BREAKING: π₯ PORTFOLIO MANAGER - FORCE RETAIL ORDERS TO LIT EXCHANGES π₯AMC Stock Short Squeeze Update
634Peter Hann, the Portfolio Manager, suggested that retail orders should be forced through to lit exchanges, rather than impacting in the dark pool. He also once more uncovered some corrupt practices going on in AMC.
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Peter Hann noted that it would be very unlikely that 5m retail investors would wake up at 4am to sell their AMC shares, all buying them back just before 4pm at the market close, just to wake up and sell them all again the next day.
This clearly shows manipulation in the AMC stock that needs to be dealt with.
Mark Foran noted that as c.67% of all volume is going through the dark pool, this means we should be seeing at least 400m shares trading in the dark pool on a daily basis.
Peter suggested that retail orders should be forced through the lit exchanges rather than impacting in the dark pool, this would have a much fairer impact on the true price.
We also saw over $2bn accepted in PFOF in 2020, with over $1bn accepted in just Q1 of 2021, Citadel and co wouldn't be paying this much money for fun, clearly, its part of a darker picture.
TL:DR;
Force retail orders through the lit exchanges on fidelity, not through the Citadel dark pool via Robinhood who accept PFOF.
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