$AMC Entertainment (AMC.US)$ You guys are a little too conce...
$AMC Entertainment (AMC.US)$
You guys are a little too concerned with it being x dollar or Y dollar. don't get me wrong the option calls to up the price is cool but the money everyone wants is the shorts covering likely from margin call. and these shorts are so far negative it almost does not matter if we are at 50 or 60. that aside what will matter is them collecting enough shares on a daily basis to make holding and buying them slowly more profitable while paying interest than having to suck it up and cover. This is why holding is important if your goal is to push a squeeze.
Anyway was a good day and I hope you are all having fun.
You guys are a little too concerned with it being x dollar or Y dollar. don't get me wrong the option calls to up the price is cool but the money everyone wants is the shorts covering likely from margin call. and these shorts are so far negative it almost does not matter if we are at 50 or 60. that aside what will matter is them collecting enough shares on a daily basis to make holding and buying them slowly more profitable while paying interest than having to suck it up and cover. This is why holding is important if your goal is to push a squeeze.
Anyway was a good day and I hope you are all having fun.
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Just an idiot passing time waiting on my trip to the moon.
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