FINALLY! π₯ 30m SHARES RETURNED, 100m SHARES TO GO π₯ - AMC Stock Short Squeeze Update
1,234The end is near for the hedge funds, AMC still has a lot more room to run, 30m shares being returned cause a 100% price run to $70. There are 100m shares on loan... do the math.
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Links;
https://www.reddit.com/r/amcstock/comments/om4rzj/why_i_think_amc_still_has_a_lot_more_room_to_run/
Even though exchange reported short interest data shows shorts falling, the reported shares on loan is increasing, hedge funds are miss marking shorts and therefore not reporting them.
Hedge funds are also failing to deliver on trades, and shorting through dark pools, causing even more unmarked shorts/late reported shorts.
Hedge funds have been shorting all week to drive the price down, this can't keep going forever as interest is being paid, transaction fees are being paid and most importantly, shorts aren't decreasing, they're increasing.
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