posted ago by 8thGenPatriot ago by 8thGenPatriot +32 / -0

A thought struck me today. There's a big debate on whether AMC is a legit short squeeze or just a distraction. Could it be both?

In wildland firefighting, it's important to establish a firebreak. Sometimes, this means a controlled burn. When the wildfire reaches that area, it can't spread because everything is already burned.

Obviously, there is some risk to this strategy, because if you lose control, you just have a 2nd wildfire on your hands.

I think this is what we're seeing with AMC. HFs have been using AMC as a firebreak, but the conditions are so volatile that they nearly lost control this week.

Maybe I'm right; maybe I'm wrong. With all the lies and manipulation flying around, the wrinkle brains will spend years trying to sort all this out.

Comments (19)
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DogesGoneWild 13 points ago +13 / -0

The gme options chain and it premiums got so out of whack that they shifted to amc because not enough apes can afford gme options anymore.

There are enough people who believe amc can squeeze therefore it can.

Unfortunately- if everybody had stuck to the plan of gme and kept all our eggs in one basket - this would have mooned by now.

The entire amc thing got started by apes looking for another play at 4.00 like gme was. Dumb. Gme is still the play and 250.00 its still a bargain. The signs are everywhere, people need to open their eyes.

TheRealPizzaPope 10 points ago +10 / -0

Yeah, I never got in on the earlier GME squeeze. I'm gonna have to enter now with $250 as the price tag. I don't have much funds but I'll cop at least one share.

HighFrequency 9 points ago +9 / -0

One share could be life changing. But only if you HODL!

CavePeasant 5 points ago +5 / -0

That $250 could be the best money you ever spent if or when this thing goes up. I spent more and it could be the easiest millions I ever made. But we will see about all of that. Don’t spent more than you can afford to lose.

TheRealPizzaPope 1 point ago +1 / -0

Yeah for real. Its just a matter of far people are willing to take it. Either way I’m gonna make a nice return. Looking forward to invest the returns in a stable security after and potentially make a passive income.

BetaODork 7 points ago +7 / -0

This. I’ve actually only just bought in recently and started researching but one thing I immediately noticed that says a lot: the difference in how fake news treats gme vs amc. And that’s not counting the actual financial comparisons. Not that I know anything of course.

DesireLiberty 1 point ago +1 / -0

This has allowed me to more than triple my shares. I have sold out of most of my AMC and as I get money, I buy more GME.

this is the way

anesPEDEsia 10 points ago +11 / -1

GME has over 70 million outstanding shares. AMC has over 500 million outstanding shares. Seems like it is much easier for apes to own the float on GME.

Also, AMC seems like a dying brand trying desperately to save itself. GME is a historically successful company with a new CEO, board of directors, and is in the process of transforming the company into a forward-thinking institution with larger market share, and lower overhead cost.

To compare these companies. Yes they both might squeeze. But they are very different businesses, with different operating models. Different management. Different products. And different future outlooks. Only one of them appears successful in the long term to me.

Relhok 13 points ago +13 / -0

I agree. Most movies have been degenerate woke garbage for awhile now as well.

Fact 5 points ago +5 / -0

I favor GME also but China has a stake in AMC so I don't think AMC is dying. China will do anything to keep its tendrils into American media alive and well, including dumping infinite money into it or producing entirely cooked books for it.

deleted 6 points ago +6 / -0
JamesSunderland 1 point ago +1 / -0

If they sold now and not in May they would've got an additional 1 Billion.

alien_observer 3 points ago +3 / -0

to be fair, breaking bad and mad men are my two fav shows

anesPEDEsia 3 points ago +3 / -0

#MeToo. Breaking bad ended 8 years ago. Mad men ended 6 years ago. Not much good AMC programming since then.

Lurking_Waiting 2 points ago +2 / -0

That's AMCX ... Not AMC.

No squeeze on AMCX

8thGenPatriot [S] 5 points ago +5 / -0

I just want to thank everyone for weighing in on this. It was a random thought that struck me, and I very much appreciate hearing everyone's perspective.

deleted 4 points ago +4 / -0
DogesGoneWild 4 points ago +4 / -0

Amazon has 500m shares outstanding so for those who think gme can’t hit 2-3k a share on a squeeze - pfffft. It’ll blow right past that.

Aambrick 2 points ago +2 / -0

Look at it just 2 years ago. it was around $3-$6 a stock. Now it is somewhere between $40-$50.

I say they are trying to get rid of their stocks to help pay off the ones at GME. I agree it is likely both a distraction and a controlled burn.