$AMC Entertainment (AMC.US)$ more buys than sells.yet the ...
more buys than sells.yet the price dropped. yea thats not possible unless its a short attack by a hedge fund
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Landsknecht : WTF how is this possible? Daning it! I am holding any ways.
Mcsnacks H Tupack OP Landsknecht : They are naked shorting it. Trying to save their options tomorrow. Hedge funds are some bitches
Mcsnacks H Tupack OP : The only day that sells beat buys was Monday. But if buys beat sells tomorrow then it will really hurt them. To keep the price down they have to keep putting in millions of dollars everyday. Until we sell or they run out of money
70564005 : So does your sentiment not change about selling tomorrow morning since it didn’t close above 14 today?
Mcsnacks H Tupack OP 70564005 : I’m not selling. The price will go up when they have to sell their short positions back
Mcsnacks H Tupack OP 70564005 : It’s a trick they are doing. They drive it down to buy the shares people are selling then they sell those shares when it goes back up.
Mcsnacks H Tupack OP Landsknecht : It’s them controlling price. Options are like bets. You’re not buying or selling you are betting that it goes up or down: The only problem with that is those bets affect the price. So your bet controls the price(if you’re rich enough) so when you bet millions of dollars the price goes down. When that happens you then buy those market shares. Friday when your bet pays off because you drove it down. You then bet for the next Friday that the price will go up. And it does because you bet with such a high amount, then you sell those cheap shares you bought because the price is going up from you betting it would. You see?