$AMC Entertainment (AMC.US)$ $GameStop (GME.US)$
"The last time a bunch of hedge funds shorted GameStop, the bulls basically drove them out of business. You'd think that'd be a cautionary tail, right? Don't try to short something with such a rabid fan base. Keep your stock. Stay out of the ring. Yet these money managers keep selling their stock like there's nothing going on here. ... Are you out of your minds? Listen to me sunshine, this things going higher. ... I've never seen anything like this! A group of buyers with no sensitivity to price! They'd rather pay $280 than $240! Now these people don't have unlimited fire power, but they have enough fire power to engineer a short squeeze any time a bunch of professionals decide to bet against this thing. It's not that the bulls know some secret about Ryan Cohens turn around plan they're just committed to buying this thing and they steamroll the shorts whom they hate and they lap up the long stock ... Anyone that tries to fight this move is out of their minds. Just let it go up already!"
-Jim Cramer
https://www.cnbc.com/video/2021/05/26/jim-cramer-short-sellers-need-to-stop-betting-against-gamestop-amc.html...
"The last time a bunch of hedge funds shorted GameStop, the bulls basically drove them out of business. You'd think that'd be a cautionary tail, right? Don't try to short something with such a rabid fan base. Keep your stock. Stay out of the ring. Yet these money managers keep selling their stock like there's nothing going on here. ... Are you out of your minds? Listen to me sunshine, this things going higher. ... I've never seen anything like this! A group of buyers with no sensitivity to price! They'd rather pay $280 than $240! Now these people don't have unlimited fire power, but they have enough fire power to engineer a short squeeze any time a bunch of professionals decide to bet against this thing. It's not that the bulls know some secret about Ryan Cohens turn around plan they're just committed to buying this thing and they steamroll the shorts whom they hate and they lap up the long stock ... Anyone that tries to fight this move is out of their minds. Just let it go up already!"
-Jim Cramer
https://www.cnbc.com/video/2021/05/26/jim-cramer-short-sellers-need-to-stop-betting-against-gamestop-amc.html...
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$AMC Entertainment (AMC.US)$ is setting a limit a must? what can happen if I don't? when I go to set a limit do I use Limit if Touched? Do I set the trigger price and the price or just one of them? I read moomoos tutorial but still unclear on the details and I dont want to fuck this up.
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$AMC Entertainment (AMC.US)$
when I limit to touch should I set trigger price and price at 1000 or just the price? Thanks guys
when I limit to touch should I set trigger price and price at 1000 or just the price? Thanks guys
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MT Trader OP GetMeABeerDude : hedgies aren't losing billions a week on clov
MT Trader OP GetMeABeerDude : as far as I've seen the biggest single day short loss on CLOV was 500 mill... the biggest day loss on amc was 2.8 bil. and they've been shorting it since January.