I don’t understand why people fret about it reaching 1,000. Bitcoin is worth 50 racks. The market absolutely will allow AMC to go that high, if it’s possible.
You also have to factor in how critically important this is to the post-covid recovery effort. The resurgence of AMC - with its stock hitting astronomical highs - isn’t just good for the company, but it’s a spectacular win for the economy.
Stop confusing this AMC squeeze with the GME surge. Two different scenarios, one a meme pump and dump, the other a legitimate climb by a company with a promising forecast.
AMC’s stock is about to make a lot of people happy, if not rich. It’s good business and good for America’s morale.
This is not financial advice.