Well I do like a bet I suppose lol, thanks
Followed this for months and it’s uncovered so many worrying details about the US stock market that it starts to make you wonder whether you’ll have more luck backing a greyhound race than investing in the US stock market!
I think you’re OK if you stick to successful companies. I’m over 100% up on my Microsoft shares for example. Over 300% up on Nvidia. You don’t have to gamble on small cap with no profits
You shouldn’t invest in stocks at all with your knowledge. Just invest in ETFs and save yourself the stress and disappointment.
I think the point I’m trying to make is that in the USA certain stocks are *allowed * to be successful and those that could be successful through innovation and fundamentals don’t always get there due to market collusion.
But AMC is not an innovative company that could be successful if only the nasty hedge funds left it alone. It’s massively in debt, makes huge losses and is in a diminishing industry. It was already going downhill, That’s why the shorts target it in the first place
Don’t use AMC (or any of the meme stocks) as being representative of the market - they’re really not. There are plenty of good investment opportunities out there particularly if you’re happy to accept a reasonable return rather than the moon on a stick!
That’s pretty much conspiracy bogus. No idea where you get this from, but steady your horses a little. How is this related to AMC anyway? As people already stated, from a fundamental perspective, AMC is a terrible company and will inevitably perish. There’s no need for anyone to collude.
This argument doesn’t hold a lot of water though. Shorting a stock and driving the price down doesn’t really effect a company day to day. The only real impact is that it reduces the funds they could get through stock issues, but this is hardly a day to day occurrence, and even if hedge funds weren’t shorting it, what would the stock price be? $5? $10? Still not a lot.
Think you’ll see I purposely didn’t use AMC as an example as I agree it’s neither innovative or has good fundamentals. AMC and GME are examples of when it goes wrong for HFs but the insane manipulation to pump a stock through media, wait for the public to catch the coat tails and then short it to make money is phenomenal. I openly admit I have made money through blue chip USA stocks in the past but this whole event has massively opened a lot of people’s eyes.
I think as you posted it in the AMC thread it was assumed that was what you were talking about that’s all.
Any news on when all these shorts are up and this is going to the moon. Asking for a friend
There isn’t a deadline on shorts, they can hold them for as long as they want but they do have to pay a borrow fee
I think part of the issue here is that there is a misconception that shorts must cover, it’s almost a rallying cry. But the shorts can hold on as long as they want if they pay the interest
I think he was joking
Probably, but it’s worth pointing out that the “Shorts must cover” cry is a load of crap
Oh, you are 100% right but I thought @Submarinex1 was having a giggle.
Is it having a giggle or only coming to the thread to poo poo on people? It’s why a lot of people start off with a bad attitude and snotty posts. They’ve read a few pages up (banned accounts like myself aside)
Just kidding I knew its not going anywhere.
You don’t need to be rocket scientist.
I do feel bad for people as I said before people buying these when price had been up based on hype.
This is correct but the real irony is that the retail crowd that have ‘saved’ AMC now basically prevent it from being able to issue new shares.
A shorted AMC might have a slightly reduced capacity to raise funds, but currently they have almost no ability to do so. They could have cleared their $5bn debts for ~25% dilution now but the vote won’t go through, for context they spent 350% dilution for just ~$1bn over winter.
Saw that on a video and how people with no long term interest had stopped amc making the most of the popularity when they could cleared more debit to help going forward.