RalphWood
2021-10-18

Predict day to day movements on any stock at your own peril, but I think the MIT boys will not attempt an AMC pump and dump this Monday morning. Their computer models definitely take into account ape psychological makeup and the accompanying naivete, but these same trade programs also account for broad market behavior, and we likely have a nasty opening after the Chinese junk bond market has just had a disastrous trading session. In the current market ecology, all things are connected, which is why I cannot stress strongly enough that systemic market risk will propel AMC down the proverbial shaft as we transition to risk off dynamics. Furthermore, with each passing day, the mythical AMC gamma squeeze wears thin, and money parked in AMC stock is dead money. This stock has a long ways to fall, and broad based selling in the major averages will be the catalyst for increasing volume pressure on AMC. Never forget that AMC shares demonstrate miserable liquidity, so eve slight increases in selling volume cause very large adjustments in the bid side. In other words, the price of AMC shares will drop like a lead zeppelin.       $AMC Entertainment(AMC)$

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