AMC Entertainment - AMC - Share Chat

Ok point taken :rofl::rofl:

Usually the price targets are in relation to CFDs. The idea is that if there are a lot of calls at a particular price then this forces the companies who are taking these calls to buy them. I suspect a lot of the cause of the jump to $70 was because of this sort of thing, the price went up, so they had to keep buying more to cover the calls, which forces the price up even more.

Typically when you look at the calls that are expiring on a particular week there will be a large amount at a specific price, which if you can ā€œgetā€ to us helpful.

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Cheers :+1: I get that but my point was why down 20% in the week was a good result. I was hoping that people saying it could back up with some cold hard facts otherwise it sounds like pre-empting a bad week and getting an excuse in early.

Again, not saying right or wrong but without explanations it sounds like numbers picked out of thin air.

Currently a 3.5 premarket gain looks like a big start

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Because of consolidation. A stock can’t just keep going up it’s not healthy. We actually got predicted to go down to 30-35 but we ended it just below 50. Now we’ve broken out of the flag on the upside which is amazing to say people thought it’d be 20 dollars less last week :man_shrugging:t3: Down up down up down up moon haha. But what do I know I’m a dumb ape :gorilla:

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:joy: :+1: so just an opinion and no actual science behind it. That’s fair enough, I was just wondering if I had missed some reasoning behind it. It is hard to follow when you have 2 camps saying the opposite things :man_facepalming: I just want to see one of the squeezes happen ASAP.

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A squeeze would definitely be lovely but I just don’t see it happening. It’s easy to get hyped up on Reddit every day but there’s very little actual DD or reasoning. It’s mainly just an echo chamber over there.

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TBF I don’t think there is much logic with the movement of a lot of shares atm!

Totally agree but I don’t see such huge statements made on other non-meme stocks either way :joy: :+1:Anyhow I was just honestly wondering if there was some kind of trigger point due to something I was unaware of.

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Interesting to keep an eye on this Top Stock Gainers Today - Yahoo Finance
Rolls only 3p now up 31%

My guy if you think there’s no DD then you mustn’t be looking too hard it’s full of DD…and awesome monkey memes haha

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AMC ripping! To the moon! :rocket:

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Maybe it’s just the fact that all I ever see is hype and memes, I’ll have a deeper dig into it

Defo worth a look, there’s a lot of smart people on there doesn’t get enough credit

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$amc you ain’t nothing bout a teaser, a dirty dirty teaser. :pensive:

Pop goes the corn!

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Would be nice to see a new ATH

Would be nice to see 1 mil in my bank

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It’s a beautiful day for the AMC investors…

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I wouldn’t say using Elliot wave theory was having ā€˜no science behind it. Squeezes take time could be next week could be 6 months no one knows just enjoy the ride. :smile: All we got is time that’s why we win in the end, hedgys running out of time and money. Stay positive my dude there’s too much negativity in here​:v::gorilla:

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