UnknownUnicorn1043646

VOLATILITY ASSET - $AMC - Conservative Bullish EW Forecast

Long
NYSE:AMC   AMC Entertainment
Model Forecast for a CONSERVATIVE long target for Mar-Apr.
Comment:
My current Swing strategy:

But I did enter in Feb. 25:
Comment:
Update:

Got a fantastic entry today:
Comment:
"He that sells what isn't hisn
Must buy it back or go to prisn" - The Great Bear
Comment:
I've been following the GME and AMC saga for a while... GME and AMC are the most cunning of weapons. They are like parasites or tumors that feed off of bull manipulation, and need to be shorted again with liquidity collected from retail with the market up prices. This prevents the bull manipulation from taking full control. Whoever thought of this is very clever indeed.
Comment:
First AMC Entry:

Comment:
GME Entry 1:
Comment:
GME Entry 2:
Comment:
The more the operators struggle, the more the cancers grow and spread... KOSS, KODK, RKT, and more are rising next...

As more and more retail traders become aware of the game of manipulation, these battlefields will pop up everywhere.

Institutions will suppress value as they always have to create the market conditions to absorb their buys, while spreading misinformation that is accepted as the truth by retail, who sells it... and once it is time to distribute, institutions will mark up the price and then spread misinformation once more that makes the stock appealing to retail, as bags are handed off to them, and the institutional selling is absorbed, while they short and take profits on the way down...

However, retail is jumping onboard with the inverse of this, where the least valuable companies that are possibly pure pump and dump schemes, with the greatest likelihood of profits for institutional short selling - even tempting some of them to naked short for over 100% of the float - are being bought and held with the fanaticism of revolutionaries... Retail and short raiders are simply calling the institutions on their bluff and buying, when they say to sell, and are buying the most worthless companies with high short interest!

As the bull manipulation and misinformation that is meant to be taken as truth is distributed to create market conditions to absorb institutional selling, these worthless companies enjoy the same benefits. Even more, retail is using Fed's stimulus money to do it... Just like the institutions!

Simply put, retail has not only called the bluff on institutional manipulation, but are now front-running with the very same methods that they use!

As long as the bull manipulation continues, these companies will continue to outperform... They are a most potent poison to the institutions, because they are cornered on their naked shorts! Sooner or later they must buy back at an incredible loss, or suffer the borrow fee.

There is no easy way out for the institutions. They are cornered, and they must pay the fee.

"He that sells what isn't hisn
Must buy it back or go to prisn" - The Great Bear
Comment:
In fact, I think that Fed and Congress will soon have to choose... Bail out the institutions at the commoner's expense, or let the cornered institutions pay!
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.