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re: So I bought some Gamestop(GME)

Posted on 1/26/21 at 9:28 pm to
Posted by Large Farva
New Orleans
Member since Jan 2013
8330 posts
Posted on 1/26/21 at 9:28 pm to
For those following gme from the beginning, does AMC look similar?
Posted by Hussss
Living the Dream
Member since Oct 2016
6745 posts
Posted on 1/26/21 at 9:32 pm to
Not even half the short interest as GME so not as much fuel behind it.

I’m looking to go long and jump on Mall REIT (symbol MAC) next. 80% short.

Everything heavily shorted is now being front run by the algos. They are literally spraying money everywhere. Insane but fun.

GL
This post was edited on 1/26/21 at 9:33 pm
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
31325 posts
Posted on 1/26/21 at 9:32 pm to
quote:

does AMC look similar?


I am not anywhere near as knowledgeable as many on this board, but I think it's not possible to answer that question. GME is running because a specific situation presented itself that a mass of people have been exploiting.

If by some chance over 100% of the float on AMC has been sold short, then I would say the answer is "maybe"
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 1/26/21 at 9:36 pm to
yeah but amc is more aggressively pumping than gme in the early stages which was a gradually and then suddenly type of surge

for this reason I think there is big money backing amc right now and not just the wsb retail bros
This post was edited on 1/26/21 at 9:40 pm
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