swayze22
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BUT BUT the news told me it's the wreckless internet boys ruining the economy!!!!
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Investing General Discussion
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Sanrith Descartes
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Sanrith Descartes
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Tmac
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There’s some important information to know about AMC. I believe this is from a well known Wall Street fund manager.
To paraphrase, this isn’t financial avice but don’t get shaken by frezzing from the hedgies. Dumping ur shares will result in permanent loss of tendies.
To paraphrase, this isn’t financial avice but don’t get shaken by frezzing from the hedgies. Dumping ur shares will result in permanent loss of tendies.
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Sanrith Descartes
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LARPing I was actually still in AMC, hmm...I’m curious how high it’ll go but I’d probably be selling some right now. Realistically, will it even make it to $40 before people dump?
Furry
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The only truth is that the chinese companies pumping it and holding it have got their fingers on the rug.
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Gonna be amusing when a lot of 19 year olds buying at $20+ a share watch it dump down to $8 again.
Sanrith Descartes
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Funny how much difference a year+ makes. I was going back through old tabs on my investing spreadsheet and each night I was looking at projected entry points for the next day's open. Whats funny is that every stock was below all their moving averages so technicals were sort of worthless. I literally calculated buy in points at percentage down prices from the previous close. Yes I was tracking shit at a potential 13% drop from the previous close. Those were some strange days. And feel free to mock me on my BA $320 strike calls I bought. That trade didnt work out so well for me.
Sanrith Descartes
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Hateyou
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I owned that at around $2.50/share. Sold it when it went above $4. I have a friend who went long on them and his basis is in the $2/share range. I tried to tell him to sell the long positions when they were in the upper $30s to lock in some profits as he was over $100k but he wouldn’t listen to me, still holding them. Hope it gets back up there for him but I’m not sure he’ll sell. Idk what he thinks it’s going to get to eventually.
Fogel
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Depends on what his time frame is. What it will get too will also depend on bitcoin, I can see it getting back over 30 when BTC retakes the 60k range
Just found out the wife had 1500 amc shares she bought back when it was like 6 bucks. I just paperhands and cashed out.
On to the next big thing!
On to the next big thing!
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Sanrith Descartes
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Tmac
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swayze22
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You and your wife just make random meme stock investments without discussing or are y'all just ballin like that?
Should have held out because some random anonymous person on discord said its going to $100!!!!
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