AMC Stock Movement on the NYSE

dennishoddy

Sharpshooter
Supporting Member
Special Hen Supporter
Joined
Dec 9, 2008
Messages
76,103
Reaction score
38,813
Location
Ponca City Ok
Yea but I was watching and it sailed right past my limit. Then I canceled that and placed a market order which was just ignored. I was just trying to score on a wave and their system screwed me out of a nice gain. It finally executed the market order but I was pissed! I've never had a market order not post within a few seconds and the same goes for a limit or trailing stop. They've always been within cents of my price. I'm pretty sure they were pulling some Robinhood crap without disclosing it.
I don't think there is a single brokerage that hasn't used delays by day traders to manipulate the market in one way or another since the late 90's when it was a game changer with the internet. I know some are calling out Robinhood and others, but the market is a treacherous business to be in if your not a registered trader. Day trading isn't what it used to be.
 

nic6

Sharpshooter
Supporting Member
Special Hen Supporter
Joined
Sep 23, 2008
Messages
476
Reaction score
574
Location
NE Oklahoma
Yea but I was watching and it sailed right past my limit. Then I canceled that and placed a market order which was just ignored. I was just trying to score on a wave and their system screwed me out of a nice gain. It finally executed the market order but I was pissed! I've never had a market order not post within a few seconds and the same goes for a limit or trailing stop. They've always been within cents of my price. I'm pretty sure they were pulling some Robinhood crap without disclosing it.
I'm behind the live ticker, most are. I am not in anyway saying this is how it works, there are many who run multi screens and execute trades immediately.
 

HarryBear

HB
Supporting Member
Special Hen Supporter
Joined
Mar 20, 2009
Messages
2,091
Reaction score
887
Location
OKC
I am a rookie, no doubt about it. But I think this movement is to expose how corrupt the market makers, hedgies, and the big game players truly are. I was told this is to show actual manipulation of a stock and to see the volume go up daily, but yet the share price goes down is proof that I need to see being a "millennial".
Rich dad poor dad tonight us a lot. This is David vs. Goliath.
Good vs. evil and we are tired of big companies eating the little guys and I believe this is payback for once .
 

mr ed

Sharpshooter
Supporting Member
Special Hen Supporter
Joined
Mar 14, 2009
Messages
5,721
Reaction score
2,980
Location
Tulsa
On the radio this morning they were saying the Chinese pumped it up and the dumped it taking huge profits.
 

zghorner

Sharpshooter
Special Hen
Joined
Oct 1, 2014
Messages
2,552
Reaction score
932
Location
se okc / tinker aea
On the radio this morning they were saying the Chinese pumped it up and the dumped it taking huge profits.
probably bought a ton of calls before pumping then sold when IV soared. I swear whales did this to GMC on the last big pump...it fell back to mid $40's in February (they load up on calls/Leaps) Price soars to $180s in 2 days lol, they each buy another beach house as a result.

Honestly I wouldn't be surprised if they havn't been playing retail since that point.
 
Top Bottom