i hope to see an impulse short lived rally up soon in AMC to near 46$.
once done we will be able to see some signs of strength on the stock, then likely to be met with a minor dip to the 36s or 41s. hard to say. which will trigger shorts to cover in this dangerous market.
Margin debt is at ATH and is even worse for heavily naked shorted stocks like AMC. We could be witnessing a GME like squeeze here and its hard to say what price this will go to.
When institutions cover it will be a massive squeeze.
I am also expecting a double top when the squeeze happens, as institutions MAY hold after its rally and buy back up all their short positions at cheaper prices resulting in a second rally after the squeeze. This will depend on their collateral, if we see a market wide crash during this we can see AMC hit record breaking levels, as institutions would be margin called.
This is a very volatile stock and am not a financial advisor.
FTDs remain in the hundreds of millions
TP AMC 1 = 200$
TP AMC 2 (FTD covered) = 400$
TP AMC 3 (FTD covered, Naked shorts covered, worldwide margin call ) = 1000$ (MOASS)
once done we will be able to see some signs of strength on the stock, then likely to be met with a minor dip to the 36s or 41s. hard to say. which will trigger shorts to cover in this dangerous market.
Margin debt is at ATH and is even worse for heavily naked shorted stocks like AMC. We could be witnessing a GME like squeeze here and its hard to say what price this will go to.
When institutions cover it will be a massive squeeze.
I am also expecting a double top when the squeeze happens, as institutions MAY hold after its rally and buy back up all their short positions at cheaper prices resulting in a second rally after the squeeze. This will depend on their collateral, if we see a market wide crash during this we can see AMC hit record breaking levels, as institutions would be margin called.
This is a very volatile stock and am not a financial advisor.
FTDs remain in the hundreds of millions
TP AMC 1 = 200$
TP AMC 2 (FTD covered) = 400$
TP AMC 3 (FTD covered, Naked shorts covered, worldwide margin call ) = 1000$ (MOASS)