No further DD or technical analysis needed. What we are looking at here is the epitome me of all things wrong with the United States financial system. Hedge funds backed by the central banks get to do whatever they want as long as the man gets paid. The retail investor unfortunately tends to be the one paying the man. Here we have an instance of the big banks stepping on a slick rock and falling only to catch themselves through corruption and malpractice. What we are witnessing is buy orders being routed through dark pools in order to suppress buying pressure while hedge funds continue to short so the absolute hell out of an otherwise bullish stock. We have continued to see nothing but good news come out of AMC while short interest and utilization rises but somehow magically the stock falls. Another thing to note is the 13+2 FTD cycle. We witnessed a 28% spike after an intense short attack that brought us down to the $39 mark in order to kill momentum and end the 13 day FTD cycle. If this had happened without the short attack we would’ve easily gone over the $60 mark and triggered margin calls across-the-board for these hedge funds that are down 400+ percent on the year. Unfortunately we have an institution like the SEC that refuses to regulate and enforce laws that are put in place to protect the retail investors that keep this market churning. The bright side is AMC is a negative beta security meaning that when the market crashes, which it will, AMC will go to the moon because there will be no liquidity left to allow the hedge funds to kick their short can down the road. Inflation is running rampant. Biden is a puppet president. This housing market is on the brink of collapse. And the big banks are once again, since 2008, getting ready to unload a massive stinking pile of shit on the entire US economy… get ready everyone within the next six months the corruption will be unveiled and everyone will see the true rotten core of our country in broad daylight. There were those before us that tried to warn us of this day that was coming but unfortunately the main stream media blinded us and let us astray and led us back to our own slaughter. Luckily for you if you still holding AMC you are one of the lucky few who will be able to benefit from this crash of all crashes that is coming to a theatre near you
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