Quoted from DBLM:

I have spent most of the day trying to figure out the angles on AMC right now and the answer is there are none. There is not enough short interest to make it hold now, and the price got too far depressed. You still have the Silverlake backstop in the 13s, but that could have already been sold for all we know. You have to figure it will get halted a few times tomorrow based upon people rushing in which disrupts momentum upwards. You might can trade around the edges, but I don’t think you are going to get a big enough run to do damage. With them changing the game today, it broke my thesis. I still am concerned about them issuing new stocks to cover their 17% note from last weekend, and this might be as good as any time since the stock is high. That would make thr shares drop. I am going to sleep on this and see if I can come up with any answers. Anybody else got any thoughts?
I should just stick to selling software, posting gifs, and drinking bourbon.

Quoted from DBLM:

I have spent most of the day trying to figure out the angles on AMC right now and the answer is there are none. There is not enough short interest to make it hold now, and the price got too far depressed. You still have the Silverlake backstop in the 13s, but that could have already been sold for all we know. You have to figure it will get halted a few times tomorrow based upon people rushing in which disrupts momentum upwards. You might can trade around the edges, but I don’t think you are going to get a big enough run to do damage. With them changing the game today, it broke my thesis. I still am concerned about them issuing new stocks to cover their 17% note from last weekend, and this might be as good as any time since the stock is high. That would make thr shares drop. I am going to sleep on this and see if I can come up with any answers. Anybody else got any thoughts?
I should just stick to selling software, posting gifs, and drinking bourbon.

Quoted from nwpinball:

AMC did say today they are issuing new shares again:
https://www.marketwatch.com/story/amc-entertainment-to-issue-444-million-shares-as-investors-opt-to-convert-600-million-of-convertible-debt-2021-01-28
I'm planning on selling my shares tomorrow, with more and more shares available and the WSB excitement waning at some point soon, I can't see it going up more. It went up to $11.29 after hours, there is still enthusiasm there and more people can buy tomorrow, so I could see it going up, but how long can that last?

Quoted from KornFreak28:

I bought some Doge crypto a few hours ago....Wowza!!!!!!

Quoted from nwpinball:

Yeah, that's the WSBs crypto push right now. Crypto has lots of pump and dumps in the shitcoins, they rarely last longer than a day or two, I'd take your profits early. I tried to day trade those pump and dumps a couple years ago and often got caught holding the bag. I ended up just moving all my crypto into BTC and leaving it... boy was that the right move. NOK and NAKD have felt alot like those crypto pump and dumps, a couple people buy alot of something really cheap, build hype on it for a week or two, move the price up enough, then they bail and the price plummets back down. I don't follow penny stocks, but I'm sure it's the same sorta thing that happens in the lesser known crypto coins. Just be careful, it's usually over in a flash.

Quoted from KornFreak28:

RH restrictions are now lifted. How convenient

Quoted from DBLM:

I have spent most of the day trying to figure out the angles on AMC right now and the answer is there are none. There is not enough short interest to make it hold now, and the price got too far depressed. You still have the Silverlake backstop in the 13s, but that could have already been sold for all we know. You have to figure it will get halted a few times tomorrow based upon people rushing in which disrupts momentum upwards. You might can trade around the edges, but I don’t think you are going to get a big enough run to do damage. With them changing the game today, it broke my thesis. I still am concerned about them issuing new stocks to cover their 17% note from last weekend, and this might be as good as any time since the stock is high. That would make thr shares drop. I am going to sleep on this and see if I can come up with any answers. Anybody else got any thoughts?
I should just stick to selling software, posting gifs, and drinking bourbon.

Quoted from DadofTwins:

Is there anyway to see how shorted some of these stocks still are, in "real time"?

Quoted from DBLM:

no, they are updated twice a month from what I just read.

Quoted from Trogdor:

Fundamentally, AMC will trade below $3 at some point in the next 2 years. Still have what over $4b in debt with a pandemic for 8 more months at least? Nobody should touch this thing if they are talking about more share issuance. They have diluted shares greatly already with everybody excited about the squeeze. If Silver Lake held( they probably had shorted shares- possibly tens of millions- to lock in conversion price and are out), the squeeze could still be on- but will it be possible with restrictions on options tomorrow? I bet shorts actually increased.
Lot of pissed people might drive it up, but I think the fear is out for shorts. I’ll be watching the out of money call volumes for future expirations, but I think brokerages and MMs have throttled impact of the gamma squeeze.
GLTA!

Quoted from Isochronic_Frost:

From my research it seems that they have doubled down on the shorts hoping to cover some losses but the ones expiring tomorrow are so insanely leveraged it’s impossible to come back from it at this point. It’s been nothing but FUD from the big hedge funds just trying to do damage control. There is not enough GME shares available to cover all the shorts at the triple and quadruple leverage we’ve seen.
These guys are addicts and can’t stop, so regardless on Friday we’re gonna see an awful dump. Research the share ratios, you can indeed see some of the data hourly, this is a huge fluff piece to try and scare out the retail traders.
Hedge funds have no going back. No matter what GameStop is skyrocketing tomorrow and the brokers are pressured on both sides. This is some 2008 nonsense. How many times are we gonna run into this?

Quoted from maffewl:

Somehow I’ve been under a rock and am just learning of this. Thinking about buying some GME tomorrow to join the cause. I’ve read to expect a dip tomorrow but this will last for days. Thoughts?
Also just read this: https://isthesqueezesquoze.com/

Quoted from Zablon:

This is a very good interview with the CEO of Webull. While I don't know that I entirely agree/believe with his reasoning (I'm not that informed), he appears to be poking at the hedge funds actions rather than Reddit which leads me to believe he might not be trying to be shady.
He explains the issue of the clearing firms and that the key thing about why sells were allowed and buys were not was because the clearing firms require the broker to front the buy money, and do not require to front the sell money (unless of course the buyer/seller are on the same platform/clearing house being used.

Quoted from robertmee:

GME back to 380 premarket. WSB isn't going down without a fight.

Quoted from SantaEatsCheese:

I am buying a couple GME in the a.m. just on principle now.

Quoted from yfz450:

Sold most of my AMC pre for a healthy return. Kept a few hundred shares for the ride. Bought more AAPL while its on sale. Will buy more on dips today, same with PINS. Good luck to everyone today, should be fun to watch.

Quoted from yfz450:

Sold most of my AMC pre for a healthy return. Kept a few hundred shares for the ride. Bought more AAPL while its on sale. Will buy more on dips today, same with PINS. Good luck to everyone today, should be fun to watch.

Quoted from yfz450:

Sold most of my AMC pre for a healthy return. Kept a few hundred shares for the ride. Bought more AAPL while its on sale. Will buy more on dips today, same with PINS. Good luck to everyone today, should be fun to watch.

Quoted from KornFreak28:

I tried selling my amc on RH and it tells me the order will process when market opens. Your order went through already?

Quoted from Isochronic_Frost:

Just saw this post... you’ve got to be joking me. The short interest is still over 100%?!? These Hedge Funds are really screwed if GME calls finish ITM today.
[quoted image]

Quoted from Isochronic_Frost:

Just saw this post... you’ve got to be joking me. The short interest is still over 100%?!? These Hedge Funds are really screwed if GME calls finish ITM today.
[quoted image]

Quoted from DBLM:

Be careful folks on AMC. I was telling you that they are looking at another stock offering and it looks like it is in the works. This is on top of the deal that they did this weekend, and the Silver Lake conversion that happened on Wednesday (the 44M shares).
https://www.cnbc.com/2021/01/29/amc-entertainment-explores-raising-new-capital-as-its-stock-surges-sources-say.html

Quoted from DadofTwins:

This the correct XSPA?
[quoted image]

Quoted from jonesjb:

While this would naturally have somewhat downward pressure on the AMC stock price, wouldn't it be beneficial for those who are long, meaning the extra capital should put it in a stronger position to recover successfully in the future after COVID?

Quoted from DBLM:

It depends on what the offering looks like. This was not a healthy company prior to Covid and was around 7 bucks/ share. It all depends on how much they raise/dilute. I am not a fan of AMC long currently, but that is just me.

Quoted from KornFreak28:

I tried selling my amc on RH and it tells me the order will process when market opens. Your order went through already?

Quoted from jwilson:

I exited a bunch of positions yesterday to get in on the dip on GME. Fortunately I’m in Canada and Questrade had no restrictions on buying, although their platform was straining under the load.
I’m still only in a tiny amount, nothing life changing. I’m just pissed at the hedge funds and want them to bleed.
Here’s to $1,000 today!

Quoted from Isochronic_Frost:

Just saw this post... you’ve got to be joking me. The short interest is still over 100%?!? These Hedge Funds are really screwed if GME calls finish ITM today.
[quoted image]

Quoted from captainadam_21:

Correct. Before yesterday it was 140% so even after all the BS they pulled yesterday they only got it down 20%