OMG! 🔥 NEW DARK POOL RECORD FOR AMC! WHAT DOES THIS MEAN FOR AMC? 🔥 - AMC Stock Short Squeeze Update
The AMC Stock just set a new record for dark pool activity, nearly 70% of all trades placed today were through the dark pools. Of this, a whopping 50% of them are shorts! How does this impact the AMC stock and the AMC short squeeze?
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Dark pools are private exchanged, created for large institutions to buy/sell large blocks of shares without impacting the market price, ie, designed specifically for hedge funds to cover their short positions without causing a short squeeze.
This is exactly what needs investigating by the SEC and exactly why new rules are being created to make dark pools more transparent and to show more data on transactions such as shorts, naked shorts and failure to delivers (FTDs).
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