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$AMC Entertainment (AMC.US)$ nasdaq dropping, time for a nos...
$AMC Entertainment (AMC.US)$ nasdaq dropping, time for a nose dive and test that negative beta theory... they are running out of liquidity fast!
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Jet Bomb OP Marval : I don't think you understand what I'm saying...the nasdaq is gonna break to the downside it's gonna test the low one more time and the market is crashing to the 200MA
Marval Jet Bomb OP : what I understand is that shorts haven't covered and AMC ain't going out of business any time soon
鹅鹅鹅鹅鹅鹅鹅鹅 : minor correction if i will(if any left) then the bulls take over.
Jet Bomb OP 鹅鹅鹅鹅鹅鹅鹅鹅 : check the FRED the institutions are selling off they have seen this before the bubble is popped there will not be a pullback for a long while... I believe March
鹅鹅鹅鹅鹅鹅鹅鹅 : what bubble? Amc is a ecosystem
鹅鹅鹅鹅鹅鹅鹅鹅 : you are referring to nasdaq March 20 major bear? i wont count on it..
Jet Bomb OP 鹅鹅鹅鹅鹅鹅鹅鹅 : yup no bubble there & it won't pull back up till March is what I meant. we have entered a bear market. AMC has a negative BETA and it's time we test it
鹅鹅鹅鹅鹅鹅鹅鹅 Jet Bomb OP : you are surprising optimistic, we leave it there
last i checked on yahoo beta for AMC is still above 1. where do u go to chk? i could only see till mid of Jan and its a moderate bull farm.