GIM Hall Of Fame
- Mar 30, 2010
- Reaction score
Now lets look at AMC. Total shares outstanding? 164.3 million. Sales volume today? 1 billion 188 million shares. That means, at the least, each and every share was traded 6.5 times today. What does that mean, besides the SEC reporting is very wrong? It means the Market Masters got caught in total corruption. They shorted many more share than existed. No wonder they are in total panic.
That's a tell that there might be a big naked short position. Machine trading could also do that sort of thing.