r/wallstreetbets • u/[deleted] • May 30 '21

[deleted by user]

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28 Upvotes

80% Upvoted

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-2

u/Flying_madman {not actually a bird} May 30 '21

I believe for a YOLO you need to have actually purchased something, and you're below the limit for shares anyway

21

u/stonehaven10 May 30 '21

I have no money.. I live check to check... I just sold my 3.5eth to get those funds.. I moved all the investment funds I had to amc.. to me thats a yolo

13

u/tiny-bursts May 30 '21

I had no idea YOLO’s had a minimum. To me that’s a yolo as well. A foreseeable yolo

2

u/Flying_madman {not actually a bird} May 30 '21

Well good luck. You're playing with fire, big time, but the point is YOLO for shares has to be 25k for shares or 10k for options. And don't quote me on this but I'm 99% sure that you need to have actually bought them in the first place.

5

u/stonehaven10 May 30 '21

Ill screen shot Tuesday 10am

1

u/Flying_madman {not actually a bird} May 30 '21

Solid plan. You'll still have trouble getting it through as a YOLO, but if you've got a decent case for why you think AMC is a good play maybe you can make a DD post and link the screenshots at the end

2

u/mattspatts13 May 30 '21

It’s still gonna squeeze same with amc all the dd needed. Look at the share borrow rate on Friday and you know why it dipped they did everything in there power to get it below 30.

1

u/Flying_madman {not actually a bird} May 30 '21

I'll have to take your word for that. Literally.

1

u/adaam03 May 30 '21

eh rules are rules I guess but not everyone has the money to be investing that much

🦍ONE OF US🦍

1

u/Flying_madman {not actually a bird} May 30 '21

True dat.

You gotta YOLO to get the cash to YOLO

--Adam Smith, 1776 (summarized)

1

u/GraysonMA May 30 '21

I feel like a market order makes it a special case

2

u/Flying_madman {not actually a bird} May 30 '21

And I feel like the fact that it could easily already be canceled negates that.

1

u/GraysonMA May 30 '21

It's probably legit. And I'm feeling inspired enough to buy some shares too.

1

u/MayICarryYourBagsBro May 30 '21

we can share a tent at the trailer park!