Investing General Discussion

Sanrith Descartes

Sanrith Descartes

Von Clippowicz
<Aristocrat╭ರ_•́>
41,591
107,705
There is a block of 136,000 shares for sale in the 7.80's. normally that would crush a price but with this volume it probably only makes a small dip while it fills.

edit: nevermind they gulped it right up. Stock over $8 now.
 
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Jackie Treehorn

Jackie Treehorn

<Gold Donor>
2,800
6,573
7D505D67-7533-44A8-A163-EC8114E7E73D.jpeg

It won’t stop!
 
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Locnar

Locnar

<Bronze Donator>
2,724
3,005
That shit just broke 8 dollars a share. Glad I got into it some yesterday.

Of all the meme stocks I dove into, the one I went biggest in NOK, is the one doing the least. le sigh
 
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Fogel

Fogel

Mr. Poopybutthole
12,303
47,034
I bought more AMC at 6.75, this is glorious. Just wait until normal trading hours tomorrow
 
Fogel

Fogel

Mr. Poopybutthole
12,303
47,034
Sanrith Descartes said:
So even though I know in the core of my being its a stupid play, I bought some AMC. My plan is to use the implied volatility at the open to get an insane multiple on a covered call for my 100 shares. The more likely outcome is I am going to lose a few hundred dollars. But hey, sometime you just gotta follow the herd.

Edit: lol I am already up 3%
Click to expand...

So what strike you thinking about?
 
Sanrith Descartes

Sanrith Descartes

Von Clippowicz
<Aristocrat╭ರ_•́>
41,591
107,705
This story shall the good man teach his son;
And Crispin Crispian shall ne'er go by,
From this day to the ending of the world,
But we in it shall be rememberèd—
We few, we happy few, we band of brothers;
For he to-day that buy GME and AMC with me
Shall be my brother; be he ne'er so vile,
This day shall gentle his condition;
And gentlemen in England now a-bed
Shall think themselves accurs'd they did not buy with us,
And hold their manhoods cheap whiles any speaks
That traded with us upon the short's this day.
 
Sanrith Descartes

Sanrith Descartes

Von Clippowicz
<Aristocrat╭ರ_•́>
41,591
107,705
Looks like some big blocks coming in to sell right before the after market closes. Might see some buyer exhaustion and a dip down in the last few minutes.

or not. Big blocks of buyers coming in to eat the shit up.
 
Tarrant

Tarrant

<Prior Amod>
15,572
9,022
My first buy was 100 shares at $6.89. I just went another 100 at 8.33. Thats my max all in for money I got to play with here.

Being poor makes playing the market sorta lame, but oh well.
 
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Kiroy

Kiroy

Marine Biologist
<Bronze Donator>
34,693
100,229
Sanrith Descartes said:
yup. I was looking at a 2-year chart and shaking my head as I put my order to buy in.
Click to expand...

I still think amc is a zombie firm, similar to gamestop. bb and nok still actually have legs maybe possibly. I just don't see how amc comes out of the covid shutdown and the concurrent/following hollywood shakeup.
 
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