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Deckie007 said:
Yeah, I held onto AMC from my initial purchase in March and added a bit last week and on Monday. Avg price is $16.17 so getting close to 3x. Have a handful of BB too, so folio getting a nice boost today.
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My man memeing it up! Ballsy!
 
Deckie007 said:
Yeah, I held onto AMC from my initial purchase in March and added a bit last week and on Monday. Avg price is $16.17 so getting close to 3x. Have a handful of BB too, so folio getting a nice boost today.
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You bastard!!!! Excellent work!!!
 
Meanwhile I've bought CERE 3 times at $10 and sold at around $10.30 every time. Considering I pretty much empty my account on those purchases.. It's a nice little payday. But not AMC money.

And yes this is another example of me "gaming" the system. I'm mentally ill.
 
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Preston said:
Meanwhile I've bought CERE 3 times at $10 and sold at around $10.30 every time. Considering I pretty much empty my account on those purchases.. It's a nice little payday. But not AMC money.

And yes this is another example of me "gaming" the system. I'm mentally ill.
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Good stuff!

I'm not doing much (still on a trading hiatus that started last week). Dipped a little into ABNB calls this am and will probably take my $400 and run.
 
CH1 said:
You bastard!!!! Excellent work!!!
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lol, I did badly on options with AMC - was just a bit early tbh, so really probably not really up more than 10% anyway. But I think is gonna run a bit. Options are nuts for AMC right now, 500% implied volatility on itm strikes which is madness. Gonna stay away from those.
 
I just keep my buy orders at $10 and sell orders at $10.30. Sometimes takes days to fill but it eventually happens when someone does a market order buy. Taking advantage of illiquidity I guess. Otherwise the price just hovers around $10 all day every day.

Other than that... Yeah, hiatus has continued for me. In a little heavier on TRUL which I have trimmed a bit since buying Monday and I'm completely out on AYR after being somewhat alarmed by their financials (not operationally speaking but their extra stuff like travel+entertainment expenses is absolutely insane). Not necessarily cause for huge concern but I bet on management in a sketchy sector like this and stuff like that is a semi knock against them.
 
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I stay away from options with that level of crazy vol...because even if you nail the direction perfectly, you can lose your shirt when the vol dies down. That is the worst feeling in the world -- being right and still getting your ass kicked.
 
I've been so insanely busy at work I gave the market a rest for a couple of months. Only thing I've really done since April is add to AMC a bit and buy more JMIA.
 
We'll see if the gamma squeeze happens with AMC...right now it's more retail driven from what I've been reading. Shorts are going to have to cover eventually, right?
 
92.62%.

What’s crazy is that an Aussie client of mine just on Friday was like a friend told me to buy AMC, and I was like that’s pure gambling, super risky, not for me.
 
LeafOfFaith said:
92.62%.

What’s crazy is that an Aussie client of mine just on Friday was like a friend told me to buy AMC, and I was like that’s pure gambling, super risky, not for me.
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You'll win longterm with that atttiude. But yes, for now that sucks dick.
 
my system levels told me to buy today at 38. I SAID NO FUCKING WAY!!!
 
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