/biz/ - Business & Finance

They're buying to short the stock because it's obviously overvalued

>>27664782
Wouldn't that cause the price to go up since the shorted stocks still has to be sold to people?

>>27664322
amc actually betrayed us but fixed it's value, i bet hedge fund will short the fuck out of it.

>>27664322
Why are you still in this fight?

>>27665821
I have an issue letting go. Im a hoarder too

>>27665632
I would have thought this too, can someone explain to a brainlet?

Because the stock market is rigged.
I have $10k in the market not including my 401k and I’m legitimately considering pulling it all out and putting it in crypto

>>27665821
It's not over yet until Avatar 2 releases. However, I think we can just wait and hold.

>>27665632
>>27665993

Opening a short decreases the price (selling shares). Closing the short is what increases the price (buying shares back)

>>27665999
trips is a sign

33% eth
33% link
33% rubic

>>27664322
jew magic. best to play it safe anon and invest in the jew's cryptonite: silver

>>27665999
with those digits you should. Watch the bitcoin prices and its volatity, but you can still enter 24/7, no circuit breakers or rule for thee and none for me. It evens the trading field. Normies like yourself are already coming in after they see how wallstreet just screws retail investors. Stay in stonks and good luck, we dont nerd you while the world moves on. Oh and banning bitcoins, exactly like when the government confiscated gold bullions and created alcohol prohibition. That isnt a government worth following. Protect the Constitution and the Republic.

>>27665999
Wew me too a internet frog just signaled

>>27665999
>>27665999
I'd put at least 10% of it in physical silver or gold. Crypto may be banned or taxed or otherwise regulated at any time. At least they have to come to your house to take your metal.

>>27666180
Still doesn't add up. Twice as many orders are being made than sells. With those kind of numbers we should be up to 40 dollars a share by now.

https://eresearch.fidelity.com/eresearch/gotoBL/fidelityTopOrders.jhtml

What's the price going to be when theaters reopen? I bought in at $16 like a retard and I lost hundreds of dollars.

>>27666406
>Normies like yourself are already coming in after they see how wallstreet just screws retail investors.
I’m already deep in crypto, I’m just talking about quitting the stock market altogether. The rewards are minimal

>>27666634
They are trading shares that don't even exist. The stock market is a fucking stupid boomer casino game

>>27666634

Could be that sell orders are larger or that buyers are more likely to market buy. And GME was in the green for today, plus other stocks have more buys but are in the red. GME doesn't stand out.

>>27666634
hedgies doing this shit

>>27666634
The orders are probably below market price, thats it. In fact, that being the case makes perfect sense when you think about the stock going down - the orders are only being filled when sellers adjust their prices downwards. The more orders below market price, the more sellers reduce their price and the lower the stock falls. I personally have a 1000 share bid at $2 per share, I'm sure many institutional investors have the same, so I guess I'm part of the problem lel

>>27666634
thats because a large number of those buys and sells are ladder sales, where hedgies sell off chunks of stock in rapid succession for a few pennies less per sale to each other to trick the system into looking like there's a big drop.

>>27667094
there's no such thing retard. One of your fellow cuck redditors literally made that shit up

>>27667094
>>27666974
Not sure if this is the case, have any proof?
>>27666879
This could be true especially considering the robin hood situation.

>>27665999
Same have about 16k in stonks all together but far more in crypto debating just saying fuck these boomer bags probably won’t even beat inflation and these yids just cheat whenever they want with this stuff.

>>27667153
demoralization

>>27667013
This makes the most sense. I wonder how many of them are in the circulation?

>>27667313
Do you know how an order book works? Literal braindead GME bagholding retard

>>27666775
how do you sell that which isnt?

>>27665999
>>27667260

Agree. If you want to fuck wall street don't play their game. Crypto has a transparent set of rules that no one entity can manipulate.

Short ladder attacks. Basically the hedge funds that are getting squeezed are selling lots of stock they dont own back an forth to each other for really low prices, that drives the price down. Then weak apes panic sell, make sense?

>>27666406
Based

>>27666145
you've already cleared a ton of confusion , if you don't mind to answer more question around options , i understand if you can't be arsed to answer
when it comes to call options :
1) if an option expires below the current market , that's in the money right ? normally if you sell that option you can get more than the money you would get if you exercise it , unless you think the stock would go up , why would you exercise it ?
2 ) if the current market price is above the strike price , that call option is out of the money , you can sell it for 0.01 , who the fuck buys it ? and if it expires are you forced to buy that option ?
i can ask the same thing for puts but i guess the answers would be reversed

>>27664322
semitic tactics what more can I say

t. still holding

>>27667401
Lol how so? Drop 100k on a cult shitcoin, watch them hold and shill, then cash out after x2. Its a daily, no?

>>27667550
So if they drive the price down, which is what they want, what makes it a trick? People talk about this as if the price going down is almost imaginary but it doesn’t seem that way. Am I missing something?

>>27664322
I recovered half my money from GME (about 2k). Should I just pull out and dump it into RBC or should I try saving my AMC stocks by dumping a few hundred into it on a dip to make my average go down to something more reasonable? I have about 75 stocks and my average is currently 15.75. How many shares at $8.70 would it take to make it drop to $10?

>>27664322
>Can someone explain to this retard how this keeps happening?
Securities fraud. Stock counterfeiting. >>27665347

>>27667929
https://online-calculator.org/stock-average-calculator.aspx

>>27667929
Like 200.

One answer: jews

>>27668032
>>27668018
Yeah, fuck that. I'll just pray it goes high enough to make most of my money back and dump the cash into RBC.

>>27667828

And? You can look at the coin and decide. For bitcoin, they can't change the rules on you. For other shitcoins, its on you to look at how the coin works, but its a free market.

>>27667920
Short ladder attacks don't exist. It's just something people tell themselves to believe they didn't just make a shit call. Big whales and companies trading 100 stocks between one another is regular business, and if anything the fact that people with less than 25k can't do it is disgusting.

>>27668087
Get it down to like $12 at least.

>>27666406
>Protect the Constitution and the Republic
>Wants to go crypto currency and not a PM backed currency as is strictly expressed IN THE CONSTITUTION
>PROTECT THE CONSTITUTION AND THE REPUBLIC
Go read

>>27668056
This.

Same with Silver, within the US there is no easy way to buy it right now but the price is $26

Even watching coin shows on TV they are selling bullion around $60-$80

Also the SEC is preventing foreign silver dumping on US markets for the time being.

>>27668126
are you retarded? read what I wrote again, not when you understand apply the concept on a grander scale, you cryptos cant be this fucking dumb and smart at the same time

>>27666394
>jew's cryptonite: silver
LMAO

>>27667612
1) Most people don't hold a call option to expiration. If you don't have strike * 100 your brokerage will probably auto sell it for market value a few minutes before it expires. If you do actually hold it you have to pay 100 * strike to exercise and you'll get 100 shares. You can sell it during extended hours or wait till monday. Since there is no time left its "extra" value is $0 at that point.
2) If it expires out of the money, its worthless, it just disappears from your account.

>>27667612
I think you might have it backwards.

1) For a call, if the option expires and the market price is less than the strike price, it won't exercise automatically. Maybe you can exercise it manually, but that would be literally retarded. Why buy a share for a $10 strike price if you can just buy it on the market for $5? It'd be throwing money away. You are OTM.

2) If the market price is higher than the strike price, you ITM. In that case, you COULD exercise the option, buy 100 shares at the $5 strike price, and then immediately sell them for them $10 market price each, and pocket $5/share (minus what you paid to buy the option)

Trading options before the expiration date gets very complicated. There are multiple factors that go into setting the prices, such as how far the strike price is above/below the market price, AND how much time is left until the expiration. If today is Monday, and the market is $4 below strike, that's 5 days for it to make up the difference. But, if it's Friday morning and it's still $4 below strike... that's a lot less time. You'll get less money if you try to sell that option, assuming you can even sell it.

It might help to look at the options yourself: https://finance.yahoo.com/quote/AMC/options?p=AMC
You can see the different strike prices and the current prices for those options.
(Open interest is the number of Options sold and not exercised)

>>27664322
Don’t worry about it

>>27668298

Oh, I thought you were complaining about pump and dumps. But are you asking how buying crypto fucks wallstreet? Because wallstreet owns stocks, not crypto. Some of them own crypto, but in general the rich do not have that much crypto relative to stocks, so buying crypto will increase your wealth faster than it increases the rich's.

For example, the top 1% own 50% of the stock market. So for every $1 a person in the 99% makes on stocks, a person in the top 1% makes almost 100x that. The rules are also different for retail and hedge funds / investment banks, severely disadvantaging retail (wallstreet sets the rules). For crypto its a much more level playing field on both parts (no one can change the rules).

>>27664322
Iceberg orders.
They'll show 100 shares, but in reality when they hit 'zero' they show another 100, ready to sell because they are trying to unload 1000s of shares without telegraphing how much they actually have.

>>27668188
Tell me more fucking shill, go on

I believe in the waaaagh. Ork Anon is always right and AMC is for da boyz

The SEC would go down on a dick for pocket lint.

>>27669239
You are so incredibly unfathomably retarded. Do me a favor and go all in on the stock market, you'll be destitute within a month and everyone will be better off

>>27668560
cheers
>>27668595
yes i fucked it up i know that a call need to be below market price to be profitable , i'm just tired it's 4 am here , little confused , thank you for clearing that up

>>27669595
Cry more shlomo

>>27664322
Hold it or buy . It made a play to survive and wait till next year to seep at around 30 a share . Once the pandemic is over it will rise .

I'm holding. Just gonna stuff this into the back of my mind for the next few months and check back when all the covid shit is done.

>>27667400
They trade off “dude trust me” , but the money they get is real.
They actually had a lot of failures to deliver in December, where when they have to show the stocks they have nothing.

>>27670272

according to market watch the target price is 1 dollar

good luck

>>27670467
Jewish tricks

>>27664322
https://wherearetheshares.com/

>>27670467
Thanks shlomo

>>27670467
Yeah, I saw that. If it does I'll just buy a bunch more in prep for non-covid times.

>>27670617
And I read the article too. Low is $1, mean is like $2.something, and High is $5.

>>27670617
Lol if it goes to $1 I can average down to like $2

>>27665798
Mark Cuban says hold

with the money i wil finaly open the coffee shop of my dreams

If the stock doesn’t pump by Friday, the stock market is cooked. No more retail investor profits. If you have long holds in Tesla and other blue chips keep them. Sell the rest and buy cryptos.

>>27668018
You people need an online calculator for this?

>>27670893
Thought about this. Managed a coffee shop in college. Either a coffee shop or a low overhead sandwich place.

>>27670893
>akua is going to open a coffee shop with GME money
I don't live in japan or even speak japanese, but still good news.

>>27666394
funniest post all day

>>27669239
People on your own cult subreddit were making fun of people for thinking that whales trading stacks of exactly 100 were bots or unnatural. It happens with every stock. Go check Amazon or AMD right now. That's the norm, you silly newfag. Also you can still make a profit from selling. It's called taking the L and putting it into something that'll return your investments.

>>27666643
>What's the price going to be when theaters reopen? I

It was at $30-35 range when Covid hit

>>27664322
Jews sit around all day talking about money. They set honey traps, trap your money when you fall for it. They control the narrative, you fall for the shill. It/s not rocket science.

I am down 400 dollars I should have never put it in this is the first and last time I ever follow the meme. average is exactly 15 even. please just hit 15 so I can escape this demoralization hell

>>27669595
Damn, that's some solid points, I believe you now.

>>27671604
No it wasn't. AMC's stock price has not been above $10 since 2017

>>27671800
This. Also $400 in at slightly under $14.

>>27667550
Is there a point where they won't be able to continue doing this? If so, wouldn't it recover from the sheer number of buyers?

>>27671931
Wrong, it went down past $10 right about when covid hit, I'm looking at the 5 year graph right now.

>>27671604
>>27671931
Wow, another set of false shill messages.
You’re boring.

>>27670893
>coffee shops are literally illegal in most countries

>>27672263
Why?

Down $2,000. I'm becoming a monk.

>>27672263
>coffee shops are literally illegal in most countries
>most countries are 3rd world shitholes
Checks out.

>>27672129
>>27672139
Chink shills

>>27669595
solid points, fucking trash.

>>27672673
No you’re wrong, you’re supposed to call chink shills whoever suggest to hold the bags until people go back to see movies once the theatres are open.
I bet that your superior is very mad at you at this point, you fucked up.

Also don’t bother suggesting us to buy silver.

>>27672408
Put a little sugar and whipped cream in there and yuppies will pay you $5 for a $.50 cup o' joe.

>>27664322
>>27664322
>>27665999
>>27667260
>>27667615
>>27668188
>>27669239

Maybe this:
https://www.youtube.com/watch?v=I0WXg5T3cBE

Am I retarded for thinking AMC might actually bounce back once coronavirus fucks off?

>>27672408
Because coffeeshop is a place where you can buy weed with no prescription.

>>27673300
I heard a lot of times that AMC is a good long investment.

>>27673300
If you’re under $13 you’re good.

>>27664322
>More buy orders than sale orders for Gamestop and AMC
Congratulations, this is the most retarded thing I've read on the internet all day. I can explain why you are wrong, but I'm sure it will go over your head.

>>27673564
Post nose

OMG NO NO
THIS STUPID NIBBAS TRY TO FILL THIS THREAD WITH THEIR TRASH
DON’T BE AN IDIOT WHO BELIEVES THEM

> I AM SMART ENOUGH TO USE PLAYCENT AND DON’T SEE THIS CRAP THEY ASK TO JOIN

>>27673300
i have faith in it.
> no more debt because of this hype they unironically were able to fix their dying business
> reopening of most of their locations
> BlackRock buying up shares of AMC

>>27673300
The only reason given it should plummet is that they shorted it at dumb prices.

>>27673622
> nibbas
just say niggers like the rest of us

>>27673622
HOLY SHIT, 20% OFF FREE LOOTBOXES FOR RAID: SHADOW LEGENDS?

This guy’s ID is literally ‘C .U. CK’ please come ridicule him: >>27671702

He needs many (YOU)’s. This is literally history guys. Biz has found the ultimate KEKold of the board. Come drop a (you) to mark yourself in the archive history books.... let’s get this to a record number of you’s don’t give the cu ck a break Let’s break record you’s

>>27664322
And many of those sell orders are shitlords like me with an open order at $100.

>>27666643

How much did you blow the last time you were in a strip club? or casino? or Disney world?

>>27672119
Anyone?

>>27664782
>Buying to short

>>27674161
Second

>>27665999
Crypto is also rigged (whale manipulation), it's just without stupid 70yo boomer retards who think everything is on the level and Trump is mean because he calls out pedos on twitter you don't have the type of attitude where people are uncautious pieces of shit and then get raped.

Crypto is the wild west and that's a good thing- no one pretends it's sanitized or safe, so people are more likely to strike it rich and go from 10k to 1m in a bullrun over the course of two years than on the stock market where a 'lucky run' is like 10k to 150k over a year.