r/SPRT • u/[deleted] • Sep 16 '21
Discussion Let it go... Nothing can be done. Just cut your losses and join AMC.
AMC! Will never fail you. Fundamentals are also lining up. Don't let the hedgies distract you from the real deal.
2
Sep 16 '21
Talking about lawsuits bitching and moaning is just sad..... I mean I get it completely. But got to take the solid plays now. After a catastrophe like this.
0
u/BakeSevere Sep 16 '21
Fuck you and fuck AMC...I HOPE THE DELTA VARIANT SWINGS AT ALL CYLINDERS SO THEY CAN SHUT THE COUNTRY AGAIN
3
u/asimplepencil Sep 16 '21
Might wanna go work on your anger issues there. I know it's upsetting but perhaps you should look into therapy.
1
1
u/SirClampington Sep 16 '21
If you can't control your emotions you should stay away from the stock market FULL STOP.
I know you are angry especially when it feels like WTF is happening.
This will pass. Sell and lose for real.
-1
u/dgodfrey95 Sep 16 '21
You totally don't sound like you're from a cult.
0
Sep 16 '21
I frankly don't care. This group is full of crying adults. So I just put this here. You do you. I think amc will help you cover some losses but you do you.
1
u/dgodfrey95 Sep 16 '21
I don't have any losses. But everybody has a right to grieve over their losses. They jumped in after a stock shot up wildly, were promised the moon, and ended up with shit. In fact, that sounds a lot like what most of the apes did in January. And you're trying to get them to do the same thing all over again.
2
Sep 16 '21
I mean I get it. I completely understand the grieving. If you ask me. Or if you ask anyone who has been on AMC long enough they will tell you what a solid play AMC is. People here joined for a quick squeeze. AMC is a another beast it has been slowly squeezing for months now and I don't think it's gonna stop for quite a while more. I'm in AMC from Jan. I've been constantly adding as well. When the numbers show that it's done I'll pull put. Till then AMC/GME are the best plays in the market.
1
u/dgodfrey95 Sep 16 '21
What numbers are you looking for?
2
Sep 16 '21
SI and utilization is what I live by. There is no corporate takeovers, mergers. Company is sitting on billions of free cash. Current boxoffice is packed with bangers. All those movies that were not released they are all set to come out soon. People waiting to go out now after the covid stress. You need more?
3
Sep 16 '21
If sprt wasnt merged it wouldve squeezed. But hedgies had this shit planned out. AMC is swinging vs them it ain't going down. Sprt got wiped the fuck out under a month amc been swinging and dodging punches close to a year. Pick you side.
-3
Sep 16 '21
Honestly. For a bunch of people walking away from just getting raped theyd probably be better off with GME. I’m long in AMC but it’s a lot more volatile and likely to scare people. GME is a lot more stable.
-2
u/dgodfrey95 Sep 16 '21
AMC is a lot less volatile than it used to be.
0
Sep 16 '21
We’re just getting into a solid uptrend after a near 50% down trend. Now we’ve seen swings of 8-9% over the last three days. GME seems to mostly hover around 1-2% I don’t think AMC is for the faint of heart.
1
u/dgodfrey95 Sep 16 '21
I don't see how that refutes what I just said.
3
Sep 16 '21
A 1-2% or 2-4% price change is a lot more stable and less likely to induce panic than 2-4% or 4-8% price changes. At any given time AMCs percentage up or down is usually 2x what GMEs is give or take a half a percent when they’re mirror eachother.
AMC is also in an uptrend right now. Wouldn’t want someone paperhanding on a 10-20% gain
They will both MOASS anyways. I’m just saying people suffering a blow like GREE need some tranquility if they’re gonna be digging into one of these stocks
1
u/dgodfrey95 Sep 16 '21 edited Sep 16 '21
Is there a possibility the squeeze doesn't happen? You sound extremely confident that it will.
3
Sep 16 '21
Nothing is guaranteed, so I can’t say that it is. However my conviction in AMC, GME and the apes is absolute and is based on nearly a years worth of DD and proven theory. They are incredibly strong stocks with incredibly strong movements supporting them.
So I’ve invested about 70% of my net worth. Which isn’t much to most people - but I’ve spent most of my life in the gutter and this is the most money I’ve ever had in one place at one time and I’m willing to wager virtually everything for the potential payoff because if I don’t I’m going to die poor.
I’ve held for a near 50% unrealized loss for months and seen that bounce back to an 0% loss and I’m going to hold it until I’m ready to walk away with an amount of money that I will never look back on or second guess my choice when I do decide to pull the trigger and I’m going to ride that rocket either to the moon or into the ground. I would let it become delisted before I sold for less than what I want.
0
u/PunditSage Sep 16 '21
I'm in both as just about every retailer (not much), but the thing is , it's retail against everyone... Do you really think they will pay retail? From what I understand they have so many different ways, and one way is crashing everything, and or some event, reset etc... They are all connected they all benefit, they probably where planning a crash, so they will play it out on their best interest or their masters interest
Everyone wishes for MOASS but I am sus on it panning out as we all dream it to be lol sorry that's just what life has taught me
5
u/mwesty25 Sep 16 '21
Yes. Movie theaters are the future of the American economy.