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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 06-02-2021, 12:00 PM   #9796
lewdog lewdog is offline
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This is mostly whales, don't kid yourself. Retail alone could not even come close to moving the price like this. And all at once they will coordinate a sell and crash the price. They did the same thing twice with GME.
Basically this.

So hard to predict how far it goes but the dump will be pretty swift at some point.
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Old 06-02-2021, 12:03 PM   #9797
KChiefs1 KChiefs1 is offline
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$100 by Friday.

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Old 06-02-2021, 12:08 PM   #9798
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Talk in crypto is money flowing out of there to AMC.

Crypto is pretty stagnant today
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Old 06-02-2021, 12:21 PM   #9799
crispystl crispystl is offline
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Talk in crypto is money flowing out of there to AMC.

Crypto is pretty stagnant today
Guilty as charged here.
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Old 06-02-2021, 12:59 PM   #9800
KChiefs1 KChiefs1 is offline
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I knew the doomsayers would be out in full force.



Most professional strategists are advising retail traders in AMC's stock to be cautious after its latest one-day insane move higher that is completely devoid of fundamental analysis.

"When the music stops, this stock is going to fall hard in my opinion," said Miller Tabak strategist Matt Maley on Yahoo Finance Live. Shares of AMC exploded more than 100% in afternoon trading on Wednesday, leading the way in a renewed bid by retail investors to send meme stocks such as GameStop, popular earlier in the year, back to dizzying new valuation heights.

AMC's stock price was sent into overdrive starting on Tuesday, as the company — which like other meme names has weak fundamentals for a myriad of reasons — unveiled an 8.5 million share sale. The company fetched $230.5 million in the sale to investor Mudrick Capital (which then reportedly sold the stake, saying the stock was overvalued). The movie theater chain has reportedly earmarked the money for the acquisition of closed theaters.

Shares have also been boosted by a favorable box office performance during Memorial Day weekend, experts said.

AMC's market cap now stands at a lofty $30 billion in spite of steep losses through the COVID-19 pandemic and an uncertain post-pandemic life.

Maley added, "Some people may think it [AMC] could go to $50. But if you think that, you are betting on a Tesla-type game plan here where they [AMC] could change the world. I don't see that."

Maley made those comments earlier in the day when AMC shares were trading around $36. As of Wednesday at about 2:45 p.m. ET shares were around $61.
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Old 06-02-2021, 01:04 PM   #9801
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I just looked in my account & I now have over a million in it. This is crazy.
This may be the Chiefsplanet story of the year.
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Old 06-02-2021, 02:03 PM   #9802
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A very successful day.

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Old 06-02-2021, 02:04 PM   #9803
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This may be the Chiefsplanet story of the year.

I became a millionaire in one day. Crazy.

$429,000 to $1,065,424 in one day.
Last edited by KChiefs1; 06-02-2021 at 02:09 PM..
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Old 06-02-2021, 02:14 PM   #9804
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Well I'm not bummed about selling AMC at $26 last week. Mostly because I only owned 20 shares
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Old 06-02-2021, 02:15 PM   #9805
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I became a millionaire in one day. Crazy.

$429,000 to $1,065,424 in one day.
Pulling for you to stay one...keep your ear to the ground.
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Old 06-02-2021, 02:35 PM   #9806
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If anyone feels like it's too late to get in on AMC, BB looking like a great candidate for the next squeeze with a lot of retail support.
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Old 06-02-2021, 02:48 PM   #9807
KChiefs1 KChiefs1 is offline
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Tomorrow?

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Old 06-02-2021, 02:50 PM   #9808
KChiefs1 KChiefs1 is offline
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Pulling for you to stay one...keep your ear to the ground.

Thanks dude! Craziest day of my long life.

I know there’s that urge but I have complete faith this is going over $100 big time.
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Old 06-02-2021, 04:30 PM   #9809
MTG#10 MTG#10 is offline
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YOLO'ed $20k into BB after hours @ 14.81. I'm either going to be very happy tomorrow or suicidal.
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Old 06-02-2021, 04:31 PM   #9810
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YOLO'ed $20k into BB after hours @ 14.81. I'm either going to be very happy tomorrow or suicidal.
whats up with BB?
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