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Posted on 3/10/21 at 7:54 am to finchmeister08
Not an expert, but this is the mindset of many on AMC. Similar to VW situation awhile back
This post was edited on 3/10/21 at 7:57 am
Posted on 3/10/21 at 8:06 am to finchmeister08
quote:Easy. The squeeze hasn't happened yet. If shareholders hold, it is inevitable. There is a finite amount of the stock. Utilization is at 100%. Shorts who haven't covered, are paying 14% interest RIGHT NOW on that debt. Just that alone, makes it inevitable. Meanwhile, the hedges that are upside down on this, are doing everything they can to get the price down. Massive short-ladder attacks, all kinds of psychological games, etc. Now throw in the new SEC rules, their rope just got massively shortened.
Can y’all explain why AMC hasn’t skyrocketed to the 100s yet like GME?
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