in the last post, I had about AMC I showed you we are on the 3rd wave of Elliott and the target could be $215. if this target is true it could have a butterfly reversal scenario. with this target and butterfly harmonic pattern I have calculated the 4th wave and the 5th wave of Elliott and the ABC correction. you could see the targets in the chart.
You cant seriously be projecting that AMC might break the top 50 biggest companies by market cap (at just below 100 billion) if it were to reach 215. I saw this and I thought it was a joke, just misleading and giving people false hope.
timb1515
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@Patsuan3, Doge has 30 billion market cap.... we are in strange times.
VooDoo7227
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@Patsuan3, If you take into consideration the short interest and the ability of the general public to not sell their shares, then you can see AMC possibility going to $215. VW was def not the most valuable company in the world when the short squeeze happened but it was for a short period of time. So to think AMC breaking the top 50 biggest companies for a short period of time, isn't that far fetched.