May. 13 at 8:31 PM
$AMC the hedge fund discovery just jumped in for
$48 million. They are going to squeeze out the shares and bank on the higher bid and ask. Check out the 13 G filings and the 5 days to cover paired with a low liquidity. If this is the perfect set up for a Gamma squeeze with a 20%+ short interest on just the retail side. Why would they not squeeze out shorts for a catalyst play? It’s the same 19%+ short interest and 5 days to cover back in 2021 when it squeezed up. I promise you when hedge funds are joining in for the squeeze. There’s nothing stopping them. Discovery is a big player and they’re watching the Gamma charts. Not only that but the fundamentals are there and the charts are signaling an A+ set up. You really think big money is going to short the stock for a smaller return or join in on the squeeze both parties know There’s more room for the upside than the downside. Look at the Algo trades struggling to exit positions. It’s too late to get out.