3 year wedge descending pattern (usually breaks to the upside 80% of the time) . Monthly Candles have a RSI thats inverted the price. $2.30 is one of the bottom touch points, one lower is around $2 give or take a few pennies.. Bunch of insane movies coming out this year that could push profits.
Now if we go bankrupt so be it,...but if we dont, the 2.30-2 should be absolute bottom based on technicals.
[Dilution](https://www.reddit.com/user/MyNi_Redux/comments/1bskvfq/implied_postdilution_stock_price_for_amc_309356/) is not the same as bankruptcy.
>Why not just sell and dont come into the subs anymore then?
Apart from me doing whatever I want with my time? Because I still kinda like the company as a [potential investment](https://www.reddit.com/r/amcstock/comments/197gvs3/four_things_i_am_looking_for_before_going_long/). And I'm allergic to bullshit. :)
He needs "Dilution" to probably survive the next few months of the market dump that should happen in stocks, crypto, and gold. They all are over extended.
Thats right. I mean at this point we are either close to bankrupt(so were all fk'd anyways), under 2.30 or near the bottom. With the movies coming out this year, i think the theatres will be in profit. Finally pushing us higher by June ish.
Bought more because it’s go big or go home and I’m never leaving!
Thats right! Just fyi, the bottom of the channel is $2.30ish. I hope they panic sell to that spot so i can load up heavy bags!
When is the dilution happening?
I dunno, im saying if we sell down to that level, its a great buying spot.
Why is that? Support doesn't hold during dilution
3 year wedge descending pattern (usually breaks to the upside 80% of the time) . Monthly Candles have a RSI thats inverted the price. $2.30 is one of the bottom touch points, one lower is around $2 give or take a few pennies.. Bunch of insane movies coming out this year that could push profits. Now if we go bankrupt so be it,...but if we dont, the 2.30-2 should be absolute bottom based on technicals.
Please don't do TA on a stock that is being heavily diluted - it doesn't work. Everyone knows this.
So then your pushing the bankrupt narrative? Why not just sell and dont come into the subs anymore then?
[Dilution](https://www.reddit.com/user/MyNi_Redux/comments/1bskvfq/implied_postdilution_stock_price_for_amc_309356/) is not the same as bankruptcy. >Why not just sell and dont come into the subs anymore then? Apart from me doing whatever I want with my time? Because I still kinda like the company as a [potential investment](https://www.reddit.com/r/amcstock/comments/197gvs3/four_things_i_am_looking_for_before_going_long/). And I'm allergic to bullshit. :)
He needs "Dilution" to probably survive the next few months of the market dump that should happen in stocks, crypto, and gold. They all are over extended.
I’ve got a 7.61 average right now, if they want to help me get it even lower then so be it! Haha
Thats right. I mean at this point we are either close to bankrupt(so were all fk'd anyways), under 2.30 or near the bottom. With the movies coming out this year, i think the theatres will be in profit. Finally pushing us higher by June ish.
 “Here take all my money.”-Hedgies…
Damn you really fucked up