In The Zone '98
Superstar
At any given time there are plenty of stocks that have "shorts on record".
When I pull up lists of stocks with highest short interest AMC isn't there any more and hasn't been for a while
Most Shorted Stocks
Stocks with the largest short interest positions updated on 6/16/2024www.benzinga.com
What makes AMC a better play than any other heavily shorted stocks now/ at any given time? The APE community? The fact the CEO said "bankruptcy is off the table" ?
I can't speak on the viability of other many other meme stocks because I'm not invested in their success for another potential squeeze.
All I can do is work with the present data on AMC/APE.
As I mentioned in August, there is a T+90 in regards to the deliverance of the APE units. We should see some upward price movement in mid November.
T90 is actually coming due for soon for the GME dividend that was supposed to be delivered in July.
Cohen has been fairly silent since his BBIQ play went down in flames. But we'll see in the coming weeks what works out with GME and if there are any further squeezes to come.
I'm chilling and waiting to see how this all plays out.