$AMC next GME Infinite Squeeze
Updated
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. GLTANote
AMC overtakes GME in marketcap
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