LogFAQs > #950052419

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TopicStock Topic $eventeen
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01/29/21 11:31:28 AM
#302:


Here's the problem. AMC literally can't explode today from Robinhood action. They tried to "make good" but they're still making it tricky to buy stock and it's still clearly market manipulation and robinhood is still shit

Here are the current restrictions

1. Can only buy up to 115 shares and 100 options
2. Options for today can't be purchased
3. You can't exercise contracts you bought today

Also a lot of people like myself are transitioning to a different broker and have funds in transit.

Also for some reasons calls are outrageously expensive across the board so it's hard to get skin in the game right now.

So it's hard for robinhooders to move it much even if they want to. It can and will move unless the shorts get out today though (and them covering will make it move a ton either way) and I think they have too much hubris to actually cover. The good news is we kept the stock price above 9 so the earlier week calls are expensive for them

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