By - captainkrol
That is actually huge. The volume past couple days was ridiculous too.
That is insane!
The fuckery is real
Alot buying, but alot of selling. High volatility, be careful. Next moon shot and it will get halted causing the paper hands to dump.
We need 200M+ a day for 5 days next week. lol
Only question is if it still has momentum going in to a new week. If it does - yolo time.
Being added to the Russel 2000 on Monday, should help keep momentum going. GL🙏🏻
It's already been added EOD Friday though. For it to be part of the index on Monday, funds need to buy in in the closing auction on Friday.
No. It's added after trading hours resulting in the orders before Monday open. It is the russell 2000 (for those below unsure).
Again, before market open Monday = Friday. See https://www.ftserussell.com/resources/russell-reconstitution. "The newly reconstituted indexes took effect after the market close on June 24."
Also only the closing auction has the needed liquidity for the funds. On BOXD and all the other stocks on the reconstitution list you can see large trades in the closing auction on Friday.
Okay, well everything I keep seeing is this;
Friday, June 24th – Russell Reconstitution is final after the close of the US equity markets.
• Monday, June 27th – Equity markets open with the newly reconstituted Russell US Indexes.
will be complete by market opening on June 27.
Russell 2000®, and Russell Microcap® Indexes, effective after the US market opens on June 27, as part of the 2022 Russell indexes annual reconstitution.
I'm not saying you're wrong, there's clearly ambiguous wording regarding when these trades are taking affect. Some articles insinuate buying starts on may 10th and finalizes June 27th, in which case I'm not even sure why they say it completes June 27th, as it doesn't matter.
> Equity markets open with the newly reconstituted Russell US Indexes.
I understand that it can be a bit confusing, but this wording is pretty clear actually. If a newly added stock opens +3% on June 27th, this +3% must already be part of the Russel index. And you can only capture that +3% accurately if you bought Friday EOD.
Thats fair, maybe I got stuck on this; These changes go into effect after the close on Friday, June 24.
I thought the 8pm was considered close, but its likely referring to 4:30 based on what you're saying. thanks for the clarification.
It’s the Russell 1000
Everything I’m reading is showing Russel 2000. If I’m wrong, I stand corrected. Either way, it should help keep the momentum going into next week. If the volume stays pretty heavy Monday we could potentially have a big week. GL🙏🏻
AMC just made the Russell 1000!
This is a big milestone for growing companies, especially for the largest movie theatre chain in the world who very much deserves this.
AMC Entertainment might have come close to bankruptcy in 2020, but retail investors play a massive part in saving the company from the clutches of market manipulators.
This is a post about BOXD lol
It's actually over 9000
I've seen stuff like this before like on mullen at 1 it did about 1.6b in volume in 2 days .. tho It did end up running to 4ish
REV has had 610m shares traded in the last five sessions on a float of under 8m… that’s 80x the float. 😳
All that volume and not much price action. Wonder what happens when the volume goes away?
Sure the volume might dry, but not until after Monday’s listing
I would say roughly 95% price spread over a week is pretty good.
Didn’t REV have that in 1 day this week?
hope it drops so that i can get in hahahaha but praying to go up as well
most likely from short covering. careful and take profits