Can someone explain how a 100k floor is even possible?
how likely is it..?
if it is likely how long before that would happen
I have 10 shares as of right now
It's possible for GME, not so much for AMC.
It's a supply and demand play. GME only made 70m shares total. Only 50 million is tradeable, 20 million can't be traded on the market since the company uses them as compensation. Yet somehow hedgefunds shorted over 120 mil by January. Then almost 10 million retail investors bought in January, Thats why trading in January was halted. They dont have a way out.
Citadel had to stop buyin and refinance Melvin's their short positons into options contracts and then naked shorted on top of that. But they never had enough shares.
That's why GME's 3 month gains are 300% and AMC is only 100%. It's supply and demand. AMC has about 500m shares total because their CEO has dumped on these dudes for all year. Diluted 200 million shares in 4 months.
Only retards who don't understand math think AMC could possibly squeeze anything near GME. These stocks are trading on similar trendlines but GME's gains are 3x. It's not a coincidence