AMC has been trading in the $30-$40 range comfortably ever since its climb to $72 per share.
AMC’s short interest is still relatively high.
However, we have seen the short interest come down a little.
Could it be small short positions are being covered? Perhaps.
The holidays are coming up.
Who’s going to cave in first?
Welcome to Franknez.com – today’s blog article is going to be relatively short (no pun intended). Will AMC squeeze this year?
Let’s get started!
Apes, the holidays are just around the corner.
DON’T DIP INTO YOUR INVESTMENTS.
Just kidding, I can’t tell you what to do with your money.
But something incredible is happening here.
We’re trading above $40 per share and the short interest has gone down a little.
Looks like some short sellers could be cutting their losses or collecting whatever little profit they made now.
This is great for apes going long on AMC because as more shorts begin to cover, AMC’s share price will continue to skyrocket.
And we know there’s a ton of shares available that have yet to be covered.
Apes VS Short Sellers
Who will cave in first?
Will it be you or them?
We’ve been in the middle of this tug-a-war game all year.
The difference between the community and short sellers is that we’ve achieved a lot along the way (major shade).
I want my (vegan) tendies too damnit.
But I won’t maximize my profits by selling now.
Could I cash in 5-figures? Yup.
Not looking to cash in 5-figures though 😉.
I’ve been writing about AMC all year and I am not going to sell now 😂.
I’m very well aware of how many of you feel.
Some of you are like me.
You don’t care how long this takes although you’d like for it to have happened months ago.
For others, every day AMC doesn’t squeeze kills you!
We must learn to detach our emotions from our investments and trust our convictions.
It’s True AMC Can “POP” Anytime
That’s because at any moment big shorts can deflate the short interest by covering their short positions.
And when that happens, it’s MOASS time.
So in reality, AMC can squeeze by the end of this year, or not.
What’s cool to see is that majority of you are willing to HODL strong.
Holding AMC at this point is long-term.
AMC’s Q3 earnings call was spectacular to say the least.
As AMC Entertainment continues to innovate, I’m confident we’re going to see the stock price rise in the months to come.
Leave a comment below.
Are you going long-term too?
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Read: Year may end in short squeeze cyclical rallies says analyst
I Love being an APE…
We’re in this together!🚀🌝💲💲💲💲
I’m buying more AMC for the holidays & everyone I know is getting an AMC gift card for Christmas.
Holding since January and will continue until MOASS
I’m not selling till I get the price I want
Long game now. And most of us are thinking less capital gains next year. So we are just going to hold and buy more while price point is still good.
Looking forward to power moves and less capital gains taxes no doubt! 🔥🚀
To the moon brother! 🍿🦍🚀🌔
I think they are waiting it out; for many to lose patience and withdraw, or for the people who simply need that money back. A smaller amount to cover. But it will still be in the millions. I’m selling my shares of in 5 stages, and my first 20% is at $1000 a share, I do believe it can go as high as $5000 per share
Always have a plan ☝
I do not know English, I am using the Google translator, sorry if there is something wrongly written, I have not been in this fight from the beginning, and I am a newbie in this investment, I joined in June, I have been buying on the downs and I have gone down the average price, reading your articles I get excited about the AMC community, for your clarity and enthusiasm of your articles, I will retain until the time that is necessary, until the price goes to the moon hahaha, A question according to the analysis and the positions that remain to be covered, what would be your price prediction when MOASS occurs?
Got into AMC after the GME show in January, and continue to add on my position as the weeks go by. Made my decision to ride this rocket until it reaches the Stars. I have nothing but time, even if it takes another year or two.
The important issue at hand is that government has allowed some investment companies, hedge funds & backs to act unethically. This NEEDS to Stop ! Change has to come from the Heart of our so called: Leaders !
Ive just tried to forget I have it. Closing my business and some good crypto flips have made that easier. It is my opinion that the Hedgies believe most of us drop during the holidays bc we will need the money. I don’t know if that will happen but that’s certain what they must think.
Hodling strong brotha 💪