roller coaster right to the top and then back down to the bottom. If you're smart then you do what thatsnarf did: pick a number, cash out at that point, don't let emotions get in the way, and don't look back.
05-25-2021, 12:51 PM
#2261
Originally Posted By MotorCityCobra⏩
Most folks can barely scrounge up 1 million USD for retirement lol. Big chance he's taking, if it tanks that regret will be brutal.
he really believes in the the project and is fine holding it for a couple of years. i dont understand tbh, 2 million USD is life changing amount of money tbh
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05-25-2021, 12:55 PM
#2262
Originally Posted By camaleom⏩
105k calls ITM on AMC…
yikes
yikes
careful how you view that.
there is very little chance those will get exercised. (actually no chance)
most popular way to trade options is buy to open and sell to close.
say for example AMC $15C.
if someone this morning bought 100 calls at $0.5 and now its $1.65 you're not going wait for tmmrw you will sell for profit. close the position.
that open interest is tell tell sign that nobody is gonna see and wait. profit is profit.
you just turned $5K to $16.5K. you gtfo out of there.
ie
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05-25-2021, 12:56 PM
#2263
https://nft.gamestop.com/
interdasting
https://nft.gamestop.com/runner.html
cat in space , on the moon jump over rockets………………….
https://nft.gamestop.com/runner.html
cat in space , on the moon jump over rockets………………….
05-25-2021, 12:58 PM
#2264
^^^^ thx for the clarification
I guess we will need to see the numbers tomorrow morning to see how things are playing out
I guess we will need to see the numbers tomorrow morning to see how things are playing out
"Paper money is going away" - EM
05-25-2021, 01:02 PM
#2265
VIX is moved up a bit due to GME and AMC.
GME opening tmmrw $250 and AMC $18-19 would be nuts.
GME opening tmmrw $250 and AMC $18-19 would be nuts.
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05-25-2021, 01:06 PM
#2266
Originally Posted By Destor⏩
Well if he already mentioned he'll cash out in a few years when he thinks it will be worth $10million+, seems like he's just being greedy. It could go up to $10million and he'll be all "no I just really like this project, I'll sell in a few years when it's $50million"
Ride that roller coaster right to the top and then back down to the bottom. If you're smart then you do what thatsnarf did: pick a number, cash out at that point, don't let emotions get in the way, and don't look back.
Ride that roller coaster right to the top and then back down to the bottom. If you're smart then you do what thatsnarf did: pick a number, cash out at that point, don't let emotions get in the way, and don't look back.
Originally Posted By MikeLowrrrey⏩
I agree completely, i told him to cash out when he was at 100k USD in profits in january/february this year lmao. He truly has diamond hands. Recently the altcoin had a drastic crash it fell like 70% off the recent highs. now its 50% down from his recent high and at that he had 2.7 million USD. he should have cashed out about 80-90% at that point imo
Most folks can barely scrounge up 1 million USD for retirement lol. Big chance he's taking, if it tanks that regret will be brutal.
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05-25-2021, 01:13 PM
#2267
fuark amc and gme pumping hard
congrats to those in amc since the other week. big money
congrats to those in amc since the other week. big money
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05-25-2021, 01:14 PM
#2268
AMC almost hit $17
1 step closer
1 step closer
05-25-2021, 01:21 PM
#2269
Originally Posted By smashedurgfx10⏩
Bought around $4, didn't buy enough. Wish I had bought Hertz, considered it…
fuark amc and gme pumping hard
congrats to those in amc since the other week. big money
congrats to those in amc since the other week. big money
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05-25-2021, 01:25 PM
#2270
Originally Posted By smashedurgfx10⏩
mehhh not big money yet…
fuark amc and gme pumping hard
congrats to those in amc since the other week. big money
congrats to those in amc since the other week. big money
if we hit at least 5x then yeah we make some gooood money but a few $ ain't make much unless you threw 100-200k at it lol
a few k profit don't hurt tho lol
"Paper money is going away" - EM
05-25-2021, 02:09 PM
#2271
Originally Posted By camaleom⏩
+23k today
mehhh not big money yet…
if we hit at least 5x then yeah we make some gooood money but a few $ ain't make much unless you threw 100-200k at it lol
a few k profit don't hurt tho lol
if we hit at least 5x then yeah we make some gooood money but a few $ ain't make much unless you threw 100-200k at it lol
a few k profit don't hurt tho lol
Feels a lot better sitting on up 30k this week vs down 30k two weeks ago
Edit: after hours starting to rip now too
05-25-2021, 03:24 PM
#2272
Originally Posted By TugOfPeace⏩
So far a technical breakout after 14.50. Gamma squeeze hasn’t even started.
Jealous of anyone who had a large position in AMC prior to this squeeze. Back when the market was crazy I bought 2000 shares at $7 one evening, and it reached $25 in premarket the next day. Crazy chit.
Stepped away for an hour and came back and it’s over $17. Damn boyos!
AMC by a long shot has offset any negatives in my portfolio.
05-25-2021, 03:27 PM
#2273
Originally Posted By Carbonfibre⏩
Think they will
VIX is moved up a bit due to GME and AMC.
GME opening tmmrw $250 and AMC $18-19 would be nuts.
GME opening tmmrw $250 and AMC $18-19 would be nuts.
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05-25-2021, 03:28 PM
#2274
looks like the coins are coming back.
I added a half ETH on the dip because I have nothing else going on in my life, so fuk it.
stonks are stable.
I added a half ETH on the dip because I have nothing else going on in my life, so fuk it.
stonks are stable.
Spoiler alert; you die at the end.
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05-25-2021, 03:29 PM
#2275
Originally Posted By Duckliver⏩
feels good man.
+23k today
Feels a lot better sitting on up 30k this week vs down 30k two weeks ago
Edit: after hours starting to rip now too
Feels a lot better sitting on up 30k this week vs down 30k two weeks ago
Edit: after hours starting to rip now too
20k day is the GOAT.
Spoiler alert; you die at the end.
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05-25-2021, 04:14 PM
#2276
Originally Posted By Duckliver⏩
u went in big - nice gains!!!
+23k today
Feels a lot better sitting on up 30k this week vs down 30k two weeks ago
Edit: after hours starting to rip now too
Feels a lot better sitting on up 30k this week vs down 30k two weeks ago
Edit: after hours starting to rip now too
"Paper money is going away" - EM
05-25-2021, 04:33 PM
#2277
Currently up $95 for the day.
Fukyeah
Fukyeah
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05-25-2021, 07:48 PM
#2278
At what price you guys are selling AMC and GME? I have 250 AMC and 5 GME? Bought them dirt cheap.
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05-25-2021, 08:03 PM
#2279
Originally Posted By MinisterOfLust⏩
wait for the squeeze
At what price you guys are selling AMC and GME? I have 250 AMC and 5 GME? Bought them dirt cheap.
gme SI is over 100% still
05-25-2021, 08:15 PM
#2280
Originally Posted By MinisterOfLust⏩
almost 500 shares gme. selling no less than 10-100k depends on how price play,maybe save 50% for diamondhandz and cashout 250 @ 10k to retire with 1.5 after taxes.
At what price you guys are selling AMC and GME? I have 250 AMC and 5 GME? Bought them dirt cheap.
SAME THING FOR 4 MONTHS,
TO THE ****IN MOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO OOOOOOOOOOON
FOMO *******S ITS YOUR ANOTHER CHANCE TO SELL YOUR 15% ROI PORTFOLIO AND JUMP IN WHILE YOU CAN !
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