More and more bigger media is touching topic on the possibility of AMC squeezing.
Seems they’ve warmed up to the possibility of an AMC short squeeze happening.
But all they’re doing is reiterating facts I’ve written over the years across numerous articles.
Nonetheless, it’s great press for retail investors aiming to squeeze short sellers from the play.
Of course there’s a possibility of AMC squeezing, the facts and data are there.
But what is the likelihood of AMC squeezing at any moment?
This is what no one else is discussing.
Though the answer may not entirely surprise you.
Let’s discuss how close or far away AMC is from squeezing this year.
Will AMC Squeeze ‘Again’?
AMC rose from just over $2 to more than $72 per share in 2021 — short interest had also come down from 22% to 14% signaling short positions closing.
Did an AMC short squeeze already happen?
Yes, but it was the second one in 2021.
See, the first one happened in January around the same time GameStop had its short squeeze.
Shares of GameStop rose to nearly $500 per share.
At the same time, AMC shares rose from $2 per share to $22 per share before coming back down and more and more retail investors coming in.
It’s rather strange what happened next.
They missed GameStop’s squeeze too, so AMC became very attractive, especially at such a lower price point.
This article was seen by more than half a million people and it attracted a lot of buyers to the stock.
Four months after the publication, AMC Entertainment stock squeezed to $72 per share.
Although many investors are still holding their shares in 2023, many of my readers ended up capitalizing on the move back in June.
AMC Gain Porn
Several readers were up 6-figures at some point.
One even shared the Polestar they purchased from their profits.
You can view more of these on my Instagram stories under the ‘gains’ highlights.
Bigger media outlets can’t relate to this — we really changed people’s lives.
While media platforms were saying to stay away from AMC stock, I said the short interest data is telling us a story of what may potentially happen and msm is not talking about it.
You saw what happened.
And the truth is, an AMC can still short squeeze in 2023.
Today’s data is just as relevant and just as strong as it was in 2021 when AMC saw big gains.
The only difference today is that we’re in a bear market instead of a bull market, creating a challenge in regard to liquidity and investor sentiment.
What is The Likelihood of AMC Squeezing at Any Moment?
AMC Entertainment stock is only one decision away from short squeezing.
And this decision will be made by short sellers.
All AMC needs to squeeze right now this very moment, or tomorrow, or next week, is for short sellers to begin closing their short positions.
If retail investors are able to create enough buying power to move the stock price up, like they did in 2021, then short sellers will be pressured heavily into closing these positions, initiating a short squeeze.
Since AMC’s cost to borrow the stock is so high in 2023, it’s getting harder and harder for short sellers to short the company.
This means retail investors have a bigger advantage now they didn’t have in 2021 when shares rose to $72 per share.
It’s retail investors who are the key to another short squeeze, always have been.
How high will an AMC short squeeze go?
In January of 2021, the stock surged to $20 and in June it surged to $72.
Where will it go in 2023?
You can read more about how big a short squeeze potential may go in a separate article here.
Share this article with the community and leave a comment down below.
Market News Published Daily 📰
Don’t forget to opt-in for push notifications so you don’t miss a single article!
Also, thank you to all of our blog sponsors.
This year we’ve been able to increase push notifications slots making it more convenient than ever for new readers to receive their daily market news and updates.
Scroll below to view my stock purchases this month!
Wondering which stocks Frank Nez is holding? Which stocks is Frank Nez buying?
Frank Nez is now sharing his exclusive and personal stock portfolio with readers, only on the Patreon.
11/16/2023 – Today I invested $1,000 in two different stocks for a brand new stock dividend portfolio I am creating for 2024.
Recommended For You ✨
- California Now Has Massive Departures As Hundreds of Thousands Leave
- The US Treasury Direct is Now Freezing Customer Accounts
- A Massive US Bank is Now Closing Credit Cards
- Florida Now Has Massive Departures As Hundreds of Thousands Leave
- A US Bank is Now Denying Customers Access to Money
- Chase Customers Now Unable to Access Money Through ATMs