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03-19-2021, 02:10 PM | #8656 |
Mammoth penis
Join Date: May 2006
Location: Springfield
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****ers dumped 12 million shares in the last 9 min
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Posts: 11,432
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03-19-2021, 02:12 PM | #8657 |
Banned
Join Date: Jan 2013
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Posts: 53,803
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1 0 |
03-19-2021, 02:18 PM | #8658 |
Banned
Join Date: Jan 2013
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They had to keep it at or below 14 or 56mm shares would have to be bought next week. Now it's 52. Impressive, indeed.
Last edited by eDave; 03-19-2021 at 05:25 PM.. |
Posts: 53,803
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03-19-2021, 03:02 PM | #8659 |
Just a li'l Evel
Join Date: Sep 2005
Location: Bald. Goatee. Jorts.
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Damn I’ve never seen a daily chart like that. So, that’s gotta be some kind of red flag for manipulation, no? Wtf happened there? Tons of mass volume standing orders to sell at $14? Why?
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Posts: 11,825
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03-19-2021, 03:16 PM | #8660 |
Banned
Join Date: Jan 2013
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Can someone please explain this nonsense?!? from r/amcstock HF are using algo's to sell at $14 and buy the same amount of stock, if not more, at lower prices and are just rinse and repeating constantly. Which is why we can’t break past $14. In other words it is just straight up market manipulation. My apologies for the auto-run. I don't know how to turn that off and it's annoying. Last edited by eDave; 03-19-2021 at 06:01 PM.. |
Posts: 53,803
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03-19-2021, 03:22 PM | #8661 |
Mammoth penis
Join Date: May 2006
Location: Springfield
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The SEC just turns a blind eye to it. There will never be a level playing field until Congress steps in. So there will never be a level playing field.
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Posts: 11,432
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03-19-2021, 04:19 PM | #8662 |
Cheat Death
Join Date: Nov 2007
Location: Land of Drincoln
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Posts: 34,283
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03-19-2021, 05:18 PM | #8663 |
Mammoth penis
Join Date: May 2006
Location: Springfield
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A lot of people, likely in the hundreds so far have submitted complaints to the SEC about the obvious AMC stock manipulation today. I'm sure in the end they will side with the billionaire hedge funds but this should at least force them to look into it.
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Posts: 11,432
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03-19-2021, 05:20 PM | #8664 | |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
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Quote:
They offer 50 million shares at $14 and offer to buy at $13.97, they can control price for a short term. |
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Posts: 51,072
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03-19-2021, 05:26 PM | #8665 |
Supporter
Join Date: Apr 2007
Location: Scott City KS
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One thing I know for sure. If congress steps in it won’t be to help Robinhood investors. Somehow the narrative remains that Reddit is wrecking the market. As absurd as that narrative is.
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Posts: 57,040
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03-19-2021, 05:39 PM | #8666 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
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Wonder if we should be selling then?
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Posts: 45,762
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03-19-2021, 05:43 PM | #8667 |
Mammoth penis
Join Date: May 2006
Location: Springfield
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Posts: 11,432
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03-19-2021, 05:44 PM | #8668 |
Banned
Join Date: Jan 2013
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This is mirroring GME, which eventually popped up but nowhere near predicted levels. They are stalling and minimizing the ultimate damage. But Reddit guys are now touting a $10K bottom now so I don't ****ing know. I do know we'd all appreciate it so much of you didn't sell. Thanks.
Last edited by eDave; 03-19-2021 at 05:50 PM.. |
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03-19-2021, 05:46 PM | #8669 |
Veteran
Join Date: Oct 2002
Location: Bismarck
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Posts: 1,249
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03-19-2021, 05:50 PM | #8670 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
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