On its face, high short interest looks bad for a stock. Extremely high short interest shows investors are very pessimistic (potentially overly-pessimistic).Thanks. I appreciate the reply. So how far does this go?
How many shares would u need of either to see any type of $? Or what do you believe the price of a share can top out at realistically?
Also is what they did considered bad or just playing the game?
High short interest can be a bullish sign for a stock, because any positive news will force short sellers to buy the stock to cover their short bets. Funds buying the stock = higher share price
so we need amc to continue to rise, but more importantly, maintain its share price/volume