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AMC Entertainment Holdings, Inc. (AMC)

NYSE - NYSE Delayed Price. Currency in USD
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34.76-1.29 (-3.58%)
At close: 4:00PM EDT
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  • S
    Steven
    AMC short sellers lost $512 million after Monday's rally - Ortex

    Tue, June 15, 2021

    (Reuters) -Investors shorting "meme stock" AMC Entertainment Holdings are estimated to have lost about $512 million on Monday after a rally that sent the cinema operator's shares up more than 15%, data from financial analytics firm Ortex showed.

    By contrast, AMC short-sellers suffered $1.2 billion in mark-to-market losses for the week to May 28, when small-time traders on online discussion groups sent the stock up about 116% by triggering a phenomenon known as a "short squeeze".

    AMC shares were up 2% at $58.12 in premarket trading on Tuesday. The stock has surged more than 2,580% so far this year, riding a wave of support from individual traders who have come together on online forums such as Reddit's Wall Street Bets.

    Recent reports from brokerages Fidelity and Freetrade show AMC has been the most traded stock by their customers, many of whom are small-time investors.

    Market sources told Reuters last week that the volatility in AMC shares had led some professional traders to use options to limit their risk as they make bearish bets on the stock.

    AMC has raised funds in recent weeks by issuing fresh equity to hedge fund Mudrick Capital and selling stock "at-the-market", as it capitalizes on the blistering rally in its stock. It plans to use the proceeds to repay debt and for potential acquisitions of theaters.

    (Reporting by Sagarika Jaisinghani, Aaron Saldanha in Bengaluru and Sujata Rao in London; Editing by Anil D'Silva)
    Bullish
  • T
    The Golden Eagle
    NEWS OUT 40mins ago...latest facts on the short sellers on how much they lost yesterday!! DO NOT SELL AND HOLD...we are going past $60 and could see a high of $65 to close. see the news below and these are the facts.

    REUTERS

    AMC short sellers lost $488 million after Monday's rally - Ortex
    06/15/2021 7:05:40 AM

    (Reuters) - Investors shorting "meme stock" AMC Entertainment are estimated to have lost about $488 million on Monday after a rally that sent the cinema operator's shares up more than 15%, data from financial analytics firm Ortex showed.

    By contrast, AMC short-sellers suffered $1.2 billion in mark-to-market losses for the week to May 28, when small-time traders on online discussion groups sent the stock up about 116%, triggering a phenomenon known as a "short squeeze".

    AMC shares were down 0.1% in premarket trading on Tuesday. The stock has surged more than 2,500% so far this year.



    (Reporting by Sagarika Jaisinghani in Bengaluru and Sujata Rao in London; Editing by Anil D'Silva)

    Refinitiv logo © Refinitiv 2021. All rights reserved. Republication or redistribution of Refinitiv content, including by framing or similar means, is prohibited without the prior written consent of Refinitiv. Refinitiv is not liable for any errors or delays in Refinitiv content, or for any actions taken in reliance on such content. 'Refinitiv' and the Refinitiv logo are trademarks of Refinitiv and its affiliated companies.
  • V
    Vivi
    After $AMC reached ATH, today it's taking a break at $47.91. This is actually a great ending of this amazing week of $AMC. In fact, all data is pointing to a stronger uprun storm in upcoming weeks. Today's closing is way above old ATH, we know that

    * all open short positions before this week are deeply trapped,
    * more than 18M shares need to be delivered for the ITM calls expiring today,
    * potentially more than 10M shares are needed for next week call option delivery assuming price will go above 50 next Friday. This number can be way bigger if next Friday closing is much higher.

    In addition to what we have already known about $AMC in last few months, let's simply put together the followings to see what the current picture of $AMC is:

    * After 20M new shares going into the market, we can still stand at today's closing, way above old ATH, amazingly strong.
    * More importantly, the first 8.5M shares had almost no power to bring price down, and price recovered quickly after the second 11.5M shares out.
    * Today's closing was heavily suppressed to handle today's option contracts - this move was actually expected.
    * There will be no more new shares out to the market this year (according to news release). So the other side can no longer have this level of power by easily accessing to a huge number of shares within a week/days.

    And more

    1. All shorts before this week are trapped because today's closing is way above old ATH.
    2. Shorts receiving margin calls will have to buy-to-cover that will trigger short squeeze.
    3. Short squeeze will drive price higher to trigger gamma squeeze.
    4. Here (2) and (3) will keep pushing each other to drive price higher and higher.
    5. FOMO will bring more longs into play and drive price higher while price is rising up.
    6. Longs will buy more to take this unique opportunity.
    7. More foreign investors may join in like what happened in India and Korea.
    8. Shares available to short are drying out, so the other side will have less and less power to drive price down.

    We had a great week, but don't be surprised if you see FUD around this weekend. The above give us more than enough confidence to stay calm and relax on this weekend; the best for longs is to do so, enjoy the weekend and come back to the ride next Monday. Hold strong, buy the dip within capacity of spending and risk taking. We know that we are on the way up. GLTL.
    Bullish
  • D
    Donkey
    BREAKING NEWS courtesy of ORTEX:

    "Intraday Securities lending data shows that the lending of $AMC shares is down with 5.5 million shares over the day. This indicates that some #ShortSellers have started to close their positions."

    "To short a stock, you have to borrow it and then sell it.

    To return it, you have to buy the stock back, wait for it to settle before returning it to the lender.

    The shares returned today have not been bought today."

    // Yesterday the amount of shares covered were about 2,6M IIRC, and that sent us flying. I'll let you do the math on these supposed 5,5M. (hint: we are going interstellar)
    Bullish
  • S
    SexxxySexxxy
    Mudrick’s AMC Bet Backfires After Meme Frenzy Wrecks Hedges

    (Bloomberg) -- After weeks of profiting from the stock and debt of AMC Entertainment Holdings Inc., hedge fund Mudrick Capital Management ended up with a 5.4% loss after a derivatives bet went haywire.

    The fund, which specializes in distressed debt, suffered the losses on AMC after day traders pushed the movie theater’s shares up as much as 127% on a single day, derailing call options Mudrick had sold on AMC shares to hedge exposure to the company, according to a person with knowledge of the matter. The Wall Street Journal earlier reported on the losses.

    Up until the improbable surge in AMC’s shares, the firm founded by Jason Mudrick had been among the big winners on AMC securities after the hedge fund agreed to help keep the cinema chain afloat last year by committing to buy new debt issued by the company. That and other AMC positions helped the fund reap almost $200 million in gains in January, Bloomberg News previously reported. Then the firm bought about $230 million of new shares from the company in a deal announced June 1, shares it quickly flipped to day traders and other AMC enthusiasts for another profit.

    But that’s when things started to unravel.

    To protect the firm’s holdings from a market plunge, Mudrick sold call options that gave other investors the right to buy shares from him at pre-set levels -- most of which were at $40 or more -- well above any price at which the shares had ever traded.

    As AMC’s stock surged June 2 in its Reddit-fueled frenzy, the price suddenly blasted past the prices at which the fund’s counterparties could cash in on the call options, the person said. The hedges ended up losing 10%, causing the net loss of 5.4%.

    A representative for Mudrick declined to comment.

    Shedding Risk

    Mudrick no longer has exposure to AMC after unwinding all of its debt, stock and derivatives bets. The firm is still up between 12% and 14% for the year, the person said.

    A risk committee for Mudrick Capital met virtually on the night of June 1 and decided to exit all debt and derivative positions the following day, the person said. Mudrick sold about a third of its exposure before the stock surged even further on June 2 and was fully out by that afternoon. The firm sold its 15% first-lien bonds in the theater chain for 121 cents on the dollar, the person added.
  • B
    Big chungus
    Today is a big day, and this week is a big week. While $AMC share price has been suppressed in last few days, we just had the announcement today about $AMC share counts. The news release shows an image which all of us have recently been talking about, and it is basically consistent with what we thought.
    I am sharing a simple summary that may help to draw a clear and simple picture based on public data.
    - 501,780,240 shares outstanding as of June 2, 2021
    - approximately 4.1 million1 individual shareholders eligible to vote at the upcoming Shareholder Meeting
    - More than 80% of AMC shares are held by a broad base of retail investors with an average holding of around 120 shares.
    Shares held by retail investors ~ 80% x 501,780,240 ~ 401,424,192
    - As of June 9th, 2021 from a top brokerage firm:
    Institutional Stock Ownership 12.6%
    Institutional Mutual Fund Ownership 10.4%
    Mutual Fund Ownership 3.2%
    Insider Ownership 6.5%
    Other 67.4%

    Total of institution ownership:
    12.6% + 10.4% + 3.2% = 26.2%
    Total of the rest excluding individual retail investors:
    26.2% + 6.5% = 32.7%
    Equivalent number of shares covered by record excluding shares from individual owners:
    32.7% x 501,780,240 = -164,082,138 shares
    Shares needed to cover the records:
    -63.72M = 501.78M - 401.42M - 164.08M
    - Synthetic shares:
    total number of synthetic shares: Z
    naked shorts: X
    naked call contracts: Y
    other naked shares: W
    Z = X + Y + W
    Short interest:
    Assuming 21% SI which is about 100.4M shares
    Minimum number of synthetic shares from public records:
    100.4M - 63.72M ~ 37M (assume all 63.72M shares were still amid transactions, this is very unlikely)
    Hidden number of synthetic shares:
    U: a lot discussions in forums estimate that this number is huge.
    Minimum number of synthetic shares
    37M + U
    - Bottom line:
    37M or MUCH MUCH MORE synthetic shares will have to be covered by real shares, most of these shares need to be from individual investors.

    Hope this post can be helpful to some of you to understand the current picture of $AMC. The ride is still going forwards while it may not be as easy as some of you thought. GLTL.
  • V
    Vivi
    Sharing a draft about $AMC synthetic shares. While $AMC share price has been suppressed in last few days, we just had the announcement today about $AMC share counts. The news release shows an image which all of us have recently been talking about, and it is basically consistent with what we thought.
    I am sharing a simple summary that may help to draw a clear and simple picture based on public data.
    - 501,780,240 shares outstanding as of June 2, 2021
    - approximately 4.1 million1 individual shareholders eligible to vote at the upcoming Shareholder Meeting
    - More than 80% of AMC shares are held by a broad base of retail investors with an average holding of around 120 shares.
    Shares held by retail investors ~ 80% x 501,780,240 ~ 401,424,192
    - As of June 9th, 2021 from a top brokerage firm:
    Institutional Stock Ownership 12.6%
    Institutional Mutual Fund Ownership 10.4%
    Mutual Fund Ownership 3.2%
    Insider Ownership 6.5%
    Other 67.4%

    Total of institution ownership:
    12.6% + 10.4% + 3.2% = 26.2%
    Total of the rest excluding individual retail investors:
    26.2% + 6.5% = 32.7%
    Equivalent number of shares covered by record excluding shares from individual owners:
    32.7% x 501,780,240 = -164,082,138 shares
    Shares needed to cover the records:
    -63.72M = 501.78M - 401.42M - 164.08M
    - Synthetic shares:
    total number of synthetic shares: Z
    naked shorts: X
    naked call contracts: Y
    other naked shares: W
    Z = X + Y + W
    Short interest:
    Assuming 21% SI which is about 100.4M shares
    Minimum number of synthetic shares from public records:
    100.4M - 63.72M ~ 37M (assume all 63.72M shares were still amid transactions, this is very unlikely)
    Hidden number of synthetic shares:
    U: a lot discussions in forums estimate that this number is huge, its estimation could be more than 1B. Here are the cases we may basically have for synthetic shares:

    * The worst case:
    all 63.72M shares were overlapped with shorted shares (very unlikely), then
    synthetic shares are about 37M = 100.4M - 63.72M.
    * The best case:
    none of 63.72M shares is overlapped with shorted shares (very likely or very closely), then
    synthetic shares are about 164M = 100.4M + 63.72M.
    * The super best case:
    large number of hidden synthetic shares (very likely), then
    synthetic shares are much more than 164M
    * Conclusion with high probability:
    Minimum number of synthetic shares
    164M (known) + multiples of 164M (estimated)
    [Bottom line]:
    164M or MUCH MUCH MORE synthetic shares will have to be covered by real shares, most of these shares need to be from individual investors.

    Hope this post can be helpful to some of you to understand the current picture of $AMC. Data shows us that the time is getting closer. The current price volatility is just a part of the process. The ride is still going forwards while it may not be as easy as some of you thought. We know we are on the way up and will go much further. GLTL.
    Bullish
  • M
    Marcus
    APE SUPPORTING

    Copied in:

    Good morning all, A very nice day yesterday indeed. well done. There seems to be a lot of anxiety today about the squeeze. Relax, there is one item on today''s agenda and only 1. That is to keep the share price as high as possible at the close. $55 would be a very good thing, $60 would be an amazing number. I know that looking at $61 this morning it is easy to say we are on our way higher. Expect an epic price battle today. I don't think the shorts and hedges are ready to wave the white flag just yet.

    I want to address the $60 price tag really quick. At a close above $60 there will be a requirement to cover around 50 million shares. Why is this important? Well if retail all hold, and we are all still holding and not selling even 1 share, and the institutions and insiders hold, there are not enough available shares to be purchased. That would lead several of those options needing to be covered with Ape shares and then the gamma squeeze kicks in and the price begins to head toward where we all would like for it be.

    HOLD EVERY SHARE. Buy what you can, be careful with your spending, nothing is 100% certain no matter how good it looks right now. Ignore the noise, it may very well get loud in here today.

    Feel free to copy and paste this as many times as you want. I have a feeling this post will be deleted much like several of my posts from yesterday afternoon.

    This is the way. I hold for you, you hold for me and together we go forward toward history.

    Enjoy the day.
  • h
    howard
    $AMC conversation
    Boy this definitely warrants a short share recall. Numbers aren't even close to adding up with retail owning all of 500 million shares that doesn't include institutions, , borrowed etf's, and insiders. Now if we take all the shorts my guess is we are way, way, waaaaaaaaay beyond the 102 million reported by ortex today. We could be well over 1.5 billion shares short we just don't know. We must, must must call in the short shares as a shareholder with thousands of shares I believe it is necessary beyond a shadow of a doubt so I know my shares are not being diluted by synthetic shares. Yea or Nay shareholders this is a huge catalyst. We shareholders demand all short shares be recalled due to the numbers that just do not add up. "Yea or Nay"
  • R
    RTLH
    Today is a big day, and this week is a big week. While $AMC share price has been suppressed in last few days, we just had the announcement today about $AMC share counts. The news release shows an image which all of us have recently been talking about, and it is basically consistent with what we thought.
    I am sharing a simple summary that may help to draw a clear and simple picture based on public data.
    - 501,780,240 shares outstanding as of June 2, 2021
    - approximately 4.1 million individual shareholders eligible to vote at the upcoming Shareholder Meeting
    - More than 80% of AMC shares are held by a broad base of retail investors with an average holding of around 120 shares.
    Shares held by retail investors ~ 80% x 501,780,240 ~ 401,424,192
    - As of June 9th, 2021 from a top brokerage firm:
    Institutional Stock Ownership 12.6%
    Institutional Mutual Fund Ownership 10.4%
    Mutual Fund Ownership 3.2%
    Insider Ownership 6.5%
    Other 67.4%

    Total of institution ownership:
    12.6% + 10.4% + 3.2% = 26.2%
    Total of the rest excluding individual retail investors:
    26.2% + 6.5% = 32.7%
    Equivalent number of shares covered by record excluding shares from individual owners:
    32.7% x 501,780,240 = -164,082,138 shares
    Shares needed to cover the records:
    -63.72M = 501.78M - 401.42M - 164.08M
    - Synthetic shares:
    total number of synthetic shares: Z
    naked shorts: X
    naked call contracts: Y
    other naked shares: W
    Z = X + Y + W
    Short interest:
    Assuming 21% SI which is about 100.4M shares
    Minimum number of synthetic shares from public records:
    100.4M - 63.72M ~ 37M (assume all 63.72M shares were still amid transactions, this is very unlikely)
    Hidden number of synthetic shares:
    U: a lot discussions in forums estimate that this number is huge.
    Minimum number of synthetic shares
    37M + U
    - Bottom line:
    37M or MUCH MUCH MORE synthetic shares will have to be covered by real shares, most of these shares need to be from individual investors.

    Hope this post can be helpful to some of you to understand the current picture of $AMC. The ride is still going forwards while it may not be as easy as some of you thought. GLTL.
    Bullish
  • C
    Craig
    Reposted from Reddit ⚠️WHY IS AMC GOING DOWN: EXPLAINED⚠️

    First able, this is not financial advise but I have seen people asking this so much, so I'm gonna explain what is happening.

    Why does AMC keep going down even if we are holding? Because of MARKET MANIPULATION. Hedge funds know a way to trick the algorithm so that the numbers keep going down. They basically sell their stocks back and forth between them so that people start thinking that everybody is selling. This is known as short ladder attack (since the negative volume emulates the pattern of a ladder).

    Based on the Order Book (L2), the amount of BUY orders are way way way bigger than the amount of SELL orders. People are buying and holding, but yet the stock keeps going down. These numbers are psychological, market manipulation will not last forever and eventually the stock will skyrocket.
    AMC is the most purchased stock in Robinhood right now, which is basically all you need to know. AMC is not dead, in fact is the most hyped stock right now.

    Once the market manipulation stops we will win this fight. This is a patience duel. AMC is currently below negative 10%, which means SSR (Short-Sale Rule) will take place tomorrow Tuesday 9th. This means shorts will have it harder to short AMC and we have a chance to recover.

    Just stay positive, the Gamestop phenomenon took 5 weeks to happen. And even if AMC doesn't squeeze as expected, it is an over $20 stock. They have cleared debt thanks to this movement and people will go back to the movies now that the vaccine is being distributed. Also there are rumors that Amazon and Netflix would be looking to purchase AMC, which would be huge for current AMC stock holders. But these are just rumors.

    STAY POSITIVE, STAY STRONG. WE LOVE THE STOCK AND WE LOVE THE MOVIES!!!! 🍿🚀🍿🚀🍿🚀🍿🚀

    UPVOTE SO THAT PEOPLE UNDERSTAND WHAT IS GOING ON.
  • a
    antonio
    REPOST!! Billy Lowenstein · For all of the new baby apes. I know a lot of you have questions, and I thought it would be helpful to provide you with some overall context to understand the significance of the movement you just joined.
    Here’s the cliff note version. Covid hit last March and a couple of big hedge funds concocted a plan to drive AMC into bankruptcy by “shorting” it and make a ton of money in the process.

    You “short” a company when you think the value of the stock is going to go down. When the country locked down and AMC closed their doors and their revenue literally went to $0 overnight, it was a no brainer play for the hedge funds.
    So they started borrowing millions and millions of shares from brokers and sold them “short” at the market price at the time, and they pocketed the cash from the sale. The idea is that the stock price will drop, you can buy them back later at a lower price, and then return the borrowed shares to the broker and keep the difference. If the company goes bankrupt, the stock goes to $0 and they don’t have to buy anything back at all and keep everything. This is what they were banking on. They’ve done this to company after company over the years, and they saw this as a sure thing as any.

    Well a bunch of people on Reddit (affectionately known as “Apes”) noticed they were trying to drive AMC, GameStop and many other retail brick and mortar stores into bankruptcy, and banded together to buy up all the available shares, driving up the share price. This resulted in the mini squeeze in January. But Apes didnt sell after that. And the hedge funds didn’t cover their short positions either (I.e. buy back the millions of shares they had borrowed and sold short).

    The Apes kept buying and buying, and holding and holding, and once the real shares were all bought up, the hedge funds doubled, tripled and quadrupled down on their short position and started making synthetic shares (IOUs) and selling those shares into the market trying to drive the price down. When the price dropped, instead of selling like the hedge funds wanted them to, Apes said “thank you very much for the discount” and kept buying more and holding. Nobody has sold for the past 5 months since the movement really got started in January, and more and more people are jumping in and adding more everyday.

    Now because of all of the synthetic IOU shares the hedge funds have created to keep shorting AMC, us Apes likely own more way more shares than are actually supposed to exist (as much as 6x-8x by some estimates). But real or synthetic, each share the hedge funds sold short is a liability on their books that must be bought back in order to close out their position.

    They literally have hundreds of millions of shares, possibly billions, to buy back, and we own them all. They have to buy them back eventually, and every day that the borrowed short shares are still on loan, the hedge funds are paying interest to the brokers they borrowed them from. Meanwhile it costs us nothing to hold.

    Things started to come to a head a couple weeks ago because the interest rate on the borrowed shares was reported to be as high as 250% (1-2% is normal for your average stock), so the hedge funds are collectively paying hundreds of millions of dollars every day just to hold their position, and a lot of them are starting to miss the payments and margin calls could be coming very soon.

    That’s when the fun starts. At that point, the broker forces them to buy back all of the hundreds of millions of shares they have borrowed and sold short, because the broker doesn’t want the hedge funds’ recklessness to fall onto them. And remember, the Apes own all the shares and aren’t selling. The hedge funds can only buy a share for what an Ape is willing to sell it for, and us Apes really love our shares.

    Once the margin calls start, the computers just start buying back all of the shares at the best available price no matter what that price may be. They all have to be bought back. Everything must be settled. And if the cheapest price an ape is willing to sell for is 1,000, or 10,000 or 100,000, well then that’s what the hedge funds will be forced to buy the borrowed shares back for in order to close out their position.

    Apes are going to hold and hold and hold driving up the price further and further to make the hedge funds bleed as much as possible until they are inevitably forced to buy back their millions of shares. They will need to buy our shares, and we set the price. And remember, it costs us nothing to hold. This movement has been building for the past 5 months, but you just heard about it yesterday. One thing Apes don’t do is set dates for the squeeze. Nobody knows when it will happen, all we know for sure is that the math says it’s inevitable as long as we hold.

    REPOST!
    Bullish
  • R
    RTLH
    ORTEX Twitter Account: #AMC - Short Interest Update
    There has been a lot of share lending activity in $AMC today. #ORTEX has seen over 10m shares borrowed, and 17m shares returned.
    The current estimated #ShortInterest is 18.43% of free-float.
    Bullish
  • B
    Brandon
    1. The short interest of Volks Wagon when it sqoze to 1000 Euros ($1200 USD) was 10%. The short interest of $AMC is currently 13%.
    2. There are millions and millions of shorted shares covering tomorrow, most of which are between $58-$60. The higher we can get the price by tomorrows close, the more shares they will have to buy back, resulting in a bigger gamma squeeze. In my opinion, we're going to see a gamma squeeze tomorrow regardless, but the higher we can get the price, the bigger the gamma squeeze. If it's big enough, it will lead to a short squeeze.

    Stop watching the minute chart. Zoom out and look at daily chart. We are slowly rising even though the Hedge Funds are fighting us and trying to drop the price. There were 2.2 million shares shorted yesterday morning, resulting in the pre market drop. I'm sure they tried the same thing this morning.

    The question isn't if the squeeze will happen, it's if you're be in on it when it does!!
    Bullish
  • A
    Andy
    💥💥💥 AMC’s shares have gotten a boost from Reddit-fueled investors this year, sending the stock up 441% this year. But issuing 500 million shares would more than double the stock outstanding, diluting current investors’ interest.

    “Many of our stockholders are telling us to wait,” Aron said on Tuesday. “It is important to listen to these owners of our company, and that’s exactly what we are going to do.”
    Bullish
  • R
    RTLH
    AMC price will soar because:
    1. AMC is officially off the bankruptcy zone, thanks to the over $2 billion equity and debt capital the company currently has. The capital can last the company for the foreseeable future. Therefore, the risk of bankruptcy makes investors confident. This will likely further drive up stock prices as more investors buy the stock.
    2. AMC's recent rise in market value and share price increases have been largely driven by Reddit investors who the company says own over 80% of the company's over 480 million shares outstanding. We can expect the price to keep soaring as Reddit and other social media-based investors keep making the company's stock more and more popular on social media.
    3. AMC stock will likely rise to $100,000 due to the ongoing short squeeze to force short-sellers such as hedge funds to cover their losses. Short-sellers have already made millions of dollars in losses and as the short squeeze continues, share prices are expected to grow.
    4. AMC stock is one of the most shorted stocks at the moment. The fact that the stock is shorted makes it more likely for share prices to keep increasing as short-sellers are forced to abandon their positions and cover losses.
    5. AMC theaters are back in business after movie theater closures due to Covid regulations. The company's movie theaters are already selling out all their tickets, thereby attracting investors who see hope for the industry and expect profits to grow as the economy continues to reopen.
    6. AMC's CEO Adam Aron is inspiring the Reddit investors to continue supporting the stock and become customers by going to its movie theaters. The CEO has gone ahead to increase his online activities on Twitter to engage the investors and listen to their concerns. The continuous appreciation of the online-based investors by the company's CEO will likely push the stock price higher in the coming days.
    7. Recent price declines in cryptocurrencies such as Bitcoin have caused some investors to abandon cryptocurrencies and join the ongoing AMC stock frenzy. Given that AMC is now part of the so-called meme stock, it is likely that some of the capital leaving the cryptocurrency market is being invested in meme stocks. AMC is one of the best meme stocks for these investors at the moment. Therefore, further declines in crypto prices will probably attract more investors, thereby driving up AMC stock prices.
    8. Big companies such as the Vanguard Group are currently buying AMC stock. The fact that big companies are willing to buy rather than sell the stock shows that they believe in a positive future for the company. These big companies encourage other institutional investors to buy the stock, thereby increasing stock prices.
    9. Recent announcements by the Securities Exchange Commission that it is reviewing short-selling rules to properly protect small investors may also be a factor in contributing to further increases in AMC stock prices. If small investors know that the SEC will establish rules to protect them from the short positions adopted by hedge bets, then more small investors may be inclined to invest in AMC stock effectively increasing share prices.
    10. Recent battles between small online-based investors such as those on Reddit and large hedge funds who mostly take on short positions (short-sellers) that result in job losses are also driving up and will keep driving up AMC stock. Online-based investors continue to develop a liking for shorted stocks in order to stick it up to big hedge funds. Besides, AMC is currently one of the most held stocks at the moment. This will keep driving up share prices.
    Bullish
  • J
    Jack
    hedge funds are trying their hardest to short ladder $AMC. Just hold your stock, buy more if you can afford to! Check out real time trade stats by googling: "Nasdaq AMC real time trades" and you'll see all the trade orders are 100 share volumes every millisecond. These are desperate hedge funds trading their stocks back and forth for a lower and lower price, driving the price down. The price drop means absolutely nothing AS LONG AS EVERYONE IS HOLDING, this will explode! https://www.nasdaq.com/market-activity/stocks/amc/latest-real-time-trades
  • V
    Vivi
    A short message to share in addition to all positive information from others in this board.
    1. looking into the $AMC daily chart, a very clear volume-price divergence trend is shown in last three weeks.
    2. this data shows a potentially very strong uptrend run in following days/weeks.
    3. apparently short squeeze seems delayed by some force, this has been tried hard to try to shake off the paper hands, to buy more time as much as possible, to reduce the power of squeeze, etc.
    4. major margin calls seem not starting yet, it can start at anytime.
    5. newly approved NSCC-002 seems not really being executed in practice yet, when it is effectively in action, changes will immediately show up.
    6. price strongly standing around this level (mainly around $50~$60) for three weeks looks very much like a consolidation before a big blowing up.
    7. it seems a lot of "buy the dip" and FOMO catching up in last a couple of weeks.
    8. data shows still a lot of short attacks in last few days, hence price moves shows there has been no major sells from longs.

    Expectation will be that when the critical line is crossed, explosion follows, 🚀🚀🚀 time coming. GLTL!
    Bullish
  • D
    Daniel Plainview
    We broke through 60 multiple times today. Both the floor price and support levels keep rising. New AMC stockholders:Do not be discouraged by down days , focus back and realize we were trading at $2.04 to start the year. 2,500% gain ever since.
  • F
    Frank
    Hey everyone, to make no share available for the shorts to short, set your shares for sell at GTC with limit price at 100 or more so that your shares would not be in the loan list from your brokerage.

    Please like my comment so we can get this to the top of page so everyone can see.

    COPY PASTE AND SPAM !!!!
    Bullish
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