WTF!! π₯ CNBC TRYING TO FORCE APES TO SELL AMC π₯ - AMC Stock Short Squeeze Update
975A trader was just interviewed on CNBC who tried to pressure the apes to sell their shares, saying he would definitely be selling now... if the apes didn't sell at $70, why would they sell now?
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Links;
https://www.cnbc.com/video/2021/07/15/amc-rebounds-and-why-one-trader-says-just-stay-away-from-this-thing.html
https://www.reddit.com/r/amcstock/comments/oli0iu/well_that_was_quick_they_met_their_goal_of_100k/
https://www.reddit.com/r/amcstock/comments/olk7bj/they_havent_covered_anything_but_what_they_did_do/
The AMC stock price is so clearly being manipulated as stocks go up and down, never move perfectly down at a 45* angle over several days.
In addition, Adam Aron specifically cancelled the issuance of 25m new shares and is therefore not taking advantage of price rises by selling batches of new shares.
CNBC are just trying to discredit AMC and cause the apes to panic sell, right into the hands of hedgies desperate to cover their shares, but it wont work.
The Wes Christian GoFundMe has already been 100% funded, and we haev some further rationale as to how the hedgies are dropping the price via the dark pools.
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