AA and CFO selling stocks - DON'T PANIC new APES!
AA have mentioned before he will be selling in batches which he announced much earlier in the year. The price fell last night is not because they sold the stocks as the amount is so small it did not cause a dent. Price drop is because of full manipulation from HFs using both borrowed shares and darkpools. This is a true fact. They are using this news to spread FUD. Please read up and do your homework.
You all notice a sudden surge in negative news? Yeap, again this is how HFs try to play down AMC that it is a dead stock. Ask yourself this, why would you keep shorting a dead stock? Yeah, it's because they got caught by surprise in the beginning of the year that WE APES bought so much shares (more than 70%) they are not able to doing anything about it as we are HODLING tightly to it.
Again, if you have spare cash lying around invest within your means. Never over commit. THIS IS NOT A FINANCIAL ADVICE. All investments comes with a small, medium and high risk. No one is forcing you that you must buy AMC stock. Please do your DD BEFORE enter this rollercoaster as the ride will be quite bumpy on some days.
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chris from queens : it's for his kids and his estate because he really hasn't collected off of his company stock. he mentioned this in the last quarter report so don't worry he knows what he's doing... that's for some pressure on these bum hedgies today...
Zerocool888 OP chris from queens : I am not worried at all. I am more worried for those new APES fall for their dumb tactics. We need to make it crsytal clear to everye single APES that all FUD news about AA and his CFO have inform us they are selling way way in advance. We need new APES to join us too. So, if they were to read the wrong article, it may just scare them away. So every bit we do, it will help to gain more shares.