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The Lounge>Investing megathread extravaganza
DaFace 11:23 AM 06-27-2016
A place to talk about investing stuff.
[Reply]
KC_Lee 07:56 AM 08-06-2021
Originally Posted by DaFace:
Do you guys not realize that most of the reason you catch so much shit for AMC in this thread is that you come off as the annoying friend who wants to invite everyone over for a Cutco party? If you're confident in your choice, great. I'm more than skeptical, but best of luck to you.

Just stop trying to convince everyone else to join your MLM, get rich quick, pyramid scheme.
I have some great opportunities with Amway if you'd like to hear about them.
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eDave 07:56 AM 08-06-2021
Originally Posted by MTG#10:
I have argued since the beginning the government will step in and bail them out, it won't be allowed to go up as high as it should. But it's still going to squeeze high enough to create a massive transfer of wealth...Citadel and the scum like them aren't getting out of this unscathed.
How much of your trading account to you have wrapped up in AMC? Not all of it? Shut the fuck up, dude. Roll it all you cocky bitch.
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TambaBerry 07:59 AM 08-06-2021
So there is 611 million legal shares of AMC, citadel is worth about 35 billion. The price only needs to hit 57$ to be worth as much as they are. We all know there is more out there then the legal count. The video states 1.48 billion as a realistic number. The video also talked about the government lending them money to cover and citadel using their long positions as collateral so that the market doesn't crash. I'm not sure why edave came at me like he did. I never once came in here and told you guys to buy or I'm going all in on it. At least not seriously.
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MTG#10 08:01 AM 08-06-2021
Originally Posted by eDave:
How much of your trading account to you have wrapped up in AMC? Not all of it? Shut the **** up, dude. Roll it all you cocky bitch.
I dont know what your ****ing problem is but again, go **** yourself you insufferable little bitch. Furthermore, I'll post whatever and however much I want, if you don't like it put me on ignore. Or don't and deal with it...I give absolutely zero ****s about you or your opinions.
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eDave 08:01 AM 08-06-2021
Originally Posted by MTG#10:
I dont know what your ****ing problem is but again, go **** yourself you insufferable little bitch.
Pussy. Like we knew. Who would listen to another thing you have to say here?

You want $50K? Easy money. And I really want to be dead.

You know what? Whatever. I'm out. Who the fuck cares anyway?
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ThaVirus 08:07 AM 08-06-2021
Alright, guys, time to take a chill pill.
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MTG#10 08:10 AM 08-06-2021
Originally Posted by eDave:
Pussy. Like we knew. Who would listen to another thing you have to say here?

You want $50K? Easy money. And I really want to be dead.

You know what? Whatever. I'm out.
Is this a cry for help? Not being a smart-ass seriously asking. I've always liked you man, not sure why you're blowing up on me but I'll try not to take it personally.
[Reply]
eDave 08:25 AM 08-06-2021
Originally Posted by MTG#10:
Is this a cry for help? Not being a smart-ass seriously asking. I've always liked you man, not sure why you're blowing up on me but I'll try not to take it personally.
There is nothing to like about me so don't bother.
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Rain Man 08:35 AM 08-06-2021
Originally Posted by DaFace:
Do you guys not realize that most of the reason you catch so much shit for AMC in this thread is that you come off as the annoying friend who wants to invite everyone over for a Cutco party? If you're confident in your choice, great. I'm more than skeptical, but best of luck to you.

Just stop trying to convince everyone else to join your MLM, get rich quick, pyramid scheme.
Tell me more about this Cutco product.




I have a shirttail relative who once posted a picture of her husband dressed up for his first day of work at a new job. I read it with interest because these people are inadvertently entertaining sometimes, and yup - door to door knife sales.

I like to envision someone ringing a doorbell while holding a large carving knife and then wondering why no one ever answers. I bet the first rule of Cutco sales school is "don't take the knives out until you're in the house, and even then that's not a good idea".
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DaFace 08:40 AM 08-06-2021
Originally Posted by Rain Man:
Tell me more about this Cutco product.




I have a shirttail relative who once posted a picture of her husband dressed up for his first day of work at a new job. I read it with interest because these people are inadvertently entertaining sometimes, and yup - door to door knife sales.

I like to envision someone ringing a doorbell while holding a large carving knife and then wondering why no one ever answers. I bet the first rule of Cutco sales school is "don't take the knives out until you're in the house, and even then that's not a good idea".
To be fair, a cousin of mine got into Cutco right after high school and literally made millions off of it. They really are good knives despite the fact that they're like $200 each, and he lived in a pretty wealthy area in Florida. He's a good salesman, so he managed to make a pretty reasonable wage doing it.

But he's smart enough to know where the real money was and aggressively pursued a "management" job after a year or two. Regardless of what that says about his morals, he was raking in ~$100k/month at one point.

He eventually got out, moved to Colorado, and started a marijuana lifestyle magazine. :-)

But anyway, the point is that these kinds of things usually DO result in SOME people making money. It's just usually not the masses.
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TambaBerry 08:43 AM 08-06-2021
Originally Posted by eDave:
There is nothing to like about me so don't bother.
Plenty to like about you man, if you ever need to talk my pms are open
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lewdog 08:43 AM 08-06-2021
eDave, go to bed.
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MTG#10 03:47 PM 08-06-2021
Swiss National Bank reports 325.65% increase in ownership of AMC / AMC Entertainment Holdings Inc

2021-08-06 - Swiss National Bank has filed a 13F-HR form disclosing ownership of 832,741 shares of AMC Entertainment Holdings Inc (US:AMC) with total holdings valued at $47,200,000 USD as of 2021-06-30. Swiss National Bank had filed a previous 13F-HR on 2021-05-07 disclosing 195,641 shares of AMC Entertainment Holdings Inc at a value of $1,997,000 USD. This represents a change in shares of 325.65 percent and a change in value of 2,263.55 percent during the quarter.

Other investors with positions similar to Swiss National Bank include Stifel Financial Corp, California Public Employees Retirement System, BlackRock Investment Management, LLC, Ascend Capital, Llc, Bank Of Montreal /can/, and Teachers Advisors, Llc.
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lewdog 02:26 PM 08-08-2021
AMC reports earnings tomorrow.

Bloodbath?!?!?
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MTG#10 03:03 PM 08-08-2021
Originally Posted by lewdog:
AMC reports earnings tomorrow.

Bloodbath?!?!?
I have a pretty decent amount of buying power ready if so.
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