Article: How The AMC Squeeze Compares To The GameStop Run: Are Buyers Just Playing A Game?

Article - Media

How The AMC Squeeze Compares To The GameStop Run: Are Buyers Just Playing A Game?

Wayne Duggan, 05 June 2021

AMC Entertainment Holdings Inc AMC 6.51% held on to its weekly gains in early afternoon trading on Friday after a sharp pullback in Thursday’s session.

Heading into next week, AMC traders will be asking themselves if this week’s run-up is a repeat of January trading action in GameStop Corp. GME 3.89%, or if the rally in AMC had legs.

Deja Vu? GameStop shares hit their all-time high of $483 on Jan. 28. In the month leading up to that peak, the stock rallied about 1,560%. Continue reading “Article: How The AMC Squeeze Compares To The GameStop Run: Are Buyers Just Playing A Game?”

Article: DTCC Proposes Shortening US Trading Settlement Cycle To T+1: Here’s Why That’s Important

Uncategorized

DTCC Proposes Shortening US Trading Settlement Cycle To T+1: Here’s Why That’s Important

Wayne Duggan, Benzinga, 24 February 2021

ROBERT STEELE: This article is such crap. As if DTCC had not willfully covered up $100 trillion in naked short counterfeit sales these past 15-20 years. Until DTCC is given a porcupine enema and we sent DOJ, FBI, and US Southern District Attorneys to jail for life for treason — enabling foreign collusion and domestic crime against the US economy — for life, this will not change.