Moshkelgosha

Is this Healthy or pure Market Manipulation?

Moshkelgosha Updated   
NYSE:AMC   AMC Entertainment
AMC's market cap at 40 is 18 billion dollars. The total share outstanding: 450 Million
Now let's look at the price*volume and see how healthy its trading could be!
May 24th: 1.55 Billion
May 25th: 3.5 Billion
May 26th: 7.4 Billion
May 27th: 18.7 Billion ( Tesla:16.2 B, Apple:11.8B, Amazon: 8.2 B, Microsoft: 6 B, Facebook:6.8B, Google: 4.6B)
May 28th: 17.4 Billion ( Tesla:14.2 B, Apple:8.8B, Amazon: 7.5 B, Microsoft: 4.5B, Facebook:3.9 B, Google: 2.9B)
June 1st: 16.2 Billion ( Tesla:11.2 B, Apple:8.4B, Amazon: 7.8 B, Microsoft: 5.7B, Facebook:3.8B, Google: 2.3B)
I believe this is nothing but Market Manipulation, and there will be few winners and lots of people will lose their money..!
ask yourself how is this possible in a healthy trading environment a company with a lower than 20 Billion dollar market cap can absorb more money than trillion-dollar companies???
Investment is about managing risk, not riding a rollercoaster..!
I think SEC is sleeping..!



Comment:
To all those trash talkers:
go check my analysis on AMC on January 11th, 2021, when it was 2.25..!
Comment:
Learn From GME, experience..!
Comment:
those who get involved in GME madness lost 89% of their money in 5 days..!
-60% happened just in Feb 2nd, 2021..!
Comment:
Comment:
I study this pattern of manipulation for a long time! I will not be surprised if at the end everyone opens their eyes and see a group of people (Hedge funds and Venture capitalists) are behind the scene of this Frenzy..!
Check my analysis on May 27, 2027, privately published..! target 60-100 when AMC was 27..!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.