Let’s go back in time for a minute and look back at the moment which seemed like AMC was heading towards all-time highs.
AMC Stock was on a massive run ever since the Q2 earnings and was up around 64% without seeing any signs of slowing down. The stock had so much volume and buyers that the stock was even halted early in the morning due to volatility.
On 8/8/22 AMC was ripping upwards before being halted multiple times and then trading down from there.
Since the day which AMC Stock was halted multiple times and then traded down from there, it seems like some of the fire was taken from the stock. Did these halts ruin the short squeeze?
WHY ARE STOCKS HALTED?
According to Public.com “A stock halt is the pausing of trading for a specific security. The halting is temporary and usually based on a significant factor like regulations, current or expected volatility, or a lack of liquidity. Trading halts happen often, but brokerages rarely halt stocks.”
IS THE MOASS STILL IN PLAY?
The MOASS or Mother of all short squeeze could still be on the table this year with all these new massive improvements AMC as a company is experiencing as of recent. when it comes to AMC stock and it future. The $72 per share surge AMC investors saw last year might have seemed like a huge jump… But retail investors warn that the $72 per share that AMC saw could be nothing compared what’s to come next.
AMC STOCK’S REVENUE STREAMS
AMC ENT. is not just a movie theater company like many may think, the company is actually more of a holding company which has many businesses if you will within their basket of holdings. Below is a short list of the many streams of income that AMC ENT. Holdings has amassed.
- Movie theater ticket sales
- Movie theater concession sales
- movie theater merchandise (Found inside theaters and online)
- Perfectly popcorn company (Found in malls and online)
- HYMC investment (Gold and silver mining stake)