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This is why I buy and hold....

$AMC Entertainment (AMC.US)$ Shorts could buy every share that AMC has left in the float, and they would still be fckd.
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  • StrykerAce : Stop listening to grifters who’ve been 100% wrong this whole time. The only ones who are fckd are retail for the last couple of years….

  • SpyderCall : Umm... I think you are confused. Shorts don't buy shares. If you are shorting, then you are selling shares. Buying shares would be called going long. These are some of the first two things you learn in stock trading.

  • DannyrbOP SpyderCall: You are correct. However, they are supposed to SELL only up to the number of shares in the float. When the company's financials improve, shorts are supposed to cover(BUY) back the shares they sold short. Hedge funds and institutional investors have literally bankrupted good companys by selling the company's entire float many times over. It's called NAKED SHORTING, and it's illegal. So, are you confused or trying to confuse others?

  • SpyderCall DannyrbOP: I couldn't tell you to be honest. I have heard that companies can get attacked by shorts as the powers that be try to push the stock price to zero. Like a kind of shorting canpaign. I have heard Elon Musk say this himself about his company when it first started gaining popularity.
    I don't know if the powers that are are market makers, insiders, other companies, hedge funds, or all of the above. I also don't know why these conspiratorial short attacks only happen to select companies.
    I mean AMC isn't the best company on the market. But there are a lot of other companies that are much worse off, and there are no short attacks on these other crappy companies. Also, it seems like there are short attacks happening to good profitable companies for no good reason as some good companies experience a massive amount of selling for no good reason.
    The one thing that I do understand is that the market makers are always trying to make a profit. If Apes keep buying shares, then they will be shorting the stock essentially. The more shares Apes buy, then I would imagine the more inclined market makers are to keep the price depressed, at least as long as it takes them to break even.
    I imagine that it will take a lot of buying to offset the market makers' shorts and provide the upward momentum that this stock needs in order for the makers to start covering their shorts. Once the upward momentum is unsustainable, then they will have no choice but to cover or lose money. But at these low prices, the strike prices of AMCs options contracts are far apart on a percent change basis. I think this makes it even more difficult for AMC to gain the upside momentum.
    For example, if all of the market makers are shorting at the 5$ strike, then the price would need to climb over 25% before they really need to cover any positions. A 25% gain would require a lot of buying. And the buying just isn't there like that with AMC.

  • SpyderCall DannyrbOP: So, to answer your question, yes, I am a little confused. In a situation as opaqe as this, anybody would have questions. Personally, I don't like to invest in things that I don't understand. So I stay away from this confusing company unless it is a quick swing trade.
    And I don't think market makers are supposed to buy anything because the companies financials improve. They are mainly there to provide liquidity to buyers and sellers, essentially facilitating the transactions within a trading day.

  • Biden2024 DannyrbOP: 1. Short sellers aren’t “supposed” to do anything. Short positions can be left open practically indefinitely

    2. Name one company that has been bankrupted by “selling the company’s entire float many times over”.

    3. Provide evidence of naked short positions for AMC.

    4. The only one confused here is you and your fellow apes, and that’s why your portfolio has never once seen green

  • DannyrbOP : 1. Please let me know how to sell a company's stock short and NEVER cover.
    2. Sears, ToysRUs, Bed Bath and Beyond, Overstocked
    3. There in lies the problem.....and it's the SEC's excuse to say it's not happening.
    4. You don't know crap about my portfolio......refer to answer number 3.

  • Biden2024 DannyrbOP: 1. What do you mean how? Do you even understand how short selling works? Lenders can lend out shares indefinitely so long as the borrower maintains margin. Have you also not paid attention to bbby? Why would shorts need to return cancelled shares?

    2. Not one of those companies had their entire float sold many times over. Overstock still exists as well. Try and get at least one thing right.

    3. So you have no evidence then. How convenient.

    4. I know that you haven’t made any money at all, otherwise you would’ve showed some gains already undefined

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