this must be the big run
$AMC Entertainment (AMC.US)$ big run today predicted on webull and reddit by the cult of bagholders. Headgies aren't fukt, yall got played by AA...
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Stock_Pup : Don’t be so sure.
Stock_Pup : Anything can happen out of the blue in this world.
EasyGravy OP Stock_Pup : but of course
Stock_Pup : I saw earlier this morning a sell limit of 20 some odd dollars. I have not seen that in a long time. As far as AA he will always have his own best interest at heart. He has a lot of shares as well. I am sure he wants the stock price to rise like any holder.
EasyGravy OP Stock_Pup : you seem reasonable. Go pull up the last 10 amc quarterly statements, add the net loss collumn from those earnings reports, then ask yourself if you still wonder why funds are shorting this.. It's mathematically impossible for amc to ever get out of debt, they lost 345million on their best sales quarter in 9 years.. basic math
Stock_Pup EasyGravy OP : I can’t blame shorts for going after the company. Fundamentally speaking, it was the right play. However, I am sure during 2021 , they (hedgeFunds/retail that was shorting with the trend, did not expect it to go over 70. Let’s see what the future holds.