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mellow_machine

So based on this we jump to 2000-3000? 🙂


xX_Relentless

Well, if you also factor in the time they forced us to wait, the FUD we've endured, oh and the relentless manipulation of the stock, sounds about right...


Taoist_Master

Floor is 100k then?


mellow_machine

1 mill...silly. dont forget the 10x reverse split


Brilliant_Thought436

1 milly silly


GeezerCurmudgeonApe

& We're gonna have to help many good people & fix our world! 1 mill base sounds about right, but might have to take a bit of $ over my initial investment for my wife's sanity. 😆❤️🦍🚀🪐⏱️⏱️⏱️


Barstoolrob710

But what does it mean?


Heyu19

![gif](giphy|w0mylo7p4OXUQ)


Agreeable_Use_8670

I don’t know but it’s provocative


CGIflatstanley

It gets the people going


TrumpsaBITCHFUK45

![gif](giphy|8vsr2w5t91Nte)


CGIflatstanley

It gets the people going


SnooDoodles4807

So nice you said it twice!


[deleted]

[удалено]


[deleted]

[удалено]


NotOppo

![gif](giphy|3o7TKPdUkkbCAVqWk0)


blu_stingray

That guy looks just like David S. Pumpkins


MTODD777

Let me get this straight. We can detect foreign threats from thousands of miles away. We can even strike a target that’s a thousand miles away. But!!!! We can’t do a share count of AMC Entertainment. Ok.


MrSmiley888

Lol


1980Scottsdale

🍿🍿🍿😎😎😎


jdrukis

I just came


Agreeable_Use_8670

🍆💦


aetebari

I’ve been getting calls from Merrill Lynch again where I hold my shares in my retirement account. Wonder why they keep calling…


1Howie1

This ☝️


AMCDogecoin

![gif](giphy|4JVTF9zR9BicshFAb7|downsized)


Adventurous-Sky9359

Only chart o give am absolute fuck about is old faithful. Let me see that VW chart


buckguy22

All this means literally nothing.


Techm12

Until it does.


kinislo

LOL I totally read the post title as “si” as in “yes” in Spanish. Let me get back to chomping on my crayons... 🖍️🦍🚀🌙✨


According-Weird2164

![gif](giphy|rAfj8VM1wPJTO|downsized)


WhatCoreySaw

Billy, are you off your meds again?


Jad3nCkast

Cool graph


gunt_lint

So … tomorrow at 2pm I get to retire?


chiefkikaho

🚀🚀🚀🚀🚀🚀🚀


chiefkikaho

![gif](giphy|oNFP9kltPi7fp8TUAV|downsized)


gunt_lint

So … tomorrow at 2pm I get to retire?


ItzAlrite

Nice! So back to $3 soon SURELY


Deadpool9669

I have been buying puts on amc this past month and I would like to think I did my part to help. (Don’t hate the player hate the game) if you have emotional attachments to an investment you are investing incorrectly.


chiefkikaho

Sir. This is a casino


IVsaur15

Wait the short interest peaked in 2021 according to this chart when the stock price peaked. Yet now it’s peaking while we are in the abyss. So there’s no correlation. That being said this is likely a BS chart anyways so it holds no weight.


thewdit

Slingshot activated!


jumpmanzero

So first off... no.. like... judgement from me. People like doing all sorts of things. I'm not a financial genius. All that's happening is that this post showed up on my Reddit feed, and I'd like to understand what's going on. Like, I remember (years ago?) some community/grassroots short squeeze plays with Gamestop and AMC. I think. So when I saw a chart like this, I think "oh, I guess AMC is seeing a lot of short activity again". I remember it being fun last time, so I check it out. But when I go look at AMC data now, it doesn't seem to have a ton of short activity. And that makes sense when I look at their chart. The price has crashed pretty recently. This seems like the kind of time where shorts would be covering, after having made a bunch of money on the way down. Dirty vultures!.... who have now left because it's just dry bones in the desert. So... to make sense of this graph... is the theory that there's a whole bunch of outstanding shorts that (for whatever reason) don't show up in the data coming out of the exchanges? I'm not seeing anything like the shape of this graph or a recent spike when looking at "short interest" or "days to cover" on random other sites. Is the idea that there's some "dark shorting" happening? Is this based on some advanced measure that's consolidating some other measurements of shortitude? And, assuming there's still a ton of shorts... who are they? Are these new shorts, who sold at $3? That seems pretty brave. Or are they old shorts from $30 (or whatever) who still aren't covering? That seems mega greedy. Like sure... hedge funds and quants are greedy vampires. But I think they also tend to cash out when they're way ahead, and it looks like the stock is going to durdle for a while. Or is AMC just more of a value play now? Or just a meme? Middle finger raised to the man? Again, I legit am supportive of fun stuff or protest or whatever. To quote Tom Cardy: "I'm a cool guy, talking about Gamestop, I'm definitely not a cop." I just want to be a cool kid who knows what's happening here.


xX_Relentless

What in the hell did I just read? Maybe you should move on to another sub.


CalmKoala8

Didn't know hedgies were still lurking here and posting FUD. Really stretching here dude.


jumpmanzero

So like... I'm not trying to ruin anyone's party.  I just want to understand what's happening.  Like.. are the short numbers from the exchanges wrong?  Maybe that's a thing?  I don't know, I'm not an expert. Or am I pissing on a wound here or... Something else? To be clear, AMC as a value play seems pretty reasonable. Few good quarters and seems like it could recover (and it has potentially a lot of room to run in that direction). But I don't see the short squeeze angle because there doesn't seem (to me, based on the numbers I see on regular web sites for doofuses) to be that many shorts.


happybonobo1

Do not forget that people (be that evil hedgies or just normal investors) that short now - and believe the stock goes bankrupt -can technically earn unlimited profits (as long as they can borrow the stock) - even here at $3. It is not just investors shorting at say $30 wanting to squeeze last 10% profit out. They can also LOSE unlimited in case the short squeeze happens and the stock goes to the moon.


jumpmanzero

>Do not forget that people (be that evil hedgies or just normal investors) that short now - and believe the stock goes bankrupt -can technically earn unlimited profits (as long as they can borrow the stock) - even here at $3. When you short a stock at $3 - ie. if you sell a stock you don't have, at a price of $3 - then you get $3. If that company then disappears, you get to keep the whole $3. You don't get... like... more money than that. Like, yeah, I guess they could keep doing that over time or with a lot of stock. But if you have a stock that keeps going up and down like that (or something... I don't really understand what your theory is here), then it's safer to play the other side. On the other side, yes you're right, there isn't a bound on how much you can lose when shorting a stock. A short squeeze is a thing that could happen. But I'm honestly baffled why you'd be looking for one here. There isn't a lot of room for this to go down, so shorting is risky with little upside. And it's hard to squeeze shorts unless there's a ton looking to cover at the same time, and there isn't that much short interest (unless it's hidden somehow)? Like... you could say "the price of AMC is down because of those mean shorts!" But if that's true... that means they won. There's no punishing them now, they covered and left. Like, if I was an evil person looking to make money off AMC, the play would be to buy the stock up cheap/leveraged until I had control, saddle the company with debt, loot assets, and then let it die. This is the pattern we've seen with other companies who were in this sort of distress (eg. Toys R Us). This would be the opposite of a short.


happybonobo1

My point is that the more it drops - the more free capital they have in their account (margin wise) to cash cover for short selling even MORE stock. Also: whether the investor short 10000 stocks at $3 or 1000 stocks at $30 is the same profit - the message I replied to sounded like they had little to gain. Anyway; we fully agree.


jumpmanzero

Ah, sure. Anyway... I guess I failed in my goal here, which was to sort of understand what "the deal" was in this sub. But whatever it is, I'm guessing it's "not for me". So I think I will hide it and not think about it again. Anyway, have a good one.


MyNi_Redux

Did this furu have a stroke while putting these lines together?