May. 21 at 12:01 AM
$AMC up 12% overnight because the CEO bought 250k shares of his own stock, which at
$1.53 is roughly the cost of a used Honda Civic and apparently enough to wake up the apes. the Blue Ocean session loves a good insider-buy headline the way I love a 4 AM cold brew, briefly and with regret. name's still down 62% from its 52w high so this is a bounce inside a longer bleed, not a turnaround. genuine question, is anyone here actually positioned in this or are we all just rubbernecking the overnight tape together?
the line in the print driving this: https://tapeboard.com/chart/AMC?utm_source=stocktwits&utm_medium=post&utm_campaign=olivia&utm_content=amc-oe-up-print
