So interns all over social media to spread logical sounding FUD but not logical sounding DD?
Yes because there's no cost associated with owning AMC outside of the share price.
There's no "pump."
The only reason the price is up is because hedge funds shorted the stock beyond what's actually available (naked shorts) and retail investors found out.
Every day retail holds AMC = zero cost beyond the initial outlay
Every day hedge funds don't cover their position = millions and billions more that they owe
Hedge funds wanted to drive the share price down to zero. If AMC went bankrupt, hedgies would have made billions while paying no taxes since they wouldn't be required to on short sales if AMC went out of business.
Under normal circumstances, AMC is a $30 stock at best.
These aren't normal circumstances. The hedgies spend billions just to bring the price down a few dollars. AMC holders buy more when it dips and own more of the float afterwards. If the prices rise a few dollars, AMC folks hold.
If they theoretically drove the price back to $5, AMC retail holders would likely buy so much of the stock that they would own magnitudes more and hedge funds would have to buy back 5x more stock than they already have to buy back.
Plus the amount of $$$ to drive the price down that far would cripple the hedgies and they'd be done since the buying volume from retail would be so high...the price would spike up.
The DD supporting why AMC retail should hold....some is informative and some is "fanboy-ish." Anything mentioning timelines is problematic. There's no specific date....just hold and wait.
Hedgies wanna run the bill so high they get bailed out.