Early in Monday’s trading session AMC Stock was once again halted due to volatility.
As you can see in the screenshot down below, AMC stock was taking off until it was “paused due to volatility” and shortly after the stock continued to trade but much lower unable to break a new high of day.
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 not much more than a few months ago.
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.
Why does AMC Stock continue to be halted when other stocks across the market can trade upwards of 50% per day without a halt? According to public.com “Trading halts happen often, but brokerages rarely halt stocks. Typically, major indexes like the Nasdaq or New York Stock Exchange halt stocks due to issues around regulations, volatility, and liquidity. Brokerages have halted trades in extreme cases when their liquidity cannot meet trading demand.” It is hard to say why certain names are able to trade more freely than others, but the fact remains.
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)
READ MORE HERE: https://buydipssellrips.co/2022/10/18/amc-stock-could-squeeze-to-2000000-per-share-heres-why/