This is a joke
If this doesn't moas in October it likely not to happen for a while maybe next year, reason for my theory is November marks 1 year from when price was 2.10 and people bought in large scale another big buying month was this January and February with capital gains being lowered for keeping stock for 366 days I see alot of people selling their positions. Especially with the climate of the economy and with the holidays around the corner. Just be careful how Y'all play this, as in November you may see a major downtrend which I believe will go under 20. This isn't a fear post nor am I employed at a hedge fund, I just think people last October stock was under 2.00 people are selling.
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cubsfantrey333 : sounds great. next year we all pay way less in taxes. inside of 12 months if you sell the capital gains tax is 37% after 12 months it drops to 0% if you make less than 45k a year and 15% if you make less than 450k and 20& if you make more. all of those are better than 37% and a significant amount of money. I personally am already up quite a bit and don't want to pay 37% at all
DankpireOP cubsfantrey333: Yes but most amc buyers came in late October and early November 2020 and January/February 2021 so I do see those people avoiding the 37% and just taking their gains
cubsfantrey333 DankpireOP: most? nope. most were here before June amd the majority of the float has been controlled since march
Dont Lose Money : Nobody is aiming for mosss at this stage when shorts are not covered, if you really understand AMC. Some of us here have beeN holding since Jan / Feb 2021. If you take it’s fundamental into consideration, we are looking at Oct 29 to hit $50-52 or $60 by Nov 5 ( check my previous post ). Hope I am able to shed some lights here, not financial advice
cubsfantrey333 DankpireOP: there is no hurry at all and 0 reason to panic and start posting dates and declaring when it will and will not happen. you have 0 idea at all. no one does. the fact is if it drags out longer its better ror us.
DankpireOP cubsfantrey333: Maybe you have 0 idea either, maybe amc is just a distraction. Who knows I'm just giving my opinion. I know nov 4th I'm selling half my shares and I. Jan I'm selling my other half hope you get to the $1k fairy tale really do. I can just use it to invest in other solid long term stocks and crypto
GOOBERHAG DankpireOP: Not me..
GOOBERHAG DankpireOP: Did we poke a GME only guy? The only distraction here is shorting hedge funds in your head driving a wedge between apes.
McElroy DankpireOP: not this guy
DankpireOP McElroy: ??? Don't get it, just my honest opinion is it insulting to you in any way? Cause I barely post on here and never had a conversation with you. But yeah "not this guy"