GOOD NEWS for AMC Holder, dont paperhand just yet
$AMC Entertainment(AMC.US$
Just for everyone's information, I actually made an analysis on the volume of AMC. Currently, the long volume is low and short volume is increasingly high meaning to say that the float availability of AMC is running out and hedge fund is manipulating the market to make the stock price drop whilst making it all seems the hype is over. But if actually look closely to the trend, so much of high short volume but the depreciation of the price is decreasing slowly, it showcases a bullish momentum if we all continue to hold the share. This way theres no way the hedgies can last because the availability of amc stocks is all time low right now and they will not be able to cover their short. So continue to keep holding, if you want this stock to go to the moon, the reason its taking so long and its dull its because AMC opportunity presented is not like GME, which initially have more than 100% of its float shorted, AMC only had 30% for the start. So do your math, we definitely need more time for the short squeeze to happen. People who paperhanded early will deem to regret, like the ones who did in the range of $9-14. This trend is similar as before, and it always will.
Just for everyone's information, I actually made an analysis on the volume of AMC. Currently, the long volume is low and short volume is increasingly high meaning to say that the float availability of AMC is running out and hedge fund is manipulating the market to make the stock price drop whilst making it all seems the hype is over. But if actually look closely to the trend, so much of high short volume but the depreciation of the price is decreasing slowly, it showcases a bullish momentum if we all continue to hold the share. This way theres no way the hedgies can last because the availability of amc stocks is all time low right now and they will not be able to cover their short. So continue to keep holding, if you want this stock to go to the moon, the reason its taking so long and its dull its because AMC opportunity presented is not like GME, which initially have more than 100% of its float shorted, AMC only had 30% for the start. So do your math, we definitely need more time for the short squeeze to happen. People who paperhanded early will deem to regret, like the ones who did in the range of $9-14. This trend is similar as before, and it always will.
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I am a long-term value-growth investor. Having value investing as my core investing philosophy while I seek growth.
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gojiberry : Well said!
Ricky138 : something to add on...AMC is 2nd meme stock they dealing with & after their experience with GME, they know how to prevent the squeeze seen in GME
Ricky138 : they might also be subtly mining profit from other stock shorting to finance the battle at AMC
foxnot : Just bought last night, if drop more tonight will buy again.