AMC Stock was once again halted about midway through the trading session on December 1st 2022. The stock price during the halt was around $8.62 per share, up well over 10% during this period.
AMC Stock’s trading volume was also something to watch closely as the number of shares traded today are already above 50 million shares which is a quite a few shares trading hands.
AMC STOCK SHORT SQUEEZE INCOMING!?
Retail investor’s favorite AMC Stock short interest is currently still near all-time highs. Although AMC along with most other stocks in the market are trading much lower from recent highs, the high amount of short interest still calls for the possibility of a massive, short squeeze and AMC stockholders known as the apes are anxiously waiting for the MOASS or mother of all short squeeze to begin.
WHY WOULD AMC STOCK SQUEEZE IN DECEMBER
Investors are now forward looking into what Q4 earnings will look like, and what could be a positive cash flow quarter for AMC Entertainment. The number of sources of revenue for AMC Ent continue to grow by the day it seems and here are some of the catalyst investors are watching closely.
- Movie theater ticket sales
- Online AMC Merch 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)
- APE Dividend
- New Merger possibilities
- New acquisition possibilities
- Buyout rumors