AMC Falls After Trading Halt: Was This Illegal?
AMC falls more than 8% the day after market makers halted trading, though the SEC has the power to halt trading as well. The theatre chain stock had risen to more than $34 per share shortly after the market opened. But a trading halt seized retail…
AMC and GME Stock Get Halted During Trading Surge
AMC and GameStop were halted shortly after the market opened this morning. AMC stock reached a high of $34.09 and GameStop reached a high $199.24 before plunging. The halts seized the ‘meme stocks’ from soaring, momentarily freezing momentum.…
BREAKING: Citadel Under Investigation by Department of Justice
Bloomberg just confirmed Citadel is one of the hedge funds under investigation by the Department of Justice. Regulators are taking Morgan Stanely and several other hedge funds to court after several subpoenas were sent out earlier this year.…
AMC Short Sellers Suffer More Than $750 Million
AMC short sellers are facing massive losses. Short sellers have lost more than $750 million in the past two weeks alone. AMC is up more than 84% in the past five trading days closing up more than 44% today. Should we expect more price surges this week?…
Wall Street Journal is Indirectly Owned by Citadel’s Ken Griffin
Wall Street Journal just published a piece on the AMC community where the conflict of interest is only so obvious. They refer to the community as a mob and disrespect AMC’s CEO Adam Aron by saying apes made the CEO “play by their…
