Looks like today is a good day to sell and make some money.
Hi all I have had no luck on other chats with regards to this question,
I have shares in Robin Hood, everyone is talking about AMC and Robin Hood on the chats, can someone explain why please, maybe keep it simple lol as Iâm new to this 
many thanks.
What are they saying? No one can explain why someone is saying something if they donât know what is being said
Fly amc fly!!!
A few weeks ago I asked about whether we owned our shares, the answer I got was yes. Now I am confused and a little worried 
You do. Theyâre held in a nominee account.
Honestly you should probably pay less attention to the tin foil hat stuff on Reddit. The stock market IS rigged against small retail investors and it always has been. Read flash boys by Michael Lewis to see how high frequency traders are front running your orders.
I donât want to sound like Iâm raining on peoples parade here but GME & AMC have probably already squeezed from $4 to where they both are now. All these stories arenât much more than a massive pump scheme.
Have you read the SEC report just released on GameStop? I would argue it disproves the theory that a squeeze already occured given it shows that the spike in price was due to buying pressure, as opposed to shorts covering.
The 45 page report full of technical analysis on a topic I have not followed that was released yesterday? No.
I said probably - anything more affirmative is next to impossible with so few facts
You are very well read in this topic @NoBeef and I for one value your posts but the majority of post are from people with a much lower understanding.
What the difference? Shorts buy when they cover
Since amc started the social media pumping accounts have been telling everyone the companyâs shorting amc are going to need to buy amc shares and this will rocket the price to the moon. This had not happened. Only people who have made money is pumps selling when it had gone up to other home traders who then canât sell without losing money when it dropped.
Melvin capital took a $6Bn loss when they were forced to cover, so obviously at least some of the squeeze has happened even if some shorts are still holding on
Melvin would have been forced to buy shares, supposedly they closed their entire short position in January
Wouldnât these $12Bn in Hedge Fund losses have come from being forced to cover? are still open positions counted in these figures? I dunno, but my feeling is most of them already bailed out
Sorry, the report puts it better than I.
I havenât read it in its entirety myself tbh, most of it though. Surprising how little goes over my head now after this whole saga, been a fun learning experience regardless.
Thatâs an interesting graph
Supposedly Melvin closed their position on 26th Jan. I guess thatâs the small orange spikes leading up to that date.
Apologies, back to AMC
Will repost in GME thread and pick up there mate
I donât understand this stuff but if they had 6bn loss from covering why did shares only go up fairly small amount compared to gamestop.
I think it was mostly GME shares they were shorting. The price would depend on what price they covered at I guess. The volume on that graph shows that it wasnât difficult to buy shares at the time, Youâll only get a squeeze to the moon if the shares needed to cover arenât available to buy.
Sell on a Tuesday buy on a Friday,
Small gains but a win is a win