π₯ SHORTS ARE ADMITTING THE SQUEEZE WILL HAPPEN?! - AMC Stock Short Squeeze Update
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Links;
https://twitter.com/patroitguy/status/1707465936129949866
https://twitter.com/JoshSky01/status/1707071910641607019
https://twitter.com/AMC_Apee/status/1707181810856103960
https://twitter.com/InvestorTurf/status/1707358461065871553
It seems the shorts STILL haven't closed their short positions, news articles are mentioning only 'book profits', ie, unrealized profits, and the OBV is still showing continually high volume & share ownership, ie noting that shares haven't been sold/shorts closed.
This has lead to the shorts changing their tune, at first they believed retail would sell, then they believed it didn't matter if retail didn't sell as AMC would soon be going bankrupt, but now that AMC ISN'T going bankrupt, shorts are in trouble.
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#AMC #AMCStock #ShortSqueeze