[Stock Manipulation] “AMC stock falls despite theaters’ best weekend of 2024 thanks to ‘Inside Out 2’” Plus My Predictions [6/18/24]
June 18, 2024
“AMC Entertainment Holdings Inc. said Monday that its theaters just had their best weekend of the year in terms of moviegoers, but that didn’t stop the company’s shares from dropping in sympathy with those of fellow meme stock GameStop Corp.
AMC said its U.S. theaters saw a total attendance of 3.8 million people during the weekend of June 13 to June 16. The company said Friday was its most attended day of the year, until it was surpassed the very next day…”
These hedge funds shorting AMC are trapped. Expect them to lie. Expect them to cheat. Expect them to manipulate the stock. Expect them to commit fraud. Expect them to do everything in their power in order to escape a short squeeze. Also do not think AMC is on your side just because your a shareholder.
Welcome to the world of penny stocks where everyone is your enemy. The hedgefunds are not on your side. AMC is also not not on your side. They’re a failing company. Don’t be surprised when they take extreme measures just to survive. In my opinion everyone should be expecting AMC to delude it stock every time there’s a bull run. Expect them to release bad news to kill momentum. Expect reverse stock splits at the absolute worst possible timing. Accept the system is rigged.
I’ve been trading penny stocks since around 2019. I guess I can be called a veteran now. Long term I’m up. As a battle harden vet I’m telling everyone if they want to survive in this world it’s better to consider everyone a cold hard criminal.
In my opinion artificially suppressing stocks should be a crime. Creating synthetic shares that don’t exist should be a crime. Diluting stocks during bull runs should be a crime. All of these things hurt the average shareholder. Neither the Hedgefunds nor AMC are innocent.
In any case given this information what do I expect AMC stock to do? I expect AMC to increase to just below the point where the most people are underwater. My guess is near the 5$ mark. It gets to this point to give people hope then they, the hedge-funds, will drop the hammer.
I fully expect them to cheat. This is how I’m able to predict penny stock prices. I predict a lot. A hole lot and I’m been proven correct multiple times. Check this website history. It’s there for everyone to see.
One comment on “[Stock Manipulation] “AMC stock falls despite theaters’ best weekend of 2024 thanks to ‘Inside Out 2’” Plus My Predictions [6/18/24]”
[…] https://raxxmorz.com/stock-manipulation-amc-stock-falls-despite-theaters-best-weekend-of-2024-thanks… […]