What a storm. What a battle right? AMC keeps on keeping on, and although AMC has been on discount recently, the stock seems to have a very nasty and bullish attitude.
Yes, shorts have been able to drive the price down through naked short selling but more on that later. Retail investors are very excited about the data that’s been collected for months now. Will we see an AMC short squeeze while we continue to ride this bull? And if so, how soon?
How soon will we see an AMC short squeeze? Retail investors all want to know. Is it this week? Will it be next week? Or, are we looking at a longer game here? Here’s what we know.
Key Highlights
AMC closed at $47.91 on June 4th. The stock has fundamentally surged despite short sellers attacking it. AMC Entertainment is set up for a short squeeze.
The perfect time to buy AMC stock is when the market is red, or what we refer to as on ‘discount’. AMC is looking bullish though, red days might just be over.
AMC entertainment continues to be the most heavily shorted stock in the market.
AMC’s short borrow fee continues to increase.
Some of you reading this article might have been holding since February now. Kuddos to you for holding the line. If you’re a new retail investor getting in on AMC be sure to thank the seasoned apes when you get a chance.
Below is a series of documented facts and positive news that all influence AMC’s potential towards a short squeeze. One thing is certain, it’s inevitable.
FOX Business reported AMC to have a strong chance of a short squeeze. Coming from a big news platform it certainly brings the stock sentiment up for most retail investors.
This is the type of news retail investors need to keep an eye out for.
AMC is still currently the most shorted stock in the market.
Unfortunately, MarketWatch has completely obliterated AMC from their list. Being a hedge fund affiliate, retail investors suspect foul play.
President and CEO of AMC Entertainment Adam Aron, announced today, all AMC movie theaters are now open across the United States with many selling out.
Here’s what retail investors can do:
Continue to hold your positions, it’s free
Buy the dips to counter any short attacks
Share articles on social platforms that can provide value to the community
Keep a close eye on the stock to not miss the squeeze
[Reply]
Originally Posted by eDave:
What's growing in your backyard this summer?
Should I update the gardening thread with new pics tomorrow?!
Lots of good stuff. The plumeria are leafing out and I have some seedlings of them going. I just topped my mango tree and it’s now branching. The guava tree might be the healthiest plant in the yard currently and the praying mantis we released seem to love being on it. The papaya grew 2 feet in the last month. My limes will be ready in another 1-2 months and the tree is loaded again.
Originally Posted by MTG#10:
Guess I'll have to talk about crypto in this thread, it is investing...
Don’t you dare or I’ll get you banned from this thread!
[Reply]