AMC Entertainment (NYSE: $AMC) Short Squeeze Summer 2020 ☀️🍉
AMC Entertainment Holdings, Inc., through its subsidiaries, involved in the theatrical exhibition business. The company owns, operates, or has interests in theatres. As of March 12, 2021, it operated approximately 1000 theatres and 10,700 screens in the United States and internationally. The company was founded in 1920 and is headquartered in Leawood, Kansas.
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TYPO! --> 2021
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Will do Video Update on $AMC sometime soon. We just cashed out 111 of our 1,412 shares @ $19.50. These were purchased @ $7.70 average via Robinhood.
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Sold 133 shares premarket @ $31.08. Still holding strong with 1,168 shares.
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Posted Video Update.
Trade closed manually:
Just unloaded my final 800 of my original 1400 shares of $AMC @ $7.70 average. The buy volume is very low & the RSI showing signs of exhaustion on 12 hour chart. Sorry Apes, but there is just too much risk at the high price of $52 per share!
