Skai
2021-07-16

$AMC Entertainment(AMC)$turned green yesterday in the midst of the heavy shorting. This proves some facts:

1) The real apes and smart retail investors aren't selling no matter how massive the short attack is. AMC is a unique stock that has great support from people from all over the world, including small country like Singapore. The community is huge and thus strong against FUDs and short attacks. They can force some investors with lower faith to panic sell but the price can only drop to a certain level as the majority of the investors are holding. The short sellers should face their fate and start cutting their loss (cover the short) as soon as possible.

2) The shorts have to cover. The short sellers borrow shares in order to short the stock and they have to buy the shares back in order to return. When they buy, the price will be pushed up. On the other hand, they have to continue to pay the short interest if they were to delay it. We all believe in the short squeeze because of the various facts, such as high interest rate and majority of the shares are already owned by retail investors.

3) On the very bad red days, as long as you haven't sold your shares, you haven't made any loss. Paper loss isn't damaging. On green days, the price goes up and your PnL will be green again. Don't panic sell.

4) Nobody can predict when exactly the price will go up or down. I have concerned friends who have advised me to sell and cut loss at the beginning of the latest wave of short attack. The advice was that I could always use my fund to enter again. But what if the price starts rebounding soon after selling? Why would anyone want to join the enemy to further damage his own stock?

There will be more green and red days ahead.

If you want to make quick buck, you can sell your shares off once you've made some profit; that's if you think the amount is big enough to make any difference in your life. As long as you're happy.

Most apes have entered the position for the short squeeze that will certainly bring in much more profit than most other stocks can do.

No stock faces no risk. Instead of making wrong investment in other stocks, I would rather put my extra cash into AMC because I know the price will eventually go up. 

Eventually, it's up to individuals to make their own decisions.

I was talking to an Instagram friend who was panicking. Luckily, her husband is a real ape who has great faith in AMC. Eventually, instead of panic sell her positions, she bought more shares. This increases my faith in AMC more.

After the latest wave of short attack as the short sellers exhaust themselves furthermore with fewer shares available to borrow, they have dug their graves deeper. With the high short interest, they are burning their wallets if they wish to resume the fight. As the price continues to increase, they will find themselves in a worse situation each day.

Nobody knows when the MOASS (mother of all short squeezes) will start, but I can feel it's getting closer after this latest wave of failed attack.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • R3dW0p
    2021-07-16
    R3dW0p

    Thank you. A very localized POV from a fellow singaporean :)

  • thefatboi
    2021-07-16
    thefatboi
    I'm glad to see another Singaporean ape right here. I have been in this stock ever since Feb and I will not fking leave until it moons!! #AMCundefeated #AMCtothemoon
    • kareayam
      yeah holding since feb also
    • Zack克明冲
      same here!!
      like n share!!
    • Skai
      I started trading only 2-3 months back. You're a pioneer and strong ape! Let's go to the moon together!
    • TehOChris
      holding
  • dessai
    2021-07-16
    dessai
    there are definitely many more Singaporean Apes around!
  • trojan1337
    2021-07-17
    trojan1337
    here since jan ?? have been buying and havent sold any.

    options supposed to make tons of money but didnt sell them and resulted in plenty of loss though. ??

    patience, this will make history

    • trojan1337ReplySkai
      yea true. they are just kicking the can down the road. it angers me too. blatant market manipulation and excessive FUDs. new apes may be worried because of the constant market news though
    • SkaiReplytrojan1337
      I'm inexperienced but I watch and read a lot after entering position for AMC. All the manipulation and FUDs anger me so much that I decide to hodl instead of doing swing trading. Now my Pnl is red.
    • SkaiReplytrojan1337
      We need to try to educate more new investors like the "old me" to understand the actual situation that apes are hodling and thus the heavy short attacks can only do such low damage to the stock.
    • trojan1337ReplySkai
      yeah. the more i read into it, the more im certain there are tons of market and price manipulation. systematic price drop, ladder attacks, 801, consistently hitting the wall, FUDs and media control
    • Skai
      January! True fighter! Let's make history together!
  • 3young
    2021-07-17
    3young
    The thing is very simple why amc stock doesn't rise when we have buy order larger than sell order, this is because some evil shit routing buy order to darkpool and sell order remains
    • Skai
      It's so unfair. This system needs to be changed!
  • GTTG
    2021-07-17
    GTTG
    Nice!! SG apes lets all get our carplate 801 when Amc moon-ed!
    • trojan1337ReplyGTTG
      cant remember the exact date but i think it was arnd feb 26. where everybody battled for the price to cross $8 for options to be itm. the last 5mins was insane.
    • GTTG
      Haha Its just a symbolic $8.01 breakthru for amc. we can choose maybe the first day that amc closed $xxx. Just an easy identifier for SG apes since we are a community. What do you think ?
    • Skai
      Hodl! Haha. I don't get it. What does 801 stand for?
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