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#8596 |
Mammoth penis
Join Date: May 2006
Location: Springfield
Casino cash: $7014386
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****ers dumped 12 million shares in the last 9 min
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Posts: 11,437
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#8597 |
Banned
Join Date: Jan 2013
Casino cash: $9998560
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Posts: 53,803
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#8598 |
Banned
Join Date: Jan 2013
Casino cash: $9998560
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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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#8599 |
Just a li'l Evel
Join Date: Sep 2005
Location: Bald. Goatee. Jorts.
Casino cash: $2399601
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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: 12,311
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#8600 |
Banned
Join Date: Jan 2013
Casino cash: $9998560
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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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#8601 |
Mammoth penis
Join Date: May 2006
Location: Springfield
Casino cash: $7014386
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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: 11,437
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#8602 |
Cheat Death
Join Date: Nov 2007
Location: Land of Drincoln
Casino cash: $-1391756
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Posts: 36,844
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#8603 |
Mammoth penis
Join Date: May 2006
Location: Springfield
Casino cash: $7014386
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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: 11,437
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#8604 | |
Politically Incorrect
Join Date: Feb 2009
Location: Scottsdale, AZ
Casino cash: $-710000
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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.
__________________
"The only difference between sex for free and sex for money is that sex for free costs you a WHOLE LOT more!" ~Redd Foxx~ ![]() "The men who drafted Patrick Mahomes" ![]() |
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Posts: 54,914
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#8605 |
Supporter
Join Date: Apr 2007
Location: Scott City KS
Casino cash: $-1365266
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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: 59,929
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#8606 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $-1358100
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Wonder if we should be selling then?
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Posts: 46,300
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#8607 |
Mammoth penis
Join Date: May 2006
Location: Springfield
Casino cash: $7014386
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Posts: 11,437
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#8608 |
Banned
Join Date: Jan 2013
Casino cash: $9998560
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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.. |
Posts: 53,803
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#8609 |
Veteran
Join Date: Oct 2002
Location: Bismarck
Casino cash: $-1321804
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Posts: 1,664
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#8610 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $-1358100
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Posts: 46,300
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