$AMC Entertainment(AMC)$if it's already passed your average cost, continue to slowly average down... I will not be wrong... slowly buying bulk of tens....Not financial advise..
AMC is the new safehaven because no matter what happens Apes are holding on. That's the fundamental definition of a "safehaven" security / asset. If market crashes, SHFs will get margin called and be forced to close AMC short positions. If market keeps gaining, SHFs will use the leveraged money and keep shorting AMC, but that will only delay the inevitable because Apes aren't selling. We definitely have the advantage here. Just need to remember one of Buffett's golden advices "Stockmarket is the device to transfer wealth from the impatient to the patient". Been with AMC since January and not leaving until shorts are covered
@YuQing1688:The AMC stock price is not falling - Hedgies are simply trying to pressure it to stay in the zone of 35-38$ in hope to discourage and make apes sell. They lost power, apes are one in charge now. Read this below.As you can see, most of us follow the similar stocks on our tickers. We all can see good movments, and as soon as you expect that AMC is going to follow - it starts dipping, so at the end of the day comes back to where it was. They don't have power anymore, they transferred it to us. The only thing they can do right now is try to compress the buying through dark pools and let some of those orders come either at the end of the day or after market. They started adaptation and corrections of the algorithm to the new "chart field" ( remember algorithms are so not made for 4 milione inve
$AMC Entertainment(AMC)$all those "Ang Mo" name posting again... it never failed them...SPread Fear, Ladder Attack, Borrow Shares, Dark Pool, Manipulation....