Board 8 > Stock Topic 16

(+) Yeah! (+)

What is a good price to buy AMC stock right now?

Is this a Fidelity issue? Or is there something wrong with me? I assure you I exist.

The Vanguard application went through fine.

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PerfectChaosZ posted...

What is a good price to buy AMC stock right now?

It's hard to say, it's so volatile right now. It's likely in the process of another substantial move up or down, so buying in the middle right now to make sure you get your order in if it takes off tomorrow is probably not a bad move.

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It's going to moon since I paper hands'd and I can't buy it

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But if anyone wants to buy me 500 bucks of shares and will take it from me on paypal...let me know

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https://twitter.com/webullglobal/status/1354875836810342400?s=21
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Things aren't looking good for Naked atm. I'm gonna hold and watch this shit tomorrow. But I think I'm gonna try to break even and just get out

Is this real or fake?


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I was gonna buy it earlier at 8 bucks but now it's veering between 9.50 and 10$, should I buy now or wait for it to drop, or is it done dropping?

Jakyl25 posted...

https://twitter.com/webullglobal/status/1354875836810342400?s=21

just need robin hood to follow suit

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Seems like bullshit

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PerfectChaosZ posted...

I was gonna buy it earlier at 8 bucks but now it's veering between 9.50 and 10$, should I buy now or wait for it to drop, or is it done dropping?

Nobody knows these things, you can't time the market. Otherwise everyone would be a perfect trader.

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I hate to post Twitter posts, but....

https://twitter.com/elonmusk/status/1354890601649610753

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Anybody go onto stocktwits? I feel like I'm going insane looking at the comments lmao.

Comment 1) HODL to da moon!
Comment 2) y'all were stupid to buy after the offering this isn't going anywhere
Comment 3) $5 by tomorrow!

Well I bought some; fingers crossed.

red sox 777 posted...

GME volume by day:

Jan 22: 196.78 M
Jan 25: 177.87 M
Jan 26: 178.59 M
Jan 27: 93.4 M
Today (with an hour and 15 min to close roughly): 46.55 M

It would appear that very few long shares are being sold onto the market. Shareholders are holding. Probably most of the volume that does exist is short sellers trading with each other.

I was just looking at this independently

doesn't this mean the short interest can be settled easily? the volume is there within the current prices, i don't see why it would need to skyrocket to $1k or anything

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https://vm.tiktok.com/ZMJod4fDC/

Lmao

Nanis23 posted...

Is this real or fake?

real. they were bought on margin though so technically not illegal since a broker can close a margin position if they are afraid you won't be able to pay off the losses.

In a normal situation at least, this case is scummy as hell

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https://twitter.com/People4Bernie/status/1354857130898071553
XFD

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CoolCly posted...

I was just looking at this independently

doesn't this mean the short interest can be settled easily? the volume is there within the current prices, i don't see why it would need to skyrocket to $1k or anything

I don't think the volume is there. Most of it appears to be short stock being sold back and forth to each other. We had no real reduction in the short interest when we were doing close to 200 million shares per day. Don't think there's much long stock being sold in the 200s. I think the moment significant buying starts, either from new longs or from shorts covering, this thing is going to blow up. I think that's how the hedge funds see it or they wouldn't be moving heaven and earth to try to shake shareholders out of their shares.

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Oh man. One more hour of holding without panic selling.

Back below $9...

I can do this.

I didn't know you could say bullshit on CNBC
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i only have like $300 invested total in this race i'm ride or die


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Bought 10 more just to see if I still could on TD

Still can


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Seginustemple posted...

I didn't know you could say bullshit on CNBC

You can actually say anything on cable I believe! Most stations just don't

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It's very important that we have members of Congress from both parties, including very prominent ones like AOC and Ted Cruz, as well as billionaires like Elon Musk publicly talking about this.

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red sox 777 posted...

I don't think the volume is there. Most of it appears to be short stock being sold back and forth to each other. We had no real reduction in the short interest when we were doing close to 200 million shares per day. Don't think there's much long stock being sold in the 200s. I think the moment significant buying starts, either from new longs or from shorts covering, this thing is going to blow up. I think that's how the hedge funds see it or they wouldn't be moving heaven and earth to try to shake shareholders out of their shares.

What does that mean - stock being sold back and forth to eachother? Can this be done for low prices directly to eachother, bypassing the current market prices and preventing the public from taking them? Doesn't make sense to me that they'd be listing the stock they DO have for low prices just to inflate volume... just to have to buy back later at a higher price.

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GBR, opened at around 2, up to 23. How do I hear about these way after the fact XD

So I need a little help. I checked my Vanguard account, and everything seems to be up and running. It says the funds are available in it to trade, just not to withdraw, but I thought it'd take up to 7 days? And my bank account hasn't updated any information about the transfer.

I think when I signed up it said that Vanguard ETFs could be done as soon as it was finished, but stocks would take 7 days. So I'm still not good, right? When will I know for sure if it's okay to use the funds in my account to trade stocks? Again, it says they're available even though my bank hasn't acknowledged it yet.

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Robinhood made a calculated decision. Keep Citadel and lose everyone else, or lose Citadel and keep everyone else. They made a business decision to keep their top contributors happy.

I made a vanguard account. For anyone else who opened one with them, note that not only is it 3-7 days before you have your money, but there's also a 7 day hold on purchases of anything other than Vanguard mutual funds or Vanguard ETF's.

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They might send you an email or message through the platform. Otherwise you just have to keep trying to invest until it actually lets you.

A red sun rises... blood has been spilled this night.

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CaptainOfCrush posted...

A red sun rises... blood has been spilled this night.

Just wait until the blood moon rises and the robinhooders are revived once more

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CoolCly posted...

What does that mean - stock being sold back and forth to eachother? Can this be done for low prices directly to eachother, bypassing the current market prices and preventing the public from taking them? Doesn't make sense to me that they'd be listing the stock they DO have for low prices just to inflate volume... just to have to buy back later at a higher price.

No, it's on the public market. But right now, a lot of retail investors can't buy, and they aren't willing to sell. So it's as if they've turned the public market into their private-ish market. But it doesn't really change anything, because it doesn't change the fact that they've got to buy 140% of the float back, and the owners of those shares are not willing to sell at these prices.

With enough market manipulation, they could theoretically keep the prices low enough to avoid margin calls indefinitely, but the problem is, shareholders also have the right to have their shares returned on demand. So that's not really a feasible way of escape.

My feeling is that unless there's something else big, short sellers and their brokers are going to eat losses in the 100 billion range on GME. That's what they're staring down and why they are so brazenly doing illegal stuff that's brazen enough to get Ted Cruz, Marsha Blackburn, and AOC to agree within hours of them doing it. The alternative is they lose everything - possibly today, maybe tomorrow, very likely very soon.

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Amc is probably going to moon tomorrow and I was stuck on the sidelines


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Moonroof needs moongains

red sox 777 posted...

No, it's on the public market. But right now, a lot of retail investors can't buy, and they aren't willing to sell. So it's as if they've turned the public market into their private-ish market. But it doesn't really change anything, because it doesn't change the fact that they've got to buy 140% of the float back, and the owners of those shares are not willing to sell at these prices.

I'm not sure I'm really wrapping my head around this

if 90-170million shares are being bought and sold each day within the last week, then there should be plenty of room for short sellers to buy shares, return them to the brokers, brokers can sell on the market to retailers or to the shortsellers, and repeat Since that many shares are already being sold on a daily basis, why couldn't this happen without us even noticing?

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I sure hope so!

CoolCly posted...

if 90-170million shares are being bought and sold each day within the last week, then there should be plenty of room for short sellers to buy shares, return them to the brokers, brokers can sell on the market to retailers or to the shortsellers, and repeat Since that many shares are already being sold on a daily basis, why couldn't this happen without us even noticing?

say there is a room with 10 people of which 8 arent allowed to buy.

person 9 sells a share to person 10 for $150
person 10 sells a share to person 9 for $149
repeat.
person 8 sees that the share has gone down to $120 and panic sells
everyone else holds

You are increasing volume and lowering price but in this scenario only person 8s shares have returned to cover shorts

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What are the odds Elon Musk buys boatloads of AMC and GME to screw the shorts over.

I think that'd be amazing

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Lopen posted...

What are the odds Elon Musk buys boatloads of AMC and GME to screw the shorts over.

I think that'd be amazing

Oh shit, I literally had this exact thought earlier today.

Movement for AMC looking real good AH. Let her rip

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I doubled my interest in AMC today. Mostly shares at around 9 instead of calls.

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Elon would make a lot of money if he did it.

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greengravy294 posted...

Well etrade won't let me buy amc now lol

What is this is this an issue with you or an issue with e-trade

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I just realized I only need to get to $15 to have 100% gains.

GME killing it after hours too.

https://blog.robinhood.com/news/2021/1/28/an-update-on-market-volatility

Looks like RH is opening GME back tomorrow. But will "limit" it, whatever that means.

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