fundamentals and technicals don't matter anymore.
$AMC Entertainment(AMC.US$ this is a life or death tug of war, like in squid game. longs vs shorts. shorts are cheating by adding more ppl at the end of the rope that is hidden in the dark (synthetic shares and dark pool), but the longs are still holding on.
one day, those short assholes are going to trip up, either by a whale joining us or more ppl piling on the long side, or them shorts run out of trick, and we will drag all those shorts to their deaths.
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deluxe bean : APES ARE STRONG TOGETHER, WE GOT THIS !!! #BRINGITON
Betterthangold : AMC matches the IWM perfectly and about 75% of everything else in my watchlist. ???
HODL TIL THEY FOLDOP Betterthangold: that's cos IWM is the ETF with largest holding of AMC. and AMC is generally negative beta which is supposed to move opposite of the market. currently it's so damn manipulated that it moves down regardless of the market going up or down.
all I can say is, even tho price is dropping, it's largely manipulation (shorts, spoofing, front running, synthetics, dark pool routing) but there's still crazy alot of ppl holding. we just need a big wave now to trigger FOMO and it'll be a washout. hoping the big wave comes on 21 Jan.
Expendabiggles : Apes have won. Only time remains. We either squeeze and make bank or continually buy & hold ever increasing our positions until one day every Ape makes bank from small run ups because they hold so many damn shares! Its over, hedges lost. They pay now to hold it, pay later to fold it. Makes no difference.