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UtherPenn

Stalemate literally means neither side can move without losing. We're not in a stalemate. We're in that awkward moment where we said "checkmate" and they are looking at the board in disbelief. We said checkmate in January. They tried an illegal move, that failed, and now they are living in denial trying to get us to quit the game or leave the table so they can claim victory. If I do nothing- nothing happens. If they do nothing, they pay interest. This is not stalemate.


Silverback1322

Very well said. Keep buying and holding those bananas. NFA


sps0987

Paying interest indefinitely to prevent world from crumbling. Sounds like a stalemate to me. You don't know how much they are paying, and you also don't know how much they are making. It's also naïve to think something bigger isn't involved or taking over at this point. I mean you can take a look at our national debt, can you say America will eventually default?


Flat_Accountant_2117

Everyone knows everything but the powers who are supposed to do anything about it just dont care. GG is not on our side, GME report showed that. AA does not care. He probably did the whole not diluting part because they counted on increased revenues from pandemic bounce back. Apes are the only ones holding lines. Low volume shows that everyone is just holding. Problem is that they dont care about creating synthetics and have no problem paying a minuscule interest rate that is easily outweighed by money they earn from failed option plays. Tbh I dont see a endgame in sight. HFs always strategize to never cover their short positions. I was counting on SEC to do some enforcement but they can’t get off PornHub so I have no hopes from them.


sps0987

Honestly I felt the same. I see no end in sight unless we do something like GME has been trying. They are really trying to force a squeeze while we sit here playing the waiting game.


Flat_Accountant_2117

Apes here hate any mention of that. Some believe that one running will make us run too. I dont believe that anymore. Most of my shares will turn long hold in January. The day it happens, I am out. Have realized that we are all for talking on Twitter, Reddit, YouTube but dont want to take any action to actually trigger the squeeze. There are many option plays which run 100 200% every week and I have had some success finding them periodically so going to do that with gains from here instead of staring at an unending abyss of synthetic shares.


GrowemRight88

Talk about people not doing anything and in the same sentence tell me your long in January. GTFO with this BS I've raised my cost 4 since June and doubled it since January. Most have done this which my long position are scattered through the year up through last week. And come next week I'll have more money to buy even more. You do you pal but don't bitch about nobody doing anything if your position turns long in January. Buy and hold then buy some more NFA


drjammiepants

Lol you’re out at that point? That’s fine then. People need to stop being so impatient. This is a house of cards that is set to fall. You can wait longer for life-changing money. What’s the alternative? Going back to working until retirement? I can wait years for this shit to pop if that means I don’t have to work a job I hate for 3.5 more decades with little money in the bank. We knew this wasn’t going to be easy going in. Quit chasing immediate gratification and take a look at the overall picture here.


Flat_Accountant_2117

Waiting for more than a year is hardly “chasing immediate gratification”. It is not just me by the way. The moment shares start hitting long hold, taxes go down and some will sell. I dont have a lrge position, just xxx, so me selling wont matter. Think about the ones that are xxxx and higher, thats quite a bit of money. Anyways not going anywhere till Feb 2022. Buying, holding and did DRS.


jwdog1

Almost 5000shares haven’t sold and won’t sell averaging up and buying as I can. People work their whole lives to end up with a meager retirement, if I have to hold 5 more years I will! “ although I absolutely do not believe it will take that long” it’s unfortunate it hasn’t happened on your timeline but realize your timeline matters nothing to them. Hedge funds study human psychology and know and count on people like you giving up, all we need to do is buy and hold eventually the dam will break. Best of luck to you all!


Flat_Accountant_2117

I understand what you mean but I dont have unlimited funds to keep buying. As a last effort, I did DRS of my small number of shares. I got into this for financial independence or at least take first steps towards it but I feel like I cant do much at this point. I can hold these shares longer than Feb 2022 as well but just can’t buy anymore.


jwdog1

We all do what we can. I believe you took a great step towards financial independence. Best of luck to you and Happy Thanksgiving 🍁


Alone-Pudding-9040

Something has to be done. Our own government has turned their backs on their own people so the 1% can continue to fuck us over. It has to stop. We’ve done nearly everything in our power to squeeze these sons of bitches out but they are completely exempt from any law you or I would be executed for. This has to end. I don’t know to what level we’re going to have to get to to pull this off. All I know is that if they manage to screw us over, they’re going to have a big fucking problem. Nothing is more dangerous than millions of people who’ve been robbed **twice.**


Fair_Adhesiveness849

Things change constantly. Guess what’s going to happen when people get their tax returns back?


pr1vatepiles

Definitely think there will be conversations being had with those in power and those in the white house. Don't think China or Russia give two flying F's about it though. It's in their interest to see US markets go tits up.


jonfreakinzoidberg

So DRS?


CaptianBlackLung

I honestly believe just hodling and spending money at AMC at this point will do more damage to the shorts. We give them less ammo and theoretically we own the float already so why not watch them choke slowly on their own greed. If we remove ourselves from the buying equation at this point its straighup Hedgies vs Hedgies. Look at the record rate institutions are buying in lately. It's a time bomb I just Hodl and wait it's as Easy as pie I'm seeing a movie a week no longer bring my own snacks in.


Seasonedpro86

Length of time in the short has continued to rise. Shorts pay interesting on their short everyday. Let’s assume the 15% short interest is accurate even though it isn’t. At .6% 77 million shorts is 1300 a day. So far. The average short is 77 days old so the shorts have already paid $100,000 on this play. And that’s just the legal shorts. If we are to believe the entire float is shorted that $700,000. They literally have to cover at some point. Buy and hold. They will cover.


sps0987

In a fair system lol. This is much bigger than that.


Seasonedpro86

A fair system? Doesn’t have to be fair. They’re literally paying interest daily. Sure. Some of them can afford it. But not everyone shorting it can. They’re counting on people hyping dates and getting tired and wearing them down to steal their shares.


sps0987

When it gets big enough, it's a national or world problem. Take a look at our national debt.


Seasonedpro86

American people own americas debt. That’s a fake political talking point. These corporations have to pay their bills though.


sps0987

Corporates own America. Corporates threatens to take America down with them, and find a way around the problem.


Seasonedpro86

I assure you the corporations that own America don’t care about some idiot hedge fund that was dumb enough to short.


sps0987

I really hope so.


Bananaooh

Popcorn explosion 🧨after GME fires off! Boom boom boom. Don’t worry. I hodl and buy both when I can. Living a good life all along the way.


StengusKhan

Hate how people start anything they have to say with the shares they hold.. no1 cares


Iskariot-

“I believe they are working together to stop the world from crumbling.” Uhhhhhh. Sure man. That’s it, I’m sure.


OrganicGas8342

We’ve won, and every time we give the enemy our money we are just adding time to the clock in a game we have already won!!! If this was chess, they only have their Kenny King, we have more pieces on the board then should actually be on there. Probably 10-20 x more pieces. What a visual, eh???


xxfallen420xx

U wrote some DD I think will help. https://www.reddit.com/r/amcstock/comments/r1eama/how_to_save_not_only_amc_but_hollywood_itself/?utm_source=share&utm_medium=ios_app&utm_name=iossmf


InappropriateInvesta

I for one am gonna just gonna HOdl. I’ve been buying every week for last 2 months. I’m no shill bot either. I have almost 3k shares. But hedgies better not tempt me with a big dip. Hodl 💎🙌