URGENT! π₯ WHY ITS NOT GAME OVER FOR AMC! π₯ - AMC Stock Short Squeeze Update
451Is it Game Over for AMC? Well, the Motley Fool seems to think so, buy I, for one, do notβ¦ I explain why it isnβt game over for AMC stock, and why the squeeze WILL happen.
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The Motley Fool are kings of spreading FUD articles, trying to discredit the AMC movement and convince the newer apes to panic and sell their shares, but it isnβt working.
It is almost certainly not game over for AMC, the shorts havent covered, short interest is still very high, the AMC short squeeze isnβt based on fundamentals and the main stream media just doesnβt understand that.
From a supply and demand perspective, high demand + low supply = price goes up. High supply + low demand = price goes down. Clearly the hedgies are manipulating the supply, the apes aren't selling, so the shorts are borrowing shares and selling them (increasing their short positions) to ensure that supply outweighs demand and the stock falls.
If the hedgie covers these new shorts, the AMC stock will go back to $70 and they'll be left with all of their original shorts still to cover, as the covering cancels out the new shorts, but not the old ones, rising the price.
The hedgies are also running out of volume in the dark pool to increase their short positions.
This is why we're seeing an increase in bots and FUD articles.
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