@1111_1_1_goob@MrDodgeDFS You’re probably the most reasonable person I’ve spoken to about AMC honestly. Most just call you a short or assume you’re short if you disagree, it’s always so hostile and must discourage a lot of people. I will look in more detail at your page when I get chance, thanks for chat
@1111_1_1_goob@MrDodgeDFS Haha I mean bro I hope you’re right, i don’t want to see any business fails and I haven’t been too informed on AMC, but based on what I know about GME it just seems a safer investment, maybe even not for a squeeze but has high potential for growth, if they invest the money right
@1111_1_1_goob@MrDodgeDFS Of course, I’m open to a discussion and even to change my mind, I’m not short anything I just can’t follow the logic. To me it just doesn’t make sense.
@1111_1_1_goob@MrDodgeDFS Yeah fair point, I just don’t see what more they can do to turn the business around when the likes of Netflix don’t do theatre releases for so many movies. Anybody short the stock pre 2021 sneeze could have already closed for huge profits. I don’t see a squeeze possibility?
@1111_1_1_goob@MrDodgeDFS When comparing the two businesses though, you have one that is struggling and barely if at all profitable. And one sat on billions waiting for the right opportunity whilst now being profitable, I know what I’m more excited for, amc doesn’t make sense to me for RK
@1111_1_1_goob@MrDodgeDFS Well it’s makes sense to dilute and take advantage of an inflated share price to bolster your business and ensure you save yourself from insolvency, there was never any guarantee of it going up high And they have done the above to recover from that financial situation pre Cohen.
@1111_1_1_goob@MrDodgeDFS They could only sell so many shares until they had a vote to increase this in that years AGM. They sold about 10-20 million, foggy on the exact amount but sold enough to cover debts and start affording transitioning the business. GME is cash rich AMC is in debt, makes no sense
@jackjef62608720 @RadixMaximalist @JamesMelville It’s easier to manipulate the majority of the population by making them choose between left and right. The further both sides go, the more outraged both sides become at the other. The majority of politicians are only in it to better themselves, few are now for the people. Its sad
One practice I highly recommend as an investor is deliberately and consistently spending some (not all) of your time working on contrarian ideas. Absent that, then by definition, you are spending all of your time working on conventional ideas which is not a recipe for success.
If you’re spending all of your time pursuing conventional ideas, looking at the same sectors, same geographies, same business models, same companies, running the same analysis, doing the same diligence, focusing on the same metrics, exactly the same as every other investor - why would you expect a differentiated result? You’ve commoditized yourself.
How do you know you’re working on a contrarian idea? When the idea has business merit in your mind but other seasoned investors say that it is “crazy”, “a waste of time”, “nuts”, etc. It’s not the presence of social validation that you’re looking for, it’s the absence of social validation that becomes the positive indicator that you may be into something.
@SauceyCos@mossydg@Danielandperiod @AndyMiklucky @BearPigCentral I’m from the UK and when I was 8 I had my first sex Ed class, this was mainly around puberty though and how your bodies develop. I think it’s important to have this kind of teaching around this age as kids are generally curious. Which does entail minor discussion around sex.
@JjSlim89 @ande_erik@LightninWarrior It’s had like 1 red day in the last week or two. It’s been climbing since there was a push to sell fractional and book shares. I didn’t see any news from the company either