MAINSTREAM MEDIA IS AGAINST MEME STOCKS
What we already know is that mainstream Media is 100% against AMC and meme stock investors. Over the course of the last few years, mainstream media outlets have been adamantly trying to convince retail investors that they should not buy AMC or any other meme stocks for that matter — and it couldn’t be more obvious that they are likely saying this due to their ties to financial institutions that are holding short positions. For example, CEO of Citadel Securities Ken Griffin owns stock os News Corp. News Corp is the parent company of Wall Street Journal. News Corp also owns media platforms MarketWatch, Barrons and DOW Jones Newswire. However, that being said, it appears News Corp may have motive for pumping out the idea that AMC and other meme stocks may be a “bad investment”. Citadel Securities happens to be one of the top institutions that is currently shorting AMC stock. Simply put Ken Griffin owns Citadel, Ken Griffin invests in News Corp, News Corp companies create content to help Ken Griffins (Citadel’s Securities) AMC short positions.
AMC SHORT INTEREST DATA 2022
The good news is that AMC retail investors don’t waver a bit from the fear mongering tactics from mainstream media. AMC retail investors have been buying and holding from the beginning and know that the longer the they hold out, the bigger potential there is for the payout. AMC short interest is currently at 20.31%. Last year, we saw the biggest spike in the AMC stock price when the AMC share price spiked to $72 per share as the short interest dropped from 20% to 14%. The current short interest of 20.31% gives AMC retail investors more than enough proof that AMC has enough room for the stock price to reach hundreds of dollars per share, if not more. AMC has even more chance for a short squeeze if regulators start investigating things like naked shares, FTD (fails to deliver) and other controversial trading practices by financial institutions. If AMC retail investors continue to be vocal about the importance of investigations on trading practices, the time will come where these issues need to be addressed by regulators.
WILL AMC STOCK SHORT SQUEEZE?
As always retail investors do believe AMC will squeeze this year in 2022. It’s been a long time coming and financial institutions will at some point have to close their short positions so they don’t take on monumental losses. Mainstream media’s push for retail investors to stop investing in AMC stock and meme stocks in general, is useless, because retail investors refuse to sell and will only continue to buy and hold. And finally, we know that the current short interest of 20.31% leaves AMC with more than enough room to surge in price. Will all these factors combined, retail investors do remain confident that AMC will short squeeze in 2022.