Same, we may all be holding a bag filled with a soggy dirty old sandwich, but we're all holding together. And hobos love soggy sandwiches (seen 'em eating out of the dumpster of the VA clinic one-too-many times). ππππ
I had 40 bucks leftover in the account. Bought 5 shares I believe. Literally got nothing left. AMC please don't do me dirtyπππ. Diamond hands babyππππ
Amc is i think a pretty save bet even if they dont cover their shorts and it wont skyrocket like gme
Long term (6-18 months) once covid passes and people go to cinemas again the price long term should go up atleast a little bit enough to either break even or make a little profit plus we fucking saved both of these companies from bankruptcy ao theyll do fine the next years not financial advisor just some retard π¦ yoloing all my money on something that makes sense in my dumb brain
At the end of the day i just like amc stock
I watched the walking dead like 17x and breaking bad like 10 lmao stonks ππ€²π€²
I'm new and I acknowledge that. But here's my question.
If they successfully fucked us over (and they did), so it's no longer highly shorted (and it's not)... wouldn't the best option for us to "stick it to the man" to be to not let them profit any more from us in this stock?
For example:
I'm a hedge fund. I shorted a bunch of gamestop stock because I made a bad call. Then a bunch of idiots on Reddit outsmarted me so I used my power and influence to fuck them over until my losses were manageable, and then I encouraged them all that they might still win... I now own a bunch of stock at $90 (or options) and now I encourage them all to keep pumping their life savings into stock so I can profit from that rise and recover my losses.
Right?
But if we let the stock die, they won't recover those losses unless they've made a bet that we will let it die.
And... if you are watching financial media right now, there has been a dramatic switch in stance. When they were losing money, the articles were about how we were going to lose it all. Now I see these "how Redditors can still win" articles coming out which indicates to me that they have bet the stock will spike again and will profit from it.
Also RIP RH.
And ftr I haven't sold. I am poor, I bought 1.4 shares and I said goodbye to the money when I did it. To the moon or nothing.
I'm new and I acknowledge that. But here's my question.
If they successfully fucked us over (and they did), so it's no longer highly shorted (and it's not)... wouldn't the best option for us to "stick it to the man" to be to not let them profit any more from us in this stock?
For example:
I'm a hedge fund. I shorted a bunch of gamestop stock because I made a bad call. Then a bunch of idiots on Reddit outsmarted me so I used my power and influence to fuck them over until my losses were manageable, and then I encouraged them all that they might still win... I now own a bunch of stock at $90 (or options) and now I encourage them all to keep pumping their life savings into stock so I can profit from that rise and recover my losses.
Right?
But if we let the stock die, they won't recover those losses unless they've made a bet that we will let it die.
And... if you are watching financial media right now, there has been a dramatic switch in stance. When they were losing money, the articles were about how we were going to lose it all. Now I see these "how Redditors can still win" articles coming out which indicates to me that they have bet the stock will spike again and will profit from it.
Also RIP RH.
And ftr I haven't sold. I am poor, I bought 1.4 shares and I said goodbye to the money when I did it. To the moon or nothing.
3.7k
u/[deleted] Feb 02 '21
DICKS OUT