$AMC Entertainment(AMC)$for investor’s who are heavily invested in AMC stock and especially those that are in the range of $40+, I wish that you will be able to cover majority of your losses when the squeeze does happen.
I have also realised that the stock price trend would increase when new movie (popular ones) are coming in which is not sustainable in the long run. Always remind yourself that the trend is always your best friend.
The best way to average it would be buying more stocks at a discounted price so as to average down your cost but bear in mind that you might never cover back your original cost if you are buying at a very high price, might sound awful if I put it this way but however this is something we should be mindful of. For now the shorts are clearly winning and hedges will need cover their shorts, but by how much? Nobody ever knows. Just my personal perspective (I am not invested in this stock, purely 3rd party perspective).
#apenation
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So shorts are trying to wash trade until AMC bankrupt