Packers Huddle

Yup, data is in our favor. Paper hands have very likely already sold when it went from $70 to $40, or $62 to $41. The shorts (naked and otherwise) need to cover at some point (they are paying 18% interest). They can't cover if there are no real shares to buy. Almost 4 million crayon eating apes with diamond hands control 80% of the float. This ride will end poorly for the hedgies. A hedgie in London just went under a day or two ago because of GME losses.

Actually I believe it was 4.1 million individual holders. Which is absolutely fricken insane.

I get dismissing this on the surface, but seeing the size, intelligence, conviction of this community gives you confidence we are all gunna make this happen.

Dig in and join the community, fight the power. Apes together strong

Book value of CCL is around $16.50. Share dilution likely coming in 2022 and 2023.

I'd buy at 16 or 17. I doubt it ever gets there. Currently trading around $27.80.

BF004 wrote: ↑

23 Jun 2021 20:55

Actually I believe it was 4.1 million individual holders. Which is absolutely fricken insane.

I get dismissing this on the surface, but seeing the size, intelligence, conviction of this community gives you confidence we are all gunna make this happen.

Dig in and join the community, fight the power. Apes together strong

It's the US. The Lilliputians don't arm themselves with poison arrows. Though I favor the sentiment. The big firms were part of the buying too. And in many cases the big money was long and short and optioned.

https://www.cnbc.com/2021/02/05/gamesto ... shows.html

On about a 3 week wedge right now (bull pennant) that is looking ripe to break tomorrow. Tendency would dictate a break up, but nothing ever guaranteed, either way, looks ready to break its current wedge.

Currently 7 million shares worth of calls itm for tomorrow, increases up to about 12 million at 60 and 16 million at 65, get a nice break over that 60-62 range, could maybe see a little bit of a gamma squeeze push us to 70+.

Of course if we break downward, market makers likely to unhedge a little and could definitely see a fair drop tomorrow.





Perhaps here is some nice bullish news that might spark some more/stronger long positions.





TLDR; if you were considering tossing in some play money, tomorrow morning might be a great opportunity. Bought a 68 call for 7/9 today. Thinking that will either double in value or drop 50% tomorrow.

BF004 wrote: ↑

22 Jun 2021 10:30

Price open $44.68 on 6/11




Price open $54.06 on 6/22

Whhhooooooooo doggy
Hopefully open today around 56 ish

Only Utilization not up, only because there are more loanable shares right now.




In case you need clarification, yes, they borrowed about 19 million more shares in the last two weeks.

Just buy and hold, price potential only increasing everyday here.

Fridays are often bad. Opened just under $55 and has lost a dollar so far from open. Maybe afternoon will pick up. Kind of "meh" trading day.

AMC below $54 now. But good day for Virgin Galactic! Up $15!

Dropped a little, still relatively stayed in its wedge, my drawing surely not perfect, some bigger movement up or down early next week still wouldn't surprise me.

Still in there, she's finna breakout. Good clean break over ~58, might get to test that 63-65 wall again.


Underlying numbers still getting better just about every day!

Just be cool $amc.

Break over that 63/65 area, which would be like the 5th test, things could get nutty.

They just keep shorting more and more and the price is just going up and up.

I still have my core position and have been picking up 1 share per day as things consolidate. As you say, BF004- this chart is ripe for a breakout. Whether it will be up or down is the big question.

Captain_Ben wrote: ↑

29 Jun 2021 14:45

I still have my core position and have been picking up 1 share per day as things consolidate. As you say, BF004- this chart is ripe for a breakout. Whether it will be up or down is the big question.

Wish it would have broke sooner, my 68 and 80 calls for this week already got theta destroyed. Sold them off yesterday and got a 75 for next week with some of it. Want to play it out later, but they are so damned expensive a few weeks/months out.

BF004 wrote: ↑

29 Jun 2021 15:09

Captain_Ben wrote: ↑

29 Jun 2021 14:45

I still have my core position and have been picking up 1 share per day as things consolidate. As you say, BF004- this chart is ripe for a breakout. Whether it will be up or down is the big question.

Wish it would have broke sooner, my 68 and 80 calls for this week already got theta destroyed. Sold them off yesterday and got a 75 for next week with some of it. Want to play it out later, but they are so damned expensive a few weeks/months out.

I hear you. My calls have not fared well with all this consolidating.

Not totally surprising being the Friday before a holiday, but dang, 10% down today.

First article I have seen warning shorts are playing with fire, vs apes playing with fire.

https://www.thestreet.com/memestocks/am ... -with-fire

wallyuwl wrote: ↑

04 Jul 2021 10:27

First article I have seen warning shorts are playing with fire, vs apes playing with fire.

https://www.thestreet.com/memestocks/am ... -with-fire

No idea what to believe any more. I try to ignore everything other there are 100 million shares that will eventually need to be bought back (excluding potential counterfeit shares and FTD’s) and dumb apes are buying more and more and not selling.

$45. Really?

Open looks brutal