Amc Shareholders have a lot to be excited about after the last week of trading. Amc did have somewhat of a rough start to the year, although to be fair in 2022 almost every stock across all sectors have taken quite a hit. Below are a list of stocks showing returns so far in 2022.
- S&P 500: down 8% (4,804 to 4,419)
- AMC: down 29% ($26.67 to $18.88)
- TSLA: down 27.5% ($1189 to $860)
- HOOD: down 27% ($18.39 to $13.35)
- AMZN: down 10% ($3,409 to $3,070
- AAPL: down 7.6% ($182.63 to 168.67
- FB: down 35% ($340 to $220)
In the last trading session stocks were hit hard once again because of various news and bearish catalyst investors have been hit with day after day it seems.
What was shocking to see during the bloody selloff on Friday is that AMC Stock squeezed out a small gain and even closed green.
AMC STOCK BULLISH CATALYST
-AMC Utilization 100% VIA Ortex
-Broad market is selling off which could force margin calls for hedge funds who are still short amc stock forcing them to liquidate.
-Melvin capital is on the brink of disaster.
-@CEOAdam tweeting about the short interest.
-Batman movie early data is showing VERY Bullish.
-cash flow positive
-1.8 billion in bank
SHORT INTEREST AND 100% UTILIZATION
Amc’s short interest has gone up a lot over the past few weeks indicating more short sellers are hoping to cash in on amc stock moving down in price. Amc rose over 20% last week and the apes hope it stay on track to hit higher highs this upcoming week.
The Short interest reports this week are going to play a huge role in whether the retail investors decide to continue to buy even more share.