Market News: NSCC-2022-003 Approved
NSCC-2022-003 has been APPROVED. The filing replaced NSCC-2021-010 which was withdrawn on March 25th of 2022. The rule aims at providing a more stable environment for market participants and I’m going to break it all down below. Let’s get…
Is a New AMC Stock All-Time High Coming Soon?
AMC stock’s last time all-time high reached $72 per share. The stock had surged more than 3,000% last year when retail investors bought and held the stock, squeezing some shorts from their positions. As a result, Citadel and others lost billions of…
Hedge Fund Tiger Global on Brink of Shutting Down?
Hedge fund Tiger Global is on the brink of collapsing. WSJ reports the hedge fund is lost 52% for the year up to May. It was down 34% this year through March but the institution keeps sinking. Melvin Capital threw in the towel after suffering several…
Is There a High Chance AMC Squeezes This Week?
Is it possible AMC squeezes this week due to the executive order that’s going into effect? AMC finished the week strong up more than 20% last week. The movie theatre chain surged almost 18% on Friday alone. Stocks have been on a free-fall as the…
How High Will AMC’s Next Price Runup Go?
AMC’s high short interest data tells us AMC’s next price runup will be higher than its previous run from last year. The movie theatre chain company reached an all-time high of $72 per share when a few short sellers began to close their…
