You have to be kidding me. I refuse to believe the #AMC shareholders decided to all sell after hours at the same time after we were told there were 4.1m shareholders
And #GME selling after they beat earnings by $.38?????
I mean really almost identical price action, but it is not coordinated #MarketManipulation
Ok...... did anyone else see this today??????
Same broker, picture taken 3 minutes apart.
If it only happened once I could buy this as a glitch but I have a bunch of examples like this (it is usually going the other way).
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Ok all my #AMCAPES out there. I want to give my thoughts on what I have been seeing with our current price action. This will be in multiple parts so please follow in the comments. I have a dual major in business and psychology and many years experience in the business world. Cont
(1/8) There are many Battle hardened apes out there who understand the mind games but there are also at least a million new apes out there. I have seen these tactics employed on very intelligent people because $$$ causes lots of emotions.
Like Sun Tzu said "Know your enemy"
(2/8) My time with many large-scale business dealings one of the biggest lessons learned: Fear of loss is the single most driving force in human decision-making. Research states: A loss stings twice as much as an equivalent gain, i.e., losing $5 actually feels like losing $10+
After reading @Joshuajammes
Tweet I started looking into this and it really makes me think if they (citadel) got busted for this in 2020 what makes us think that they didn't just change up their tactics. They got busted because it was for large (institutional) orders.
But if they, who admittedly handle a majority of retail transactions, were to shift to doing this to retail orders that they handle by the millions it could be harder for us to spot and call out.
Now I have NO PROOF of any wrong doing and am not making any accusations but...