I Really Mean It
Veteran
Why would there be a sell off?
The AMC Stock Discussion Thread
- Thread starter I Really Mean It
- Start date
people moving to GME
I Really Mean It
Veteran
Lol, only an idiot would move to GME.
I Really Mean It
Veteran
10 months after its alleged 11% SI, we know that AMC’s current SI is far higher, apes own the float several times over, and it currently has the largest amount of FTDs of any stock on Wall Street.
Anyone suggesting AMC isn’t just as much poised to hit the moon as GME is full of shyt and not to be taken seriously.
Anyone suggesting AMC isn’t just as much poised to hit the moon as GME is full of shyt and not to be taken seriously.
Why do you say that
I Really Mean It
Veteran
Because AMC is as big of a play. I own both, though most of my shares are in the AMC camp.
Short interest being high is only one part of the equation.
What makes AMC unique is that the overwhelming majority of shares are owned by retail.
17% short interest is way more than enough for a squeeze if they are forced to start covering in large numbers.
As of today reported numbers are that AMC short interest is actually higher than GME.
Both are still in play, but the situations aren’t entirely the same.
as it was mentioned before, GME people feel threatened by AMC so they always have had a thing out for bashing AMC. But ultimately there’s way more than enough money to go around investors in either one should feel confident in their choice.
What makes AMC unique is that the overwhelming majority of shares are owned by retail.
17% short interest is way more than enough for a squeeze if they are forced to start covering in large numbers.
As of today reported numbers are that AMC short interest is actually higher than GME.
Both are still in play, but the situations aren’t entirely the same.
as it was mentioned before, GME people feel threatened by AMC so they always have had a thing out for bashing AMC. But ultimately there’s way more than enough money to go around investors in either one should feel confident in their choice.
Gme is too expensive for many
Uchiha God
Veteran
Leavingtheecstasy
All Star
They officially default on saturday
Chinese Government gonna bail them out though....no meltdown sadly...
Nobody knows, it goes against their so called policies. The only bailout I see is them covering their citizens who are about to lose their life savings.
I'm betting they will provide a rescue plan, too much is at stake to let their real estate economy go down in smoke. They will get help, they don't want to be Recession 08 the 2021 version.
The only problem is that it doesn’t end with evergrande
