Griffster
commented on a stock · Aug 5, 2021 04:01
$AMC Entertainment (AMC.US)$ Im holding strong, but when do ...
$AMC Entertainment (AMC.US)$ Im holding strong, but when do the HF Zhave to cover the shorts? Ive been here since it was $8/share, so Im so Im all in till the squeeze. I crossed xxxx last week, cant invest anymore but will HODL for as long as I have to. All kf my DD says we all eventually win. Any ideas out there as to when this is going to happen for js all? Got bills to pay capeshe'?
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Caleb Utt
:
The answer isn't one people like. Truth of the matter is, they can kick the can for a long time. The only thing that's currently keeping them going is their willingness to pay interest and high borrow fees to continue to short. As long as they have the finances to do that, they'll keep kicking it because it became more of an ego issue for them. It's not about cutting losses. They won't cut until they literally have to. And the realism is shorts can kick the can for a long time. Could this go in to next year? Absolutely. Do I think it will? Not particularly but I'm also a realist when it comes to knowing what I'm facing
Caleb Utt : The answer isn't one people like. Truth of the matter is, they can kick the can for a long time. The only thing that's currently keeping them going is their willingness to pay interest and high borrow fees to continue to short. As long as they have the finances to do that, they'll keep kicking it because it became more of an ego issue for them. It's not about cutting losses. They won't cut until they literally have to. And the realism is shorts can kick the can for a long time. Could this go in to next year? Absolutely. Do I think it will? Not particularly but I'm also a realist when it comes to knowing what I'm facing
Caleb Utt : One fact remains though. Shorts haven't covered
MindOverMatter Caleb Utt : Wow good read
cubsfantrey333 Caleb Utt : I really hope it goes into next year. id like to pay a lower tax rate
ALL Stocks R a SCAM Caleb Utt : Well spoken!
Crispyy : Yup as times go by, more retail will cut off/lost interest. So guys, it's a long game ahead but i am in.