MICHAEL BURRY SAYS BUY AMC? π₯ β AMC Stock Short Squeeze Update
1,560Michael Burry recently tweeted about the state of the current market, saying there is a 94% correlation to the market in 1999. He also tweeted about the rise in options trading, suggesting a buy in AMC.
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Links;
https://www.reddit.com/r/amcstock/comments/pw0ri3/for_those_of_you_who_like_charts_here_is_2_for_you/
https://www.wsj.com/articles/individuals-embrace-options-trading-turbocharging-stock-markets-11632661201
https://seekingalpha.com/news/3744314-debt-ceiling-looms-but-blackrock-sees-little-chance-of-technical-default
https://www.reddit.com/r/amcstock/comments/pw7e98/post_about_citadel_who_lied_under_oath_is/
The debt ceiling is also looming ever closer, with the US treasury running dangerously low on cash, with only $179bn in hand, with an average rate of $20bn spend per day, giving them less than 9 days left.
We're also seeing the details of conversations between Vlad and Ken Griffin rising into mainstream media and onto popular boards such as r/Cryptocurrency, any media attention is great for this I think.
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