SaintInBucLand
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GME been on the rise again.. $242 at the time of this post.
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Finished at 246. Hedge Funds are still buying shorts. Despite that there are not “real” shares anymore.GME been on the rise again.. $242 at the time of this post.
I was debating about loading more in a few days ago, but decided not to. I think I got like 10 shares for fun a month or so ago, after the initial pop wore off and it dropped back to reality. But, at some point, if they survive, AMC will be doing better in the next 6-12 months.Im up $15 on my 6 shares of AMC, looks like I will be able to pay my mortagage off sooner than later....to the moon .
I bought some aggressive calls yesterdat morning, already doing well. Really just a risk/reward play. The fundamentals of AMC couldn't be much worse short term and long term. I do think they will have a 1-2 year boom pent up demand and pent up supply of movies hit but the long term theatre industry has been on decline for a while now. The short term, people don't want to go to movie theatres with covid to see second rate movies. There is simply too much money being invested into digital streaming and attracting subscription base with big blockbusters is too attractive to ignore.Im up $15 on my 6 shares of AMC, looks like I will be able to pay my mortagage off sooner than later....to the moon .
Yup, just bought a ton of $8 put options.$GME continues its steady incline
Disney / MCU will dictate the movie theater market, in my opinion. If Black Widow is a go in May, it's good news. If they push back to fall, ouch. But then Fall can be loaded up.I bought some aggressive calls yesterdat morning, already doing well. Really just a risk/reward play. The fundamentals of AMC couldn't be much worse short term and long term. I do think they will have a 1-2 year boom pent up demand and pent up supply of movies hit but the long term theatre industry has been on decline for a while now. The short term, people don't want to go to movie theatres with covid to see second rate movies. There is simply too much money being invested into digital streaming and attracting subscription base with big blockbusters is too attractive to ignore.
Yup, just bought a ton of $8 put options.
Disney+ is also Disney's cash cow.Disney / MCU will dictate the movie theater market, in my opinion. If Black Widow is a go in May, it's good news. If they push back to fall, ouch. But then Fall can be loaded up.
what exchange are you using?I have XLM, ATOM and ALGO. I'm very new to crypto and am learning as I go, but what I read on Coinbase about them, they seem pretty cool. ATOM and ALGO earn rewards.
what exchange are you using?
True, but if you listen to Disney's earnings calls and CEO statements, they really really really don't want to put Black Widow on Disney+, even with the exclusive pay release like Mulan.Disney+ is also Disney's cash cow.
Regardless, the optimism is that the theater industry will go back to what it was prepandemic. In AMC's case, the stock is worth more now than it was prior to taking on debt loads greater than the companies total value after being shut down for a year and AMC did several massive secondary offerings along the way. So for AMC's current price is simply a game being played and has nothing to with actual company or stock value. Same thing with GME. At $2/share stuff like Black widow and vaccine numbers mattered.