mikeman Posted January 28, 2021 Report Share Posted January 28, 2021 here's the amcx chart, looks like they started figuring it out today. Quote Link to comment Share on other sites More sharing options...
Jimmy Hoffa Posted January 28, 2021 Report Share Posted January 28, 2021 14 minutes ago, joeybagadonuts said: Shorts about to squeezed the fuck out with the power of a few hundred thousand retards driving the price up Understood, sure. But the more bets against means the retard trend has potentially higher expontional expectations if the mobs buys enough to force the short holders to start selling hard. The Gamestop attack was so successful because the bets against it were enormous. GORO is a POS stock and I'm digging in to find how exactly how shorted it is. Any 'ol target won't work, it's got to be juicy. Quote Link to comment Share on other sites More sharing options...
mikeman Posted January 28, 2021 Report Share Posted January 28, 2021 This really does explain it if you listen to it all. Quote Link to comment Share on other sites More sharing options...
rjt Posted January 28, 2021 Report Share Posted January 28, 2021 WSB up to 4 million members plus who knows how many lurkers. Shit ton more followers on other platforms No clue how this ends, but could go on for awhile Quote Link to comment Share on other sites More sharing options...
mikeman Posted January 28, 2021 Report Share Posted January 28, 2021 This is Joeys life story... before and after. Quote Link to comment Share on other sites More sharing options...
mikeman Posted January 28, 2021 Report Share Posted January 28, 2021 Just think what will happen when the $1400 checks come. Quote Link to comment Share on other sites More sharing options...
joeybagadonuts Posted January 28, 2021 Report Share Posted January 28, 2021 2 minutes ago, mikeman said: Just think what will happen when the $1400 checks come. Quote Link to comment Share on other sites More sharing options...
mikeman Posted January 28, 2021 Report Share Posted January 28, 2021 Quote Link to comment Share on other sites More sharing options...
joeybagadonuts Posted January 28, 2021 Report Share Posted January 28, 2021 19 minutes ago, mikeman said: This is Joeys life story... before and after. Don’t worry pal I’d never really risk it all on a run of degeneracy like this as tempting as it is. Quote Link to comment Share on other sites More sharing options...
joeybagadonuts Posted January 28, 2021 Report Share Posted January 28, 2021 Fire in an order on GME Merlin. I just did. Support the movement. Quote Link to comment Share on other sites More sharing options...
mikeman Posted January 28, 2021 Report Share Posted January 28, 2021 Quote Link to comment Share on other sites More sharing options...
mikeman Posted January 28, 2021 Report Share Posted January 28, 2021 Just now, joeybagadonuts said: Fire in an order on GME Merlin. I just did. Support the movement. At $300, are you nuts? Quote Link to comment Share on other sites More sharing options...
joeybagadonuts Posted January 28, 2021 Report Share Posted January 28, 2021 Just now, mikeman said: At $300, are you nuts? Who cares. Buy a few shares. You love seeing these libtarded billionaires get buried ! Quote Link to comment Share on other sites More sharing options...
mikeman Posted January 28, 2021 Report Share Posted January 28, 2021 5 minutes ago, joeybagadonuts said: Who cares. Buy a few shares. You love seeing these libtarded billionaires get buried ! A brave man would short it. Quote Link to comment Share on other sites More sharing options...
milwaukee mike Posted January 28, 2021 Report Share Posted January 28, 2021 50 minutes ago, mikeman said: I guess there's a stock with the symbol AMCX(completely unrelated to AMC) that's also surged the last couple days, apparently lots of people are buying the wrong one. amcx is the tv network, home of walking dead and breaking bad amc is the movie theater chain i don't think people were confused, viac/amcx were both rallying big time Quote Link to comment Share on other sites More sharing options...
IAG Posted January 28, 2021 Report Share Posted January 28, 2021 18 minutes ago, mikeman said: At $300, are you nuts? I was told I was nuts for buying BTC at 1700. Support the movement! Lol Quote Link to comment Share on other sites More sharing options...
mikeman Posted January 28, 2021 Report Share Posted January 28, 2021 7 minutes ago, milwaukee mike said: amcx is the tv network, home of walking dead and breaking bad amc is the movie theater chain i don't think people were confused, viac/amcx were both rallying big time Maybe, maybe not. What happened Shares of AMC Networks (NASDAQ:AMCX) surged as much as 18.1% higher on Monday morning. The market reaction followed after a $500 million refinancing move and a bit of ticker confusion. The stock cooled down to a milder gain of 8.1% as of 1:50 p.m., EST. So what Early this morning, the cable TV content creator and distributor announced that it is raising $500 million of senior debt papers due for repayment in 2029. The proceeds of this offering will be used to pay down $500 million of existing debt with shorter expiration dates. Nothing too crazy, just a basic refinancing of corporate debt. AMC Networks' balance sheet is in reasonably good repair, balancing $1.1 billion of cash equivalents against $2.8 billion in long-term debt. The company regularly reports positive free cash flows. However, the similarly named but unrelated company AMC Entertainment Holdings (NYSE:AMC) also reported that it has raised $917 million of fresh debt since December 14. This is a very big deal for the movie theater operator, which is struggling to keep its head above water due to limited movie-going interest and a weak slate of new films during the COVID-19 pandemic. The two media companies are easily confused, and this wouldn't be the first time one stock made a big move based on what an unrelated business with a similar name and ticker was doing that day. Even their ticker symbols are nearly identical. It's this business, not that one. Image source: Getty Images. Now what AMC Networks investors should write off today's big move as a misunderstanding. The company's own refinancing news should not have moved the stock more than 10% on its own, since this business is doing alright and generating positive cash flows. If anything, AMC Networks still looks like a solid buy even after this sudden spike, trading at just 2.7 times free cash flows and 6.5 times forward earnings amid a strategy shift toward video-streaming services. I wouldn't be surprised to see AMC Networks taking a haircut over the next few days as today's overly enthusiastic buyers realize their mistake and sell their shares. That's also not a cause for concern, just a normal correction of Monday's error. And then you'll be able to pick up AMC Networks shares at even cheaper starting prices. Quote Link to comment Share on other sites More sharing options...
joeybagadonuts Posted January 28, 2021 Report Share Posted January 28, 2021 2 minutes ago, IAG said: I was told I was nuts for buying BTC at 1700. Support the movement! Lol Atta girl!! Attack IAG, attack!! Quote Link to comment Share on other sites More sharing options...
mikeman Posted January 28, 2021 Report Share Posted January 28, 2021 2 minutes ago, IAG said: I was told I was nuts for buying BTC at 1700. Support the movement! Lol Yup , I remember laughing at a guy at work when it was $300, told him bitcoin would go to $1. Not my finest prediction. Quote Link to comment Share on other sites More sharing options...
rjt Posted January 28, 2021 Report Share Posted January 28, 2021 I’ll buy some GME tomorrow Currently have NOK, AMC, BB. Will probably sell BB tomorrow. Seems like there’s not much hype left with that one Quote Link to comment Share on other sites More sharing options...
joeybagadonuts Posted January 28, 2021 Report Share Posted January 28, 2021 4 minutes ago, rjt said: I’ll buy some GME tomorrow Currently have NOK, AMC, BB. Will probably sell BB tomorrow. Seems like there’s not much hype left with that one I’m getting in bbby tomorrow have a lot of NOK and NOK 3/5 calls Quote Link to comment Share on other sites More sharing options...
mikeman Posted January 28, 2021 Report Share Posted January 28, 2021 Most Shorted Names Soar After WallStreetBets Reopens by Tyler Durden Wednesday, Jan 27, 2021 - 17:30 Update 745pm ET: And just like that, 1 hour after reddit locked down its notorious r/WallStreetBets forum, it has returned, and not only that but the chaos over recent events just assured that tomorrow it will have a record day in new members. The forum's return came shortly after another notorious daytrader, Dave Portnoy vowed revenge for the downing of the portal, and in addition to revealing that he owns $1MM of AMC and NOK and may buy more, said that tomorrow would be the biggest day yet. Quote Link to comment Share on other sites More sharing options...
Jimmy Hoffa Posted January 28, 2021 Report Share Posted January 28, 2021 AMC closed at $2.12 on 12/31/2020. I think that's pretty close to what they're actually worth. They are a super squeeze target. Quote Link to comment Share on other sites More sharing options...
IAG Posted January 28, 2021 Report Share Posted January 28, 2021 Doge coin is assembling pump group Quote Link to comment Share on other sites More sharing options...
joeybagadonuts Posted January 28, 2021 Report Share Posted January 28, 2021 Just now, IAG said: Doge coin is assembling pump group My friend that I got into btc just texted me 10 mins ago asking “wtf is dogecoin “ Quote Link to comment Share on other sites More sharing options...
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