AMC dropped 30% yesterday..... AFTER the market closed. HIGHLY UNUSUAL.
(media.greatawakening.win)
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I would look at the actions of the insiders for the last 2 years first. Are they buying or selling?
They are selling BIGLY.
That should tell you all you need to know.
Meanwhile GME insiders are buying all they can.
So, curious. What exactly got the AMC into the moass speculation in the first place?
Pretty decent timeline here https://www.tradingview.com/symbols/NYSE-AMC/history-timeline/#amc-on-the-rebound-2021-05-10
But basically WallStreetBets and youtube degens like myself looking for undervalued stocks.
If covid hadn't happened this could be a diff convo. Video games did GREAT under covid restrictions while theaters did not.
But in the end it comes down to management, innovation and planning. No one is leaving Google, Apple, Microsoft and other tech giants and signing NDA's for AMC. Gamestop tho..... let's just say there's SOMETHING BIG to attract the talent they've been sniping from the big guys.
Understanding this is like Q posts. Sometimes it's not what's said, it's what's done around the edges of what's highlighted. Like Jazz, the space between the notes.
Honestly, thats what bugs me. Thats what I feel is missing in your analysis.
Understandable. It's hard and very time consuming to connect all the dots and the previous evidence and quick dockets and tweets and business connections in a short post in a reasonable amount of time.
I wish I had more time and was better at organizing information and my discoveries.
BTW, I realised something interesting. APE seems to have gone up approx same amount AMC went down, after hours. Looks like the institutional investors are simple jumping on the APE following the settlement.
Interesting I'll dive into that today when I have some time. Ty