Since the pandemic, AMC and other stocks have been heavily manipulated and we are feeding more and more to the kolaps. It's not financial advice just a technical analysis from my side
Manipulation? Nah, more like AMC's revenue literally went to zero overnight due to an unprecedented pandemic disaster. That might naturally affect the value of a company's stock. Maybe?
its about to be over now. if you intrigued by tokenomics and supply vs liquidity stuff, get into crypto. the crypto markets are not corrupted and rigged against you like NYSE and SEC
skychall
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@noam_chom 100% I was actually thinking about this earlier today! I feel bad I didn't sell all my shares last month when it touched $25. sold half which was nice. but I don't think we're going to see that price again anytime soon. Too much 'culty' corruption on this thing.
noam_chom
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@skychall, yeah. in the old markets there is too much corruption for a true squeeze to happen
they halt trading, do after hours back room bullshit, the supply is not auditable, its easy to print new shares, or paper shares, etc etc
Crypto has its own risks, but at least it also has some superior infrastructure traits that are better for the little guy
AMC and many other stocks would not of got the parabolic move post the Covid pandemic, if it was not for the monetary printing post the crash. Yes, stocks have gone up and inflation has gone up. But we know that all these moves need correct and brought back into line. Hard to say if we have anymore parabolic moves. But I would say the manipulation came with the parabolic move up as well.