AMC Stock and APE Stock have been on a bit of a slump lately along with the rest of the market. Ever since the FED raised rates earlier this week 75 basis points and pointed out less than bullish forward guidance the entire market has been on a downward spiral trying to find a bottom and AMC and APE have also seen a lot of downward pressure, but there are a number of reasons the tide could turn very quickly, and AMC & APE could be sent to new all-time highs.
3 REASONS AMC COULD SHORT SQUEEZE
- Very recently AMC CEO Adam Aron announced that AMC ENT. TO OFFER – SELL UP TO 425 MILLION APE PREFERRED SHARES. This has the AMC and APE retail community with mixed feelings on whether they should offer more shares. Although some of the AMC and APE stock retail base is unsure of this offering there are some APES that are creating “theories” that CEO Adam Aron knows exactly what he’s doing and is playing chess not checkers.
- HYMC Hycroft mining has announced very promising results a few weeks back when they announced the drilling results. In the tweet down below CEO Adam Aron said “Eureka! In Hycroft’s early efforts, the biggest exploration program there in a decade, they found it! There’s MORE gold in them thar hills.“ and after looking deeper into this Hycroft mining report, the initial results look very promising and seem to show that there should be major profit in the future for $HYMC and AMC.
3. AMC’s performance this year has been impressive to say the least. With revenue numbers coming in strong and year over year sales where they are, AMC looks to be recovering significantly post covid.
Below you can see a trailing 12 months for AMC Ent. and clearly see that the numbers are trending upwards at a steady and aggressive rate confirming that AMC’s fundamentals are improving significantly over the past quarters.