Yes! AMC up 20% today which means I’m now only down 10%. lol. Diamond.....hands? 🤷‍♂️

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I sold and cut my losses at $14

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I was in at 6 after the drop and out at 10. Needless to say I did not expect this.

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I don’t understand how it’s going up. Wanda started liquidating their shares, and they are voting on the ability to issue up 500m new shares. Why it moved the way is does is beyond me. Also before anyone says it no wsb does not have the buying power to short squeeze amc or GameStop for that matter, they just brought the opportunities to the people who do.

This is why people keep saying gamma squeeze. Smaller players like WSB can fight asymmetrically using call options rather than buying shares and I believe sell the options if they're ITM rather than needing the capital to execute the options.

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You planning to sell and cut your loss?

Nah, I made a little during the jan frenzy and pulled my initial investment out, so technically I’m not out anything even if it goes to zero.

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Los Angeles opening up AMC theaters this week. I got out of my shares today

Opening and being able to operate at a profit are two different things that just about everyone mentioning reopenings seems to be ignoring.

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