Quote (NetflixAdaptationWidow @ Jun 20 2021 01:06pm)
It's possible the hedge funds are lieing about how much short volume they have. That kind of manipulation is a very real thing.
I'm just saying that unless you assume there is 10x under-reporting of short positions then this is not going to squeeze.
I believe there is some fuckery going on with this stock, doesn’t make sense how a few re res who bought AMCX made that one go up to $70 but when millions of people go to AMC it still doesn’t sky rocket. Something is keeping it down, and the lid will soon blow. Either way, you can turn $1 into (at minimum $100).
People in January took options for $1-$2 and those options today are worth 7K. Just talked to a guy that has one expiring next year, this isn’t a retail dump, this is a war.
People on Wall Street really thought the theater was gonna disappear and it hasn’t, it survives stupid covid lies, and now it’s going through a huge flood of investors. It’s a win win versus a $2 bet that the hedgies said it wasn’t even worth.