Current Events > GME and AMC still on upward trend today!

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WingsOfGood
05/25/21 11:32:15 AM
#1:


Going up.
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FabIe
05/25/21 11:32:43 AM
#2:


Still pass

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Doom_Art
05/25/21 11:32:59 AM
#3:


dude

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WingsOfGood
05/25/21 11:38:19 AM
#4:


Doom_Art posted...
dude

dude?
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Steelix500
05/25/21 6:21:32 PM
#5:


fuck yeah bro! $215!
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Trumpo
05/25/21 6:27:34 PM
#6:


FabIe posted...
Still pass
Motley Fool contributor confirmed
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Turbam
05/25/21 6:31:26 PM
#7:


Oh shit! I'm making bank with my AMC shares!

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WingsOfGood
05/26/21 2:57:48 AM
#8:


@Doom_Art

Broke $200.

Amc also like 17 now.
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MICHALECOLE
05/26/21 2:58:54 AM
#9:


The question is though, after holding for all this time, does 200$ really mean ANYTHING? I mean, at this point, its at least 420 or bust and were barely halfway there
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apocalyptic_4
05/26/21 3:02:57 AM
#10:


If I held I'd be in the money but I'm still glad I got out.

My mistake for literally throwing my entire 6 month emergency fund into never again

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WingsOfGood
05/26/21 3:02:59 AM
#11:


MICHALECOLE posted...
The question is though, after holding for all this time, does 200$ really mean ANYTHING? I mean, at this point, its at least 420 or bust and were barely halfway there

Not sure what this even means. As in what you are asking.

But I will explain:
1. $200 is higher than $180. You could have bought at $140 though.
2. People said it was pump and dump and all that was left was bagholders. Yet it is still going up and going up higher.
3. These surges are actually translating to company value making what once was technically a worthless stock actually no longer.
4. If you believe a squeeze will eventually happen, upward pressure signals the start. Even if it doesn't squeeze yet, it has broke $200 for the 3rd time now proving it can dip and then go up again towards a squeeze.
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WingsOfGood
05/26/21 3:04:59 AM
#12:


apocalyptic_4 posted...
If I held I'd be in the money but I'm still glad I got out.

My mistake for literally throwing my entire 6 month emergency fund into never again

What price did you buy it for and what did you get from the sell?
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SolidShadow3
05/26/21 3:05:56 AM
#13:


I bought AMC at $16.50 like a fuckwad. Waiting to get my money back at this point. I'm not upset I lost it; but I'm upset that I honestly thought that was a good buying point.

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MICHALECOLE
05/26/21 3:06:04 AM
#14:


WingsOfGood posted...
Not sure what this even means. As in what you are asking.

But I will explain:
1. $200 is higher than $180. You could have bought at $140 though.
2. People said it was pump and dump and all that was left was bagholders. Yet it is still going up and going up higher.
3. These surges are actually translating to company value making what once was technically a worthless stock actually no longer.
4. If you believe a squeeze will eventually happen, upward pressure signals the start. Even if it doesn't squeeze yet, it has broke $200 for the 3rd time now proving it can dip and then go up again towards a squeeze.
Some of us have been holding the bag +200.

#4 is the main focus. It broke 200$ for the third time! But when is SELL TIME!?
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WingsOfGood
05/26/21 3:06:24 AM
#15:


SolidShadow3 posted...
I bought AMC at $16.50 like a fuckwad. Waiting to get my money back at this point. I'm not upset I lost it; but I'm upset that I honestly thought that was a good buying point.

Then sell tomorrow
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WingsOfGood
05/26/21 3:06:55 AM
#16:


MICHALECOLE posted...
Some of us have been holding the bag +200.

#4 is the main focus. It broke 200$ for the third time! But when is SELL TIME!?

If you bought in at $200 I would sell tomorrow
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MICHALECOLE
05/26/21 3:07:54 AM
#17:


WingsOfGood posted...
If you bought in at $200 I would sell tomorrow
Okay what about 120$

or what about 300$

some of us have been holding for close to a year. A 50$ profit just doesnt seem worth the wait, know what I mean?
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WingsOfGood
05/26/21 3:09:00 AM
#18:


MICHALECOLE posted...
Okay what about 120$

or what about 300$

some of us have been holding for close to a year. A 50$ profit just doesnt seem worth the wait, know what I mean?

If it isn't worth it to you, then sell.

If you need the money sell.

If you have fomo and don't need the money right now, hold.
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MICHALECOLE
05/26/21 3:13:15 AM
#19:


I saw hold

probably getting evicted, but you told me to hold so Im going to hold. Thank you for this financial advice
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WingsOfGood
05/26/21 3:14:27 AM
#20:


MICHALECOLE posted...
I saw hold

probably getting evicted, but you told me to hold so Im going to hold. Thank you for this financial advice

Not financial advice
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Lokison
05/26/21 3:20:04 AM
#21:


WingsOfGood posted...
Then sell tomorrow
Yea... no. I realize after this purchase it's a long hold. I'll sell when it reaches its old high after Covid restrictions are gone and an theatre industry blows back up. Thanks for that expert advice tho.

TC legit telling people to sell their shit, and saying its "Not financial advice"

What is it then?

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WingsOfGood
05/26/21 3:27:42 AM
#22:


Lokison posted...
Yea... no. I realize after this purchase it's a long hold. I'll sell when it reaches its old high after Covid restrictions are gone and an theatre industry blows back up. Thanks for that expert advice tho.

TC legit telling people to sell their shit, and saying its "Not financial advice"

What is it then?

Seems you are trying to give financial advice. Are you a credited financial advisor?

I wasn't talking to you. That dude was asking questions so I vomitted out answers from my pea brain.

Besides, it is based on your own perception. Can you not read?
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WingsOfGood
05/26/21 3:37:46 AM
#23:


@Lokison
Literally the guy I responded to said:

Waiting to get my money back at this point.

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apocalyptic_4
05/26/21 3:46:10 AM
#24:


WingsOfGood posted...
What price did you buy it for and what did you get from the sell?

Random times but at 16.50 in feburary with a couple 1000, bought more at 14.00, then alot at 9.50 and was holding it for months until this week.

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ChocoboMogALT
05/26/21 3:51:24 AM
#25:


Told myself I'd sell AMC at $20, but honestly could be higher. It's just pocket change for me, but it's some nice change...

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WingsOfGood
05/26/21 3:52:12 AM
#26:


ChocoboMogALT posted...
Told myself I'd sell AMC at $20, but honestly could be higher. It's just pocket change for me, but it's some nice change...

How much higher could it be?
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ChocoboMogALT
05/26/21 4:00:09 AM
#27:


Was 35 in 2016. There's always a bullrun as people buy into the wave before it reaches equilibrium. I don't enjoy trying to hit that peak, that's a gamble, IMO. To me it's either sell or hold. But there's going to be a run as people buy the meme and chase the dream, it can go real high, then it will even. Theaters are going to reopen so stock should do fine as long as AMC doesn't fuck it up. People are anxious to get out and do normal stuff, so might see a movie rush.
Buying in now is a gamble, but I wouldn't bet against it long.

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Lokison
05/26/21 4:07:26 AM
#28:


WingsOfGood posted...
@Lokison
Literally the guy I responded to said:
Same person. Smartass. One account on my PC, this ones my phone. I told y'all what I was going to do, no where did I tell anyone to follow my example. Thanks tho.

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MICHALECOLE
05/26/21 4:10:17 AM
#29:


WingsOfGood posted...
Not financial advice
Well I mean you clearly just gave me advice on my finances, so..

definitely financial advice
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SolidShadow3
05/26/21 4:19:05 AM
#30:


Lokison posted...
Same person. Smartass. One account on my PC, this ones my phone. I told y'all what I was going to do, no where did I tell anyone to follow my example. Thanks tho.
Just to confirm: Yea, this is the same person. sorry I have an alt?

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paperbag
05/26/21 2:04:59 PM
#31:




all I see is higher highs, not lower lows.
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Orlando_Jordan
05/26/21 2:06:54 PM
#32:


Gamestop will still go out of business despite this.
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Cocytus
05/26/21 2:09:01 PM
#33:


Orlando_Jordan posted...
Gamestop will still go out of business despite this.

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WingsOfGood
05/26/21 2:09:48 PM
#34:


Orlando_Jordan posted...
Gamestop will still go out of business despite this.

Not looking like it will
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joe40001
05/26/21 10:39:34 PM
#35:


I forgot I had an order in on AMC to sell at 14 something.

Yeah my 100 dollars turned to 140 dollars but still I wish I didn't have that.

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Vampire_Wreath
05/26/21 10:41:49 PM
#36:


MICHALECOLE posted...
Okay what about 120$

or what about 300$

some of us have been holding for close to a year. A 50$ profit just doesnt seem worth the wait, know what I mean?

If you've been holding for close to a year you'd be up huge.

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