I’ll say it another way, saying that AMC has a value under $16 based on cash flows, growth, industry trends has nothing to do with MSM and it is not surprising to anyone, it just maths and some financial knowledge. Assuming that MSM is trying to manipulate by saying the intrinsic value is lower than current price is what made me lol.
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And would you look at the top 2 ‘related’ posts on that page… Shillbot Supremo Cramer and another Pump n Dump, Newegg.
Cramer is a good example, WSB loves/hates him depending on wether he is with or against them. I’ve seen the cycle many times since I started following wsb in 2015. Bias.
But the $10 PT above garners no reply from you. The crux of what we’re speaking about. I should have not replied again, gave you an out.
Not been to WSB since February but I can tell you Cramer is despised on all GME related subs.
Well, that is an opinion piece without any evidence apart from saying, fundamentals “are terrible”, which atm they are.
But the writer has an opinion which is different (only slightly tbh) to mine but that doesn’t mean his opinion is not valid and that he is a shill.
I have done my own calculation and trust it enough to not get emotional by opposing opinions. The problem is most people here only started investing this year and might not feel the same way, and think they are being deceived but this is how investing works.
You already said you think the market wasn’t set up to benefit you. But I definitely don’t fell that way after being at this for long enough. And at the end of the day if you want to beat most HFs all you have to do is invest in the S&P.
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Until we have enough of a subset that we can ascertain a fair target then they are individually meaningless. Opinion pieces like this, recommendations, PT’s or the like shouldn’t be allowed. Let’s all get up in arms about the Redditors that have lost money due to reading xxxx or someone seeing a few rocket emojis in here but no one cares about Cramers obvious duplicity, etc. At what point is it ok to revisit a previous PT/Recommendation and call someone bad at their meaningless, unnecessary job?
This is how it has always been, different opinions make the markets. Price targets on their own are pretty useless, I agree, but I still update my valuations every quarter and my own values can change drastically sometimes. So changing a reccomendation on a highly volatile stock that increased 700% in 7 months is not surprising.
Some Redditors also made money because they manipulated others to buy at any price and/or got lucky. This is why I think people should be educated before they jump in just because Reddit, Cramer, or whoever told them to do it and did the DD for them. When I started investing I was told I needed to read books and follow the market for 6 months before buying my first stock, and even then I still made mistakes, but those mistakes are my own and I don’t blame anyone else for them.
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I’d love for you to show me one instance of someone blaming a Redditor for their losses? Who do you think has lost except fools playing options. The price is in the green for around 2/3 of buyers. The rest are waiting patiently to get picked up, and having a good joke about it too! Do you frequent Reddit often?
Sorry but it is very TRUE that some, only some, redditors tell the world that it is 100% going to the moon and manipulate it to sound fool proof.
Some other people then take it as gospel and then lose money. Every time it peaks they say I bought X amount more as just the beginning so buy, buy and more buy etc.
And yes there will be others doing the reverse but to deny it is happening is well mad or something a shill would say 
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Sorry but you are the one that mentioned the redditors that have lost money. I am simply talking generally about how people like to blame everyone but themselves, like MSM.
And you said it yourself, in the green for 2/3 of buyers, so there are some losers at the moment.
It seems that people love to brag on forums when price is high about how they just bought last week and say they are happy that they sold yesterday after the price dips…
Show me. I asked for an instance of someone crying about losses, show me someone pumping.
Blame for what David, I’m massively in profit. I highly doubt that, without a double bankruptcy, I will lose a penny. I mentioned Reddditors because I’m sick of the false narrative of concern for their money. You are concerned for your own and the ramifications any upheaval from this may have. Be straight and stop the ‘caring’. Honestly, no one cares about your money.
I would also ask for one instance of Reddit showing Cramer love, from your years of being on WSB (I was only there a wet weekend).
Ok, first I haven’t been talking about you specifically. I replied to you in the first place because I wanted to give my opinion, to educate as you already pointed out, mainly for the benefit of other readers. I simply thought your opinion on the price targets was a bit dangerous, a $8-12 valuation for AMC is a perfectly valid number based on cash flows and people should consider that when they buy in, as so many people have said before this is not a value play. And a $1 price target for AMC back in February is not more unrealistic than $40, but here we are.
Secondly, the main reason I follow this AMC drama is because I know people who invested a lot of money in this. Believe it or not, I also care about new investors here making or losing money, I enjoy the community and I enjoy teaching what I know, that is why I am here, I join the forum every once in a while and see if anyone has questions about investing and tax matters. I am not here to shill, it brings me no benefit, I have no idea what “You are concerned for your own and the ramifications any upheaval from this may have” means. However, you are right, I do not care about redditors money, specially when the seem to enjoy posting their losses.
You asked for examples, so I can come back later when this is over and probably give you some. Although you’d have to be naive to think no one has lost money so far just because they haven’t posted it on a forum.
Ok, ok. I have an opinion on price targets being meaningless for the most part. I used the word meaningless myself in agreement with another user.
I asked for examples of Reddit showing Cramer love or people crying about their losses. Maybe they did love Cramer at one point(!) I’ll stand corrected if needed. What I’m hoping you’ll show me with those crying about losses is either people who sold when they shouldn’t have i.e. too early (just look at current price). Or people who played options.
I’m new to this. Do you think AMC are a good buy at the moment? I can see them going up as things re-open and people get out and about.
This is not over yet though so hard to give examples of something I think will happen in the future. An example from the past, different situations but I think it applies quite well, is SXX back a few years ago when people lost their whole pensions because someone told them it was going to moon.
The Cramer example I won’t try to find after 7 months of posts, so I don’t mind removing that comment from my argument. Sorry, I didn’t give evidence but I won’t bother finding it.
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I wouldn’t buy on fundamentals at this price, it’s valued way higher that it was before the pandemic. the only reason to buy now is if you believe there is going to be a short squeeze. Lot’s of arguments for and against further up this thread
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I think it is good as a swing trade stock: it goes up and down a lot so you might buy on Monday cheaply and sell it on Wednesday for £5 more. I don’t believe anymore the big squeeze. But if it happens, kudos to the hodlers.
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It’s not for the faint hearted this stock … very volatile.
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There are people on this very thread (not that far back ie last 7 days) saying that they’ve sold for small losses.
I don’t see them “crying” but let’s not kid ourselves (and before you take it personally. I’m not accusing you of this but talking generally) that all amc owners got in at low prices and will be able to sell high. On that I agree with you that people need to take responsibility as the market doesn’t care.
However just because the market doesn’t care doesn’t mean that individual investors can’t try to help less experienced people. We’re still seeing people ask if they should jump on now.
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