AMC Stock: Running Of The Bulls Knocks Short Sellers Down

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AMC Stock: Running Of The Bulls Knocks Short Sellers Down

Thestreet2021-08-26

The August 24 trading session provided AMC stock (AMC) -Get Report owners with reasons to be optimistic about a run towards new peaks. Possibly motivated by broad market movements that were also ...

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ilovekirby
·2021-08-27
AMC to the moon and beyond!!! ???
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- keane3921:
  Like pls
  2021-08-29
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Staceh091
·2021-08-27
To the moon they say. Like pls
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1
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Vincentcrx
·2021-08-26
I like this stock!
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1
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tigernaut
·2021-08-26
?
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Gari
·2021-08-26
Back to the moon!
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4
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gupzbajaj
·2021-08-26
Which moon???
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1
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onlyYou
·2021-08-26
ok
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3
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RS142
·2021-08-26
Good
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WLtan
·2021-08-26
Great
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2
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KDL
·2021-08-26
Yes, to the moon pls.
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- zjings:
  comment
  2021-08-26
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lololol13
·2021-08-26
Please like thanks
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- Yingss:
  Ok
  2021-08-26
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ssw04104
·2021-08-26
K
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- erickhoosg:
  ok
  2021-08-26
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Holla
·2021-08-26
Like pls
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2
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Ferocious
·2021-08-26
Ok
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2
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- Racoon:
  [Great]
  2021-08-26
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- C1238:
  Yes
  2021-08-26
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- Ferocious:
  .
  2021-08-26
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Alvin1975
·2021-08-26
Like pls
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- Alvin1975:
  Like pLs
  2021-08-26
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gstrader
·2021-08-26
Nice
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6
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Ahsiang
·2021-08-26
Like pls
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1
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nelson21
·2021-08-26
Pls like and comment
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- CeeeKay:
  good
  2021-08-26
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Possibly motivated by broad market movements that were also ...</p>\n\n<a href=\"https://www.thestreet.com/memestocks/amc/amc-stock-running-of-the-bulls-knocks-short-sellers-down\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AMC","symbol_name":"AMC院线","start_time":0,"source_url":"https://www.thestreet.com/memestocks/amc/amc-stock-running-of-the-bulls-knocks-short-sellers-down","article_id":"1197918153","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1197918153","pubTimestamp":1629948466,"sourceInfo":null,"weMediaInfo":null,"summary":"The August 24 trading session provided AMC stock (AMC) -Get Report owners with reasons to be optimis","collect":0,"end_time":0,"defaultTopTitle":"thestreet.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"AMC":"AMC院线"},"translate_title":"AMC股票：多头跑路击倒卖空者","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AMC":0.9},"content_text":"The August 24 trading session provided AMC stock (AMC) -Get Report owners with reasons to be optimistic about a run towards new peaks. Possibly motivated by broad market movements that were also positive, AMC surged 20% and finally broke into the $40 levels once again.\nNot yet satisfied, ambitious apes still believe that the recent move in AMC is just the tip of the iceberg, and that the path to the moon is gradually being paved. Wall Street Memes reviews AMC stock’s recent performance.\nBroad market strength\nThe US stock market had a record-breaking dayon August 24. In a week marked by chatter around monetary policy and the Jackson Hole symposium, vaccine approval news and the Chinese market’s retraction helped to fuel the market’s euphoria in the US.\nAMC trading volume reached about 220 million shares on August 24, more than double the average 10-day metric.\nFigure 1: AMC historical data and trading volume.\nBullish drivers\nAMC’s popularity across the main online discussion boards remains at peak levels. The top meme stock’s performance mirrored WallStreetBets’ commentary volume, although correlation does not necessarily mean causation.\nFigure 2: WSB ticker sentiment - AMC.Swaggy Stocks\nShort interest remains elevated and on the rise, at around 18% according to Yahoo Finance. Also, Wall Street analysts' bearishness towards the stock has served as fuel for defying AMC apes in their quest to squeeze short sellers out.\nThe company’s recent financial performance may also be playing a role in stock price action. The above-expectations Q2 earnings report, which pointed at a scenario of post-pandemic recovery for AMC, reinforces the fundamentalist thesis. Keep in mind, however, that meme mania has much more to do with momentum and market dynamics than with business fundamentals.\nSEC looking closely at dark pools\nOne of the biggest complaints and concerns of AMC shareholders is the lack of transparency in the market. There seems to be a consensus among the ape community that dark pool activities and naked short selling could be hampering AMC's ride to new highs.\nRecently, SEC Chair Gay Genslerspoke directly on the matter, stating that the agency is looking closely at dark pool activities to protect investors. While no firm action has been taken yet, the SEC’s willingness to address the issue can be seen as positive news.\nShort sellers get slapped\nWith over 92 million AMC shares currently shorted, sellers have racked up billions of dollars in losses since meme mania emerged. The latest data provided by third-party research reveals that, as of July 20, shorts had incurred year-to-date losses of $3.8 billion.\nShort seller losses are probably even higher now, since AMC stock has spiked 20% in August alone. Amid a new wave of optimism, bears might be playing with fire. How long will they withstand the upward pressures? Apes’ bet: not very long.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":810748637,"gmtCreate":1630019506929,"gmtModify":1676530199470,"author":{"id":"3585873168332779","authorId":"3585873168332779","name":"ilovekirby","avatar":"https://static.tigerbbs.com/150e39396270b3385fcaa9d5b241a4e1","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"AMC to the moon and beyond!!! ???","listText":"AMC to the moon and beyond!!! ???","text":"AMC to the moon and beyond!!! ???","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/810748637","repostId":1197918153,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5678983,"gmtCreate":1630195991710,"gmtModify":1663233045355,"authorId":3584355133514261,"author":{"id":3584355133514261,"authorId":3584355133514261,"name":"keane3921","avatar":"https://static.tigerbbs.com/f91e2aa3ce2d41b7ddd61125b2e64e06","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":810748637,"type":1,"supId":0,"prevId":0,"content":"Like <u>pls</u>","text":"Like <u>pls</u>","html":"Like <u>pls</u>"}],"langContent":"EN"},{"id":810703692,"gmtCreate":1630002126816,"gmtModify":1676530197417,"author":{"id":"4090731496030300","authorId":"4090731496030300","name":"Staceh091","avatar":"https://static.tigerbbs.com/803403d6c671d7e8149e6dcdbd7a208a","vip":1,"crmLevel":2,"crmLevelSwitch":1},"htmlText":"To the moon they say. Like pls","listText":"To the moon they say. Like pls","text":"To the moon they say. Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/810703692","repostId":1197918153,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":810253470,"gmtCreate":1629983075190,"gmtModify":1676530191531,"author":{"id":"3557137039793852","authorId":"3557137039793852","name":"Vincentcrx","avatar":"https://static.tigerbbs.com/4ab0e9af57913b86cf3a8697c6ddcd77","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"I like this stock!","listText":"I like this stock!","text":"I like this stock!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/810253470","repostId":1197918153,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":810640027,"gmtCreate":1629974972569,"gmtModify":1676530189045,"author":{"id":"3567239827558758","authorId":"3567239827558758","name":"tigernaut","avatar":"https://static.tigerbbs.com/66e331c670eb88443b88c6bdb76224cf","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":4,"crmLevelSwitch":1},"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/810640027","repostId":1197918153,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":810827684,"gmtCreate":1629965206548,"gmtModify":1676530186121,"author":{"id":"3576656671299150","authorId":"3576656671299150","name":"Gari","avatar":"https://static.tigerbbs.com/e82d9a5d72f2d905dd84f6bea5959cc8","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"Back to the moon!","listText":"Back to the moon!","text":"Back to the moon!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/810827684","repostId":1197918153,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":810820974,"gmtCreate":1629964033398,"gmtModify":1676530185848,"author":{"id":"3582203097187155","authorId":"3582203097187155","name":"gupzbajaj","avatar":"https://static.tigerbbs.com/b0441cdcbc87c9f271dee51139b52dff","vip":1,"crmLevel":3,"crmLevelSwitch":1},"htmlText":"Which moon???","listText":"Which moon???","text":"Which moon???","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/810820974","repostId":1197918153,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":810807585,"gmtCreate":1629959239547,"gmtModify":1676530184540,"author":{"id":"3581973193946918","authorId":"3581973193946918","name":"onlyYou","avatar":"https://community-static.tradeup.com/news/0108e9ddac2049295967c2731569e0d5","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/810807585","repostId":1197918153,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":810154396,"gmtCreate":1629955866115,"gmtModify":1676530183648,"author":{"id":"3574118564601995","authorId":"3574118564601995","name":"RS142","avatar":"https://static.tigerbbs.com/22d2d9b1f352da24e6ea75b557ac987a","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/810154396","repostId":1197918153,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":810151003,"gmtCreate":1629955110502,"gmtModify":1676530183366,"author":{"id":"3581912064711553","authorId":"3581912064711553","name":"WLtan","avatar":"https://static.tigerbbs.com/354ffef504de8ee7159ec0ecd8769350","vip":1,"crmLevel":2,"crmLevelSwitch":1},"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/810151003","repostId":1197918153,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":810126915,"gmtCreate":1629954296837,"gmtModify":1676530183182,"author":{"id":"3555537259700212","authorId":"3555537259700212","name":"KDL","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":0},"htmlText":"Yes, to the moon pls.","listText":"Yes, to the moon pls.","text":"Yes, to the moon pls.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/810126915","repostId":1197918153,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5653250,"gmtCreate":1629954371117,"gmtModify":1663232933152,"authorId":3578649295407163,"author":{"id":3578649295407163,"authorId":3578649295407163,"name":"zjings","avatar":"https://static.tigerbbs.com/3e172a823b6873913ac50532ea9531ec","vip":1,"crmLevel":2,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":810126915,"type":1,"supId":0,"prevId":0,"content":"<u>comment</u>","text":"<u>comment</u>","html":"<u>comment</u>"}],"langContent":"EN"},{"id":810114330,"gmtCreate":1629951786220,"gmtModify":1676530182485,"author":{"id":"3583916713249739","authorId":"3583916713249739","name":"lololol13","avatar":"https://community-static.tradeup.com/news/7f37b3b51c631ccbedbe01fdda7adf7d","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"Please 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