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$AMC Entertainment(AMC)$Hey y’all it’s me the loser that burned all his life savings on AMC. I’m here to tell you that AMC is terrible and you should never invest in anything ever again…

SIKE.

Tl;dr - Hold to make money. You don’t even need to decipher crazy charts or get in on the latest woof-meow coin. Buy, hold and wait. Pretty zen, right? [Bless] 

I’m still around. How can I miss this once in a lifetime event when the shorts finally came out to play?

The entire world’s economy is correcting itself (up in flames) everywhere I look and somehow, some people out there are still worried about me and my money - my small AMC investment. 

Here’s why I holding (probably out of spite at this point):

-When the price of AMC is going down despite the buy flow being higher than the sell flow.

-When the company used to be in pretty bad shape but is now a solid company with growth potential. Sure there’s some debt to cover but improvements are being made.

So what’s the probable takeaway for all this (puts on tin-foil hat over flower ring): 

Evergrande happened. Some of the major shorts lost their offshore collateral. With collateral requirements raised on Oct 1 by 25x and other additions like raising requirements this week, and also with them shorting harder than ever last two weeks they cant afford interest and collateral payments like they could in previously. This wasn’t planned: they thought we would sell. They trade all day with each other and hold PFOF buys and offset them. 

But even so, even if the price reaches 1 cent and all hope seems bleak, a fundamental question still remains: How EXACTLY are they going to cover Apes holding?

The answer then, is pretty simple: Buy, hold and wait 

But hey, do what you wish, believe in whatever investment strategies you want to and let’s all try to achieve financial freedom together.

P.S - This is not financial advice. Please invest wisely based on your own research. There is no collusion. Every investment you make is of your own free will.