Welcome back to the channel everyone today, i want to talk about the price action from yesterday morning and talk about whether the moas was just illegally halted, and i also want to help people understand, halts a little better and when they happen and what causes them so Stay tuned and let's make some money, and now i want to dive straight in with the key information, so the real dark pool, just tweeted saying so, did the mass begin today on heavily shorted stocks, my god there's more to that halt than we realize. So this is a screenshot of gamestop from one of the trading platforms on yesterday, tuesday, the 29th of march. As we can see, the trading opened gamestop moved up fairly quickly and then all of a sudden there was a massive rocket candle all the way. Past 350 dollars per share, gamestop rocketed back down.

The stock was then halted and then, after the whole, both gamestop and amc started trading lower over the next half hour to an hour, the exact same thing could be seen on amc as well. Now, from this singular screenshot, it's very hard to tell if this was a glitch or if this was the moas being illegally halted on all of the other trading platforms. It does not show a massive rocket candle all the way. Past 350 dollars for neither gamestop nor amc.

Now there are some indications that this wasn't actually a glitch. As you can see here, a different user is getting a number of notifications from e-trade about amc. Obviously, this chart here is the gamestop chart, but this screenshot here shows a number of amc notifications. This shows the ask price for amc running over a hundred and fifty dollars over two hundred dollars over four hundred and fifty dollars and over six hundred dollars per share.

So you could say that actually, both stocks ran up massively yesterday morning, well past their marked price of 34, a share for amc all the way. Past 650 dollars per share on the ask side. Unusual whales, also tweeted, saying earlier today, gamestop and amc were both halted. Numerous brokers, right before the halt in the morning spike reported that far out of the money chains, 300 strikes and above were in the money we can see here from this screenshot.

Robin hood was reporting that the gamestop 510 dollar call options on this user's watch list was now in the money and therefore gamestop must have ran over 510 dollars per share yesterday for this option to become in the money this original reddit post is titled saying there Was literally no asks all the way up to approximately 500 per share. Nobody was selling this caused. The market makers or trading houses to reject the move and halt the stock supply and demand means nothing on wall street because it's a completely fraudulent system and, as gary says, the halt on amc earlier was a planned criminal attack that involved the sec and the new York stock exchange and market makers, he said they had to momentum and were more than happy to screw investors over. If you were on the fence about whether gary gensler protects us or wall street, you got your answer and nazim said today: we've all witnessed some of the most illegal stuff that could have possibly happened.

The fact they halted, both amc and gamestop trading within the first five minutes of trading, shows just how screwed they are, and their only option is to collude with the sec or resort to crime. But i think to determine if this was a legal market, manipulation or illegal halting. We first have to understand when the halts actually happened, what causes a halt and what actually happens when a stock is halted? So, let's look minute by minute and find out exactly when the halt actually happened: at 9, 31 amc open for trading and bounced around this region between 29 and thirty dollars at nine thirty, two amc started moving upwards. This was continued at nine thirty, three, nine.

Thirty. Four and nine thirty five as well all the way to thirty four dollars and thirty three cents per share. But this wasn't: when amc was halted at 34.33 cents per share, because at 9.36 the stock started falling rapidly. It was falling at 936, 937, 938 and 939.

Is when the stock was halted and therefore amc wasn't halted on the move upwards? It was halted on the move downwards. So now we know that amc wasn't halted on the move upwards later on in this video, i'm going to talk about exactly how they managed to push the price down so fast in such a short space of time. But first let's talk about why the amc stock was halted and what actually happened during that haul guys many of you may not have a lot of confidence in the stock market at the moment. There's all this market manipulation and market fraud.

That seems to be going entirely unpunished, so this is a screenshot of halting rules for tier one and tier two securities in various price brackets, and that's why i personally also invest in cryptocurrency, especially now that it's starting to break out. I personally like to use block fi and right now, if you sign up to block file using the link in the description below you can currently get up to 250 in free bitcoin, more than 500 000 people and 350 institutions globally use blockfy to manage over 10 Billion dollars in assets brockfight is entirely free to use and requires no minimum balance. Blockfy also offers a reward to credit card with an introductory rate of 3.5 cashback on your purchases also paid in crypto. So you can continue to accumulate more and more there's.

Also, no annual fees and no foreign transaction fees either and the card is currently available in the united states, so guys be sure to sign up to block by using the link in the description below to get up to 250 in free bitcoin. So amc is in this second row here, because amc is a tier two nms security with a stock price of above three dollars per share. So basically, if the amc price deviates by 10 or more in a five minute period, then trading will be halted on that amc stock. So because amc fell from around 34, all the way down to 29 per share, that's obviously over 10, and that's why amc was halted on a move downwards and darkpool tweeted saying when a stock is halted, is it usually frozen with the min ask and max bid Prices posted he said that cause unsophisticated brokers to pick up the data temporarily and cause alerts system wide and throw off certain charts.

We could see here on amc. There was obviously a buy order at one cent per share, because obviously some retail investor had tried to buy amc at one cent per share. Obviously, this trade wouldn't go through because nobody would be willing to sell amc at one cent per share and again, on the other end of the spectrum, there is a retail investor out there with a sell order at six hundred thousand dollars per share. Obviously, that sale wasn't filled because right now there's nobody willing to buy an amc share for six hundred thousand dollars per share.

It's very easy to place a limit buy or a limited sell order, but obviously it doesn't guarantee that these trades actually end up being executed, because the limit price that you place may not be that close to the actual mark price or current price of that stock. I can place as many buy orders for amc at one cent per share, as i like, but obviously those buy orders aren't going to be filled because nobody would be willing to sell me their amc at one cent per share. So that's effectively what caused all of these alerts on robin hood and on e-trade to be set off because effectively, the minimum bid price and the maximum ask price of that stock was kept. Obviously, all of those trades going on in the middle were frozen and were removed, but the minimum bid and maximum ask prices were kept, causing these alerts to be triggered, and this post from super stonk does a brilliant job, explaining exactly what caused the price of amc To fall from 34 all the way down to 28 in such a small period of time, the post says: go to any youtube stock stream for amc and play back to 9 30 a.m and watch from there.

You can find one that shows the full nbbo tape, which is the national best bid and offer or the level 2.. He says this morning we saw a controlled pump and dump from the opening bell to trigger a downward hull and create panic and headroom for otc maneuvers, and he says this is how they hacked the v-wap and l-u-l-d, which is the limit up limit downhill. So the limit up limit down is triggered when the price moves away from the average price aka the v-lap or volume weighted average price when the stock surges straight upwards from open that won't trigger the circuit breaker, because the volume weighted average price is going up at Nearly the same rate as the trading price, so this is why amc wasn't halted on the way up from 30 to 34., because, even though that move is above 10, it wasn't above 10 of the volume weighted average price. Maybe the volume weighted average price was 32 or 33 dollars per share and therefore 10 above.

That would have been 35 or 36 dollars and he says, but then it drops more than 5 or 10 for amc on lower volume. This means the stock price falls significantly below the average price, because it's a volume weighted average price. Therefore, the volume weighted average price still stayed at 32 or 33 dollars, but amc fell all the way to 28 per share, which is well above 10, and he said this was enough to trigger a downward hull and spread fear and panic and crush the momentum that Amc and gamestop had out of the gates and he said notice how the dip finishes and the halt starts at exactly the same price point as the morning pump begins, and he said the fact that they did the same thing with popcorn or amc. At the same time means this was a derivatives or etf maneuver to the entire concentrated short basket, and he says sec.

Wake up. This is plain and obvious manipulation out in the open, and if the regulators do not react to this event, it will prove beyond doubt that they are complicit in this crime, and he said i encourage everyone to file a complaint at the sec, the department of justice, The fbi and the financial investment so therefore, even though this wasn't necessarily an illegal halt, this was illegal market manipulation to pump the price of amc up to increase that volume weighted average price because they knew there'd be tons of retail, buy orders straight out of the Gates, they then threw in massive massive waves of sale, orders to try and crush the price down, causing a halt which would effectively cause apes to panic and would reduce the retail buying movement. Obviously, you can see throughout the rest of the day, amc moved from 26 dollars per share, all the way up to 31 per share, which is an additional 5 movement. Now, obviously, if the hedges didn't perform this illegal market, manipulation amc would have ran from 30.

All the way up to 34 and would have ran an additional five or six dollars on top of that all the way to forty dollars and above i do find it very, very interesting how they pushed amc up to 34.33, but didn't push up any higher. I personally think this 34 35 region has a lot of significance. Obviously, if we can move through this 34-35 region, it's basically a clear shot to 40 dollars and much much higher. All the way to 48 and above this 34-35 region is the only key area of resistance, because it has a number of line taps over the last nine months.

We can see this 35 region acted as support back here in october back here in september, and acted as resistance and support back here in july and august time, and therefore i think if we can break through this 34 35 region, it's basically a clear shot up To 45 and a clear shot up to 53 from there guys be sure to. Let me know down in the comments below what you think about the price action from yesterday and whether you think there was some illegal market, manipulation and illegal halting taking place. And as always guys, if you enjoyed this video, be sure to check out some of my others. Alternatively, subscribe the channel and ding that notification bell, because that way, you'll be alerted.

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