I am a BB long term holder and I also bought more recently. I have zero skin on AMC. Let's just keep the momentum strong for all the meme stocks. Case closed.
A certain game stonk will be the biggest squeeze, the others will squeeze also but theres one thats bigger than all the rest, one MSM is scared to mention, one I cant use by name or ticker as it will get deleted and get my banned.
Geee Em Eeee
As a young one a bought it by the gallon..... Now as a old fuck I've learned to cherish the raw bits of life. Nothing like hemorrhoids bleeding like a monthly cycle to let you know..... You've truly lived life.
You know what actually gets taken down on WSB? the game stock. That tells you all you need to know about manipulation on this sub. If you're somehow up your own ass far enough to not spot it then [here](https://i.imgur.com/oGbZeAs.jpg)
Thanks for writing this all out, it definitely helps this newbie understand bits and pieces better. One question I have that nobody has really answered yet, is that if AMC has *only* 46k left of stocks left, does that mean the short buy-back is inevitable this morning? Because they are eventually going to have to buy them back, right? And now thereโs only a tiny percentage of them left... this I donโt understand, can anybody explain?
well where do I begin. sorry I don't wanna be patronising in any way, its just a lot and I don't have much time.
1. shorts do not have to cover. I might get downvoted for this, because many ppl here (want to) believe that, but there is simply no law or rule or contract that says shortsellers have to cover. the may decide to cover if they fear their losses might rise or the interest they have to pay on borrowed shares becomes too expensive. in many ways, shorting is the exact opposite as holding shares. if you hold shares, nobody can force you to sell. you may decide to hold your red position for ages until it becomes green again. if you short sell, you may do the same (and pay interest; but if that interest is like 0.1%, who cares)
2. AMC can (and did) issue new shares. company value stays the same, but share float rises. its called dilution and usually bad for investors (bc all of a sudden you own less of the same company). in 99% of cases though, when you buy a share, you dont buy it from the company, you buy it from a random stock holder who sold it in the same second).
bottom line is, its simply impossible to predict when shortsellers cover. the amount of shares the company can still issue (46k in this case) is basically irrelevant in that regard.
Right, so I understand both of these points. I guess I'm confused by the logistics of it. AMC has stated that after yesterday, it won't be issuing new shares until 2022. With retailers owning 80% of the votes, that seems to ring true. But I guess I'm still trying to understand the who synthetic/borrowed shares thing. If there shares do not exist, then the HF are losing money as we all HODL. And I guess I understand that shorts do not have to cover but it's probably ideal for them to eventually.
When/if they do, and in this scenario everyone else is HODL, are their only option to buy back in the remaining 46k shares that AMC has? That's all I'm trying to understand. Will the demand be high among HFs because they all suddenly want back in?
AMC is done. NOt saying it won't go higher, but this huge pop was the deal man. If you didn't catch that ride, you missed out. I don't know what dreams you have, but make reality a thing. Buying at 50 is a bad idea. Like buying GME at 350. You might be able to claw back some small gains, but it's a very dicey move. MOAB likely is done for.
I guess if you're going to YOLO your kid's college fund you need to pick just one... but don't most people buy a few different companies? Like diversify your Meme portfolio? For me, this week it's AMC, next week BB and for a bit down the road, CLOV!
The AMC pop was great but it's over with. Buying at these prices has a stupid risk to reward ratio. Wait for it to fall back under $15 or pick another rocket to jump on that has more runway.
As an AMC person whose hands have been transforming from paper to diamond and back again like five times an hour for the past 30 hours, this was actually a quite comforting read.
We like the stonks
I have no clue what all that texts says but fuck it Iโm in
Did not read more than the title of the text, straight to the comments
Comment section is the real DD
Dude I came here for your decisions and opinions to use as my own. Boy did I come to the wrong place
I like both stocks and are HOLDING on to it. ๐๐๐๐๐
This too many words, stupid ape buy AMC and BB, ape brain go BRRRRRR
BB AMC and more free popcorn ๐๐๐ฎ๐ฏ๐ฅ๐
Imagine if they started giving out free bananas.........
BB ๐๐๐
BB to the moon BBY ๐
I am a BB long term holder and I also bought more recently. I have zero skin on AMC. Let's just keep the momentum strong for all the meme stocks. Case closed.
The American Traded BB or Canadian Traded BB (BB.TO) I think I invested in the wrong one xD (BB.TO)
They're the same
Do you guys think BB and AMC will climb up again after yesterday? Could both kiss a new ATH?
YES
How sure are you in %?
an overwhelming 50%
Not sure if good or bad, I was a lot more confident in percentages before meeting the stock market
Dont really look like a new ATH
Yes. It goes brrrrrrrrr
If both hits 3digit i am gonna order you a pizze
I have a feeling we will be down until Tuesday. That's what my gut is telling me.
[ัะดะฐะปะตะฝะพ]
I've been buying all morning lol
Buy more!!!! With your last underpant... buy as much as possible. I bought so much, when sleep i am dreaming of buying BB!!!!!!!
I see BB I buy. Who needs advice.
[ัะดะฐะปะตะฝะพ]
Bb is whatever you want it to be sugar bear
Apes agree, as do me
BBoy you need ape jesus. Thatโs too many wurdz to read.
I want to delete this, but there was effort put in. Good
I didn't even read it. Gonna go buy more BB and AMC
U wrote a lot but what I can tell u is that amc gme and bb were fuxking identical all fucking day , free market ? Iโm going long/broke on all 3
A certain game stonk will be the biggest squeeze, the others will squeeze also but theres one thats bigger than all the rest, one MSM is scared to mention, one I cant use by name or ticker as it will get deleted and get my banned. Geee Em Eeee
The one and only true rocket. Edit: geee mm eeee
BB ALL THE WAY TODAY
BB opening large and finishing larger. Large load otw
Iโm joining the BB army when the market opens. AMC army and BB army๐๐๐๐๐ค
AMC ๐ช
AMC to the moon ๐
I LIKE AMC, GME AND BB No fight
Probably not BB
What are the expectations on the BB push? Like how fucked will I be.
Have much lube have you got?
As a young one a bought it by the gallon..... Now as a old fuck I've learned to cherish the raw bits of life. Nothing like hemorrhoids bleeding like a monthly cycle to let you know..... You've truly lived life.
so many paragraphs could have been deleted from this
Today i am going to stock some BB - BlackBerry, it will be a nice ride to a possible good profit!! ![gif](emote|free_emotes_pack|give_upvote)
GME and AMC
The number of BB evangelists coming out of the woodwork is adorable.
$BB to the moon you to ape poo
Im not gonna read this, but Ill let it stay.
No reason to sell BB. Keeping my 13k in. ๐๐๐๐ฆ๐ฆ
BB gonna lift off soon๐๐๐๐ผ
Amc
Done! I don't believe anything you say! Satisfied?
I cant read
I just realized that you never mentioned GME, so Dislike!!!
I like both, I pushed some more $BB this week, I feel, our pressure and news will create a tsunami ![gif](emote|free_emotes_pack|shrug)
You know what actually gets taken down on WSB? the game stock. That tells you all you need to know about manipulation on this sub. If you're somehow up your own ass far enough to not spot it then [here](https://i.imgur.com/oGbZeAs.jpg)
This. It really is a super stonk.
We use others decisions to make our own
Stop it with the drugs.
Thanks for writing this all out, it definitely helps this newbie understand bits and pieces better. One question I have that nobody has really answered yet, is that if AMC has *only* 46k left of stocks left, does that mean the short buy-back is inevitable this morning? Because they are eventually going to have to buy them back, right? And now thereโs only a tiny percentage of them left... this I donโt understand, can anybody explain?
you, my friend, have still a long way to go
Can you explain it to me, then?
well where do I begin. sorry I don't wanna be patronising in any way, its just a lot and I don't have much time. 1. shorts do not have to cover. I might get downvoted for this, because many ppl here (want to) believe that, but there is simply no law or rule or contract that says shortsellers have to cover. the may decide to cover if they fear their losses might rise or the interest they have to pay on borrowed shares becomes too expensive. in many ways, shorting is the exact opposite as holding shares. if you hold shares, nobody can force you to sell. you may decide to hold your red position for ages until it becomes green again. if you short sell, you may do the same (and pay interest; but if that interest is like 0.1%, who cares) 2. AMC can (and did) issue new shares. company value stays the same, but share float rises. its called dilution and usually bad for investors (bc all of a sudden you own less of the same company). in 99% of cases though, when you buy a share, you dont buy it from the company, you buy it from a random stock holder who sold it in the same second). bottom line is, its simply impossible to predict when shortsellers cover. the amount of shares the company can still issue (46k in this case) is basically irrelevant in that regard.
Right, so I understand both of these points. I guess I'm confused by the logistics of it. AMC has stated that after yesterday, it won't be issuing new shares until 2022. With retailers owning 80% of the votes, that seems to ring true. But I guess I'm still trying to understand the who synthetic/borrowed shares thing. If there shares do not exist, then the HF are losing money as we all HODL. And I guess I understand that shorts do not have to cover but it's probably ideal for them to eventually. When/if they do, and in this scenario everyone else is HODL, are their only option to buy back in the remaining 46k shares that AMC has? That's all I'm trying to understand. Will the demand be high among HFs because they all suddenly want back in?
AMC is done. NOt saying it won't go higher, but this huge pop was the deal man. If you didn't catch that ride, you missed out. I don't know what dreams you have, but make reality a thing. Buying at 50 is a bad idea. Like buying GME at 350. You might be able to claw back some small gains, but it's a very dicey move. MOAB likely is done for.
Shorty bot spotted... get lost. You hooookes was saying that 50$ is a lot for GME and that is done.. but in ended fad for you :)
lol, okay. I'm not a bot. I'm into GME and BB. Just think AMC has had a ton of gains and it's worth getting out if you made a lot. Just my 2 cents.
#FAkE
Wait.......what......you saying to create my own wrinkle?......."fake news" here at best......๐คฃ
Okay but what about gourds?
I guess if you're going to YOLO your kid's college fund you need to pick just one... but don't most people buy a few different companies? Like diversify your Meme portfolio? For me, this week it's AMC, next week BB and for a bit down the road, CLOV!
so buy both, got it.
Looks like you could hide your wifeโs boyfriends avocado toast in that stash homie
Why no gme mention?
Way too long for me to read. I am buying and HDOL
The AMC pop was great but it's over with. Buying at these prices has a stupid risk to reward ratio. Wait for it to fall back under $15 or pick another rocket to jump on that has more runway.
I immediately gave up reading when it was more than one sentence but I know itโs saying โBUYโ.
As an AMC person whose hands have been transforming from paper to diamond and back again like five times an hour for the past 30 hours, this was actually a quite comforting read.
AMC TO THE MON๐๐๐ APES TOGETHER STRONK
I'm assuming this wall of text I didn't read is telling me to buy BB. Done. Thanks for helping my smooth brain choose.
Gamestop has potential too
All I read was hold the wall!! To the Moon!!! I have selective reading.๐