$AMC Entertainment (AMC.US)$ lol I refuse to belive this is ...
$AMC Entertainment (AMC.US)$ lol I refuse to belive this is people cashing out. the afternoon bump aught to be kicking in any time.
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disassembly line : its not, im staring at three orderbooks (arca, totalview, and directedge) and the best way id describe it is glorified high frequency trading.
C w6 : honestly, I believe it could be people cashing out. it's gone negative the last few days in last couple hours only to come back in after market. I don't think it's tons of retail investors selling out. I just think the spike and volatility has attracted a lot of day traders that don't want to be holding shares in after market. This is just a hunch so I'm not going to make any promises on me being right on this.
Self Identified Boy : no one is cashing out. Could be day traders, but likely more manipulation
disassembly line C w6 : youre exactly right. the day traders take their 10% profit when it goes up every time, and the second it goes down the hedge funds step in and start shorting it. the day traders then take note of this and join the hedgies to start shorting it. same pattern over and over again.
Opochtli : Same
disassembly line Greenhorn : exactly, im sure theres a few ape sells here and there, i have no opinion on that. people are struggling but these day traders...they kill momentum every time