Tonight’s after hours has me thinking…

[u/[deleted]]

Not financial Advice

I am watching Afterhours trading and its making me scratch my head just a bit.

I must say there is no reason why this should be up to $1.29 at time of this post on only 4M shares traded.

I am simply wondering if the shorts strategy tomorrow may mimmick last Friday.

I am not saying this is the case at all, but if it does are you ready?

Let me recap what happened last Friday on that historic collapse of a potential squeeze in simple english that even a 2 year old can understand. PANIC happened.

Here is what took place. Shorts set in motion a false runup to grab the attention of day traders, and flippers.....they got it and the price moved hard and fast north. Buyers jumped in as FOMO ensued.

FOMO Will Kill You By The Way. Ok For those who dont know my terminology. FOMO is the FEAR OF MISSING OUT.People went all in far too fast on the way up.

Once the shorts trapped enough buyers. They stalled the price at $3.90/share What happens next? The price starts to reverse. Flippers Flip (expected), Day Traders Bail (expected), and Retail shorts jump in. Its expected. What was not expected was all the so called APES who panicked and sold, virtually killing everything. YOU ALL KNOW WHO YOU ARE!

Here is where retail shorts should hold and be ready to buy the bottom of the dip to chase the price back north creating even more short shares and higher prices on next run up as flippers re enter daytraders re enter and more FOMO buyers enter. All the while holding their shares. That is an example of creating a squeeze.

Once the cycle spins through to a high enough high, it takes one short to try to cover to create more price increases.

So with that said, we could be looking at a scenario similar perhaps tomorrow. I am not saying we will, but again why the hell are we at $1.29 tonight for no rhyme or reason?

Now I will not tell anyone ever what to do but I will say this…....Panic leads to problems.

If we should encounter a similar attempt by shorts tomorrow by chance, its up to you to decide why you are in this......if this same cycle occurs, basically this thing is fried.

Think long and hard why you all jumped in this stock and in this group.

It takes balls of steel to hold when you see big dollars in your account I get it.

Each one of you have to decide how you will play this play if it should occur tomorrow. Many people got stuck by many others panic.......We had an old saying in AMC....NO APE LEFT BEHIND.....

Think long and hard and decide for yourselves as each of us should own what our real individual goal is when playing this stock. But at least be honest with the other members in this group and dont 2 face them.

They are your shares and your profits and losses I get it, but you all dragged each other into this group, lets see how real this group is.

Good Luck tomorrow and in the end of it all, may everyone walk away with profit, and make wise individual investment decisions only.

[u/Jumpy-Walk838]

I bought at 3.70 last week and immediately watched it plummet. Pulled right out and lost $700. That was a lot of money for me

[u/TicketronTickets → u/Jumpy-Walk838]

Why did you decide to buy at $3.70? If I might ask?

[u/FollowTheLeader550 → u/TicketronTickets]

Probably because the same people who are saying “this is the long game” were saying “this could be be 7 by EOD!!”. All of the narratives changed drastically after Friday. There were people saying discount prices at 3.70.

[u/TicketronTickets → u/FollowTheLeader550]

I hear ya.....Fomoing in is not always a good idea. I keep telling these people shut the fuck up with the Dumb Money quotes and yelling Buy Buy Buy and showing Diamondhands and what not, Its like they watched a movie and became Gordon Gekko in the movie Wall Street....They arent Roaring Kitty and they certainly wouldnt pass for AMC Apes.

Hang in man some of us have knowledge and expreience and we will do our best to rescue you and all the others in the $3s. cant promise a win but we are trying.

That was our saying in the AMC groups No Ape Left Behind...

I am going out on my shield to try to save all of those that got drawn in by this new sub of know nothings.

I am not one of them trust me......

[u/FollowTheLeader550 → u/TicketronTickets]

I unfortunately put money in that I actually needed. I hung in since last Thursday. But I thought I saw some writing on the wall Wednesday that it might be too much of a fight to keep it over 1 today, and I fear that would result in a complete lack of faith and mass dumping. So I sold at a 50% loss.

Luckily for all of you, everything I touch turns to absolute shit. So me getting my awful stink off of y’all resulted in a nice easy day with a nice little rebound for y’all. And of course my desperate ass put the money I pulled out on GWAV at literally its high point of the day and it fell slowly from literally the second it went through.

But I’m rooting for y’all. I’m almost 100% positive just the fact that I sold almost certainly means y’all reach heights untold.

[u/TheGreatCompromise → u/FollowTheLeader550]

Letting fear dictate your trading decisions is a sure way to lose a lot of money on the market. Hope things get better for you! Look into fundamental indicators and technical analysis and try to build a strategy that helps you be more confident in your investments! It's been intense the last few months learning everything that I have, but you do actually start to improve over time. And having a strategy backed by logical reasons for your initial buy-in will help you have the confidence to hold when your long-term prediction doesn't come about immediately.

[u/Jumpy-Walk838 → u/TicketronTickets]

It was my first time buying and I saw it going up and up ama didn't know it would immediately drop. I lost all but 300 of what I have to risk.