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The Lounge>Investing megathread extravaganza
DaFace 11:23 AM 06-27-2016
A place to talk about investing stuff.
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scho63 10:29 AM 08-12-2021
Jim Chanos, one of the greatest short sellers ever went short AMC in the last week.

Be aware-he is smart money
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DaFace 10:53 AM 08-12-2021
I saw The Suicide Squad at an AMC on Tuesday. You're welcome, fuckers.
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scho63 11:03 AM 08-12-2021
Originally Posted by DaFace:
I saw The Suicide Squad at an AMC on Tuesday. You're welcome, fuckers.
MTG says: "Only once you cheap bastard? Go back 10 more times!" :-)
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MTG#10 11:14 AM 08-12-2021
Originally Posted by scho63:
Jim Chanos, one of the greatest short sellers ever went short AMC in the last week.

Be aware-he is smart money
This guy shorting isn't going to make the millions of synthetic shares dissappear, he's the one who should be worried.
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Chazno 12:22 PM 08-12-2021
Originally Posted by scho63:
Jim Chanos, one of the greatest short sellers ever went short AMC in the last week.

Be aware-he is smart money
Why is he one of the greatest short sellers ever? Everything I read says he generally keeps 1/3 of his portfolio short and it on average loses money. I understand him using it a hedge but where does he get this title?
https://www.yahoo.com/now/short-sell...%25%20annually.

I definitely see how him going to every media outlet that will listen and telling them hes going short and that things are worse than people know while providing no evidence could help him.
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scho63 12:33 PM 08-12-2021
He shorted Enron at the top when everyone thought he was nuts.

He has had some other big winners.

He could easily be wrong. But he is a pretty damn smart investor.
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scho63 12:34 PM 08-12-2021
I have no skin in the game on AMC, either long or short. Just a heads up...
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scho63 12:36 PM 08-12-2021
Lastly, all this talk about "synthetic" shares sounds like desperate hope.

If the SEC thought there was full scale fraud like so many claim, they would launch an investigation.
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MTG#10 12:58 PM 08-12-2021
Originally Posted by scho63:
Lastly, all this talk about "synthetic" shares sounds like desperate hope.

If the SEC thought there was full scale fraud like so many claim, they would launch an investigation.
It's coming.
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Buehler445 01:07 PM 08-12-2021
Originally Posted by DaFace:
I saw The Suicide Squad at an AMC on Tuesday. You're welcome, fuckers.
:-)
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scho63 01:18 PM 08-12-2021
Originally Posted by MTG#10:
It's coming.
So's Santa Claus.
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TambaBerry 01:23 PM 08-12-2021
Originally Posted by scho63:
Lastly, all this talk about "synthetic" shares sounds like desperate hope.

If the SEC thought there was full scale fraud like so many claim, they would launch an investigation.
They just did a share count where 2 percent of people actually verified their shares and it came out to 67 million shares. There are only 611 million AMC legal shares.
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lewdog 01:33 PM 08-12-2021
Originally Posted by TambaBerry:
They just did a share count where 2 percent of people actually verified their shares and it came out to 67 million shares. There are only 611 million AMC legal shares.
Fraud in the market and funny business in the dark pools has happened for a long time. As said before, just because it should happen, doesn’t mean it will. Or at least not to the level people are claiming it should.
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KCUnited 02:09 PM 08-12-2021
I've been in and out of PLTR. Scaled out some at $27 then dipped back in around the low $20. Strong revenue reports this week shot it up today.

I know there were some others in here with it. Bust out potential?
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ChiliConCarnage 04:31 PM 08-12-2021
Originally Posted by scho63:
He shorted Enron at the top when everyone thought he was nuts.

He has had some other big winners.

He could easily be wrong. But he is a pretty damn smart investor.
He was short Wirecard a year or two ago when it turned out they were lying about billions that didn't really exist in a bank account. It was one of the bigger German listed companies at that time.

.. course he was short Tesla for like 6 years in a row too.
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