$20 AMC makes the market cap $6.8B which is double the pre-2021 all time high. Meanwhile the actual business fundamentals are absolute dogshit, far worse than they ever were before coronavirus.
12x in 2 weeks on no news except a new bond issue / private placement to delay the inevitable bankruptcy.
It has a Very nice price chart. This is one of the best stocks / charts for day trading. Notice that the volume increased suddenly about a week ago. Traders don't look at revenue, EPS and those fundamental things.
well hopefully you day traders will take enough money from the robinhood plebs that they can no longer afford to pump it 10x beyond a reasonable price
Looks like they triggered a breaker because it froze at +247.58%... Nope triggering up and triggering down..wtf, let me make some money!
All I hear is boomers in this thread who thinks the market needs fundamentals when we are in a bubble.