The AMC community continues to have plenty of reason to believe that AMC will short squeeze still in 2022. If we calculate everything we currently know, from the short interest of 22%, to the fear mongering tactics of mainstream media and the high amount of fails to deliver, we can remain confident that the MOASS is on the horizon.
2022 AMC SHORT INTEREST DATA
We know that AMC has been heavily shorted for the past few years and currently is still heavily shorted. Currently AMC’s short interest is at 22.46%. Last year when we saw the AMC stock price surge to $72 per share, the short interest decreased from 20% to 14%. That being said, since the short interest is higher than it was last year during that price surge, we can expect that there may be an even larger surge on the horizon if short interest drops again. A 22.46% short interest refers to the percentage of a stocks float that have been borrowed and are waiting to be closed, or bought back. We know that financial institutions have many short positions open with AMC and at some point will need to close those positions, which will ultimately reduce the short interest and may cause the price to skyrocket.
WATCH OUT FOR MAINSTREAM MEDIA FEAR MONGERING
AMC investors are not naive when it comes to the mainstream media’s narrative regarding meme stocks. Mainstream media outlets are embarrassingly trying to convince meme stock retail investors that they need to sell now and get out while they can, and that meme stocks have no chance to survive. However, retail investors continue to not flinch with their fear mongering tactics. AMC retail investors are well aware that News Corp owns Barrons, MarketWatch and DOW Jones Newswire, and that they are also the parent company of Wall Street Journal. Conveniently enough, CEO of Citadel Ken Griffin happens to own a portion of the News Corp Stock — which means that we have a significant conflict of interest. We know that Citadel Securities is one of the many financial institutions that has heavily shorted the AMC stock, so if CEO of Citadel Ken Griffin has stock in News Corp, then News Corp certainly has reason to push a negative narrative to AMC retail investors in hopes of benefitting Ken Griffin and Citadel Securities.
HOW CAN RETAIL INVESTORS HELP
Now more than ever it’s important to continue to buy and hold AMC shares. The AMC community has remained strong for so long and it’s important to continue to share as much information and news as possible. Charles Payne has been a recent advocate for the AMC community and has voiced that he believes the stock price could reach $1,000 per share, which has been a huge push for the community. Apes have made it this far so any piece of information can help. Momentum is everything for AMC so it’s important for AMC retail investors to stick together. Eventually financial institutions and hedge funds will have to cover and close their AMC short positions.