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Why?
$AMC Entertainment (AMC.US)$ im still new at all this can someone explain why they would pay $1,000 a share? everyone is saying buy hold price at a thousand!!!???
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70209508 : pay what it's worth at the moment
70108039 : buy hold you see 100 above
Mcsnacks H Tupack : They won’t. They are using unreal predictions to attract people to invest. It’s also known as hype.
Methods : OMG! People who decide own the shares are setting sell limits at $1000 so the shorts can't cover cheap! It has nothing to do with new hands!.. Pay attention people!
ryan mercer Mcsnacks H Tupack : how is it hype?
GetMeABeerDude ryan mercer : mcsnacks works for the hedge funds. trying to distract us.
ryan mercer GetMeABeerDude : AMC isn't GME I understand that but AMC is still shorted at 83% and the hedge funds needed it to close below 9$ Friday and it didn't and now they have to start paying. today is gonna be a big day. with the media attention over the weekend everyone is going to be trying to get a peice of the pie and that is good and this stock is actually worth holding onto even after the squeeze
Mcsnacks H Tupack ryan mercer : All the accounts were settled Friday. Short interest is now at 16%. There are 56 million shares available to buy before the price can increase over 19.38.
Mcsnacks H Tupack Mcsnacks H Tupack : And they are adding 50 million more shares today. So 106 million