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| Topic | Stock Topic 18 |
| Colegreen_c12 01/29/21 11:10:46 PM #33: | StartTheMachine posted... Anyway, I'm still very bullish, at least for Monday mostly because of this reddit post I mentioned earlier, which I don't think has any misinformation just to clarify i'm not saying i think a short squeeze is impossible for amc. I was just stating that earlier thing you linked to fundamentally misunderstood how shorting works lol. Anyways about that reddit post its not wrong so much as exaggerating. Looking at https://iborrowdesk.com/report/amc there's 1,000,000 available the last check-in which was yesterday. There's no reports on either sites from today so its still vague. Basically its too hard to get clear accurate information about shorts to be sure of anything. The post is also misleading because he says the available shorts have gone down since a few days ago which is true. there were 3.3 million 3 days ago and 7.5 million 5 days ago but there multiple periods in the last month with sub 500k available. It's not like being this low is new for amc, it most likely just means there are less shares available to borrow in general. Basically I wouldn't be surprised if there is a short squeeze (although it would be mostly artificial due to people intentionally trying to short squeeze stuff) but amc's situation doesn't strike me as that uncommon short wise --- DPOblivion beat us all. ... Copied to Clipboard! |
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