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Simpl€ Mechanic$

02/22/2021 13:22

$AMC Ent Holdg For those people to stubborn or ignorant to understand what setting a high limit does to a stock price here's a clear example..
price 2.90
bid 2.80
ask 3.50
High limit 50
Center of the bid and ask price is 3.15
so why is it 2.90?
THEBFKN HIGH LIMIT AT 50 IS ADDING PRESSURE TO THE SUPPLY SIDE PUSHING THE PRICE TOWARDS THE BID
AMC Ent Holdg-0
Disclaimer: The comments, opinions and analysis expressed herein are for informational and educational purposes only and shoulk not be considered as individual investment advice or recommendations. Webull is not responsible or liable in any way for comments posted by pur users.

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All Comments(7)

Tel***com02/22/2021 13:35
Not sure this is true. here is a screenshot from another position.

Simpl€ Mechanic$02/22/2021 13:40

that's not the current price of the stock. your showing what it closed at .. post a pic of the current ask on this SS

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☘️🇮🇪 Pat Me Ballz 🇮🇪☘️02/22/2021 13:35
The previous close was 2.91. This is pre market/afterhours. when you scroll down on webull it always shows the last close price on the stock not the current price

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🎲 NoobZone02/22/2021 13:33
Stfu noob

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Simpl€ Mechanic$02/22/2021 13:32
if this is what HFs are doing then imagine what we are doing setting limits
Here's a 2 week old SS of sell limits .. what do you think is happening?

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Melon Usk 02/22/2021 13:28
gtfo bot

Simpl€ Mechanic$02/22/2021 13:29

not a bot bruh.. better check my profile. I been here for weeks pushing for AMC. setting a sell limit doesn't help raise the price. but you can clearly see the HFs setting them to push it down.

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alb***com02/22/2021 13:25
There is no pressure at all unless it hits close to the price target. for example you see the price going up until it hIts a sell wall and gets rejected.

Simpl€ Mechanic$02/22/2021 13:28

or why the chart shows a upward trend on the supply side if it doesn't register

Simpl€ Mechanic$02/22/2021 13:27

Then explain why the price of the stock in the SS is 2.91 and not 3.15? if your explanation is correct.

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