Finviz currently lists AMC as a ~36% short float.
Volume explosion yesterday on Friday and especially after BBBY and GME short squeeze fiasco, think people are trying to drive this up as well.
Fundamentals suck for this company and they really need a new management overhaul. Small position, but know that offerings and bankruptcy are always possible. Good luck!
Volume explosion yesterday on Friday and especially after BBBY and GME short squeeze fiasco, think people are trying to drive this up as well.
Fundamentals suck for this company and they really need a new management overhaul. Small position, but know that offerings and bankruptcy are always possible. Good luck!
Comment:
Hit the top trendline and rejected!