Hey gang,
Been following Jim since February now. We know that August is set to be pretty hot , and the models predictions have AMC possibly up into the 500’s range around mid august.
I know the model has no possible way to account for a short squeeze or margin calls occuring.
My worry is if AMC is skyrocketing, gets closer to that 500 level and per the model we are thinking its going to go back down but then suddenly margin calls hit outta nowhere and we shoot for the moon right after a bunch of us dump around what we assume was the top pre margin calls.
Am i being crazy or could this be a legit concern? I am sure we will be getting updates from Jim per the usual and would just assume that the model would possibly keep showing it going up and update w new data to reflect margin call potential.
I know we also have the “topping count” that may assist as well as it happens, and would assume the count would “Reset” itself if margin calls come and the price keeps rolling up.
I know Jim does think it wont go as high as “ape” numbers, but did mention in a video that political wise it “might” get just high enough to potentially dethrone a certain fund before being intervened on. I am curious what he think that number might actually be.
Thanks Gang, i have been holding it together pretty well all year but as the time gets closer finally i may be overthinking it. Even at a potential $500, Im not complaining by any means.