GoodguyBill I totally agree the take down in price on almost no volume is total desperation to keep the price down to avoid margin calls again. This was a day of helping the little hedge funds so the dominos don’t start falling. This is total desperation. It’s ok it can’t go on forever and they know it.
I've flipped 5000 shares 7 times with an average of $9.22 profit per share, per flip. This is absolutely the best stock to trade, but holding it would have produced zero.
I typically receive most of my income from dividend stocks but this is too easy to ignore. The chart and volume is the alert you need to buy and sell AMC. No excuse not to take advantage of this and I believe most HFs are playing it the same way.