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/biz/ - Business & Finance

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27510317 No.27510317 [Reply] [Original]

ITT we discuss EOW for AMC.
I basically want to know if it'll go sub $7. I have a lot of puts I can sell right now and want to know if it's a good idea or not, you know?

>> No.27511704

>>27510317
bump. Predictions anyone? I was feeling like a paper hands bitch this morning, but I held my 60 shares.

>> No.27511913

Bump

>> No.27511929

>>27510317
amc will tank just like gme

you owe me $1000

>> No.27512127

The stock follows GME. If GME tanks so will AMC. If GME moons then AMC will as well.
You better hope all those holders on reddit are right.

>> No.27512506

probably around $4 EOW

>> No.27512843

>>27512506
Don't say that :(

>> No.27513282

dont think in weekly time scales. I have scaled buy orders all the way to $2 and I will take profits starting at $10. trade the volatility not the price. then the only way to lose is if the company disapears. its not hard. no one should have a cost average over $10 right now. that pump last week was like 100%. which means everyone should be playing with house money rn.

>> No.27513544

AMC will be bankrupt by end of year

>> No.27513804

>>27510317
$20 EOD tomorrow. $50 EOW.

>> No.27514035
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27514035

>>27513804
Wai tho? Shorts have mostly covered, would it literally jump over 100% AGAIN just from GME related hype?

>> No.27514322

>>27514035
Your guess is better than his, do NOT bank your hopes on the fat cats not continuing to dump this.
If after market tonight and pre market tomorrow follow the same trend as yesterday/today, this thing is 100% finished. As of now it's hanging by a thread.

>> No.27514384

>>27514035
worse case you hold a few months and theaters announce a summer opening and exit then. very little downside risk if you have long time pref.

>> No.27515415
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27515415

>>27514322
Shills and Hedgies are giving them all they can to attack these stocks and even colluded with broers to not let people sell (CashApp today just did it too), especially with no one selling them. I'll give them until Thursday and if nothing happens and it keeps trending down, then they won. They're gonna prolong it as much as possible to make the hype die down but there will be a lot of bagholders from this. I'm one of those but I entered early in this

>> No.27515954

>>27515415
Good that you got in early, you can probably afford to treat it as a standard investment, and either hold if you got in around $4-5 or put it into something else. The pattern today is very similar to yesterday, so there is a real risk of the AH / PM taking to this to levels where it can't be recovered

>> No.27516265

>>27514384
Lmao this is the biggest cope from amcfags

>> No.27516341

>>27510317
I bet it consolidates around $6

>> No.27516473

>>27513282
I wanted to know if spreads or just straight up holding an option would be better. Based on what you're saying I think I should set up a spread on holding both calls and puts instead of writing them.
Would you say that's a better route so I can just sell the contracts?

>> No.27517681

https://youtu.be/reBPGh4n7Ls