For individual investors, the challenge can be taking on bets alongside professional investors such as short sellers, whose activity can also trigger big moves. Often you hear the narrative that it s just retail traders, but that s not the case, wrote JJ Kinahan, TD Ameritrade s chief market strategist, in a recent market update. The heavy volume suggests there s a lot of big firms in there, also, he said.
For example, distressed investment firm Mudrick Capital reportedly bought and sold 8.5 million AMC shares on Tuesday.
Understandably, investors may be so caught up in the gains that they forget to remember the potential for losses.
The AMC Entertainment buying frenzy continued after the bell, with shares of the movie theater chain jumping about 7%. The stock soared 95% in the regular.
The AMC Entertainment buying frenzy continued after the bell, with shares of the movie theater chain jumping about 7%. The stock soared 95% in the regular.