Replies to post #53297 on AMC Entertainment Holdings Inc (AMC)

[lumpina]

Does it really matter what my broker says? or what you & I think about this issue? No. It's just confirmation of how stock trading is rigged by the money people. It's all a gamble. you can chart yourself crazy, do all the DD in the world, but when you buy a stock you are gambling (whether you are short or long). And we know who runs the show. And it sure ain't the U.S. Government.

[Melvin Capital]

I have never understood the ask or higher. Don’t the MM’s just find the best deal and fill your order and keep the margin between the ask and what the actual share is located for?

[cadillacdave]

I think your assessment is correct. If I recall correctly, the purchase price for the 9.6 million shares was about $56, which would indicate it was purchased earlier in the day, not right at the close when the price was $59+.