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Head's up, AMC is at the crux of a squeeze. The stock is highest in short interest (or very near the top) and had massive volume today pushing both up and down. Tomorrow is option contract expiration day, the stock is likely to go crazy.

This time GME is working more on social pressure pressure this time, you can notice something if you look at the meme stocks.

A bunch of meme stocks went up with GME and while AMC is the second best known meme stock, it had a different pattern unlike all the others. You can see that it was artificially held down. I'm not going to advice you one way or the other, but do some research. Type AMC into Youtube, watch people looking up stats or search it's short interest and other stats yourself. Remember that some institutional investors recently got in on AMC, so it's not just Retail investors pushing up right now.

Head's up, AMC is at the crux of a squeeze. The stock is highest in short interest (or very near the top) and had massive volume today pushing both up and down. Tomorrow is option contract expiration day, the stock is likely to go crazy. This time GME is working more on social pressure pressure this time, you can notice something if you look at the meme stocks. A bunch of meme stocks went up with GME and while AMC is the second best known meme stock, it had a different pattern unlike all the others. You can see that it was artificially held down. I'm not going to advice you one way or the other, but do some research. Type AMC into Youtube, watch people looking up stats or search it's short interest and other stats yourself. Remember that some institutional investors recently got in on AMC, so it's not just Retail investors pushing up right now.

(post is archived)

[–] 3 pts

I own a little AMC and I watched it climb last night after normal trading and then get torpedoed this morning. I smelled fuckery, and nothing would surprise me at this point.

[–] 1 pt

Me too, super fuckery happening. Check transaction volume, it's massive and doesn't make any sense.

[–] 1 pt

Friday was big. 144000+ call options, ranging from $0.50 to $8.00, expired in the money.