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CTBasketball

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*FEAR of missing out.

Congratulations man, you called it.
Good catch.

Actually this is a cheap price. You can still make life changing money off of this, just higher risk now. Or you can invest in LINK like the rest of the Yard lol.
 

StllH8L8ner

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Good catch.

Actually this is a cheap price. You can still make life changing money off of this, just higher risk now. Or you can invest in LINK like the rest of the Yard lol.
Why is AMC spiking now as opposed to a week or a month ago, etc? It's tempting but I'm just wondering what the catalyst is for timing of these big moves. I understand FOMO but what triggered people to say 'okay, now we buy' after not really doing much in the last month before the spikes?
 
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Good catch.

Actually this is a cheap price. You can still make life changing money off of this, just higher risk now. Or you can invest in LINK like the rest of the Yard lol.
I've been trading crypto for 5 years, never really been a pump chaser. I had 3,000 plus under $3 and sold around $6-$7 the day before WSB took it over. Oh well, I'm too conservative a swing trader.

I hope you sold a fraction at $36 and buy back in. Its not all or nothing, take some profits and then re-insert them.
 
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CTBasketball

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Why is AMC spiking now as opposed to a week or a month ago, etc? It's tempting but I'm just wondering what the catalyst is for timing of these big moves. I understand FOMO but what triggered people to say 'okay, now we buy' after not really doing much in the last month before the spikes?
It’s a very long explanation. Lots of fail to delivered positions + hedge funds have no money left + continuous option calls landing in the money + FOMO. The volume has always been there, volume drives big price moves.
I've been trading crypto for 5 years, never really been a pump chaser.

I hope you sold a fraction at $36 and buy back in. Its not all or nothing, take some profits and then re-insert them.
No I’m holding until right after the squeeze ends, planning for down tick. Won’t hit the top of course, no one will maybe like 0.0001%, but I hope to be somewhere near the top 20%.
 

StllH8L8ner

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It’s a very long explanation. Lots of fail to delivered positions + hedge funds have no money left + continuous option calls landing in the money + FOMO. The volume has always been there, volume drives big price moves.

No I’m holding until right after the squeeze ends, planning for down tick. Won’t hit the top of course, no one will maybe like 0.0001%, but I hope to be somewhere near the top 20%.
Thanks...def not a stock for the faint of heart with today being an example. Was up around 20%+ this morning and is down around 4% last I looked.
 

UConnSwag11

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It’s a very long explanation. Lots of fail to delivered positions + hedge funds have no money left + continuous option calls landing in the money + FOMO. The volume has always been there, volume drives big price moves.

No I’m holding until right after the squeeze ends, planning for down tick. Won’t hit the top of course, no one will maybe like 0.0001%, but I hope to be somewhere near the top 20%.
How long does this last and what’s the estimated price it’ll reach?
 

CTBasketball

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Thanks...def not a stock for the faint of heart with today being an example. Was up around 20%+ this morning and is down around 4% last I looked.
Yeah I’ve been constantly increasing my position since December. I notice if people jump in all at once they can’t handle the pride action and they sell.

How long does this last and what’s the estimated price it’ll reach?
Depends on a lot of things - I think 2-4 days of around 25% of the max peak. But honestly no one really knows. Price target there’s a lot of misinformation out there. My own math has it a lot less than the speculative $100k you see.
 
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Yeah I’ve been constantly increasing my position since December. I notice if people jump in all at once they can’t handle the pride action and they sell.
Kudos @CTBasketball, the abacus has worked quite well. Finally analyzed AMC under the hood last week versus just being humored with a small # of AMC shares bought for sh|ts & giggles, then added a good chunk <25 on Friday's dip.

After previously taking some ridiculous profits on a few global banks which have large prime broker ops, added some IXG puts Friday to complement prior hedged SPY. Minimal cost in case some heavily AMC, GME, etc shorted hedge funds and other aggressively shorted asset managers cause broader carnage others project. Time will tell ...
 

CTBasketball

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Kudos @CTBasketball, the abacus has worked quite well. Finally analyzed AMC under the hood last week versus just being humored with a small # of AMC shares bought for sh|ts & giggles, then added a good chunk <25 on Friday's dip.

After previously taking some ridiculous profits on a few global banks which have large prime broker ops, added some IXG puts Friday to complement prior hedged SPY. Minimal cost in case some heavily AMC, GME, etc shorted hedge funds and other aggressively shorted asset managers cause broader carnage others project. Time will tell ...
There’s a reason why Citadel Capitol has been hiring bankruptcy lawyers since February. And they moved 8.1B of the companies net worth to accounts in the Cayman Islands and China. They can’t stop this run up.
 
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There’s a reason why Citadel Capitol has been hiring bankruptcy lawyers since February. And they moved 8.1B of the companies net worth to accounts in the Cayman Islands and China. They can’t stop this run up.
$8.1B's a lot of shekels, yet Citadel's likely moved even more and they're hardly alone. Shifting some dinero under clam shells in mainland China's interesting, but not expected. Now, Malaysia, maybe Thailand, even HK or less likely SG. Or, Mauritius, Cyprus, UAE, Bahrain, Kuwait, maybe Jersey and Malta aside from the supposed Maltese compliance with EU tax regs. What's interesting even now is how little recognition appears to exist of potential broader global market impacts. Sure hope not, yet unwilling to avoid some hedges.
 
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Whoever it was that said Cloudera CLDR was an acquisition play, today that prediction came true
Some NON-tax sheltered account holders of CLDR may appreciate the appreciation, but not so much the unplanned capital gains impacts of the cash sale.
 
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Companies trying to make people go back in full time are running in to some challenges. This aligns with our own research on this topic. I think the change is permanent, even if some wish it wasn't.
Not so much currently, but after a few to several months I suspect widening variances will exist by sector, functional role types, responsibility levels, available/alternative new opportunities, age, marital/partner/family status, etc. With some sectors and companies unable to hire enough new employees for traditional office roles, many employees call the shots.

As hiring eventually slows and virus containment ideally continues well, some people may become more open minded regarding returning to offices at least a few days weekly. Heavily relationship-dependent sales reps? Institutional traders, related compliance, some ops and some tech support? Time will tell, many roles will continue as WFA, but others ... time will tell. No dog in the scenarios, but sure look forward to traveling.
 

the Q

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Chin Diesel

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Yeah I’ve been constantly increasing my position since December. I notice if people jump in all at once they can’t handle the pride action and they sell.


Depends on a lot of things - I think 2-4 days of around 25% of the max peak. But honestly no one really knows. Price target there’s a lot of misinformation out there. My own math has it a lot less than the speculative $100k you see.

AMC up 30% so far today. See if it can hold it today or if it all falls away like it did on Friday.
 

CTBasketball

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AMC up 30% so far today. See if it can hold it today or if it all falls away like it did on Friday.
That was a deliberate rug pull. We could see it this afternoon, usually heavy short positions come thru around lunch.

Today we’re seeing either massive FOMO buying and/or a small amount of delta hedging.
 
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That was a deliberate rug pull. We could see it this afternoon, usually heavy short positions come thru around lunch.

Today we’re seeing either massive FOMO buying and/or a small amount of delta hedging.
Congrats for hanging in. Don't spend it all in 1 place!
 

CTBasketball

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AMC up 30% so far today. See if it can hold it today or if it all falls away like it did on Friday.
Congrats for hanging in. Don't spend it all in 1 place!
So not much short action looking at the candles - I can double check the short interest later. But the price spikes were likely delta hedging I’m thinking.
 

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