The Investment Thread (3 Viewers)

[Turfie]

AMC earnings this afternoon. The stock price action will likely carry over to GME, BBBY, EXPR, KOSS, and maybe BB

 

[DaveXA]

AMC earnings this afternoon. The stock price action will likely carry over to GME, BBBY, EXPR, KOSS, and maybe BB

I'm expecting a pretty good number for AMC. We'll see.

 

[NewOrleansFan]

Market may have bottomed last Thursday.

 

[Turfie]

I'm expecting a pretty good number for AMC. We'll see.

Not much price action. Haven’t actually seen the earnings. But not much volatility in after hours.

 

[St. Geezy]

Not much price action. Haven’t actually seen the earnings. But not much volatility in after hours.

It got up to $19.5 at one point then dipped below $18, so it was plenty volatile. Still expected a lot more after beating on both revenue and EPS.

AMC's CEO did say that retail owns 90% of the float though, which is crazy considering institutions own 32% on record.

Underwhelming start to the week, across the board. Things seem to just be flat-lining for now.

 

[Turfie]

I stare at GME too much probably. But the GME price from Dec 17 to January 4th looks almost the exact same to Feb 17 to current.

Probably a coincidence. But this is pretty similar. Maybe we dip hard tomorrow.

 

[St. Geezy]

I stare at GME too much probably. But the GME price from Dec 17 to January 4th looks almost the exact same to Feb 17 to current.

Probably a coincidence. But this is pretty similar. Maybe we dip hard tomorrow.

I am fully convinced at this point that virtually every stock on the market is in the midst of a Wyckoff Accumulation Pattern in some form or fashion. Whether it's intraday, hourly, weekly, monthly, or in some cases, yearly.

This is what our stock market has become. Institutions using algorithms to shake out retail from securities everyone knows are way oversold, using phony "catalysts" as narratives for run-ups and "bad news" for dumps they fully control.

Whether it is a Wyckoff Accumulation, Wyckoff Distribution, or Parabolic Arc, the day to day price action is intended to a.) get you to buy in when they want you to, for their benefit, and b.) get you to sell when they want you to, for their benefit.

And therein lies why they hate the "HODLers" so much, because we are not following the behavioral response norms that the system was designed to elicit, thus taking away their profits they figure they should already have in the bag if we were to sell when they want us to.

 

[St. Geezy]

Just another day on the block...

 

[Turfie]

Just another day on the block...

And I will keep adding and holding.

On March 8 I will have my first set of shares that I’ve held for 1 year.

 

[Turfie]

Super low volume day.

 

[DaveXA]

Wonder how long the Russian markets will remain closed? That's going to be a sheet show when it reopens.

 

[UK SAINTS]

I just recently heard about ESG scores.
Are you all aware of this and what are your thoughts?

 

[Rickboy]

oof, another 500 off the dow..

I bought 300 Rivian at $49 this morning. Between their botched price increase, backtracking, and the Ukrainian war, this looked like a good buying opportunity. I‘ve got another $60K I’m looking to buy with.

 

[bclemms]

I’m getting slaughtered. Wish I held my outs on VEON.

 

[Turfie]

IMMX. Which is trying to discover cancer treatments for kids. It’s getting absolutely obliterated this week.