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AMC Entertainment: Another Stock Getting The Squeeze

Published 01/27/2021, 02:10 PM
Updated 07/09/2023, 06:31 AM

GameStop (NYSE:GME) isn’t the only target of the squeeze team. Just look at AMC Entertainment (NYSE:AMC). It was $1.91 earlier this month. Now, it’s in the mid-teens. Let’s just all agree that paying huge leases on empty movie theatres isn’t a great business model, but that obviously doesn’t mean anything any more.

AMC Entertainment Daily Chart.

The volumetells the story.

AMC Entertainment Candlestick Chart.

Don’t forget headphone powerhouse Koss:

Koss Daily Chart.

Latest comments

This happened with Whiting Petroleum last summer.  For no apparent reason, it sky rocketed in less than a week. Like 2 days.  The company was bankrupt at the time. From about .20¢ to @$3.50. Then, absolute crash.
Last summer. Whiting Petroleum.  I'd sell first thing tomorrow.
I will buy it , you go naked and buy NAKD
need to put regs in place. no company should be shorted by more shares than what is actually outstanding .
You SOB I’m in! Using max margin and my entire portfolio
I like this stock.
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