Skai
2021-08-09

$AMC Entertainment(AMC)$ 's financial is expected to be extremely good due to the opening of theatres, having lots of blockbusters and the company is teaming up with other companies for live actions.

As it's being shorted heavily by hedge funds, including naked shorts and it has huge support from stubborn retail investors, the current price is extremely undervalued.

As a result, we are expecting the price to go up tremendously after the report. However, if the shorts decide to give a final round of heavy attack in order to bring the price down before they cover (buy back), AMC may experience some minor dipping of price before it rockets again.

Not a financial advisor but have read up a lot on the news, including from the CEO of AMC, and have done some analysis using common sense.

AMC is going to rock this week!

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • homosapien
    2021-08-09
    homosapien
    numbers don't lie, they can buy time and we have all the time ??????
    • SkaiReplyhomosapien
      Hope they will get margin call soon! Haha. More Melvin capital in the making.
    • homosapienReplySkai
      I'm looking at the official numbers vs. price action for that period. In July they shorted a lot bringing it to low 30s, 100m shares on loan is too delicious for us ??,see their tricks again n again
    • Skai
      True! The short interest is way too high. Too bad we can't find out the amount of naked short ?
  • Wuwuwu
    2021-08-09
    Wuwuwu
    I guess it's gonna drop some more before shoot up. I'm waiting for the dip. ✌️
    • SkaiReplyWuwuwu
      We aren't HFs and thus can't predict what crazy move they would make. Congrats!
    • WuwuwuReplySkai
      seems like it's going up than down. wrong prediction. anyway, bought another 30 lot
    • Skai
      Same here. Will buy the dip.
  • Hanzone
    2021-08-09
    Hanzone
    Nice bro. I share a less positive and prudent approach tho ? Regardless of pov, Im holding for You ??
    • Skai
      As long as we will go to the moon together eventually! I'll be hodling for everyone of us too!
  • RobinStocks
    2021-08-09
    RobinStocks
    Moon Gang
  • Hobbyist
    2021-08-09
    Hobbyist
    Amc to the moooon
  • MUHAMMAD
    2021-08-09
    MUHAMMAD
    MOTHER OF ALL SHORT SQUEEZE!
    • Skai
      MOASS. We will wait for it!
Leave a comment
24