Retail investors have been steadily buying each and every dip of AMC stock over the past few months as AMC stock share price and trading volume has slumped. Below in the image Fidelity shows retail investors top buys and sells on a daily basis and ranks each stock by the top number of orders placed per day. AMC Stock as of last Friday (March 25th) shows almost double the buying pressure to selling pressure from the retail investor front. This is a common sight to see on a daily basis as the retail investors have been hammering the buy button for the last year. With more and more buying pressure and increased overall trading volume, it is only a matter of time that retail investors or AMC Apes see a huge jump in share price.
AMC Trading Volume
AMC Stock has been known in the past to be one of the heaviest traded stocks of all times. During the initial meme stock rally back in 2021 AMC Stock was seen to have been traded hundreds of millions of times during a single session. Although high trading volume does not mean a stock is going to increase in value, historically speaking AMC Stock did very well in the past when trading volume was at an all-time high. In the past 5 trading sessions pictured below, AMC’s trading volume is finally starting to look similar to the last major run up back in 2021.
AMC Short Squeeze Triggers
AMC Stock has recently had multiple “Short Squeeze Triggers” issued by Ortex. The last of these short squeeze triggers were issued on March 22nd for AMC Stock. Ortex issues these types of short squeeze triggers when a stock has a high chance of squeezing in the short-term future. Although these alerts as all things are just a warning that a short squeeze has a chance to occur, and does not mean it is going to occur.
Adam Aron $HYMC Investment
As many of you know by now CEO Adam Aron announced to Twitter that AMC is purchasing a 22% stake in the gold and silver miner company, Hycroft Mining Holding Corp (HYMC). This seems to have been an important catalyst for AMC Stock as since this news has been released, it feels as if things are starting to go into motion for AMC Stock as well as some of the other names like GameStop. Adam Aron also took to twitter expaining his joy that Hycroft Mining $HYMC was able to raise a whopping $195 Million dollars in just a matter of two weeks. This feels like the bullish catalyst that can start the short squeeze all the AMC Stock investors have been waiting for.
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