My two cents
I know my advice would probably goes down to deaf ears, but I'll just try anyways.
If you read up the past case study of Volksvagen and GameStop, you'll find that short/gamma squeeze happens only at a very perfect storm.
For any short squeeze to happen, there must be a substantial naked shorts position (I'm talking about 75% of total outstanding shares).
And investors must be able to gang up to buy up and hold the remaining shares until their naked call matures.
Right now, the outstanding short interest is still a very far cry to being "substantial". You'll never be able to force them naked shorts sellers to grab on any outstanding shares.
If you hold now, what you're essentially owning is just a piece of overvalued common shares of a cinema line. There are good news out of this company, sure, but it's 1.) grossly overvalued based on its current/future prospect 2.) it'll never bring you to $100k it promise you.
Remember, Reddit and this forum consist of many person who isn't very savvy on investing theories . Do your own research and don't blindly follow anyone.
If you read up the past case study of Volksvagen and GameStop, you'll find that short/gamma squeeze happens only at a very perfect storm.
For any short squeeze to happen, there must be a substantial naked shorts position (I'm talking about 75% of total outstanding shares).
And investors must be able to gang up to buy up and hold the remaining shares until their naked call matures.
Right now, the outstanding short interest is still a very far cry to being "substantial". You'll never be able to force them naked shorts sellers to grab on any outstanding shares.
If you hold now, what you're essentially owning is just a piece of overvalued common shares of a cinema line. There are good news out of this company, sure, but it's 1.) grossly overvalued based on its current/future prospect 2.) it'll never bring you to $100k it promise you.
Remember, Reddit and this forum consist of many person who isn't very savvy on investing theories . Do your own research and don't blindly follow anyone.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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Gerald Buffet : U not wrong, but depends on government and pressure from retail investors. This AMC stuffs could force the government to create a equal playing field for all.
oohshit : agree
Machiavellis3rdEye : Really? Do you PROMISE us? You kind soul. Savin’ our hard-earned dough out of the goodness of your heart. Genuinely.... Thank you.
Machiavellis3rdEye Gerald Buffet: Yeah, there’s THAT thing.
TaMA_ChaN : Agreed to a limited extend.
1) You cannot proof 100% for sure it cannot squeeze.
2) The ‘perfect storm’ for the stars to aline is rare. But with the current situation, it is leading to the stars. With SEC looking into it, it may take months or years, but once it runs, it will break a new record.
3) According to you, I am holding a ‘over value’ stock. Not wrong but I only use what I can afford to lose. This baby if were to squeeze just to $1K, it already x100 my price. Btw i bough at $9.5 a share
FlaminHotDealz TaMA_ChaN: 1k per share great I have 60ish that means I have almost 100k!
harperoni : I like Ur advice but can share how many AMC stocks u currently holding? just wanna see if you are sincere in Ur advice haha
chubbybunny harperoni: Most likely none and just want to spread fud here acting all noble
Bubblemosh : Your two cents is absolute shit. Why do you care what anyone else does with THEIR money?? If you don’t like the stock you are free to Go anywhere else you would like. There are BILLIONS of Naked shorts on the stock. Only a fool would walk away from amc. We already Won. It just a waiting game.
RyantKing : This is Highly shorted stock, the daily volume is 50M and above, how many stocks have this kind of volume for months. Just hold and the shortists will cover
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