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?…
Investors To Pull Out $250m From Hedge Fund Coatue Management
Investors are trying to pull out $250 million from hedge fund Coatue Management. However, the hedge fund is not allowing investors to cash out in full. Sources say Coatue Management is withholding $33 million from client redemptions. Let’s break it…
AMC’s Surging Volume Will Trigger a Short Squeeze
AMC’s trading volume surged to 147.8 million on Wednesday. Prices have surged more than 39% in the past 5 trading days and almost 130% since the past year. Investors who have held the stock since last March have more than doubled their gains in the…
GME Shorts Face Nearly $500 Million in Losses from Surge
GME shorts are suffering approximately $500 million in losses from GameStop’s price surge today. GameStop soared to $123.14 per share, up almost 31% from its previous close of $94.20. And GME shorts are facing the wrath of retail investors yet…
