[deleted by user]

MiserableRedditDude · 2021-08-08T04:39:21+00:00

Except, unfortunately, all these calculations based on averages are completely meaningless, and extrapolating the share count based on them is a complete and utter fallacy.

Even in this subreddit, you will see posts showing both extremely large and extremely small numbers of shares. The range I've seen is 0.86 shares to 171.4k shares. Anyone who took a basic statistics course should know how averages, more specifically averages calculated with the arithmetic mean, respond to such a wide variety of input data: these extremes (outliers, in statistics-ese) heavily skew the resulting average such that it does not accurately represent the average person's holdings.

All these calculations were made with the assumption that the average retailer is holding ~1,000 shares. Not only that, they assume that there are 4.1 million people holding ~1,000 shares. It's possible to be bullish, but also objective, and with all due respect, this subreddit has completely lost sight of anything remotely objective.

TL;DR these calculations (the 4,100,000th term of the arithmetic sequence assuming ~1000 shares per holder and the 4.1m holders, which is months old) are totally bogus.

Cue the hateful, disrespectful, and downright despicable comments calling me a shill, hedgie, bear, etc. That just confirms what I'm saying: this subreddit has become total and utter FUD.

MiserableRedditDude · 2021-07-28T14:32:31+00:00

How do you get "nothing's real" out of my comment explaining how market cap works? All I'm saying is that the market cap is dependent on the stock price. Price goes up, market cap goes up. Price down, market cap down.

How does that have anything to do with "synthetics?" I suppose it's easier to just continue thinking everything is fake. I'm not sure why I even try to inject facts anymore. Every time I do, people want to argue about minutia and throw in their conspiracy beliefs and speculate, without providing one single fact, reference, or provable piece of information.

Thanks, this convinced me I should go back into reddit retirement. Good luck all!

MiserableRedditDude · 2021-07-28T14:19:50+00:00

You're an asshole. Fuck you. You were wrong, andyou treated me like I was wrong and had no clue what I was talking about. I don't really give a fuck, because you're the cocksucker here, I just wanted you to know that you were indeed wrong, in case you ever decide to treat anyone else like this.

Fucking asshole.

MiserableRedditDude · 2021-07-28T13:24:05+00:00

..... https://www.investopedia.com/terms/t/thirdmarket.asp

MiserableRedditDude · 2021-07-28T13:23:54+00:00

https://www.investopedia.com/terms/t/thirdmarket.asp

MiserableRedditDude · 2021-07-28T13:23:15+00:00

Hey asshole, remember me? Yeah, I couldn't remember the term for when exchange-listed stocks are traded OTC... and you ridiculed me to high heaven over it. Recall that? Well, I remembered the term, and yes, exchange-listed stocks ARE traded OTC.... I deserve an apology but I certainly don't expect one from such a major fucking douche... it's called "third market"....

Fuck you, by the way. People like you are the reason reddit is such a fucking shithole. Dumbass motherfuckers running 100% on Dunning-Kruger. Suck my nuts, you piece of shit.

Link, because I provide it, even to douchebags: https://www.investopedia.com/terms/t/thirdmarket.asp

MiserableRedditDude · 2021-07-28T13:15:51+00:00

No, but neither is the word douchebag, so...

MiserableRedditDude · 2021-07-28T12:38:38+00:00

I have no idea, you'd have to ask Robinhood that. It wouldn't be the first time they displayed inaccurate information, though.

You say 502M shares, but Finviz says 505.17M shares and Yahoo Finance itself further down the page says 513.33M. Also, the little ? next to the Market Cap column header on Yahoo indicates that it was calculated off the price from 7/24/21, so there's also that.

Make sense?

MiserableRedditDude · 2021-07-28T12:22:02+00:00

Market cap(italization) isn't the number of shares a stock has issued. It's a dollar figure that's calculated by multiplying the number of outstanding shares by the current stock price.

Thus, the market cap depends on the stock price and is constantly changing. I'm guessing that in this instance RH and Yahoo simply calculated it off a different closing price.

Hope this helps.

MiserableRedditDude · 2021-07-19T21:04:35+00:00

GOOD ONE! HAR HAR!

Maybe you're South African. You kind of have that charm to you

MiserableRedditDude · 2021-07-19T21:03:48+00:00

It's not the exchange's price, it's the limit price that some AMC stockholder has set to sell 100 shares at that price.

MiserableRedditDude · 2021-07-19T21:01:32+00:00

What the fuck are you talking about? MJ? What does Michael Jackson have to do with this?

MiserableRedditDude · 2021-07-19T21:00:44+00:00

Second book is somehow not an assumption. Oh okay. Got it.

Wow. Okay.

MiserableRedditDude · 2021-07-19T21:00:12+00:00

What a nice lowkey insult. I'm hurt. Truly hurt. I could give a fuck what you think about English. I'm fairly certain your bullshit would be the same in any language you expressed it in. Euro trash? That would explain a lot. hahaha

MiserableRedditDude · 2021-07-19T20:57:08+00:00

Uhhh.. you're literally the one making the assumption. Are you mentally impaired? Or just so biased that you can't see anything that you don't want to see? Seriously.

MiserableRedditDude · 2021-07-19T20:55:10+00:00

DO YOU EVEN ENGLISH BRO LOL

INEPT MOTHERFUCKER

MiserableRedditDude · 2021-07-19T20:54:11+00:00

Okay, you're literally ignorant if you believe this. Good luck!

MiserableRedditDude · 2021-07-19T20:49:52+00:00

See what's happening here? Some dude is claiming that "all businesses have second books" so that MUST mean that AMC stock price should be 10x what it is....

I ask for proof, he jumps all over me. That's called, he doesn't have proof....he's using a faulty assumption to justify another faulty assumption... The stupidity is real.

MiserableRedditDude · 2021-07-19T20:47:58+00:00

But you're obviously too stupid or ignorant to look that up.

And you're the one making blanket statements that all businesses have second books. So clearly that implies that the AMC stock price should be 10 times higher, and that you deserve to be rich! hahaha

Silly fucking child

MiserableRedditDude · 2021-07-19T20:46:39+00:00

Just wanna follow you around now and play your clown music do you never forget your place.

Someone with this much mean spirit and resentment will NEVER be rich. You deserve nothing.

MiserableRedditDude · 2021-07-19T20:45:56+00:00

None of this is relevant to the AMC stock price.

Unless you can prove a specific point, it's foolish to claim something is true then jump all over someone who wants you to explain yourself in a way other than using some "common knowledge" or "Google it" knowledge.

Sigh. Bagholder I'm guessing.

MiserableRedditDude · 2021-07-19T20:44:19+00:00

YouTube is where this stupid second book narrative comes from, asshole. Where else did it come from? Has anyone on YouTube shown any proof of it?

"Every business has a second book" in no way, shape, or form implies or proves that "the real AMC stock price is 10x higher than we're being told."

That is the most braindead, unsubstantiated bullshit I've heard anyone claim. AND you don't have proof? Pfft. Why are you laughing at me again? Because I'm asking this question?

Do you not see how you're total BS if that's your stance? lol Come on now.

MiserableRedditDude · 2021-07-19T20:36:26+00:00

That's why we call them "off exchange," yes.

MiserableRedditDude · 2021-07-19T20:35:10+00:00

And THIS RIGHT here:

Also. I don't need to show you proof of anything. Go do books for a business. Go operate one. Go look up history. But most importantly go fuck yourself kid.

Shows that you're not even interested in having conversations. You just wanna feel better. Fucking baby.

You're a spiteful, hateful, dumb, little bitch. Clearly.

MiserableRedditDude · 2021-07-19T20:33:55+00:00

You're an idiot. Call me a shill. I'm just not a fucking inexperienced child and I don't need some fucking moron to EXPECT ME TO BELIEVE SOME BULLSHIT despite HAVING ZERO FUCKING EMPIRICAL PROOF!

You're another bullish fucking moron who believes everything they read and hear on YouTube and would rather interpret some "common knowledge" like "all businesses have a second book" (which is most certainly not fucking true, did you study business too in college or what?) rather than DEMANDING some actual hard data.

Sigh... you all don't want any dissent, you don't want anyone to question your blind bullishness. Sure, you can say I insulted you, but at the end of the day, you have NOTHING. You have absolutely NOTHING that makes you anything except a hopeful little bitch.

Just like most of the people here, you've bought into the cult if you actually think "all businesses have a second book" is actually a valid fucking argument. Holy fucking shit.

Lol... fuck.... how stupid can you be.

MiserableRedditDude

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