wareagle044 said:

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EliteZags said:

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I think it's just not clearly written and the 4.1million is total shareholders not just retail, but 80% of total shares are held by retail(should have been in a separate sentence)

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Nope. 4.1M retail with an average of 120 shares each

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I just came here to brag. I sold several AMC shares early this morning and bought Clov. Turns out I was a bag holder on a pump and dump and I lost something like 15k in a few hours before I jumped ship.

I was so pissed that I decided to stay out of the market with the cash from selling Clov for the rest of the day. Not sure if I should put it back into AMC or not. I feel like if I do it will go down to $15 a share and if I don't it will go to the moon.

ah the ol FOMO buy at the top then paper hands the dip combo, that's a bold strategy Cotton

So what does it mean when the board members selling shares of their stock like they did? Or does it mean anything other than them selling and making money?

hoodlum98 said:

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So what does it mean when the board members selling shares of their stock like they did? Or does it mean anything other than them selling and making money?

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Momma needs a new pool

Dad said:

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I just came here to brag. I sold several AMC shares early this morning and bought Clov. Turns out I was a bag holder on a pump and dump and I lost something like 15k in a few hours before I jumped ship.

I was so pissed that I decided to stay out of the market with the cash from selling Clov for the rest of the day. Not sure if I should put it back into AMC or not. I feel like if I do it will go down to $15 a share and if I don't it will go to the moon.

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I am sorry to hear that. A lot of people got burned by their tricks yesterday. Just buy AMC and hold. Patience is key right now. We will win and I truly believe this thing goes to 1k at least. Just bought more shares this morning myself.

ChiefKiefton said:

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Dad said:

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I just came here to brag. I sold several AMC shares early this morning and bought Clov. Turns out I was a bag holder on a pump and dump and I lost something like 15k in a few hours before I jumped ship.

I was so pissed that I decided to stay out of the market with the cash from selling Clov for the rest of the day. Not sure if I should put it back into AMC or not. I feel like if I do it will go down to $15 a share and if I don't it will go to the moon.

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I am sorry to hear that. A lot of people got burned by their tricks yesterday. Just buy AMC and hold. Patience is key right now. We will win and I truly believe this thing goes to 1k at least. Just bought more shares this morning myself.

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what timeframe are you thinking the next major run up happens?

cmk10 said:

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ChiefKiefton said:

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Dad said:

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I just came here to brag. I sold several AMC shares early this morning and bought Clov. Turns out I was a bag holder on a pump and dump and I lost something like 15k in a few hours before I jumped ship.

I was so pissed that I decided to stay out of the market with the cash from selling Clov for the rest of the day. Not sure if I should put it back into AMC or not. I feel like if I do it will go down to $15 a share and if I don't it will go to the moon.

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I am sorry to hear that. A lot of people got burned by their tricks yesterday. Just buy AMC and hold. Patience is key right now. We will win and I truly believe this thing goes to 1k at least. Just bought more shares this morning myself.

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what timeframe are you thinking the next major run up happens?

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It is impossible to tell in my opinion. The hedgies are magically getting millions of shares to short everyday. I guess the question is how long can they keep it up? Retail owns at least 95%of the shares so it has to go crazy at some point. Copying the below from reddit.

"Do you guys realize the position we are in right now?
Let me sum it up: There are only supposed to be 450million shares available of AMC stock to trade on the market. The Hedgies created (to our best data based guess, which will be answered when the vote recount happens) approximately 2.5 BILLION shares, all of which they have shorted. That is the conservative end of the possible range of synthetics they created. They are legally obligated to buy back ALL of those shares to cover their short position. Apes own 90-95% of the 450 million shares.
What mean? They have to buy back ALL 450 million real shares 5x to cover their position. We are at a point where paper hands literally can't effect the squeeze. If every single ape sold right now,, they would still need to buy the entire pool of 450 million shares 4x over. This is why A.A's 500million share fake out was so huge. It made Hedgies confident enough to overleverage their short position to BILLIONS of shares. It is 100% mathematically guaranteed to happen when they get margin called. They wouldn't still be shorting if that weren't the case. It is their last play, to stall for time. If they could have afforded to take the hit of covering shorts after they dropped it in January, then they would have. The fact they didn't should tell you that no matter what, covering will bankrupt them and many other hedge funds. This is the first and only time this has or will ever happen in the market. A historic event. For the first time ever, the average person has access to real time market data and the ability to form communities of millions of people across the world to discuss analytics that were once only viewable by those working in wall st. Over leveraging short positions with synthetics to this degree used to be a nearly 100% sure profit for these hedgies because the sheer qty of their moves would effect the price negatively. The only thing that could cause them to lose, the vent hole in their deathstar, was if millions of individuals caught on to their strategy, knew that they couldn't cover, and bought up the lions share of the float and refused to sell regardless of massive price drops.
What do you know, turns out we did exactly that
The ONLY reason we should be telling people not to paper-hand now is out of compassion and not greed. If you HODL you will be on the receiving end of the greatest wealth transfer in history. If you sell now, you will live through the next decade of hyperinflation even poorer than you are now.
So yes Hold and tell others to Hold. However, if you are worried about paper handed dingus's selling at $100 $1k $10k etc, just know that it literally can't drop us enough to end the squeeze now.
Every share of AMC right now is a lotto ticket with a 99.99% chance of winning. Just go about you life with the stress relief of knowing you hold those winning tickets. Its GG EZ NO RE at this point."

Sub $46

Ok I'm in! Just bought 100 shares.

Apparently GME officers did the same thing right before they squeezed. They can't sell during a squeeze because that would be insider trading. They need a seven day buffer.

This is according to AMC Kool-Aid drinkers.

After it came out that 30 institutions are being sued right now for collusion and market manipulation why is anyone surprised this is dropping. If there is a squeeze it's not going to be nearly as big as anyone expects. I'm just glad that I missed the CLOV pump and dump. KT was spot on about the puts at 40 this week I feel like it will close below 40 tonight or tomorrow.

Mondo Ag said:

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After it came out that 30 institutions are being sued right now for collusion and market manipulation why is anyone surprised this is dropping. If there is a squeeze it's not going to be nearly as big as anyone expects. I'm just glad that I missed the CLOV pump and dump. KT was spot on about the puts at 40 this week I feel like it will close below 40 tonight or tomorrow.

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why do you think the squeeze wont be as big as people expect?

cmk10 said:

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Mondo Ag said:

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After it came out that 30 institutions are being sued right now for collusion and market manipulation why is anyone surprised this is dropping. If there is a squeeze it's not going to be nearly as big as anyone expects. I'm just glad that I missed the CLOV pump and dump. KT was spot on about the puts at 40 this week I feel like it will close below 40 tonight or tomorrow.

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why do you think the squeeze wont be as big as people expect?

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Just my personal belief at the moment. Until the SEC steps in I really believe hedge funds will be able to move the price in any way they so choose. I just can't see it ever getting over 1k a share. I'd be very happy to be wrong about this I'm just not super optimistic from what I've seen.

Mondo Ag said:

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cmk10 said:

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Mondo Ag said:

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After it came out that 30 institutions are being sued right now for collusion and market manipulation why is anyone surprised this is dropping. If there is a squeeze it's not going to be nearly as big as anyone expects. I'm just glad that I missed the CLOV pump and dump. KT was spot on about the puts at 40 this week I feel like it will close below 40 tonight or tomorrow.

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why do you think the squeeze wont be as big as people expect?

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Just my personal belief at the moment. Until the SEC steps in I really believe hedge funds will be able to move the price in any way they so choose. I just can't see it ever getting over 1k a share. I'd be very happy to be wrong about this I'm just not super optimistic from what I've seen.

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The theory is the margin call... the problem is these hedge funds will delay it by pumping and dumping other stocks via derivatives and synthetic shares while creating more and more shorts on amc.

The dip before the rip

wareagle044 said:

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The dip before the rip

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I hope so. I ended up not getting back heavily into AMC but I have enough to get some good tendies in case it happens.

Gonna hold 100 shares of this pos just in case it rips

bought another 20 shares at $40/share.

Nice bounce from the 40 mark.

cmk10 said:

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bought another 20 shares at $40/share.

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Eff me, I was on a conference call. I missed that.

Tomorrow is the day! We own the float! Blah blah blah synthetic shares! Blah blah blah apes! Blah blah blah citadel!

Probably have the chance to buy at $30 in a day or two.

This is great.

Jet Black said:

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Probably have the chance to buy at $30 in a day or two.

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$25 a week after that.

The GME run happened during a quiet period. Company insiders (employees and board members) cannot sell from a predetermined time at the end of a fiscal quarter until after the company reports earnings. It has nothing to do with a short squeeze as nothing about a short squeeze constitutes MNPI. Also, most officer and director sales are done under 10b-5 plans with planned sales of a specific amount of shares at a specific point in time.

EliteZags said:

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wareagle044 said:

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EliteZags said:

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I think it's just not clearly written and the 4.1million is total shareholders not just retail, but 80% of total shares are held by retail(should have been in a separate sentence)

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Nope. 4.1M retail with an average of 120 shares each

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Good call here. Adam Aron clarified on twitter last night. 4.1M count includes institutions.

Solid run this afternoon. Hoping we get back to $60 next week.

Good day

wcb said:

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Solid run this afternoon. Hoping we get back to $60 next week.

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Hope we go to 600 next week, FIFY

MagnumLoad said:

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wcb said:

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Solid run this afternoon. Hoping we get back to $60 next week.

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Hope we go to 600 next week, FIFY

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It's go time

cmk10 said:

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I haven't followed him much. Only watched one other video. He talks smart and fast.but is he pretty well on track with what all he is saying?