$AMC Entertainment(AMC)$ June 2nd 2021: with covid-19 shutdown, the squeeze brought AMC share value to 726. now AMC is operating and making money and we squeeze 2nd round....the price of the share > 500 for sure.
C-Del and big short sellers are concerning the 2nd squeeze will be bigger than last squeeze by comparing the kitten's money....last squeeze = 50,000 and now = 100 millions C-Del lost the baby brother Melvin Capital due to the squeeze, probably worries about more baby brothers get belly up.....C-Del probably tells E-Trade to block the Kitty ๐
No reason this squeeze wonโt easily take us past ATHs! Ultimately the longs will set the price. Shorts canโt create enough synthetic AMC shares to counteract the MOASS without literally breaking the entire financial system. They are stuck!
Folks buy and hold the shares.... diamond ๐ hands will win again.
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