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What hapen?

$AMC Entertainment (AMC.US)$anyone can advise why a sudden drop? -10%??? i thought suppose to Rocket up?
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  • Tanya C : a big ladder attack, they are trying to shake confidence

  • GaininMoneyIsMyHobby : it's not just amc

  • WeeToo : Imagine a rollercoaster... its up... then down... then up... then down.... then...

  • LSDragon : AMC is under ladder attacks all day everyday. they push the price down, almost to the point of tripping SSR then pull the attack back and let all the paper hands take over from there. NoT FiNaNciAL AdViCe

  • 70084543 : they put out fud about insider selling which we already new about

  • Coffee Drip : I spilled my coffee on the chart and the ink ran...

  • Ceelee : ssr is in effect today

  • 102928995 OP : So we just sit back and wait for it to roller coaster up again? U think will hit 50?

  • CannablissSmoke : this is not a sudden drop this is because meme stocks are kind of like the stock version of a pyramid scheme people get others to invest whoever buys in earliest wins I was absolutely ripped apart the other day for asking people on this chat we were at a peak or not and what he called me an idiot and Mr master degree but I can tell you I'm glad I told myself. I'm sorry you're still in I would advise you to get out but I am no expert but if you believe in fundamentals which have proven time and time again to be accurate I would get out because the company is extremely overvalued

  • CannablissSmoke : are you people aware that AMC currently owes about 4 billion dollars sorry not about over $4 billion of high interest debt? this executives that just left we're giving stock packages worth hundreds of millions of dollars and you know they're going to sell that stuff before it drops because there is nothing other than hype backing up this rocket. I'm like everybody else I jumped on for the ride but I knew it was going to fall it's just a matter of when and it's gone from 70 to 40 something in a couple of days I almost sold at 71 and I should have but that's greed for you. hopefully everybody does okay with this and we'll learn 0

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