$AMC Entertainment(AMC)$ '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!
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