this is exactly the reason why

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Squarehood
2022-01-01

this is exactly the reason why Fintel needs to pass the new reporting standards

#AMCSI40: Why AMC Stock Investors Are Up in Arms Over Supposed ‘Glitch’

The power of digital armies to move meme stocks has been well documented. This is particularly true

#AMCSI40: Why AMC Stock Investors Are Up in Arms Over Supposed ‘Glitch’

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MamaLee
·2022-01-05
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This is particularly true ","content":"<html><head></head><body><p>The power of digital armies to move meme stocks has been well documented. This is particularly true as they have emerged as a dominant market trend in 2021.<b>AMC Entertainment Holdings</b>(NYSE:<b><u>AMC</u></b>) has enjoyed a year of significant growth, much of which was spurred by its digital investor army, who call themselves “AMC Apes.” AMC stock recently surged on the release of the highly anticipated <i>Spider-Man: No Way Home,</i>but a new social media trend has proved that it isn’t done yet. An alleged technical glitch has led to a trending hashtag: #AMCSI40. Indeed, the conversation surrounding AMC stock has turned to its rising short interest.</p><p>What’s Happening With AMC Stock?</p><p>All day, <b>Twitter</b>(NYSE:<b><u>TWTR</u></b>) has been buzzing with speculation since popular trading platform <b>TD Ameritrade</b>reported that AMC stock had a short interest (SI) of 40.25%. This type of speculation, combined with the massive social media traction it quickly generated as #AMCSI40 caught fire, has sent AMC stock rising all morning. It is up 3.54% and shows no signs of slowing down today.</p><p>Naturally, the ape army was quick to spring into action. #AMCSI40 has been trending all morning as the stock has risen on short speculation. But as of now, it’s unclear how accurate much of the information going around is. Attempts to verify it has not yielded anything conclusive.</p><p>Why It Matters</p><p>It’s important to note that other venues have reported different data. Ortex lists AMC’s SI as14.85%, which, while high, is not as significant as an SI of more than 40%. One Twitter user claimed yesterday that Fintel, a leader in the field of short interest data and analysis, was listing AMC’s SI as over 40%. However, as of today, Fintel lists the company’s short interest as18.84%. As this figure is much closer to that provided by Ortex, it seems like a further indication that the 40% number may be faulty.</p><p>One recent tweet allegedly provided data from <b>RBC Direct Investing</b> that the number was accurate. Another provided the same from <b>Ally Investing</b>. The response it received, though, has been overall quite skeptical.</p><p>Others took the mindset that the number is indeed a glitch, reminding users that AMC has seen plenty of glitches during the past year.</p><p>One user reached out to TD in an attempt to verify the information. While he shared the responses he received, they did not yield anything conclusive.</p><p>As the stock has continued to rise, though, one user who claims to be affiliated with<i>Benzinga</i>touted the benefits of a bullish play on AMC.</p><p>That certainly seems to be the general consensus among the ape army this morning, as many users have pushed for bullish plays. It seems the apes are employing the battle cry of “buy the dip” and urging their peers not to sell right now, even as pressure mounts amid short squeeze speculation.</p><p>What It Means for AMC Stock</p><p>This case of mixed data makes for very tough calls. While everyone seems to have some theory of alleged contact with a brokerage house to offer, no one has been able to produce anything concrete to serve as conclusive evidence that AMC’s short interest is actually as high as has been speculated.</p><p>As of now, all we can do is watch and wait in hopes that a trusted source will offer some insight. For retail investors, this type of data is crucial. When it is skewed, chaos can easily ensue. However, if any digital army can withstand this type of heat, it’s the AMC apes. We’ll be watching closely to see if it truly is a glitch or something more serious.</p><p></p></body></html>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>#AMCSI40: Why AMC Stock Investors Are Up in Arms Over Supposed ‘Glitch’</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n#AMCSI40: Why AMC Stock Investors Are Up in Arms Over Supposed ‘Glitch’\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-31 10:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/12/amcsi40-why-amc-stock-investors-are-up-in-arms-over-supposed-glitch/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The power of digital armies to move meme stocks has been well documented. This is particularly true as they have emerged as a dominant market trend in 2021.AMC Entertainment Holdings(NYSE:AMC) has ...</p>\n\n<a href=\"https://investorplace.com/2021/12/amcsi40-why-amc-stock-investors-are-up-in-arms-over-supposed-glitch/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线"},"source_url":"https://investorplace.com/2021/12/amcsi40-why-amc-stock-investors-are-up-in-arms-over-supposed-glitch/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1167718529","content_text":"The power of digital armies to move meme stocks has been well documented. This is particularly true as they have emerged as a dominant market trend in 2021.AMC Entertainment Holdings(NYSE:AMC) has enjoyed a year of significant growth, much of which was spurred by its digital investor army, who call themselves “AMC Apes.” AMC stock recently surged on the release of the highly anticipated Spider-Man: No Way Home,but a new social media trend has proved that it isn’t done yet. An alleged technical glitch has led to a trending hashtag: #AMCSI40. Indeed, the conversation surrounding AMC stock has turned to its rising short interest.What’s Happening With AMC Stock?All day, Twitter(NYSE:TWTR) has been buzzing with speculation since popular trading platform TD Ameritradereported that AMC stock had a short interest (SI) of 40.25%. This type of speculation, combined with the massive social media traction it quickly generated as #AMCSI40 caught fire, has sent AMC stock rising all morning. It is up 3.54% and shows no signs of slowing down today.Naturally, the ape army was quick to spring into action. #AMCSI40 has been trending all morning as the stock has risen on short speculation. But as of now, it’s unclear how accurate much of the information going around is. Attempts to verify it has not yielded anything conclusive.Why It MattersIt’s important to note that other venues have reported different data. Ortex lists AMC’s SI as14.85%, which, while high, is not as significant as an SI of more than 40%. One Twitter user claimed yesterday that Fintel, a leader in the field of short interest data and analysis, was listing AMC’s SI as over 40%. However, as of today, Fintel lists the company’s short interest as18.84%. As this figure is much closer to that provided by Ortex, it seems like a further indication that the 40% number may be faulty.One recent tweet allegedly provided data from RBC Direct Investing that the number was accurate. Another provided the same from Ally Investing. The response it received, though, has been overall quite skeptical.Others took the mindset that the number is indeed a glitch, reminding users that AMC has seen plenty of glitches during the past year.One user reached out to TD in an attempt to verify the information. While he shared the responses he received, they did not yield anything conclusive.As the stock has continued to rise, though, one user who claims to be affiliated withBenzingatouted the benefits of a bullish play on AMC.That certainly seems to be the general consensus among the ape army this morning, as many users have pushed for bullish plays. It seems the apes are employing the battle cry of “buy the dip” and urging their peers not to sell right now, even as pressure mounts amid short squeeze speculation.What It Means for AMC StockThis case of mixed data makes for very tough calls. While everyone seems to have some theory of alleged contact with a brokerage house to offer, no one has been able to produce anything concrete to serve as conclusive evidence that AMC’s short interest is actually as high as has been speculated.As of now, all we can do is watch and wait in hopes that a trusted source will offer some insight. For retail investors, this type of data is crucial. When it is skewed, chaos can easily ensue. However, if any digital army can withstand this type of heat, it’s the AMC apes. 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