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I show 87k shares available on fidelity
Yeah except in the idiot buying the rumor at the top of the tape
I meant restricted not researched
If I understand correctly a bunch of stock came out of I researched into free trading. All I’m saying is there a correlation between notes, unrestricted shares being available and the rumor mill. Are rumors put out there to facilitate offing of shares. It just seems like that here’s a pattern to the rumors that never materialize. The stock runs up, someone is offloading, it pulls back, then groundhogs day again
Also, does the rumor mill correlate to a note holder ready to unload shares? I hope that’s just my paranoia.
Also looks like it’s ready to spring up again. They are trying to hold it here but looks like they won’t be able to
Looks like some large short needs to vacate his position
Back in for a trade go AMC
And who is going to be buying 500m shares at 8? 1 million shares of pure selling will drive this down over a buck. Don’t be fooled by the volume on this stock. Those are Algos that churn back and forth waiting for buyers and sellers. 95 percent of the activity isn’t real.
No he just wants to keep his company afloat. That requires capital. He’s thinking long term and this squeeze is not something he is considering as a long term solution for him because like I said unless a whole new crew with fresh powder comes in this isn’t going above 10 - 10.50 and more likely it’s going to go down from lack of enthusiasm
Hey I hope I’m wrong for the longs sake. I still look for quick long trades on this but they are not as apparent to me anymore. There is a powerful wall at 10.20 and the enthusiasm isn’t in place to break that. Will require a lot of fresh powder and faced with that dilution I don’t see that enthusiasm coming back unless a bunch of redditors decide this is the new darling
This is going to settle at around 7 bucks over next week or two. You can’t fight this dilution that’s coming. I was trading in and out made a bunch of money but I think if people hold much longer they are going to get hurt. I’m not suggesting to short but the mechanics for the squeeze aren’t in place anymore
I was long made my money on the squeeze but I think the show is over. This CEO doesn’t give a crap. He just wants to fund the company and really what happens to shareholders is irrelevant
Do you have specific information that leads you to believe that or are you speculating based on the rumor mill getting old? Please share if you have so people don’t get hurt.
Needs to be a 3 dollar stock for nasdaq
From what I hear people saying sounds like there are a lot of people here that have million plus share holdings. What about the idea of voting to have someone represent a group of you large holders to have a seat on the board. Rustle up 30 million shares of holding power maybe not even that much should get you a seat.
Can someone explain the note you are talking about?
Now is the time to go in. They’re stretched. It’s going to close higher.
I show 0 shares available on fidelity
Thanks for the info but my question really is when we have these days of 2 million share buying or even 1 million that means someone is offing the same amount more or less. And the blocks being put on the offer pop up outside of L2 like it’s a single seller. Why is someone selling all these shares at .40s if this thing goes to into the dollars?. Means that a large holder or holders is just as convinced that .40 is highest it will go as you all are it goes higher. The amount of buying lately should have launched this thing into the .70s and it can’t really stay above .40 unless there was a large supply coming out of the market.
I’m a large holder just started posting on the boards. Bought in in the .30s. Just making an observation. There’s a couple of people who look like they are knowledgeable about the company but every prediction so far is way off and people are buying on the hype. The way this is trading where you get these big waves of buying is very fragile. Someone is selling into these buying waves. You would assume these holders putting up these large offers must have some knowledge of the company and if so why would they keep selling if news is right around the corner? That’s what worries me. Are the people hyping it the ones offering out the stock?
So if Mirage not mentioned I’m not interested. The rumor
Mill is getting old
It’s going to go higher
They work together when they need to or they have multiple accounts in multiple legal entities and trade against themselves
They are churning the shares at 14 they buy just below 14 an resell at 14. It’s designed to make it look like there’s resistance so you sell into it
Went from 0 shares available to short to 150k available to short in 2 minutes makes no sense where they coming from?