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 dollars, and Robinhood lost all trust along the way.
Mainstream media continues to attack the retail community and stock in short and distort campaigns – where media and short sellers collude to drive the price of a stock even lower.
So, while AMC Entertainment has now paved a path to recovery, short sellers have not left.
And the data that stood out when AMC surged to $20 per share in January and $72 per share in June, points to another massive runup.
Is a new AMC stock all-time high underway?
Let’s discuss it.
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AMC’s share on loan reaches an all-time high
When AMC stock’s all-time high reached $72 per share, it had roughly 102 million shares out on loan.
These are the number of shares being loaned to short AMC stock.
But short sellers did not stop shorting the world’s largest movie theatre chain.
No – instead they kept shorting it.
Today, AMC’s shares on loan have reached an ATH of almost 180 million.
This means short sellers have more shares on loan that need to be returned than they did when AMC’s all-time high hit $72.
These shares on loan eventually have to be returned back to the lender, and the only way to return them back is by purchasing the stock no matter the share price.
Short sellers have sold all these shares high as AMC’s share price has dropped for months, with many new positions holding unrealized profits.
But they’ll eventually have to close their positions, returning the borrowed shares back to the lender.
And when they do, AMC will run like it did last year.
AMC to the moon
AMC to the moon – the concept of AMC reaching massive heights as closing short positions skyrocket the share price.
But just how high will AMC stock’s new all-time high go?
Speculation has always depicted AMC reaching thousands of dollars per share due to the incredible amount of synthetics conjured up to short the company stock.
Could this be an ongoing, but controlled short squeeze?
TA (technical analysis) shows AMC’s next all-time high can reach upwards of nearly $300 per share.
Is it possible that each year regulators are dismantling this time bomb in order to prevent massive market disruption?
It’s an interesting idea, yet a highly probable scenario given just how overleveraged financial institutions such as hedge funds are on these plays.
If AMC stock is to reach extremely high numbers per share, I can only expect it will happen in increments, rather than in one blow.
I’d love to know what you think.
How soon will AMC stock go up again?
The entire stock market has been on a freefall, and AMC Entertainment stock is no exception.
Despite its incredible negative beta, institutions have been able to suppress the stock from moving upwards.
I’ve stated in several articles and videos that the market situation is following the SPY and NASDAQ very closely.
It’s the way for those in control to keep the market together.
AMC began to move up in late March reaching more than $34 per share before it was regretfully halted along with GameStop.
The market has been keeping these ‘meme stocks’ in check during this incredulous bear market.
Despite the market manipulation, not all hope is lost.
Margin calls are looming.
And institutions are about to lose an incredible amount of collateral due to executive order 14032.
Lack of collateral will result in the same margin calls that triggered AMC to run in January and June of last year.
Only this year, the collateral haircut is much greater, consisting of 70+ companies rather than 30.
We will see how this plays out.
What is your prediction for AMC in the coming weeks?
Leave your thoughts in the comment section of the blog down below.