When will amc squeeze movie#

It's up to you to decide if you belive this or not.Ģ021 Finra Short interest Publication DateĪMC Jan 2021 squeeze started on Jan 26-27ĪMC 2021 May -20% Pull back before squeeze begins on May 25. I was digging through my files and luckily I found it! I included 2021 GME and AMC chart below. I started to check info and data every day since then and surprsing thing I found was when squeeze happened, it happened exactly on these end of Finra Publication Date. One of the reason I started to take seriously on these play was when I sold my AMC shares right before 200-400% squeeze in end of Jan 2021. I've been in this squeeze play for 2 years since 2021. I know some people from 2021 already understand this but this is for people who never experience squeeze cycle. He ended his statement with the words, “ We will continue to take bold, decisive action to strengthen AMC for the future.Hey, Apes! I am seeing some poeple who are wondering when squeeze will begin. CEO and Chairman, Adam Aron briefly mentioned the past ventures of AMC, which included the infamous investment in Hycroft Mining (HYMC: US) and launching NFT programs. This was an almost 429.8% increase from the company’s revenues for Q1 2021. Mentioning the success of past movies like Spider Man: No Way Home, The Batman, Doctor Strange in the Multiverse of Madness among others, AMC reported gaining $785.7 million revenues. The headline was that Bridgewater had sold its shares of TSLA and bought stakes in AMC as well as Gamestop Corp (GME: US).įurthermore, AMC reported its earnings for Q1 2022, and the numbers were eye-catching. The same day, AMC gained another investor in the investment management firm, Bridgewater Associates, founded by Ray Dalio. Not too far back, on May 16, the central bank of Switzerland announced that it raised positions in multiple American stocks, including AMC as well as Apple Inc (AAPL: US) and Tesla Inc (TSLA: US). AMC reported that its theaters welcomed as many as 4 million customers to watch a screening of “Top Gun: Maverick”.

When will amc squeeze movie#

Immediately, the movie went on to gross more than $100 million during the single weekend, not only competing to be the highest-grossing film of Tom Cruise’s career but also skyrocketing entertainment stocks, like AMC. Released almost 36 years after its prequel, “Top Gun: Maverick” opened on the Memorial day weekend. While there were many optimistic events going in the entertainment stock’s way, one long-awaited film release could be responsible for the above price soar. The next day, on May 27, it closed at $14.43 marking a price rise of nearly 22.80%. To add to it, the number of shares on loan has risen to 175,401,216 the latter being its highest number year-to-date.ĭespite the ongoing shorting, the bullish news is that AMC soared by almost 26.57% in the past 5 days. The utilization rate is 100%, as it has been since February 07. It eventually picked up pace again, and now, for the past few days has been seeing large fluctuations.Īt present, AMC’s short interest rate is almost 33.94%.

The stock was priced at $26.52 on January 03 and fell in the third month of the year. Another Short Squeeze in the WorksĪMC stock saw a heavily bumpy ride since 2022-beginning. Considering the recent turn of events and a million-dollar movie release, it seems there is hope for AMC after all. Regardless, the stock’s followers, referring to themselves as Apes still held on. Ticket sales were still lagging due to social distancing measures, and Insiders were lowering their holdings due to the risk AMC was bringing. Back then, the company was still in recovery mode in the aftermath of the COVID-19 pandemic. With a current M Cap of almost $6.6 billion, AMC was previously covered on two occasions by 2iQ analysts in May ‘21 and June ’21.

Some stocks including AMC Entertainment Holdings Inc (AMC: US) have amassed a large following on platforms like Reddit. Meme stocks have been the rage in recent years.