Low Pre-Market Price
$AMC Entertainment (AMC.US)$ Option trading which is one of the biggest tactics of the whales, can't be done during pre/post market hours. The whales have made comments on Twitter all morning hinting that they're coming. What you see this morning are the HFs manipulating the price as always (see the 50 and 9999 orders down the book) to try to start the day as low as possible so the whale's options don't spur us to 65 in the first 10 minutes like yesterday.
Whales aren't fighting back right now because it's pointless. Wait til we open. Most importantly, they're going to throw everything due to 005 being passed. IF enforced, it would spell trouble. I have no doubt they'll continue to cheat despite the law, but they will likely be more discreet which is good for us
Whales aren't fighting back right now because it's pointless. Wait til we open. Most importantly, they're going to throw everything due to 005 being passed. IF enforced, it would spell trouble. I have no doubt they'll continue to cheat despite the law, but they will likely be more discreet which is good for us
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
cubsfantrey333 : well said
Jeremy Manley : HOLD! YEP YEP THEYRE GETTIN NERVOUS!
Caleb Utt OP Jeremy Manley : When we hit 62 yesterday and they reacted you could feel their reaction. Like that stomach drop they had when they jumped to jam it back to 60. TERRIFIED
HODL TIL THEY FOLD : I love ur big DD daddy. hit me hard with those hard facts
Caleb Utt OP HODL TIL THEY FOLD : <3 Facts > FUD Lies any day. Just gotta deliver at the right time