These Two Signs Will Tell You a Short Squeeze is Over
How will we know when a short squeeze is over? There’s going to be signs traders will want to keep an eye out for. In this article, I’m going to be going over them in detail and will be using AMC and GameStop as examples. Be sure to read to…
Executive Order 14032 Could Be a Big Deal for AMC Stock
Biden’s executive order 14032 replaced Trump’s executive order 13959 last year. Executive order 13959 prohibited financial institutions to use Chinese securities as collateral, momentarily. This propped up margin calls because of the large…
AMC and GME Stock Get Halted During Trading Surge
AMC and GameStop were halted shortly after the market opened this morning. AMC stock reached a high of $34.09 and GameStop reached a high $199.24 before plunging. The halts seized the ‘meme stocks’ from soaring, momentarily freezing momentum.…
AMC Short Sellers Suffer More Than $750 Million
AMC short sellers are facing massive losses. Short sellers have lost more than $750 million in the past two weeks alone. AMC is up more than 84% in the past five trading days closing up more than 44% today. Should we expect more price surges this week?…
CEO Strengthens AMC Theatres by Acquiring Cinemark Cinema Lease
AMC Theatres is reopening Cinemark’s former lease as AMC Evanston 12 in Chicago. AMC Entertainment showed much strength after it announced it was refinancing its debt and bringing former Frito-Lay executive Ellen Copaken on board. Now the…
