AMC Entertainment
Long
Updated

$AMC next GME Infinite Squeeze

662
Just buy and hold and dont sell.
Trade closed: target reached
Trading at 8.23 +65.93% AH. Target reached
(9/11)

Will hold.
Note
Took some profits.
Be careful with this one. This is not Gamestop.

A warning:
- AMC has twice the share float
- AMC short float is only 36.5% vs. GME which has a 140% short float
- GME may have been once in a lifetime, Im not sure the same will happen with AMC, but it may get some momentum.
- GME short squeeze is being fueled by institutional money that smell the blood in the water, Blackrock owns 15%~ of GME shares. WSB is just the fall guy if SEC decides the step in. They wont do the same for AMC with only a 36% short float. It's only retail in it.
Note
WS will be out for blood.
Note
Out with the rest of my shares at 25 pre-market. GLTA
Note
AMC overtakes GME in marketcap

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