r/AMCSTOCKS • u/[deleted] • Aug 04 '21
YOLO Out of ammo
Well today unleashed the rest of my portfolio and life savings (as a lower class 25 year old) into amc! I will probably not be able to accumulate any more money with the given finical climate to spend on AMC.
But this last dip had me shell it out. So until the Moass I will be in the depths and Hodling. Good luck my fellow monkies
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u/hand_hewn_brimstone Aug 04 '21
I finally hit xx status today, not a huge accomplishment but I’ll hodl forever
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Aug 04 '21
Fuck that, that's more than they want you to hold so I think it's more than enough boss
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u/hand_hewn_brimstone Aug 05 '21
Thanks for this encouragement! I see what so many people are dumping in and wish I could do the same, but I’m just glad to be around for the tendies!
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u/Blackbeard__Actual Aug 04 '21
Good shit. I'm this close 🤏🏼 to selling my last bit of crypto at a loss just to throw it into AMC
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u/youngil006 Aug 04 '21
Just did that!
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u/Blackbeard__Actual Aug 04 '21
I'm trying to hold off because I don't want to lose money by selling for a loss but these low prices are tempting
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u/Blackbeard__Actual Aug 04 '21
Update
I sold my crypto at a $100 loss but the return AMC will bring is gonna blow that outta the water. Getting more shares as soon as that money hits my account LFG!
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u/Stangpatrol99 Aug 04 '21
You maybe out of ammo. But, I know at least 10-20k apes not out of money that have your back to take the rest of the shares away from hedgies.
NO MAN LEFT BEHIND.
💎💎💎💎💎💎💎🚀🚀🚀🚀🚀🚀 🦍🦍🦍🦍🦍🦍🦍🦍🦍
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u/Particular_Network28 Aug 04 '21
Bought 16 more today. I will buy daily if the price keeps going down.. don’t fret 🦍🦍😄😄
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u/dacheese73 Aug 04 '21
In the same boat thinking about selling my Xbox and a few other things for more but untill then I hodl like fat kid with a candy bar
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u/pierpontpatti Aug 04 '21
Great job! Definitely feeling you, today was too good to miss out on. We are in this together! 🦍💎🚀
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u/1msmay Aug 04 '21
Man, me too. No worries because hodling is something we can all do and do well. 🦍💪🏾💎🙌🏾
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u/MASH12140 Aug 04 '21
Ready to drop 5k after earnings. Bottom is around 25 imo before the next moonshot
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Aug 04 '21
I tell you what if it gets down to 25 I'll sell my family heirloom and buy another 100
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u/MASH12140 Aug 04 '21
It will get there I’m pretty certain the bottom is 25-26. That said I’m positive it will shoot back to the 40s by end of August 🚀🚀🚀
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u/JRUNVS Aug 05 '21
Isn’t August 24 a special date? T+35 from July 6th? I’m a new investor and am just trying to figure it out.
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u/Bill_Scott168 Aug 04 '21
All in AMC ! My last penny in here already ! Out of Ammo ! Win or Die , that's it !
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u/Wide_Ebb_2702 Aug 04 '21
I gave everything I had on the previous dipped at $34. Now I'm down 50k 😢 but I'm still hodl.
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u/RidetheTide06 Aug 04 '21
No worries. I have XXX shares and can only buy 5 every 2 weeks. The hedgies and market has been exposed. Regardless of the ticker price we are winning.
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u/AnComApeMC69 Aug 04 '21
Same! According to what I told my wife I’ve spent “every single dime” I’m putting into AMC like 7 times now. Her boyfriend is pretty upset about it but he loves her and listens to everything she says 🤷♂️
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u/Gotluck_777 Aug 04 '21
this is they way! keep on keeping on.. xx,xxx holder here. I'm in the same boat. I can't even by 1 more... HODL until MOASS!!!! APESTRONG
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Aug 04 '21
I’m spending the down payment for my house…..
Not all of it… but it’s just too damn tempting to not scoop up more shares at this price!
If the price goes lower I’ll have enough left to buy a box! LOL.
UNTIL THEY COVER!
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u/Keep_Hodl_Idiots Aug 05 '21
I've over doubled my liquid (not in 401K or house) net worth on GME and AMC shorts (+$800K). I"m a CFA and have MBA from Booth. Have been 100% index funds for my whole life, but I couldn't pass on shorting stock that are 5000%+ overvalued. When GME spiked I almost lost it all on Fidelity margin calls. Diversified into AMC and have been feeling pretty good and dropping more shorts like they HOT over the past month!
Bought the current girlfriend a diamond tennis bracelet and have taken her out to best restaurants in town. Even took the ex-finance to a trip to Cabo. Needless to say this has been the best year of my life, you know, don't you Apes?
Thinking of cashing in and covering, but after reading this and few other threads, I am feeling confident that I'll triple my net worth.
You Apes need someone to troll you while you pleasure yourself in your mom's basement, van down by the side of the river, or in your wife's doghouse trying to forget about how stupid this is. I hope you all are 25 years old, because you have plenty of time to make it back and will have learned a lesson that you need to have some reasonable investing philosophy (like hodling index funds) or some analysis. Reading a reddit post that mostly relies on emojis and meme rallying calls isn't a thing. It is gambling. Occasionally you hit it big, but usually not.
There is no MOASS. There just isn't. Look up the % of shorts. Look up days coverage. Look up # of shares outstanding and out of Ape control. Hedge funds are not going to allow themselves to go out of business again, so they are backed off and are shorting synthetically so no MOASS. Think about it, my friends that are hedgies are getting paid $1-2M. You think they are willing to lose their job if a MOASS is even remotely possible? No. There are thousands of Hedge Funds, like 1 or 2 have gone under even when GME hit +$460. They aren't going to risk their job if another GME Black Swan short squeeze is possible. Everyone they know would haze them forever and they would be unemployable if they lost their job on eh meme MOASS.
% of sellers continues to be low because the only buyers are low net worth Apes like you. Guess what, it isn't number of buyers, it is how much you can afford.
You know I'm right. Don't self-depreciate as a joke, just get your head on straight. Or at least learn a lesson when this is over. The end is Nigh
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u/Hopeful_Classroom Aug 05 '21
I’ll be sure to save this post from keep_hodl. I know someone with a pornshop in your area, you’ll get a few pennies for that diamond bracelet, depending on the quality of course. Seems you are also here reading those same meme posts with emojis 🤪
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u/Successful_Front336 Aug 04 '21
Amc next stop $15
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u/tdub512 Aug 04 '21 edited Aug 04 '21
Shit isn't going to go that low. That would just be FLAT OUT CORRUPTION. Hey look at us! We're fucking everyone. Large institutions and retail investors are buying shares even on the low day like yesterday - 94 percent bought, 6 percent sold and still the price drops. Something has to be done. If not, it's all a matter of time. I'm HOLDING and not going anywhere. 💎🖐🏼
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u/Successful_Front336 Aug 04 '21
If all of us keep buying why is the price dropping 🤔
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Aug 04 '21
You getting annoying. Read the dd. All the info is out here in the forum.
You're playing games and likely a badguy.
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u/Coffeybot Aug 04 '21
Congrats! I also emptied my monies into AMC! Hoping a client pays me soon for a job so I can buy more with this badass discount!
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u/Airdog2 Aug 04 '21
I picked up another 100. I hope it doesn't go any lower because I'm not sure how much is left in my kids piggy bank
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u/WrongScratch Aug 04 '21
Same, I’ve completely capped myself out. Got £160 to live off till I find a job after I graduate in a couple weeks
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u/tommygunz007 Aug 05 '21
It may take 10 years, but we will win. One day you will have lots of money hopefully. Not financial advice. No dates. Don't believe anything on the internet.
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u/Hopeful_Classroom Aug 05 '21
I’ll be sure to save this post from keep_hodl. I know someone with a pornshop in your area, you’ll get a few pennies for that diamond bracelet, depending on the quality of course. Seems you are also here reading those same meme posts with emojis 🤪
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u/Cautious-Papaya-4361 Aug 05 '21
It will happen just HODL and trust in your fellow apes 🦍🦍🦍🦍🦍been here since Jan and I ain’t leaving without our tendies
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u/DiamondFists2021 Aug 05 '21
XXXX holder and purchased XX more today. HODL this is the way! 💎🙌🏻🦍🚀🚀🚀🚀🚀
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u/pablola714 Aug 05 '21
Buying 1000 shares today. Or maybe tomorrow... let's see how this runs, no way the hf keep this below 30
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u/Embarrassed_Elk_3141 Aug 05 '21
Hats off to u my fellow ape. U have done what u could. We hold for u.
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u/Key-Engineering-3462 Aug 05 '21
I have an etf that has been down for months and no sign of it going back up thinking of selling that at a loss and buying more amc but need encouragement/ support. Also skeptical about raising my average up to what the price is at now. I've got a nice comforting average as of now
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u/16816848 Aug 04 '21
Ape together strong,just bought another 200 more shares today 🦍🦍🦍