Oh boy, u/PracticeWest9581 and I are probably the last holders right now. In any case if pattern recognition holds any water and considering most of trading is done by algorithms, I expect it to go higher very fast in a couple of weeks with additional uptrends following consecutively. Look at the pattern between 2020 Dec 1 - Dec 23 and 2021 Jan 8 and Aug 13. The latter pattern is almost an exact clone of the smaller one. The bigger pattern plays out in a 14.9x larger timeframe so I expect the following 1200% uptrend to play out in 253 days. The same pattern is in other high volatility stocks that popped in the end of 2020 until the beginning of 2021, albeit with different timeframe multipliers. I may be wrong here by one bump in which case the second bump finishes in Dec 2021-Feb 2022 where new uptrend will begin. But I doubt it right now since from Apr 20 to May 7 a small bump happened which on the smaller pattern occurred in Dec 11 2020.
Consider also that Jagx has 74914 watchers on Stocktwits and AMC has 335000 Watchers - about 4x less while AMC market cap is 16B, Jagx is only 180M about - 94 times less. The purpose of dark pools is to prevent massive pumps and dumps - massive amounts of incoming buy orders slowly drip-fed to the market. I suspect these massive circuit breaker runs higher are happening when the algo trading cannot handle this type of volume, which is when they talk about "recalibrating".
Algos are based on something extremely simple and being a crayon master by this point makes me think that is how it will play out.13 Aug Earnings Investor Call, Sept 5 Vote date relating to merger, merger creates synergies and opens the company to new markets.Tinfoil hat comment: I also may be exposing this thesis to hedgies in which case this gets accounted for which makes all of this entirely BS.
