LogFAQs > #950216099

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Topic	Stock Topic 19
red sox 777 02/02/21 9:41:58 PM #200:	StartTheMachine posted... I definitely fell victim to it too. I was content cashing out my huge 50k win on AMC and making fun of the HODL diamond crew and then I started buying shares back and suddenly kinda became one. It's pretty easy to get swept up in these manias. You know, I do still wonder what was up with that $20 AMC call yesterday - someone dropped over 2.5 mil on one right before market close. Redditor whale trying to be the next DFV or institutional money that knows something? Most likely a hedge fund short AMC protecting themselves in case the infiniti squeeze happens. There was also a lot of action on the GME $800 strike 2/5 call. With those calls in place, that fund's loss is limited to the $800/share level which they can manage. --- September 1, 2003; November 4, 2007; September 2, 2013 Congratulations to DP Oblivion in the Guru Contest! <cite>red sox 777 posted [p:950216099] in Stock Topi... [t:79272609]...</cite> <quote>StartTheMachine posted... </cite> <quote>I definitely fell victim to it too. I was content cashing out my huge 50k win on AMC and making fun of the HODL diamond crew and then I started buying shares back and suddenly kinda became one. It's pretty easy to get swept up in these manias. You know, I do still wonder what was up with that $20 AMC call yesterday - someone dropped over 2.5 mil on one right before market close. Redditor whale trying to be the next DFV or institutional money that knows something?</quote> Most likely a hedge fund short AMC protecting themselves in case the infiniti squeeze happens. There was also a lot of action on the GME $800 strike 2/5 call. With those calls in place, that fund's loss is limited to the $800/share level which they can manage. --- September 1, 2003; November 4, 2007; September 2, 2013 Congratulations to DP Oblivion in the Guru Contest!</quote> ... Copied to Clipboard!
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