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Update on AMC
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Hi everyone, one of the many apes from amc stock here and I just wanted to spend a moment to tell you guys my unsolicited opinion about whats going on with amc stocks. Now the amc stock generally follows the same trend as gme but there are a number of factors that suggest that tomorrow (02/26/2021) could be a fantastic time for others to join in on the stock if they have any interest.

Now why would tomorrow be a good time to go in on amc?

1.) Short interest-> so the hedge funds attacked this stock super heavily today (02/25/2021) with shorts dropping it by just over 20%. This has created a problem for the people gambling on amc stock to drop for two reasons. The first is that they are left with only 75,000 shares left total to play with tomorrow and secondly because they put AMC under ssr protection for all of 2/26/2021 which makes it increasingly difficult to continue to short the stock through tomorrow. Now this is just one apes oppinion but if the hedges arent able to drop this stock down tommorow and all retail investors are buying and holding than I cant see why the stock wont shoot back up tommorow (I imagine most of the paper hands retail investors were scared off already by the huge dip we had today).

2.)Gamma Squeeze Potential-> So by the end of market hours tommorow there are a number of significant options expiring with the heaviest numbers starting at 8 dollars. for example if amc ends at over 8 dollars than 61,263 options will activate equating to over 6 million shares being traded and gamma squeezing the price up by monday (And that isnt even including all the options that activate <8). At the moment the stock is sitting at about 7.50 and if my first point about the hedge funds is correct than 8 is a number that should be relatively easy to hit.

3.) long term value-> So should the worst situation happen and the stock plummets again tomorrow negating the chance for a gamma squeeze, than there is still value in keeping amc as a mid to long term stock. We know that when amc diluted their shares they were able to refinance their debt with the money they gathered so bankruptcy for them is off the table through the rest of 2021. That means they have until roughly mid 2022 to start generating profits and we all know that covid vaccinations are already starting to roll out, alongside the theatres which are starting to open up.

And I just wanna end this by saying im not a financial advisor, just a random ape that has done a little DD and wants to share what I personally believe could be a good opportunity for us all to get those tendies. Let me know what you guys think,thanks!

Sources for my info -> Fintel, yahoo finance, tdameritrade

Edit: Hey guys I really dont wanna spread misinformation so I just wanted to point out that the amc stock being worth 20$ pre covid was wrong, looks like it was actually tanking through 2019 ending at around 8 when covid hits. Treys trades did me dirty on that fact (he's always talking about amc price pre covid D:). Still though Im Sorry apes. I do Still stand by my other points though for the short term and in future posts I will be more careful in what I post. love u guys!

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