Article: AMC Stock Surges: Is This The Big Squeeze?

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AMC Stock Surges: Is This The Big Squeeze?

BERNARD ZAMBONIN AND DANIEL MARTINS, 21 July 2021

AMC stock (AMC) – Get Report bulls had a day of relief on Tuesday, as they saw the share price soar about 25% after weeks of painful declines. Following positive developments coming from CEO Adam Aron, momentum quickly shifted to the bullish side.

Could this be the beginning of the MOASS – apes’ long-awaited “mother of all short squeezes”?

Good news from the business
Bullishness on Tuesday may have been triggered by CEO Adam Aron. He announced long-term leases on two of the top five theaters in Los Angeles and added that others are coming soon.

The CEO’s statement supports AMC’s optimism about the reopening of the economy and the expected recovery of the business in 2021.

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Article: Rosen Law Announces Updated Lead Plaintiff Deadline in Securities Class Action Lawsuits on Behalf of Investors Unable to Execute Trades and Who Sold and/or Purchased Certain Securities on the Robinhood Trading Platform on or Around January 28, 2021

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Rosen Law Announces Updated Lead Plaintiff Deadline in Securities Class Action Lawsuits on Behalf of Investors Unable to Execute Trades and Who Sold and/or Purchased Certain Securities on the Robinhood Trading Platform on or Around January 28, 2021

The Rosen Law Firm PA, 20 July 2021

Rosen Law Firm, a global investor rights law firm, announces the updated July 27, 2021 lead plaintiff deadline in the class action lawsuits filed on behalf of those who were unable to execute trades, sold, and/or purchased certain securities including American Airlines Group Inc. (NASDAQ: AAL), AMC Entertainment Holdings Inc. (NYSE: AMC), BlackBerry Limited (NYSE: BB), Bed Bath & Beyond Inc. (NASDAQ: BBBY), GameStop Corp. (NYSE: GME), Express (NYSE: EXPR), Koss Corporation (NASDAQ: KOSS), Naked Brand Group (NASDAQ: NAKD), Nokia Corporation (NYSE: NOK), Sundial Growers, Inc. (NASDAQ: SNDL), Tootsie Roll Industries (NYSE: TR), and Trivago NV (NASDAQ: TRVG) (collectively, the “Affected Securities”) on the Robinhood Trading Platform on or around January 28, 2021. The lawsuits variously seek to recover damages for those affected by Robinhood’s alleged market manipulation in violation of Sections 9(a) and 10(b) of the Securities Exchange Act of 1934 (15 U.S.C. §§ 78i(a) and 78(j)(b), and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission (17 C.F.R. § 240.10b-5)). Continue reading “Article: Rosen Law Announces Updated Lead Plaintiff Deadline in Securities Class Action Lawsuits on Behalf of Investors Unable to Execute Trades and Who Sold and/or Purchased Certain Securities on the Robinhood Trading Platform on or Around January 28, 2021”

Article: AMC Stock: The Big Screen News That Has AMC Theaters Gaining Once Again

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AMC Stock: The Big Screen News That Has AMC Theaters Gaining Once Again

Brenden Rearick, 20 July 2021

The last month has been pretty rough on AMC Entertainment (NYSE:AMC). The theater chain erased a great deal of its gains over the last few weeks, thanks to slowing momentum in the world of meme stocks. Investors in this highly volatile investing sect have seemingly turned their attention away from large plays like AMC and sent prices tumbling. But now, the company is closing a deal that can bring it some crucial revenue over the next few years; two theaters in the Los Angeles area will become AMC theaters, with the chain signing a years-long lease on the locations. As a result, AMC stock is gaining once again. Continue reading “Article: AMC Stock: The Big Screen News That Has AMC Theaters Gaining Once Again”

Article: Robinhood Gets Ready for the Meme Stock World It Created

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Robinhood Gets Ready for the Meme Stock World It Created

Annie Massa, 14 July 2021

Hi all, it’s Annie from Bloomberg’s investing team. Soon, Robinhood Markets Inc. will go public. The debut—which could happen in the coming weeks—will see Robinhood entrust its share price to the same retail investors who have been using its app to roil markets.

The free stock trading app has been around for eight eventful years. During the pandemic, Robinhood traders congregated on Reddit message boards and drove wild swings in the price of companies like GameStop Corp. and AMC Entertainment Holdings Inc. Then, when Robinhood put limits on customer purchases of those stocks, the startup incurred social media wrath, along with some lawsuits. Continue reading “Article: Robinhood Gets Ready for the Meme Stock World It Created”

Article: AMC Stock: Hot Topics On The Planet Of The Apes

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AMC Stock: Hot Topics On The Planet Of The Apes

BERNARD ZAMBONIN AND DANIEL MARTINS, 13 July 2021

Apes have been accumulating some losses lately, as AMC stock (AMC) – Get Report moves progressively lower in July. Share price has dropped by almost 20% drop in the last five days alone, possibly suggesting that short sellers remain firmly positioned against the movie theater stock.

Today, Wall Street Memes presents some of the main topics of discussion among the most fervent apes regarding AMC stock. Continue reading “Article: AMC Stock: Hot Topics On The Planet Of The Apes”

Article: GameStop and AMC turn around big on Thursday as retail investors unsubtly remind Wall Street they are going nowhere

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GameStop and AMC turn around big on Thursday as retail investors unsubtly remind Wall Street they are going nowhere

Thornton McEnery, 08 July 2021

Retail traders spent Thursday morning buying the dip created by all the people digging the graves of meme stocks on Tuesday and Wednesday.

Shares of GameStop GME, -0.08% and AMC Entertainment AMC, -3.65% started the holiday-shortened week in something of a nosedive, with both falling sharply from Tuesday morning into midday Thursday before sudden potent rallies fueled by Reddit chatter and Twitter hashtags saw both stocks recover dramatically, and AMC almost erase its weekly loss entirely before falling back a bit in the afternoon. Continue reading “Article: GameStop and AMC turn around big on Thursday as retail investors unsubtly remind Wall Street they are going nowhere”

Article: In a New Financial Dynamic, AMC CEO Ditches Plan to Side with Retail Investors

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In a New Financial Dynamic, AMC CEO Ditches Plan to Side with Retail Investors

Tim Fries, 07 July 2021

Just a few months ago, AMC CEO Adam Aron leveraged retail traders to lead the company out of its ‘certain’ demise. After billions in raised capital, retail traders—self-proclaimed ‘apes’—have now seemingly signalled the limit to selling shares. The situation illustrates a major shift in finance, for perhaps the first time.

AMC Indebted in More Ways Than One
At the beginning of June, the Tokenist reported that 80% of AMC shares have come into the possession of retail investors. Of those, many share their extensive analysis in various subreddits. What they ultimately show is a reluctance to follow the more sophisticated fundamental analysis of companies, GameStop and AMC Entertainment in particular. Continue reading “Article: In a New Financial Dynamic, AMC CEO Ditches Plan to Side with Retail Investors”

Article: #AMCThreshold: What to Know About AMC Stock, Short Sellers and the Threshold List

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#AMCThreshold: What to Know About AMC Stock, Short Sellers and the Threshold List

Brenden Rearick, 07 July 2021

It looks like things are becoming increasingly intense between AMC Entertainment (NYSE:AMC) fanatics and the short-sellers they are warring against. New allegations of naked shorting and illegal price manipulation are catching some serious momentum. As such, many are taking to Twitter to voice their concern and anger. #AMCThreshold is hitting the trending tabs as the AMC apes get their favorite stock trending yet again.

Much of the attention around AMC comes from the fact that the play has remained on the U.S. Securities and Exchange Commission’s threshold list for multiple consecutive days. Continue reading “Article: #AMCThreshold: What to Know About AMC Stock, Short Sellers and the Threshold List”

Article: Silver Lake AMC Bond Theory Falls Short, but Still Benefits Shareholders

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Silver Lake AMC Bond Theory Falls Short, but Still Benefits Shareholders

Tim Fries, 05 July 2021

Amid heightened margin trading requirements and greater scrutiny on GME/AMC stocks, investors continue to look under every rock for signs of institutional trickery. A theory which was notably gaining attention by retail investors stemming from a recent AMC filing and Silver Lake’s convertible notes was believed to have larger implications than what is now known.

Silver Lake’s AMC Bonds Explained
For the last couple of days, retail investors that comprise the so-called ‘meme’ stock circle of social media have been abuzz with the #AMCBonds hashtag. Although worrying at first, it didn’t quite pan out as vigilant retail traders first framed it. Continue reading “Article: Silver Lake AMC Bond Theory Falls Short, but Still Benefits Shareholders”

Article: Gamestop – AMC, other ‘meme’ stocks jump; regulator signals concern

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Gamestop – AMC, other ‘meme’ stocks jump; regulator signals concern

ALEX LOWE, 04 July 2021

Shares of AMC Entertainment Holdings Inc (AMC.N) and other “meme stocks” jumped on Monday, extending a rally in social-media favorites into a third week as message boards hummed with talk of squeezing Wall Street short-sellers.

The sharp gains prompted the U.S. Securities and Exchange Commission to say it was looking into signs of market manipulation given the “volatility in certain stocks.” The volatility has challenged analysts, and two of them in the past week have stopped covering video game retailer GameStop, whose shares soared in January in a retail-driven rally. Continue reading “Article: Gamestop – AMC, other ‘meme’ stocks jump; regulator signals concern”

Article: AMC Stock: Brace For The Mother Of All Short Squeezes

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AMC Stock: Brace For The Mother Of All Short Squeezes

BERNARD ZAMBONIN AND DANIEL MARTINS, 01 July 2021

Reddit forum discussions and coordinated trades have been rooted in the community’s disdain for so-called “toxic market participants”. These toxic players tend to be hedge funds and a few others on Wall Street who make sizable bearish bets against certain stocks through naked shorting.

This practice, considered illegal after the subprime crisis in 2008, consists of borrowing shares to sell short, but without these shares existing. This is only possible in the very short term and due to technical loopholes in trading, as transactions take days to clear the system. Continue reading “Article: AMC Stock: Brace For The Mother Of All Short Squeezes”

Article: GameStop Short Sellers Flee As Short Interest Drops By $880 Million In 2 Weeks

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GameStop Short Sellers Flee As Short Interest Drops By $880 Million In 2 Weeks

Ramish Zafar, 30 June 2021

Reddit forum discussions and coordinated trades have been rooted in the community’s disdain for so-called “toxic market participants”. These toxic players tend to be hedge funds and a few others on Wall Street who make sizable bearish bets against certain stocks through naked shorting.

This practice, considered illegal after the subprime crisis in 2008, consists of borrowing shares to sell short, but without these shares existing. This is only possible in the very short term and due to technical loopholes in trading, as transactions take days to clear the system. Continue reading “Article: GameStop Short Sellers Flee As Short Interest Drops By $880 Million In 2 Weeks”

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