AMC is owned by a chinese real estate group that, unlike GME, is immediately able to create new shares and sell something worth $1 for $50 now.
The people pushing this don't understand the stock market, or how options work in general.
AMC is not going to run out of shares.....the company will just create new ones as long as prices are at these levels.....
but congrats on sending your money to china
that's fine.....then you agree with me that only a moron would pile into AMC here?
ok citadel
name calling when facts prove you wrong.....stay democrat bro
lol, well if you knew what you were talking about you would know that Wanda (the group you are speaking of) sold their stake in amc a week ago...
sounds fishy to me
nice post history
It doesn't matter because it's all fake. Do you get that? I'm getting right now a 43$ return on my 18$ investment.
It's all bullshit
I guess I don't understand your logic?
It's all fake, but it's real because you've made money?
It's all made up. That's what the stock market is.
Stock market is legalized gambling ? sure you can make money but you gotta be willing to lose it all and be fine. GME HODL!!!!
The stock market is very real, I'd suggest learning how it works rather than listening to internet boards and buying chinese pyramid schemes then crying when it impodes.
I hope you're able to exit your position before it Madoffs
I'm doing quite well thank you.
It's fake because I have no right to make the money I have in the last five years.
It's manipulated and once your see it you know where to go
a stock is just the currency of the company. As long as the fed is devaluing the dollar, the currency backed by a company's earnings become worth more than one backed by the us government......so stocks are going to go up the more incompetent the government becomes. That's not manipulation, that's smart money moving to smart currency
But ultimately my point is that the people online touting this stuff are going to get people hurt. Suggesting it's free money is only going to work on people who clearly don't understand the system right from the start.
The concept that they can't cover all shorts is just foolish (AMC just created 11 million new shares out of thin air this week)
The smart money is buying physical silver or silver miners