Put the kid of the tablet, gave him a popsicle and told him to "leave me alone!"
Got an hour of charting in and they lead me to some possible breakout charts. Heavy rotation to financial sector when looking through 500+ charts just now.
Originally Posted by lewdog:
Oh you bet your ass I’m holding and gambling on AMC.
There's tons of talk about it going to 100K but who in the hell will be driving it past 1K ? I mean can you imagine buying a share at $5000 . Not me. Will the Hedgies be forced into that? I don't think so. [Reply]
Originally Posted by Hog's Gone Fishin:
There's tons of talk about it going to 100K but who in the hell will be driving it past 1K ? I mean can you imagine buying a share at $5000 . Not me. Will the Hedgies be forced into that? I don't think so.
Originally Posted by Hog's Gone Fishin:
There's tons of talk about it going to 100K but who in the hell will be driving it past 1K ? I mean can you imagine buying a share at $5000 . Not me. Will the Hedgies be forced into that? I don't think so.
That's the driving force of the 100k talk is that hedge funds will be paying it. What we are hoping happens is that after the vote/share count on June 2nd, if there is an abnormal amount if shares over the 500 million or so, that it will force a share recall. A share recall will force a closure on short positions. Nobody in their right mind would ever pay 5 grand for a share of AMC unless they are forced to. [Reply]
Originally Posted by rydogg58:
That's the driving force of the 100k talk is that hedge funds will be paying it. What we are hoping happens is that after the vote/share count on June 2nd, if there is an abnormal amount if shares over the 500 million or so, that it will force a share recall. A share recall will force a closure on short positions. Nobody in their right mind would ever pay 5 grand for a share of AMC unless they are forced to.
I dont think it'll ever get to that point. Uncle Sam will step in before that happens and save the hedge fucks. [Reply]
Yesterday rumors flew that JBS had been hacked and shit was going to hit the fan on the live commodities side. Today they've quietly confirmed something did happen. The company has been raping and pillaging for months, and it's still green right now, but if people overreact and drive it down this week it might be worth watching as a cheap gamble. [Reply]