AMC Warns Short Sellers of Possible APE Short Squeeze
AMC has released a report warning shareholders from the risks of buying APE shares as the company gets ready to sell up to 425 million shares. However, the report also warned short sellers of the possibility of an APE short squeeze. APE traded below $2…
Did AMC Stock Just Bottom Out?
AMC stock surged to $4.92 closing up +21.18% on Wednesday. No major catalyst moved the stock, though trading volume did exceed almost twice its average volume of 26 million. The movie theatre chain stock demonstrated strong bullish price action today,…
Big Reddit Stocks Worth Putting on Your Watchlist This Year
Reddit stocks have become more and more popular as we saw penny stocks such as GameStop (GME) and AMC Entertainment (AMC) explode to all-time highs during the ‘meme stock’ frenzy two years ago. In late January of 2021, GameStop shares rose to…
Will Shorts Be Forced to Close Positions in APE?
A new proposal by CEO Adam Aron has been circulating the retail community where shareholders will get to vote on the conversion of APE equity to AMC common shares. Shareholders are anticipating short sellers will close their positions in APE if the…
Webull Increases AMC’s Short Selling Fee Rate to 56.99%
The fee rate to short AMC stock on Webull is now 56.99%. The broker has labeled the movie theatre stock as ‘hard to borrow’. AMC’s short selling fee rate is quite high compared to much larger cap companies. For example: Tesla (TSLA),…
