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CowboyStar88

CowboyStar88

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I am curious if there are any AMC diamond-handed APEs in here? I've been holding since Jan, and buying and selling options along the way it's been fun.
 
I am not, but my brother is a /WSB Autist lol. I am more into Crypto right now, hanging out on Stocktwits
 
ShortRound131 said:
I am not, but my brother is a /WSB Autist lol. I am more into Crypto right now, hanging out on Stocktwits
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I haven’t been on WSB since the GME thing they actually hate AMC it’s weird. But we blew up after hours yesterday so today could be wild.
 
CowboyStar88 said:
I am curious if there are any AMC diamond-handed APEs in here? I've been holding since Jan, and buying and selling options along the way it's been fun.
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Be very cautious with those forum momentum plays. Once they lose interest in manipulating the stock and pounding out the shorts, it will take a huge dump. It's certainly not gaining on fundamentals.
 
CowboyStar88 said:
I am curious if there are any AMC diamond-handed APEs in here? I've been holding since Jan, and buying and selling options along the way it's been fun.
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I held GME for 3-4 months before selling for crypto. I held through the lowest point and sold when it sat idle at $140-$150. I did not trust what I was hearing in hearings by politicians doing the questioning against robinhood and the hedgefunds. The more I was expecting good news the more I became disgusted with who was representing "us". I had zero interest in AMC since it was following everything GME was doing.

Today a guy at work was talking about it again, checked it out, not sure what changed between then and now but it seems there's some upward momentum. I'm not expecting unrealistic 6 figure shares, but I bought a handful of AMC since the losses would be minimal if it didn't pan out, also ended up buying 1 whole GME. I don't plan on putting more into these just because the whole stock market, manipulators, and people that oversee it I don't trust. I am fine with leaving my money in crypto during these dips because I know it'll bounce back. These meme stocks seem like a much higher risk, but if you put in a little it's not going to hurt you. Just tired of hearing wait for the news in 2 weeks, which turns into another 2 weeks, which turns into a month, then another month. I know some changes have been made to restrict hedgies and their reporting, but it still feels like they can do as they please. The idea of synthetic shares and these hedgefunds playing an endless cycle just screams manipulated casino. Will we see anything, hopefully, but expect the worse lol
 
Once this crossed $21 bucks all fundamentals went out the window. People who are throwing out 6 figures will be bag holders in the end. And as far as GME and AMC go we did appear to breakout of the same pattern a few weeks ago. Anyways it’s been fun I have made and will continue to make A Modest Chunk of change. :cool:
 
CowboyStar88 said:
Once this crossed $21 bucks all fundamentals went out the window. People who are throwing out 6 figures will be bag holders in the end. And as far as GME and AMC go we did appear to breakout of the same pattern a few weeks ago. Anyways it’s been fun I have made and will continue to make A Modest Chunk of change. :cool:
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lol PLEASE tell me you held. What a day./
 
What a day is right. Between yesterday and today, I'm up $91,000
 
ShortRound131 said:
lol PLEASE tell me you held. What a day./
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I've been holding since Jan. I was up to 300k. A small HF covered (20m) shares which shot the price up, and Mudrick sold the 11 million shares which created FUD and some selling pressure. They have borrowed almost all that 20 million shares that were returned. There are hundreds of millions of shares outstanding and if that 20 million return made the price spike by 50 bucks can you imagine what is going to happen when Margin Call happens, and a Gamma? Hold on tight! I had to sell 2 contracts that expired today but made a killin. Anyways this hasn't even started yet, so sit back and enjoy the ride.
 
Oh and that idiot Trey needs to stay off the TV! He stole DD in the past from others. I know a lot of the leaders within the community are reaching out to all the content creators, discord mods, and Reddit mods to discuss how we can keep the in-fighting to a minimum. Yesterday created a huge divide within the AMC community.
 
CowboyStar88 said:
I've been holding since Jan. I was up to 300k. A small HF covered (20m) shares which shot the price up, and Mudrick sold the 11 million shares which created FUD and some selling pressure. They have borrowed almost all that 20 million shares that were returned. There are hundreds of millions of shares outstanding and if that 20 million return made the price spike by 50 bucks can you imagine what is going to happen when Margin Call happens, and a Gamma? Hold on tight! I had to sell 2 contracts that expired today but made a killin. Anyways this hasn't even started yet, so sit back and enjoy the ride.
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look at this little whale right here, lol
 
Today was awesome! This morning when we made our way to that $58.71 vibration line we just didn't have enough buying pressure to pass and hold, but that changed 20 mins later on a breakout over $60! Unfortunately, we got beat down by the algo, and day traders exiting positions. So AMC ended up consolidating But closed at $57 on the nose with over 300m in volume. So we should gap up in PM and open at $60 or just right under it to test it again. With all the options ITM (potential gamma) this week and FTD's hopefully being delivered AMC could see wild price movement this week, as long as we don't get ****** again. It's happened like 4 times now. I haven't slept in 48 hours either because. I've been deep in DD

Gonna try and get a few hours of sleep tonight. Oh, and I bought a bunch of PUTs for July 16th against High Yield Corp Bonds. There was Another 400b in Reverse Repo's today as well... The Market is gonna tank. *AMC will be the safest place when it happens*
 
CowboyStar88 said:
Today was awesome! This morning when we made our way to that $58.71 vibration line we just didn't have enough buying pressure to pass and hold, but that changed 20 mins later on a breakout over $60! Unfortunately, we got beat down by the algo, and day traders exiting positions. So AMC ended up consolidating But closed at $57 on the nose with over 300m in volume. So we should gap up in PM and open at $60 or just right under it to test it again. With all the options ITM (potential gamma) this week and FTD's hopefully being delivered AMC could see wild price movement this week, as long as we don't get ****** again. It's happened like 4 times now. I haven't slept in 48 hours either because. I've been deep in DD

Gonna try and get a few hours of sleep tonight. Oh, and I bought a bunch of PUTs for July 16th against High Yield Corp Bonds. There was Another 400b in Reverse Repo's today as well... The Market is gonna tank. *AMC will be the safest place when it happens*
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I am not an expert by any means but I have a feeling the institutions are going to put constant downward pressure on AMC stocks all week to try to keep the stock below $60 to avoid the June 18th calls.

On Monday the retail investors were able to counter the downward pressure by bringing pent-up weekend FOMO and just-got-paid-Friday investors out in force, but I have a feeling that upward retail investor driven support is going to wane some over the next couple of days as more of them are fully extended which will push the price down a little.

It is likely that most of the June 18th ITM calls have already been covered or hedged and probably half of the $59/60 calls have been as well while they see how the next couple of days go.

I also think the institutions will do their best to avoid the short squeeze this week while trying to shake a lot of the FOMO investors away from the stock by muting or diluting the high expectations retail influencers have been putting on June 18th as the day of reckoning. There were already hints of that Monday when you saw a lot of people acting like it was a disappointing day despite the double digit percentage gains for the stock.

Regardless of how or when it plays out, it is fascinating to watch all of it unfold :D
 
Reality said:
I am not an expert by any means but I have a feeling the institutions are going to put constant downward pressure on AMC stocks all week to try to keep the stock below $60 to avoid the June 18th calls.

On Monday the retail investors were able to counter the downward pressure by bringing pent-up weekend FOMO and just-got-paid-Friday investors out in force, but I have a feeling that upward retail investor driven support is going to wane some over the next couple of days as more of them are fully extended which will push the price down a little.

It is likely that most of the June 18th ITM calls have already been covered or hedged and probably half of the $59/60 calls have been as well while they see how the next couple of days go.

I also think the institutions will do their best to avoid the short squeeze this week while trying to shake a lot of the FOMO investors away from the stock by muting or diluting the high expectations retail influencers have been putting on June 18th as the day of reckoning. There were already hints of that Monday when you saw a lot of people acting like it was a disappointing day despite the double digit percentage gains for the stock.

Regardless of how or when it plays out, it is fascinating to watch all of it unfold :D
Click to expand...

I think most of the options are at the 40 dollar mark so anything above 40 Friday evening is a huge W.

Past 60 we probably just go and test all time highs and get gamma squeezed to 100 potentially.

I think it gets attacked hard today. If not today then maybe Thursday and Friday. If it starts to gamma squeeze they are going to be in a world of hurt.
 
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