AMC stock is down nearly 50% in just 2 weeks. This is a perfect example on why you should never bag hold a hype stock like amc! AMC is down over 10% today alone and over 40% in the past week. What is causing this hype stock to crash? Adam Aron, chief executive officer of AMC Entertainment Holdings Inc., sold another $9.65 million in shares of the meme-driven theater stock, following sales that he had said were prudent for estate planning.
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1.β Live Trading: https://youtu.be/eg5qo7hF6E4
2. π $100 OFF LPP 2.0 (5 SPOTS): https://bit.ly/LPP100OFFF
3. π #1 Trading Mousepad: https://shoptechbuds.com/
β FOLLOW ME ON INSTAGRAM!
πΈ Ricky's Insta: https://www.instagram.com/rickygutierrezz/
For those who are interested in Trading & Investing, I encourage you to join Our Free Trading Group of over 315,000!
Thank you for the support, the best way to reach out to me is through our private discord chat, please DM me.
The Stock Market falling/ crashing can be a scary thing when you are not informed on how to make money during a stock market crash! The corona virus isn't getting any better and opportunity is among us, let's take time to inform ourselves and make the most of this opportunity!
If you have any suggestions for future videos such as Day Trading, Investing, Stock Market, Real Estate, Car Sales, Robinhood, TD Ameritrade, Crypto & bitcoin, Entrepreneurship, Forex, Online Marketing, Online Sales or fun daily vlogs. Please let me know.
DISCLAIMER: Please note that i do not ask for any information. I always encourage our members to trade ONLY what you understand and never based on anyone's opinion. My videos are for entertainment purposes only.any questions to message me as i would love to be a part of your success.
So i want to talk about the difference of day trading and swing trading. Right, i feel like this has to be said, because now amc is down another 12 um. You know i've. I've made numerous videos uh.
I focus on trading. I focus on patterns. I don't care what the stock is. I focus on what i believe is to be important and that's what the charts are telling me.
I don't care about what someone else thinks i don't care about. My hopes and my desires, it's not about that right and i think today is a perfect example of you know. No one or very few people and you could have seen in the comments section. You know you can look back two or three weeks ago right when i made a video that i'm locking in profits uh amc at 43 or 44 dollars any time that i talked about locking in profits.
People are like that's so greedy of you. I can't believe you're doing that everyone buy everyone hold right, and it's like i like to be open about what it is that i'm buying i like to be open about what it is that i'm selling. I don't want to pretend and say that i am holding something or what do people call it hotline or diamond hands or whatever the case might be uh and then on the back end. I just sell to you know for my own good.
I like to be very straight up with you guys on why i buy at support levels, why i sell at resistance levels and why it doesn't make sense to hope something to happen when it's never played out that way, right and then now from when i've made A video of me selling amc is down nearly 50 percent right. Amc is at one of the lowest price points it's ever been since this whole uh reddit thing began to happen it's down 12 today, and one of the things that i wanted to share with you is, like you know, as amc has been bleeding, it's been pretty Exciting for me, you know, and the reason it's been so exciting is because it gives me an opportunity to be able to buy the dip when it makes sense. Not when i want to or not because i think that amc's gon na go to a thousand or a hundred thousand dollars a share, but it's being realistic understanding that, at the end of the day, amc is simply just like any other stock. A stock.
That's publicly traded in the stock market. It doesn't matter what you hope happens. It is in the public market and when it comes down to wanting to day trade - something it doesn't make sense today, trade, something when it's bearish, when it's making lower highs and lower lows. But like what we're seeing right now - and it doesn't mean that it has to play out this way, but i'm about to potentially add more to my amc position if it begins to actually make higher highs.
Above this ema line, you can see that amc is trying to establish its support level. If it has a nice little run, then guess what i will buy and then at the resistance level i will sell, i will lock in profits. This is nine percent that i have to work with. I will lock in profit.
I will walk away. Does that mean that i need to hold amc? Does that mean that everyone should hold amc? It's like? No. Everyone has their own intention like like. Why can't we ever encourage or be happy for other people to do their own thing, especially in such a risky market, especially in such with such a risky stock right uh, everyone just was so against me, holding or me selling amc at 42, 43 and 44.. They said - oh, my god, you're gon na miss out on it. Trust me don't worry about missing out on something if i miss out on something because i lock in profits i'll be okay with it right, but you know what i what i am happy. I didn't miss out on writing and bag holding amc from 44 dollars all the way down to 24, because now i can buy emc at a 50 discount, meaning that i can make 50 potentially roi if it recovers. I can probably actually make a little bit more based off of how it works so from where we're at right now, if amc recovers to the same resistance level at 44, a share, that's about 84 and that's 84 potential roi that i could potentially make, because i Don't listen to other people that have no experience trading; all they want to do is bag hold.
All they want to do is to encourage others to hold with them. What what kind of strategy is that i've never heard of that before? I've never heard of that? To work for anyone right, this is not an investment stock, and this is where we get into the swing trading or investing people like to compare amc to like amazon or tesla or facebook when it was very cheap and everyone was, you know, uh against them. What do you mean like amc, is a theater, a physical location. It is not a tech company, don't compare any ceo of um, you know what what's his name, aaron rodgers or i don't even know this.
The amc, ceo, whatever his name, is he's liquidating his shares because he knows amc is overvalued and it's nothing like a tech stock right. It's nothing about uh, future valuation. If anything, amc is a dying company, it jumped on a hype and it was selected randomly through a series of reddit traders. It brought a lot of eyes.
It brought a lot of demand within a very short period of time, and it is a glorified pump and dump. It makes sense to trade amc when the direction's in your favor, but when it's selling off, you really think that i'm going to try to encourage beginner traders to hold amc when it's making lower lows lower highs and it moves from forty four dollars down to twenty. Three dollars that makes absolutely no sense, there's no ground there and, i think, that's, i think, one of the saddest things it's that people get so caught up in the hope and then the desire of wanting to potentially make money because they're like oh, like this, is This is a movement. This is something like where this is going to be like.
I want to wake up one day and have a million dollars in my bank account like. Okay, so does everyone else. The hope and the desire of wanting to be rich is not special. That's not special, like what about that. There's like there's nothing special about that everyone wants to be rich. What we're here to reiterate is make sure that your actions today are something that align with your future self. You know what trading is supposed to consist of. You know that it only makes sense to take advantage of an opportunity where the direction's in your favor - and you know at overbought levels.
It is. It is in your best interest to lock in profits to anticipate a potential pullback. So you don't end up back. Holding and regretting not locking in profits at overbought levels - and you will see right even with this video people will comment down below the shorts - have to cover well sure, but most likely you will cover and cut your losses before.
Let's say the shorts do so. I think that's, i think the the funniest part about this is that people are so naive to think that something has to happen. That has never happened before. At the end of the day, i like to keep things simple, i like to trade when the directions in my favor - and i always like to lock in profits as that is, has always been the focus of my channel and the focus of learn plan profit.
It's to identify an opportunity to not get greedy to set a target sell price and regardless of how much more, it could potentially go up that you're, okay, with walking away locking in some profits while the rest bag hold and ride the stock back down. That's the difference. It's understanding what to do when other people are hoping what happens and yeah i mean i'm just going to leave it at that. Today's is definitely a red day for most of the market.
We could see that tqqq is pulling back. I was thinking of shorting tesla right on over here uh tesla, getting rejected breaking below a thousand dollars a share. It's definitely a difficult day for most of the market, but i think that's one of the most beautiful things is that again, if you prepared for these pullbacks and you anticipated the market to pull on back, this is where you can make a lot of money. We buy the dip on the quality companies that we see value in so when they recover.
That's where we make our profit do something today that your future self is think. Uh can thank you for uh and that's exactly what we cover within our learn plan. Profit group, so again, if you guys want to be able to watch me, trade live every single day and actually learn how to trade and what it takes uh to trade successfully in the stock market. I'm gon na put the first link in the description.
I have a 100 off coupon and we can see you potentially tomorrow at market open if you're ready to join our team. Other than that. I really hope that i earned your thumbs up. Please consider subscribing and, like always, let's make sure that way in the year.
On our green note, take it to the team.
A dying company???? There are so many huge movies coming out, and Spiderman just broke opening night records. Over a million people went to AMC to see it.
Back up 20% in a single day…
What a buffoon. You silly boy, AMC will take off in 90 days or less.
Buy the dip!!!!! Up 23% today
Video aged really well already. This is exactly why you hold AMC! I'm sure you made 300k today riding the wave, congrats, but please don't tell us about it anymore
You don't know what the hell you're saying. We will hold for as long as possible and will get 5-6 digits per shares. I have many thousand AMC shares. They never covered and they HAVE to buy back all their shares.
The only word I understood in this video was βnothingβ because thatβs exactly what you know nothing my man you canβt talk if you donβt know what ur talking about thereβs reasons and explanations for all of it but your not an ape
Vanguard is holding AMC, Blackrock is Holding AMC, Teachers Retirement Fund is Holding AMCCC amongst others and have not sell, need I say more??? Besides Ricky is a day trader entitled to his opinion gotta respect that but remember when this stock blew up to 70, and shorts haven't covered yet tick tock…….
this weirdo is really in his comment section arguing about a stock be doesnt like but knows will get him views, what a clown
AMC IS UP OVER 500 PER CENT THIS YEAR. PUT THAT IN YOUR FUNDIMENTAL PIPE AND SMOKE IT. I hope not having any AMC will work out for you..
This will squeeze β¦ itβs inevitable
The guy is not wrong doing the best for himself but seeing how big this AMC community is just mind blowing Iβm buying more tmr when get paid
Yep game over! Hahaha right??? Just watch and seee AMC TO THE MOOON BABY!!!
Hey, dumbo. Itβs called building support.
π π π π π π π π π π π bye bye
This guy is a shill
AMC is a completely different play to the rest of the market due to the dynamics of the stock.
Retail is holding the stock and buying the dip, weβre doing this to
1- Make shitloads of money
2- Make the market more fairer and transparent for the retail investor
3- To bring an end to the corruption and get one over on the HEDGIES
This guy is clearly against the AMC/GME movement. Wonder why π€
Why be against the movement
Has he been paid of by Hedgie?
Is he worried that the masses are going to be as rich as he is???
This guy is a shill
AMC is a completely different play to the rest of the market due to the dynamics of the stock.
Retail is holding the stock and buying the dip, weβre doing this to
1- Make shitloads of money
2- Make the market more fairer and transparent for the retail investor
3- To bring an end to the corruption and get one over on the HEDGIES
This guy is clearly against the AMC/GME movement. Wonder why π€
Why be against the movement
Has he been paid of by Hedgie?
Is he worried that the masses are going to be as rich as he is???
This guy is a shill
AMC is a completely different play to the rest of the market due to the dynamics of the stock.
Retail is holding the stock and buying the dip, weβre doing this to
1- Make shitloads of money
2- Make the market more fairer and transparent for the retail investor
3- To bring an end to the corruption and get one over on the HEDGIES
This guy is clearly against the AMC/GME movement. Wonder why π€
Why be against the movement
Has he been paid of by Hedgie?
Is he worried that the masses are going to be as rich as he is???
This guy is a shill
AMC is a completely different play to the rest of the market due to the dynamics of the stock.
Retail is holding the stock and buying the dip, weβre doing this to
1- Make shitloads of money
2- Make the market more fairer and transparent for the retail investor
3- To bring an end to the corruption and get one over on the HEDGIES
This guy is clearly against the AMC/GME movement. Wonder why π€
Why be against the movement
Has he been paid of by Hedgie?
Is he worried that the masses are going to be as rich as he is???
This guy is a shill
AMC is a completely different play to the rest of the market due to the dynamics of the stock.
Retail is holding the stock and buying the dip, weβre doing this to
1- Make shitloads of money
2- Make the market more fairer and transparent for the retail investor
3- To bring an end to the corruption and get one over on the HEDGIES
This guy is clearly against the AMC/GME movement. Wonder why π€
Why be against the movement
Has he been paid of by Hedgie?
Is he worried that the masses are going to be as rich as he is???
Unsubscribed, what a clown this guy is, go "invest" in other stocks, amc is a short squeeze play if you can't handle the volatility then stay away – ps your attitude stinks.
You should of just not posted anything on this one bud because you obviously donβt know the bigger purpose you just jumped on this play because you herd of it as well so π€«
AMC is a short squeeze play. In a short squeeze play you buy and hold until the shorts cover. I got in at $10.01 back in January and April. This is not the first short squeeze play in history either. It can happen.
Watch this guy trade amc right before the next rip, make more than heβs ever made in a single trade, and not give credit to all the holders who made it possible. Obviously this is not a day trade, we all know that.
OMG I Hope what is is gonna happen happens soon!!! Co workerβs got me caught up in AMC several months ago my bag is $44 hold 200+shares. Iβm Down 1000βs now they keep telling me donβt worry just HOLD. I hope they were right??
I swing trade amc calls and puts…not shares.. Made 1500% past week..and my 24 dollar calls for Friday looking really juicy
I respect your outlook and opinion. I do agree that you are focusing on the wrong stock for the wrong reasons just inducing unnecessary speed bumps.
Everyone knows the volatility and circumstance of this stock; stop trying to dumb it down w chart price action when your bissed to the overall process
Everybody is entitled to their opinion and everybody should play their own game, but as soon as amc drops, everyone comes out of the wood work giving it a bad name, but regardless what people say and think, amc is still up almost 760% this is not a dig at you I appreciate your honesty and your opinions but some people forgot it donβt matter how red it gets, as long as your happy holding keep doing your thing because we are still up 760% π
This guy is a paid shill 100%
This guy is a paid shill 100%
This guy is a paid shill 100%
This guy is a paid shill 100%
This is BS from a Shill. I BUY AND I HOLD .. END OF STORY … WE MOASS!
You can't say I did not warn you about this! I was just looking out for the avg beginner trader! I hope it all makes sense now!