By - Wonderful-Narwhal-92
This subreddit has changed so much since the whole GME saga.
Yeah it‘s just a bunch of kids repeating the same phrases over and over again.
r/SoFi has changed completely ever since somebody posted on r/wallstreetbets said that the stock is being shorted.
r/Fidelity has changed too ever since a bunch of ex-robinhood users have come over.
I don't want to sound like an asshole, but the conversation around stocks has been dumbed-down a lot in the different subs I'm in. Rocket emojis and pump the stock type comments have replaced DD or talks about the company.
Like I expect this to happen with meme stocks and on subs like r/wallstreetbets.
But when I get people telling me they're retarded and calling me a smoothbrain on fidelity or seeing posts like "SoFi to the moon" "Short interest on NNDM", and rocket emojis everywhere. It's honestly annoying.
Every sub is turning into WSB now.
My 50 year old coworker who has no clue about how the stock market works is now trying to buy meme stocks at ATH on RH.
I really love that more younger people and working-class people are getting involved in investing, but let's be real this isn't investing, it's a speculative frenzy. This makes me feel like a big crash is coming soon TBH.
_"When the shoe-shiner starts giving stock tips, it's time to get out of the market"_
I'm not a fan of this quote, because I really believe in people learning personal finance, and making investing more accessible to the masses, but I'm realizing this comes with the caveat of people actually knowing what they're doing, otherwise we start to get into the many speculative bubbles we see today such as Dogecoin.
When the Fed Reserve crashes the market with their reverse repo, increasing rates or Hedge funds defaulting on margin, I can see a lot of speculative traders panic selling, which could create a lot of downward momentum. Momentum algorithms could potentially exasperate the downturn even further. In the end, I bet the financial institutions will just blame retail traders, and I wouldn't be surprised if the U.S. passes unfair regulations to all us retail investors as a result.
WSB OG’s have no patience for this pump scheme BS
But the thing is that there are many of us in it to learn. This sub and a few others also has great DD and explanation posts. I have learned ALOT. it has also driven me to do a lot of research myself and learn more about trading, investing, the regs, the history and the system. Tbh, I always thought this was way "out of my league " and have found that it isn't. Sure, I got in with GME and AMC, but now I have been able to make adjustments on our TSP and 401K. I ignore the MeMe stuff and the rest of the BS. This has done more good than harm for many of us. Have faith. Change is never easy and sometimes that old status quo has to be disrupted. We need balance and fairness. And if this younger generation can (as they say) YOLO Wallstreet into a submissive stance and take hold for some of us working folk, that isn't a bad thing. We were all taught that this wasn't a life we can live. Only because someone said so. We are changing that.
Yeah, I got back into the market because of the meme stonks, but heck and dang this stuff is going beyond insanity!
I’m here looking for good, longer term, like two to four or more quarter gains on undervalued companies with solid plans and signed contracts in the works. Yet all I’m seeing is a mess of freakishly unsettling YOLO hollers.
I’m not saying all of it is terrible, but the idea these people have that they are all going to see 600% gains on each “next stonk” is far beyond the mouth of madness type thinking.
The new wave of STONKS investors (apes) that has since left wsb for other subs uncovered a holy grail of corruption and manipulation and they continue to find more as time ticks on and they suppress stocks
Across the board both with shorts and naked shorting amongst other things. A 💩storm is coming and the longer they delay it the worse it going to be for those involved. WSb now is just a bunch of pump and dump scams to help kick the can down the road but kid you not there are some seriously over sold stocks that are being bought and held by strong willed investors that want to see an end to horrendous over shorting for the financial gain of the Hedgefunds and taking good but struggling companies and shorting them out of business. The writing is on the wall, shorts must cover and the time of the APES has arrived.
I'm up over 2500% on GME. And yes the market will crash, and GME will be one of few left standing as we 🚀 to the moon. Not our fault that the market is a rigged game. Learn to adapt.
You’re up over 2500% on GME. But you did research (or at least followed wsb) and bought a stock low and it has increased in value significantly. People who have paid no attention to the market saw GME and bought at $347 and are now down 33%. Those folks are now joining in on the emojis and saying to the moon because that feels a lot better than “shit, I messed up”.
It's certainly not for everyone. Personally I enjoy gambling. I love volatile action. Not gonna say taking 30-50% hits doesn't make me want to crawl headfirst into an industrial-sized blender sometimes but there's highs and lows.
It's never always going to be green.
Exactly ive never had this much fun investing, what rule says investing has to be boring?
There's a difference between gambling and investing though.
One is a short-term speculative play. The other is long-term holding backed by research.
Daytrading or swing-trading or options-trading aren't considered investing either.
I just don’t see how anyone could spend 347 on a single stock. I don’t know a lot and I’m new to this…. But I’ll never invest more than 100 at a time. I know at the very least you should only ever invest when it’s low.
You’re kinda looking at it a bit wrong. Depending on the size of the company and the amount of shares outstanding, 347 could be low. Now that would be rare but the point is that 5 dollars could be overvalued for one stock and 50 dollars could be undervalued for another one depending on the company and amount of shares
Oh I see
"Low" is relative, undervalued is probably what you're going for, not that gme is undervalued either
I did buy one GME at 219 at the end of the day when it dropped 33%, I'm probably not gonna make anything significant off it but it has been green since I bought it
That’s why I had spent the last handful of month’s grabbing at AMC and when it topped out it’s market cap about equal to GME, I took my paltry gains and scooted.
I’ve been doing more reviews of DDs since then, including going back over previous DDs as far as multiple months from a given poster to verify they aren’t shill accounts and that they have a history of good DDs.
I’ve been spreading some of those earnings around, withdrawing enough to cover the tax burden and a little more.
If some of these other ones pan out? I certainly won’t be seeing 600% gains, but if they average over 20%? (As a good number of those DDs I’ve been reviewing have done.)
Well, that’s fine by me.
That's only if the MOASS causes Hege funds to close their positions. The market will recover from this short-term volatility if that does happen, we've had deleveraging corrections and flash crashes before.
If you end up in a crash due to the Fed Reserve independent of the MOASS, your shares will also drop due to market-wide FUD. GME/AMC did drop in value during the recent tech correction and inflation fears.
Pretty sure the market is gonna crash first and trigger the MOASS when other assets drop significantly more than GME, and then force the hedgefunds to cover. Or I'm wrong and I'm left holding the bag on an awesome stock that I love. Either way I feel more confident buying gme at any price point than any other stock. As for AMC, plz don't lump it in with GME. AMC is a trash company with no future.
I think they already covered tbh
This is the way.
This is the way
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*This is the way?*
Shut up nerd
I hate it so much.
Times change. Move with the tides, or get left behind.
Swollow the tide...pods.
Damn auto correct....(not picking up my mistakes....).
You do you bro, lol
Uhh... gme is my savings acct. :o
GME all day
It's pretty much the funniest thing ever and it proves that the truth these days is stranger than fiction... but I firmly believe that GME is truly the most beautiful, most unbalanced opportunity that has presented itself in decades. If I went back in time and told myself this, I would have assumed it wasn't me.
My barbecue is my bank. We are alike, you and I.
Stop doing drugs then
No but it’s a great trading play.
lil to what anyone thinks or thinks they know.
amc will run up like a mf this week.
Screenshot to hate yourself later.
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!remindme 1 week
Hello fellow ape. There’s the spirit
Brooo, i get it now. It says No CAP. I thought it just said no. :O
Idk what’s funnier. The fact that you thought that or the fact that you wrote that you thought that.
Let’s go for the 100!!!! 🚀🚀🚀🚀
Is this the way ?
How can you convince me as a GME ape?
If you were a real GME ape, you wouldn't have even asked such a stupid question.
Ape no fight ape.
I know what you're thinking. Don't do it
Hahaha thanks fellow ape
If they want to go full AMC , let them , no competition between apes. It will squeeze and squeeze high for sure. But there is only one GME my man....
What makes you think AMC will squeeze?
Naked shorts , yeah
‘Naked shorts’ is your answer to ‘why will AMC squeeze?’ There’s 88 million shares shorted but there’s 224 million shares so how is there naked shorts
No , not “Naked Shorts” , you infidel , its “ Naked Shorts , Yeah “
And what’s the difference? Is the ‘naked shorts, yea’ sarcasm?
AMC is my 1980s savings and loan account
I too use cash app
Im 95% GME and 5% a m c
Diversified portfolio of meme stocks.
A pyramid scheme AND a timeshare? We are diversifying our portfolio
And 5% into dogecoin because an asset valued on pure hype is immune to market changes due to logical forces.
Don't forget to buy Safemoon & Dogecoin to diversify into crypto!
And the newest shitcoin that's hot.
You again. Safemoon has utility at this point. Unstoppable
None of you are even old enough to have savings accounts. Sub full of dumbass 12 year Olds at this point
You're kind of proving his point with that kind of response TBH.
we're all bad at saving in our own unique ways lol.
I could never afford to have a life saving. But since ive been putting every last bit of extra money into AMC/ GME ive finally got a bit of money saved up. Its a good thing stonks only go up!
AMC to $70 today. Easy peasy.
Aren’t we all suppose to be in this together ? Talking about stonks being overvalued and how by 2023 amc will be nothing ? I think everyone forgot exactly why we all got into the meme stonks anyway … MOASS. This is a money play not banking my kids college fund on it 🤦♂️
I actually got into AMC as a covid recovery play back when it was about $8-$11 share along the way I sold my shares and decided to buy a call option instead. my $500 investment is almost $6000 now.
But why would AMC be the MOASS?
Because when citadel goes down for gme all their other shorts spike too
Didn’t citadel report like $14B in losses in one week? Was that not from them covering?
When they actually have to cover they’ll bankrupt themselves. We see that as a lot of money, to them it’s just the tip
$14B loss in one week is not the tip of the ice berg no matter who you ask, that’s huge. Where’s the evidence that that wasn’t them covering?
If they covered they wouldn’t still be losing money daily 😉
Are they still reporting losses?
y’all have savings?
Cardono is mine! ADA
It’s fair value is about $7-11 a share. By 2023 probably less
Its fair value is whatever people are willing to pay for it.
Holy shit, your comment makes me want to withdraw all my money from stocks. How do people like you get into stock market…
They can't access online casinos? /s
No, pretty much that. I'd rather be playing online poker.
You for real? The company has tons of debt, they need to make a profit to exist. Luckily they had a bunch of idiots buy insanely overvalued, newly issued shares to keep them alive a little longer.
Not how valuation works, bud
I don’t understand. Why do you think FMV is just another term for current market price?
That makes no sense (besides it being ridiculously easy for you to just look up instead of getting all weird here)
It’s literally not
I blame Bitcoin for the meme stock misconception. In the end the many will lose the few will profit.
You should prob reread this comment chain and try again (helps to know what you’re talking about when you talk)
Ding ding and a bingo
Just because people want to pay $500 for Yeezy doesn’t make them good shoes.
But you will get 500$ for selling them nonetheless
Exactly this. What something *should* be valued at is not the same as what it actually *is* valued at.
There is no „should“ in value
That's partly my point. I should have said "what people *think* it *should*"
Right, now I understand you. Thanks for clarifying
The point wasn’t about the dollar value, the point was about the physical object in question.
Just because people want to buy $1,000 Jordans doesn’t make them
inherently better than other shoes.
Likewise, just because people are willing to pay $60 for AMC doesn’t make them a company worthy of being valued at $60/share.
Idk about all that , but I’m sure by 2023 we shouldn’t be riding the wave anymore . Not wrong there pal we are in it for our future generations family
I mean amc would have to become a totally different company. But how would they beat the other companies with tech advantages. I know they have good plans but will it be enough . Guess we will find out
Only time shall tell brotha . All I know is I’m in it for the tendies
You know something's are just Good as they are because people love them ... Part of the culture that we want to keep maybe ...
Movie theatres across North America have been closing down at a much faster rate than theatres have been opening. AMC bleeds millions oer year even without a pandemic. Nostalgia or not nobody is saving movie theatres, just like how the culture of magnetic tapes didn't save blockbuster, and the culture of horse stables didn't save the horse-drawn carriage industry. Sure, theatres will be around for some time, but not in the 20th century model of big movie theatre chains and tons of overhead. Producers don't need to rely on theatre releases anymore, the writing has been on the walls since Netflix started making their own exclusive releases. Now anyone with a streaming service can release directly to consumers and collect regular revenues regardless if they watch the product or not. Even discount movie services in-theatre have already proven to be a failed product for consumers, their only hope is to severely downsize by selling properties they own and closing leased spaces that aren't profitable. Anywhere not in a major metropolitan center will be sold to private owners, and even those will die in time.
Personally I can't wait till there's a good movie to see in the theater. Watching at home is convenient and cheap but it's just not the same.
The movies made during the pandemic suck. It's direct to video quality junk largely. They aren't getting Box Office money so they aren't making big movies.
Mods delete this shit
That’s some cringe ass stupidity right there
Should I invest now? I would probably only buy a share or two
Do you usually try to buy stuff after a +2300% run? Because (spoiler) you missed the hype train on that one, bud
Find another tread if you want to talk commonsense. Lol
I bought at 11, sold at 16, then the next morning it was up to 50
Sounds like you made money to me
Shouldst i invest anon? i would belike only buyeth a share 'r two
^(I am a bot and I swapp'd some of thy words with Shakespeare words.)
Commands: `!ShakespeareInsult`, `!fordo`, `!optout`
I would get what you can .. *I’m not a financial advisor *
Do you believe it’s gonna drop soon?
Think of it as a casino 😎
Yes no maybe so
I asked my wife's boyfriend the same thing. He said not yet plenty to go yet
Maybe. But they're both gonna go way higher 1st. Not financial advice.
You're not too late
Then make GME your retirement one!
i will HOLD 😎💪🏼 and i HOLD for all small investors so that they can gain big when it goes up to $100K 🔥🚀 ONE FOR ALL, ALL FOR ONE 💪🏼 APES MUCH STRONGER TOGETHER ♥️
AMC is overvalued
Making good money here. Just doing it with value stocks instead memes. I can’t invest in something I don’t believe in or I’d just paper hand anyways. 😂
I paper handed AMC, bought at $18, sold a few weeks ago at $50 for a nice profit. Still holding a few GME that I bought during the dip at $169 and waiting to see what happens with those.
As others have said, I can't see any long term value in AMC whereas GME are changing for the better so if the DD is also correct then its definitely worth holding those long term.
GME is still on discount IMO, I don’t believe the 25 million a share stuff but I believe the basic thesis
No, no it’s not.
Lol it’s not, could ppl fomo it up a bit more possible, but it’s trading like a high growth stock instead of a value stock scraping by.
There's an element of FOMO at the moment with GME. I agree and don't think it'll ever reach those kinds of figures but has the potential to go much higher than it is now.
There might be a few people that won't sell until it does hit millions per share but I'm sure for the vast majority of people holding shares, $10k per share would be life changing for example.
Yeah you can’t count on people to that extent, I’m deep in GME and I plan on holding for big numbers, I have no idea what those numbers would be though.
So much fud in this thread.
I like his style..
Because of meme stocks I don't even take serious these stock subreddits. All are just a joke. And the people that propagate and believe in God tier dd are just some clowns.
By 2023 AMC property will be gated retirement communities.
So like a modern day Cocoon?
Wilford Brimley & Brian Dennehy come back!!
I don't thing either of them will be coming back.
I could care less about 2023 amc, i only care about 2021 amc.
In that case, it's a movie theater chain who's heyday was last century. Take the profit and leave the popcorn.
The moon is literally kuru you know nothing apes
Not going to happen. They have no major debt due until 2025/2026 and they are sitting on 2 Billion dollars worth of cash. Whether you like it or not, AMC is safe for another decade
AMC Go like brbrbrbebr
Big. If true.
Yessir it is.. just upped my standing today , since it’s still at a discount . #apesASSemble
Dead ass..... shitt finna b lit...
By 2023 AMC will primarily be a collateralized hash smoking weasel depository
What are the odds that OP has stock in AMC
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I am shorting it on opening with 150 k shares dude. Good luck
Sorry to hear that ...
Good luck to the winners ...
Amc today, payday lenders tomorrow
Open 🚪 is mine and boy is it gonna be a great year. There up to 39 markets and growing fast .
Josh, did you fight in the great josh war?
I hope not, that seems a bit risky!
AMC is a trap.
Metamask is mine
I don’t take financial advice from the internet but when I do it’s usually am from a Twitter post about meme stinks that will only go down after apes aren’t there wishing to get rich.
Bet I made more in AMC last month than “the majority” of you guys have in any single year. Let’s go.
The problem is the small investors don’t have the money to cover it. Above $50 is high risk buying it. Amc is selling their shares to cover debt. Majority of holders are teenagers. Plus there are kids with wallets of their parrents that can afford to loose. Hedges may be on lost but if they want they can end this in 24 hrs. I personally believe the majority is getting manipulated in general but hey i go with the flow. If goes down i short it if goes up i go long. But everyone is free to do what ever they want. The last week rally was literally a scenario just look at the identical ups and downs on the 5 major most comment stocks. I do not believe we did that. We are too small. It’s good to have a hobby but that’s basically a market manipulation from both sides. Ppl cry here “ ooh hedges manipulation..” same time ppl in here are doing same thing and occupy other subs.... i learned that when someone spams same thing for a stock means he is on lost
Edit: $AMC is my money market account
Wish will rise as well
Wish is the new AMC
Lol u wish pal ;)