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Quoted from robertmee:I'm in agreement except for one difference. I honestly don't think that WSB and small retail investors really have enough shares to be of any influence. I think there are much bigger players in the dark that are controlling this squeeze. Blackhawk, Chewy, et al are really the controlling factors. Those guys sell their positions, I think you'll see GME plummet. I still bought some GME for the cause, but I honestly expect to see zero return.
How can you tell who these players are and how much they own?
Quoted from robertmee:You can find this information for any stock. Public trade records.
AMC https://money.cnn.com/quote/shareholders/shareholders.html?symb=AMC&subView=institutional
Oh yeah, it's BlackRock not blackhawk. That's what threw me off
Quoted from robertmee:Good catch...phone auto correct, I didn't notice.
No worries, I just wanted your insider info
Quoted from robertmee:Here's what doesn't make sense to me. Someone smarter than me explain please:
https://eresearch.fidelity.com/eresearch/gotoBL/fidelityTopOrders.jhtml
Look at the Buy/Sell Ratio for GME and AMC. Supply and Demand. You would think the price would be going up?
They're labeled as buy/ sell orders. Some of the sell orders must have been very large. That's all I can think of. There's definitely some shady stuff going on
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