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Matt Maley, chief market strategist at Miller Tabak, warns of an ugly ending to the AMC mania. These moves are so dramatic and, to be honest with you, I just think it s a sign of froth in the marketplace. We ve seen this huge amount of liquidity that the Federal Reserve has provided over the last year or so, and they ve been telling us more recently that they re going to taper back on that, Maley told CNBC s Trading Nation on Thursday. As that liquidity becomes a little less plentiful, some of these stocks that are trading far beyond any of their fundamentals, I think it s going to be really rough, he said.