"AMC is a cultural movement to speak out against malpractice, corruption, and fraudulence in the stock market, and working to build a better market, more trustable market everyday." (Trey Trades)
For those of you who have been in investing AMC since Feb, you should probably know the potential of the AMC squeeze. That's if you do your DD & research. The amount of shorts used against AMC & GME are insane (this does not include those naked shorts - WHICH ARE ILLEGAL btw & them using dark pools to trade)
The media always paint AMC as a "meme-stock" and wants people to believe that the squeeze is over. NO, THE SQUEEZE HASN'T BEGUN YET.
People should do their research on AMC company instead of just listening to the media. It is the largest movie theater chain in the world that was founded in 1920 - 101 years in business.
Do know that some of the media outlets are being bought out by hedge funds to spread FUD - Fear, Uncertainty & Doubt. They want us to believe that the squeeze is over and want us to sell. THAT IS NOT TRUE. Hedge funds and short sellers have not yet covered their positions - if you include those naked shorts and synthetic shares, the price of AMC will be insane when they cover! ?? #margincall
In the days to come, when the price of AMC starts to get even higher, know that there will definitely be more FUD spreading around. Do your own research and check the sources.
It does not cost us to hold but it costs millions/billions of dollars for the hedge funds to short the stock. (Cost to borrow, interest etc)
Know the reason WHY you bought the stock. Stand to your conviction - THIS IS JUST THE BEGINNING!
https://www.google.com/amp/s/www.businesstimes.com.sg/stocks/amc-now-worth-more-than-half-the-companies-in-the-sp-500%3famp
#AMC #AMCtothemoon #GME #HODL
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