Follower of Jesus, husband, dad, son, REALISTIC investor, Gen-Xer. I DON'T SHORT STOCKS! Reposts are not always authenticated. I’m aware that I'm bald.
I wasn’t expecting this. 😳
The #AMCARMY will cry manipulation. I think it might be companies that exchanged debt for shares. Those companies experienced some nice appreciation in a short amount of time and may be ready to get out. I have no proof, just a hunch.
It’s all about supply and demand. Oh, and it didn’t help that markets cratered the day after $AMC announced their results.
You guys remember this priceless gem?...lol. The day before this was posted, $AMC closed at $4.01. He sounds like a delusional laughing hyena, which is typical of the #AMCARMY.
Imagine Morgan Freeman's voice after...
"But the hedgies were not in fact fucked..."