Put a limit buy on $BB @ $25. Hopefully under that when market opens but it's going up after hours (19 something right now), as is SNDL, AMC and NAKD. I'm pretty sure it won't go through. After hours is strong AF right now. May still buy, it may squeeze as it's getting WSB hype.
Maybe not lol. I put a stop-loss on 10 shares at 59 which went through. I'll buy back in after it settles. Edit: went back in at 49.
That sale has been in agreement since April, they just cashed out now to generate revenue. AMC is using the boost in their stock price to pay off debt and become more stable in the long run, it's super smart. Even if they sold 11 million new stocks off today it still doesn't effect how many more stocks are shorted. It's all scare tactics.
The fact that "news" came out and it still is hovering around $50 is a great sign! The places that created the synthetic shares are fucked. It will dip several more times as they pull out all the stops to manipulate the market. HODL
Just went green on the day. Was down 9% 2 hours ago. Lot of my gainz today were from $ZOM, which I've been a bag holder for quite some time. I've been averaging down (from $2.80 down to $1.09) and I got to within 3 cents ($1.06) of breaking even. This has been since February. Hopefully it pays off, I think it will quite well. Moves I made today: Sold $ETC Bought $GOED Sold $SNDL Bought $AHT Stoploss for $AMC triggered Bought back in $AMC at $10 a share lower Bought $NAKD Bought $JAGX Bought $BCTX Sold $JAGX Bought $BB
The point was the play. If you are buying it's too late. Did not mean the company as a whole. Sorry for the confusion. "The Street" is saying sell "We rate AMC ENTERTAINMENT HOLDINGS (AMC) a SELL. This is based on some significant below-par investment measures, which should drive this stock to significantly underperform the majority of stocks that we rate. Among the areas we feel are negative, one of the most important has been weak operating cash flow." All others are reduce. I'm out.
If you're trusting information like that then I'm sorry but you don't understand what is happening. Every single one of the "experts" was saying to get out of AMC because they're being paid to say that.
Short sellers are FUCKED. Imagine listening to people who stand to gain by them not getting fucked when they tell you to sell and just being like, okay will do. They're literally trying to sucker people into believing what you are telling us.
I didn't say sell but a number of my sources all did. I said "I'm Out". As in I'm not buying now and i am taking my winnings because I'm way ahead right now. My choice was to take my money and I'm going elsewhere. Looks like AMD "Processors and Graphics" is where i'm going next. Understand i don't buy and sell multiple times in a day. I buy and hold and i don't like huge swings.
