Will AMC squeeze This Year?
The Fool thinks you should sell your stock, but retail investors aren’t budging.
Mainstream media who serve hedge funds in a conflict of interest have been egging retail investors to not buy the stock all of 2021.
If you listened to The Fool who told you not to buy AMC when its share price was low, then you would have missed out on a trade that went as high as 3000% in gains!
While the runup to $72 per share might have caused AMC’s short interest to drop to 14% from 20%, AMC’s short interest has now gone up to 22%.
Ladies and gentlemen, AMC stock has plenty of room for growth in 2023.
Welcome to Franknez.com – the blog that provides retail investors market news with integrity. Today we’re discussing AMC’s short interest data to determine whether it will squeeze in 2023.
Let’s dive right into it!
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Mainstream media wants retail to lose
It’s no secret the financial platforms who have been attacking AMC stock are tied together.
Wall Street Journal’s parent company is News Corp., who also owns Barrons, MarketWatch, and DOW Jones Newswire.
Well, there’s a relationship between Citadel Securities’ CEO Ken Griffin and News Corp (he owns stock).
This creates conflict of interest because of the influence these people in power have who are shorting AMC stock.
Citadel Securities is one of the top 10 financial institutions shorting AMC stock.
So, let’s look at the data that shows whether or not AMC will squeeze in 2023.
Read: 5 Big Signs Pointing to An AMC Short Squeeze
AMC Short Interest Data (2023)
AMC’s short interest is currently at 24.26%.
The short interest tells us the percentage of a stocks float that is being shorted (shares have been borrowed and not yet closed).
Because AMC is heavily shorted at 24%, this is a short squeeze play in 2023.
A 24% short interest is equivalent to approximately 195 million shares on loan (shares that have been borrowed and have not yet been closed).
When AMC’s short interest dropped from 22% to 14% (6 points), the share price rose to $72 per share.
New short positions have brought AMC’s short interest up to 24% again meaning there are many shorts that have yet to be squeezed from their positions.
AMC’s short interest for 2023 is updated here daily for free, via Ortex.
Whether AMC’s stock price is up or down, the short interest tells us a large portion of AMC’s float continues to be shorted.
The short interest is the main recipe for a short squeeze.
Related: Are Institutions Preparing to Close Short Positions in AMC?
Will AMC Squeeze in 2023?
AMC has a high enough short interest to squeeze shorts from their positions in 2023.
Sitting at 24% short interest, it’s more than enough to get the price up well into the high hundreds of dollars per share.
Whether regulators will investigate naked shares, FTDs, and other forms of counterfeit shares for hedge funds to cover is another topic.
AMC will need momentum if it’s to see another massive runup in share price.
Furthermore, hedge funds will lead their customers into losses for the second year in a row if retail investors continue to buy and hold the stock in 2023.
AMC Entertainment stock has plenty of room for growth and mainstream media doesn’t want you to know it.
Related: How Big Could an AMC Short Squeeze Potential Surge?
Who is AMC stock for?
AMC stock is for the retail investors who are willing to take a little risk to multiply their investment through a short squeeze play.
A short squeeze play is a long commitment with incredible upside.
If you’re lucky enough to get involved in the ape community you’ll find yourself fighting for a fair and transparent market, where your voice means everything.
Also Read: AMC’s Rising Borrow Fee Rate Spells Trouble for Short Sellers
Reasons why AMC wont squeeze in 2023..
I’ve always been transparent with the community.
There are many of you who got in when I first began publishing the data early last year and are sitting on unrealized gains today.
And although AMC could have squeezed during various occasions last year, there are still things that can hinder AMC from squeezing this year.
Here’s a list of things that will refrain AMC from squeezing shorts from their positions:
- Retail investors start selling AMC stock
- Retail investors stop buying AMC stock
- New buyers aren’t introduced to the stock or short interest data
- Number of day-traders increase
- Regulators don’t enforce margin calls / protect retail from market manipulation
The AMC community has not had a problem holding or buying the stock.
One of the biggest problems the community faces today is regulators not protecting retail investors against the predatorial strategies from hedge funds.
The community has always been a beacon for change.
Apes will need to voice market concerns to elevate awareness.
Related: These Two Signs Will Tell You a Short Squeeze is Over
Latest Market Regulation/Proposals
AMC stock had multiple chances to squeeze in 2021, however, hedge funds always found a loophole that would prevent them from reporting information, or trading stock in the lit exchange.
Market manipulation continues to be a threat to every retail investor in the market.
AMC Entertainment was on the brink of extinction, it was about to go bankrupt.
Hedge funds took this opportunity to overleverage their short positions in the stock, betting it would close forever.
Once retail investors got in and saved the company, the community uncovered a number of market manipulation tactics that allowed hedge funds to prevent the stock’s share price from soaring.
The fight for a fair market continues in 2023.
For the ape community, this is more than just a short squeeze play.
It’s about freedom.
Read: Strategist Says Mother of All Short Squeezes is Here
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Related: Is an AMC Squeeze Probable in 2023?
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