See what CEO and President of AMC entertainment has to say to CNBC news about AMC Entertainment reopening and the Reddit movement. NYSE:AMC gains over 2% on Monday as market weakens. AMC is an extremely popular (and incredibly dangerous) investment. Probably due to a short squeeze prompted by Reddit users, along with the media attention this generated, AMC stock catapulted to a stunning 52-week high of $20.36 on Jan. 27. As of intraday Wednesday, shares of AMC have skyrocketed as much as 310% from Tuesday’s close. There will be fake outs, over and over again, think … Peruse the various AMC message boards, Reddit, and even YouTube, and you'll get one cohesive message from retail investors: AMC is ripe for a short squeeze. GameStop shares plunged Monday as Reddit’s favorite “meme stock” retreated from a rally that turned Wall Street upside down last week.. WallStreetBets and the Reddit community caused a short squeeze on GameStop GME and AMC stock in 2021. Reddit . AMC stock surges as the Reddit group r/wallstreetbets tries to replicate the short sell squeeze on GameStop with other struggling companies. So Reddit saved AMC? Besides GameStop, other popular short-squeeze targets among Reddit traders were taking big hits on Tuesday. Meme stocks and the Reddit short squeeze are the focus of the SEC’s new chair. The activity spread to another stock favored by the Reddit traders, AMC Entertainment. 29/01/2021. But until buying into AMC and GME, he had been a lurker on the Reddit group. AMC share price: How AMC Entertainment stock value was driven up by the Reddit GME ‘short squeeze’ Alex Finnis . That answer depends on how many shares you own. AMC on Wednesday said it had raised $304.8 million by selling 63.3 million shares at an average of $4.80 a piece. Short squeeze Explained: Why Gamestop jumped 130%, AMC Entertainment shot up 300%; Short squeeze Explained: Why Gamestop jumped 130%, AMC Entertainment shot up 300% The unprecedented rally in these stocks is a result of an extraordinary frenzy among retail traders, as they organised on the message board site Reddit to push up the share price. Reddit is having its way with AMC Entertainment (NYSE: AMC) once again.After a massive spike in January, AMC stock faded, only to nearly double in three weeks. NYSE:AMC gains over 2% on Monday as market weakens. It arguably helped private equity firm, Silver Lake, more than anyone. Other highly shorted stocks such as AMC BB NOK are also heavily pumped by the “reddit armies” who rallied all millennials to push up the stocks. However, the future is bleak, and the stock is extremely overvalued. AMC Entertainment Stock Surges, Fueled by Traders on Reddit. Reddit's AMC, GameStop surge happened because of anger over Wall Street. With the prevalence of social media and how fast information are being spread … GOOD ADVICE: don’t sell on the way up, sell just after the peak. It’s not nearly that simple. This time they have flocked towards the debt-troubled movie chain AMC Entertainment (NYSE: AMC). Share your opinion and gain insight from other stock traders and investors. AMC Joins the Reddit Short Squeeze. The Reddit traders jumped into the fray when they say the value of GameStop and AMC dropping. For those who are buying the stocks, I believe that everyone is in it in hopes of making a quick buck before the music stops and the prices come crashing down. ET Here's where squeezing comes into play. Reddit retail investors are at it again. The same goes for AMC Entertainment. The short-term speculator could trade AMC alongside the GameStop short-squeeze. When do you actually cash in your shares during the big POP to get the maximum return? AMC shares were up nearly 300 percent at the open Wednesday, trading at $20.31, up from $2.01 less than a month ago. The crazy gains … Find the latest AMC Entertainment Holdings, Inc (AMC) stock discussion in Yahoo Finance's forum. What the Reddit rally did is help AMC issue some shares at higher prices. GameStop Stock, AMC Fall As Yellen Meets With Regulators On Reddit Squeeze Licensing. AMC stock has gone on a huge run since it caught Reddit's attention. AMC results were poor, but retail traders love the name and the CEO. The Reddit mob has cost Wall Street professionals a ton of money. GME/AMC SQUEEZE, when to cash in. But neither creates a real, sustainable, bull case. AMC Entertainment has raised more than 2.2 billion dollars in cash ; 90% of AMC theaters in the United States are now open with New York and Los Angeles finally reopening; Vaccinations and policies are making … Another squeeze is highly unlikely for AMC, GameStop, and Sundial Growers. The squeeze. NYSE:AMC has unfortunately been stuck playing reruns for investors as the stock has continued to plunge following the Reddit short squeeze a couple of weeks ago. Anthony Russo Jan 27,2021,18:10. AMC stock has soared in 2021 on hopes for a return to normalcy and a short squeeze. AMC results were poor but retail traders love the name and the CEO. 3 weeks GME/AMC SQUEEZE, when to cash in? As of today, all AMC movie theaters are now open 4/14. Fundamentals do not drive AMC’s value at this time, so Reddit’s WSB should avoid this stock. ET First Published: Jan. 28, 2021 at 8:57 a.m. The problem is, we have no idea what the actual real peak will be. Users at r/WallStreetBets have provided some good news for longterm investors in Tootsie Roll, Nokia, AMC, and Blockbuster after gaming the market to short squeeze hedge funds on GameStop stock. 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