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Old 06-27-2016, 11:23 AM  
DaFace DaFace is offline
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Old 05-12-2021, 02:46 PM   #9451
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Originally Posted by MTG#10 View Post
Every time I think the market can't get any worse it says "hold my beer".

UWMC finally having a good day though, guess you gotta enjoy the small victories.
Your n00bness is showing again.

We’ve explained in this thread (multiple times) that if you’re down 25%+ on positions it’s because you ignored risk management strategies. Stocks, especially growth stocks are volatile. They don’t move in linear patterns.
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Old 05-12-2021, 02:55 PM   #9452
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Originally Posted by lewdog View Post
Your n00bness is showing again.

We’ve explained in this thread (multiple times) that if you’re down 25%+ on positions it’s because you ignored risk management strategies. Stocks, especially growth stocks are volatile. They don’t move in linear patterns.


This market is trash and has been for a while now. There's no debating that. Growth stocks have always been volatile...the market is still trash.
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Old 05-12-2021, 02:59 PM   #9453
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This market is trash and has been for a while now. There's no debating that. Growth stocks have always been volatile...the market is still trash.
Will you address Buehler’s comments?
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Old 05-12-2021, 03:07 PM   #9454
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Obviously its not the worst in can get, I've never once claimed that. Believe me, I wish it was.
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Old 05-12-2021, 04:27 PM   #9455
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Love the drama. When the market tanks, just means something is a red tag sale. Take advantage and buy......
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Old 05-12-2021, 05:08 PM   #9456
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Love the drama. When the market tanks, just means something is a red tag sale. Take advantage and buy......
Yes and no.

On larger pullbacks I’ll only add to long positions on companies with good fundamentals. On larger pullbacks like this I don’t initiate short term positions. There’s too much risk and short term trading should only follow market momentum.
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Old 05-12-2021, 06:17 PM   #9457
Hog's Gone Fishin Hog's Gone Fishin is online now
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Has everybody given up on AMC? I had sold off most but recently nibbled a little more back into my portfolio. I think I'm at 250 shares. When it goes to 100K/share I'll be OK.
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Old 05-12-2021, 06:30 PM   #9458
Anyong Bluth Anyong Bluth is offline
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Originally Posted by Hog's Gone Fishin View Post
Has everybody given up on AMC? I had sold off most but recently nibbled a little more back into my portfolio. I think I'm at 250 shares. When it goes to 100K/share I'll be OK.

Hell no, with short lend fee hitting at least 89% today, and the steady creep upwards as volume is jumping. Between that and my play for Hertz @ $1.16, I did quite nicely today in spite of the small bloodbath all around.

With AMC, it's not going to implode, and even legitimately it's probably undervalued now that they are ramping back up for Summer blockbuster season.
The risk vs upside seems silly given the price that couldn't be more friendly.
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Old 05-12-2021, 07:13 PM   #9459
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Damn, after watching a few different videos on AMC and checking the stocktwits gang, it seems to be getting real close to doing whatever its gonna do and those idiots are talking 10k to 100k a share. Damn people are dumb.

Buying more tomorrow.
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Old 05-12-2021, 07:18 PM   #9460
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Originally Posted by Hog's Gone Fishin View Post
Damn, after watching a few different videos on AMC and checking the stocktwits gang, it seems to be getting real close to doing whatever its gonna do and those idiots are talking 10k to 100k a share. Damn people are dumb.

Buying more tomorrow.
You honestly believe all that? They’ve been saying all that for awhile and nothing close has happened.
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Old 05-12-2021, 07:35 PM   #9461
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You honestly believe all that? They’ve been saying all that for awhile and nothing close has happened.
It's gotta all be true. AMC was the only green stock today. How could 100,000 people be wrong at the same time!
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Old 05-12-2021, 07:40 PM   #9462
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It's gotta all be true. AMC was the only green stock today. How could 100,000 people be wrong at the same time!
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Old 05-12-2021, 07:41 PM   #9463
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All the other stocks are crashing because the hedge funds are having to sell them just to cover AMC . It's true and on youtubes.
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Old 05-12-2021, 07:42 PM   #9464
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How could 100,000 people be wrong at the same time!
They all disagreed with my wife?
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Old 05-12-2021, 07:43 PM   #9465
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All the other stocks are crashing because the hedge funds are having to sell them just to cover AMC . It's true and on youtubes.
Ok great.

I’m moving all my money out of Dogecoin and into AMC tomorrow.
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