Yes very true. That’s why I want to get involved. I’m not seeing it as trading to investing really, I just want to be part of the cause. It’s laughable how the big institutions are behaving with regard to all this.
This sums it up:
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Yeah, it’s certainly one of those only risk which you can genuinely afford to lose situations. I think in my case that might equate to a share or two tomorrow depending on how the state of execution is.
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I’m no expert but as I understand it, the smart way to play this was with options and it’s the people who’ve piled in buying the stock who are likely to be left holding the bag once it inevitably goes belly up.
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That’s all well and good but tomorrow is Sunday 
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Just sell after the short squeeze and you’ll be fine!
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Ah, it’s Sunday mid-day for me in New Zealand only just arrived so forgetting it’s not for everyone else, haha.
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good old time barriers screwing with the market once again 
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Actually it is screwing with me 
@obrienciaran is right, Monday’s US markets don’t open for me until 3.30am Tuesday morning. It’s been a tiring affair watching this show the past few trading sessions.
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3:30am huh… that must be a fun time to wake up 
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I actually think AMC is a safer play at this point than Gamestop by far. AMC as a business has been helped by this exposure, ad share price is at a level that whilst not reflecting current situation, if you look in recent years it has been there, compared to Gamestops run up its very different.
It will be interesting to see AMC next week, more than GME.
AMC isn’t shorted over 100% like GameStop and has a massive overall share pool compared to GME. It’s not going to happen sorry
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Yep, this would not be investing, would not bet different from buy a lottery ticket, so is up to you how much you’re willing to pay for that lottery ticket
The irony of all this is a lot of hedge funders actually trade using money from pension funds so by everyone trying to stick it to them by making them lose lots of money on these shares all thats really happening is a lot of peoples pensions are getting ruined… meaning that the rich aren’t being affected apart from them not making their % on the trades and once again the “poor” are getting poorer.
Worse case scenario for the hedge funders is they lose their big fat bonus for this year.
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Argument for SIPPs if ever I heard one.
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Very true… 100% agree!
Bad day for gamesstop!
Yeah I think its done now…
Retail traders have spread themselves way too thin over too many securities (AMC, NOK, BB, NAKD, GME, GBR, KOSS and Dogecoin) … I can only see it going down from here as I would say most people will start to bail out as it starts to get near to there buy price or for some as they start losing more and more money.
I do invest/bet on AMC and I am fully aware of the risk. As other people have pointed out this is not for a long-term investment but it is a momentum play. As usual you gain advantage by becoming the earlier believer / adopter. My strategy is to have a core position certain number of shares and swing trading the rest. I will sell it when reaching the limit and buy back on the dip to keep my average price down. It is not work all the time but work in vast majority of cases.
Many people investing on AMC/GME already know that this is more like betting with a calculated risk (e.g. Risk/Reward) using a lottery stock. They will only put t money they could effort to lose. The risk you could only lose the money you bet/invest. The reward it could go to infinity (no limit). Just look at in the history of the short squeeze with Volkswagen stock.
The people are betting against the possibility of short squeeze to happen and not intended for a long-term play. The history has told you could still make money using a momentum money.
Unlike other contenders of short squeezes, AMC is different as the apes (not the institution) control 80% of the official float. The chance of short squeeze to happen will depend on how determine the apes are working together to diamond hand their shares until the short squeezes to occur.
In other stock even the short volumes percentage are high many of them are controlled by the institutional investors.