Officially Illiquid
Barcoding is never a good sign. It shows illiquidity. Not a lot of investors are actively trading this ticker. It looks like the AMC hype is finally gone.
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ur wifes boyfriend : its doing that since the end of jan.
CEO of Apes : Nonsense
CEO of Apes : Don’t believe in communists. Apes all the way!
AMC to the moon
Dannyrb : Lol. To me, it means shorts are fckd.
Salmon Klein : why such a pattern means iliquidity? I am inside $Opko Health (OPK.US)$ and shiws similarities to it? any useful insight please? thanks
FANCY PANTS : But the apes told me this was just a sign of manipulation by high frequency trading back and forth between eachother to discover new shares to short! Do you mean to tell me they could possibly be wrong?!
SpyderCall OP Salmon Klein : Barcoding shows you that there are not a lot of investors actively trading the company. This could be for a number of reasons, but essentially, it means that there is not a lot of investors' interest in the stock. A barcoding stock could always go higher, but with barcoding price action, there will be no momentum on any price move.
SpyderCall OP FANCY PANTS : Ape logic is incorrect.
MindOverMatter SpyderCall OP : Or it's algorithm trading suppressing the price action for max pain or other nefarious reasons.But yeah different perspectives are important I like all points of views.
MindOverMatter SpyderCall OP : I mean big money moves these things not retail wouldn't you agree?
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