Discover and read the best of Twitter Threads about #AMC500K

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Investing 101: A Beginner's Guide

I started investing in stocks when I was 24 years old (early Robinhood user).

I bought my first crypto (#BTC and #ETH) in 2016.

I've made hundreds of thousands of dollars ($$$).

I've also lost hundreds of thousands.

Avoid these 7 mistakes 👇
1/ The "price" is irrelevant. It's the market cap that is important.

Right now, #AMC500K is trending.

People think AMC "the price" can reach 500k.

But that would put AMC's market cap at $1.2 trillion+.

Don't look at the price.

Look at the total valuation of the company.
2/ Timing the market is hard & stupid.

Everyone thinks they can buy the bottom and sell the top.

Nothing has lost me more money than trying to do this.

Because the bottom is rarely the bottom.

And the top is rarely the top.
Read 9 tweets
Hey! Ever wondered what's it like to be a degenerate options trader?

Do you know how it feels to make those life-changing gains?

Want to learn how to take excessive risks with your money and lose it all on one trade?

Let me take you on this journey.
2/ Let’s go back to the summer of 2021.

The stock of AMC Entertainment almost doubled on 2 June, closing at $62.55.

Reddit was full of various accounts boasting their AMC gains:
3/ Looks good, doesn’t it? Maybe it’s worth getting into AMC ourselves?

Luckily, on 4 June AMC dipped to $47.91/share.

By now we all know what to do with dips, don't we? ;)

Let’s buy some calls, so we can achieve those +5000% gains of an average WallStreetBets anon account.
Read 22 tweets
Why can’t legacy finance media (or your friends or family) wrap their heads around #AMC and the #AMCAPES?

Other than they get paid off to spew FUD - they miss the simple supply and demand battle being waged.

For many it’s obvious, but for others it doesn’t appear to be... 1/
The supply of #AMC stock (commonly referred to as “the float”) is suggested to be 493 million shares.

Hedge-funds began shorting (betting against) #AMC after the pandemic. The amount of shares shorted is referred to as “short interest.” 2/
Many saw how heavily shorted #AMC was and continues to be, and thus started a worldwide coalition of #AMCAPES who began buying up as many shares as possible - which shrunk the supply of stock available to be shorted. 3/
Read 12 tweets
It only cost me $7/share to become an $AMC stockholder. How is that a bad thing?
@AMCTheatres have bars in them, that serve Margaritas!
After this pandemic is over and you take your kid to see a movie you'll really appreciate that. Image
Just wanted to pass on that I was able to book a whole theater as a Birthday Present and it went perfectly....and made me look really good.
Thanks @AMCTheatres @AMCHelps
I'm gonna have to hold on to my $AMC stock and earn those #AMC Stubs now. Image
All eight of the New Vision Theatres will be re-branded as part of the AMC family of theatres. The first change you will notice are the new, branded signs on the interior of the building. #AMC @AMCTheatres
amctheatres.com/new-vision-faq Image
Read 65 tweets

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