ralf exited their long position rip
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Iād say people selling but I could be wrong
why/when are you planning to sell out of your long position?
and who do you think will fill your sell orders?
After all the weeks of HODL which has been done by many, it seems odd to sell for a quick profit, when there is so much potential for much more money.
Oh well, each to their own.
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- How many shares do you own currently?
- 1-3
- 3-10
- 10-30
- 30-100
- 100-300
- 300-1000
- 1000-3000
- 3000-10000
- 10000+
0 voters
- How much of your position would you need to sell currently to recoup your initial investment? (i know the price is volatile just answer dependingon the price at the moment you see this poll)
- 90-100%
- 80-90%
- 70-80%
- 60-70%
- 50-60%
- 40-50%
- 30-40%
- 20-30%
- 10-20%
- 5-10%
- <5%
0 voters
could one or more of the amc whales (10000+ shares) please share their opinion on this short squeeze play, is there a particular price which would cause you to sell or is there anything else which would trigger you? short percentage at 0 or maybe something more obscure. let us know
Iām honestly just playing it day by day, it depends on how well other apes hold as to how high this can go. We know the hedgefunds have to cover but itās impossible to know how high it will go, we only know how high it could theoretically. Thereās a lot of different things that could change how this plays out. Personally Iām not selling 1 share until I actually cash it all out. No I would never do this with other stocks only this one as I genuinely feel itāll pop off a crazy amount. Iām not bothered about covering initial costs on this play. Some will call that dumb but I am an ape haha 
People talk of 100k I think thatāll be hard with how many will paper hand. Whether it be soon or not I think itāll get in to the thousands though. I say that because people got wise to the fake squeeze on GME that killed it off in January. Iām hoping more will be aware how they can cause the illusion of covering whilst actually not doingā¦thatās just me
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You have 10,000+ shares?
- I answered the previous poll honestly
- Iām a naughty fibber
0 voters
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great comment thanks man, i believe many apes hold the same view as you, and to add to your comment on illusions, if apes are holding >80% of the float, how are we seeing 200-300 mn in volume daily? unless there are naked shorts in existence. unless im mistaken, if so call me out
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The numbers Iām seeing from Fidelity show a 50/50 Buy Sell ratio for AMC over the last few days. This thread is evidence also of selling and trading by quite a few
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fair enough
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The reason for my poll, BTW, is that I honestly donāt believe anyone with 10k+ shares is using Freetrade. Not least because it would have been a hassle to even buy that many shares with the per trade limit, and knowing the risk this might cause when selling after a massive rise, they would have been far better off using a broker with a flat fee per trade from the start.
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noone with 10000+ shares would stick around for the eventual 0.5% fx fee when they go to sell
And if youāve got Ā£600,000 sitting there and youāre waiting for it to hit Ā£10,000,000, I actually think youāre a bit stupid for not cashing out
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That or heās hoping to actually buy his own space rocket.
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power hour time
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You can have a large volume even with 1 share being sold back and forth (Iām not saying this is really happening, but you get the point). Volume doesnāt prove synthetic shares.
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yeah i understand that but thanks for explaining further.
But if influencers or āexpertsā as you say give the nod to sell there will be a stampede. To me this is the dirty little secret of the AMC/GME situation. If only 10% of the free float has been shorted, and āapesā/retail own 85% of the free float, even assuming if the remaining 15% institutional investors donāt sell, that leaves 75% of retail investors being left as carrying the bag?
This is why within the collective psyche of the apes, synthetic shares HAVE to exist. If they donāt exist a lot of people are going to miss the boat.
Now to go back to the top of what Iāve said, I think most of these influencers have publicly said that they will not announce when they sell. Let that sink in. They are going to make sure they get out before everyone else does.
To be clear though I still own a lot of shares in AMC, and I hope it continues to go up. But I really dislike the whole culture of ādiamond handsā and mocking āpaper handsā. I know this is obviously an exaggeration, but I really do worry that at itās worst this is far too close to a Pyramid Scheme - A whole load of influences - the 10% who are going to bank serious $ when the time comes - and the rest of the people at the bottom of the pyramid who are the bag holders.
In my view here is no way 10% of the shares donāt get sold at $300-500, I donāt see how it can possibly go any higher, the only way it can go to āthe moonā is if people donāt sell. They will.
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