$AMC Entertainment (AMC.US)$ step 1: dump millions of shares...
step 1: dump millions of shares within a short period to drop the price from 26 to 24 and make it seem like a downtrend to incite fear.
step 2: set a huge buy limit at 24 and start covering shorts between 24.01-24.10 and maintain the price there by trading with itself
step 3: wait for paper hands or day traders to sell within the manipulated price range
step 4: profit
however, if no one panics and sells, SHFs will need to buy back whatever shares they sold short at a higher price (slowly increasing its manipulated price range). not financial advice, but what I think is happening.
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