Originally Posted by Hammock Parties:
Now way under 30. A reckoning for that dipshit MTG :-).
I am avoiding this like the plague. Might buy BODY.
You're such a fucking moron. And I legitimately, and sincerely mean this. I have made more off of AMC and GME this year than you have working, I guarantee you that. I can't wait til your dumbass ends up with egg all over your face yet again, as you have too many times to count over the years. [Reply]
Originally Posted by Taco John:
What's the long term expectation for AMC in this thread? It's intriguing to me. I typically stay away from these types of things that seem driven more by issues than fundamentals, but I feel like I'm missing information on this one, especially as I learn more and more about the potential of NFTs. Are the fundamentals really there, or is this just about sticking it to the man?
In January of 2020, it was around $6.50, so that's my long-term expectation. [Reply]
I’ve been saying for 6 months in thread that some of you are going to get stuck in some horrible plays while you guess at stocks.
What's really alarming is the lack of stock participation and the damage underneath the surface. Only 28% of stocks in the Nasdaq are above their 200 day (long-term trend). You wouldn't think that looking looking at the Nasdaq Composite Index, which closed today at its 50 day. Mid-caps are breaking down. Small-caps are having a mini-meltdown. Even the Dow is breaking down.
Once again, I'm not saying this is going to lead to a crash or even a correction for the general market, but there is a lot of weakness and risk out there right now. [Reply]
Originally Posted by MTG#10:
You're such a fucking moron. And I legitimately, and sincerely mean this. I have made more off of AMC and GME this year than you have working, I guarantee you that. I can't wait til your dumbass ends up with egg all over your face yet again, as you have too many times to count over the years.
As I said the other day, I thought we would smash through the 50 day SMA and we did yesterday.
Already seeing some strong selling into the up opening this morning. If we get a reversal today like we had yesterday we are in for an extend run to the downside. [Reply]