AMC stock: Good research | $2/ share -> $60/ share | Short squeeze

June 2, 2021

Introduction

If I can do good research this January, 2021, then I should have understood short squeeze; What if I understand wallstrbet's strong influence on the stock, I could afford to purchase $2/ share 10,000 shares in January, then I will figure out there is small chance to win big, 30 times more turn in the market less than six months. 

Yahoo -> Finance -> Conversation 

Good research starts from a lot of reading. I plan to spend time to read as many comment as possible, and then put together all ideas new to me as an active investor. 

What's amazing is these shareholders hold so much of AMC stock, and it's not listed in any major stock market index. The company is worth more than $30 billion (even more than fellow meme-stock GameStop (GME)). But due to the practically overnight gains, it's not in any major index like the S&P 500, S&P Midcap 400 or S&P SmallCap 600. Gains are fanned by speculation on online stock messaging boards like Reddit. And "short" shareholders betting against AMC stock, and forced to buy shares to stop losing money, only add fuel.

8 hours ago

@Jack remember the last time it hit $25 it fell to 5.50 down 80% in 3 weeks back in January. And it fell 50%+ three times since then. 

9 hours ago

Heard the same thing just before GME tanked. Shorts have been covering. There are now shares available to short. There's a point when you're just getting greedy. Doesn't hurt to take money off the table.

9 hours ago

Maybe, maybe not, but fundamentally it'll be down below $10 eventually no matter how much gambling people do. You're just throwing dice. Will it hit $90 tomorrow or fall to $30. You're completely gambling. It already bizarrely hit $73. I would tell every short NEVER cover, NEVER. Let every single long sell and wait for 8 earnings statements that show longs they are holding something worth $0. Let market makers lose billions. HOLD the short