Moneymakero

AMC update

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NYSE:AMC   AMC Entertainment
Its crazy how this stock seems to always close below 10$. I'm sure its just coincidence. Utilization has reached 100% according to Ortex and according to Fintel is reporting days to cover over 2.03. The hedge funds are running out of options. Now bigwigs are entering the MOASS. Today the CEO of Initiative Equity Partners purchased over 65K shares of AMC. He understands that this it not about the stock anymore its about principles. You shorted stocks and you were well aware of the unlimited downside. I don't care what happens to the hedge funds at this point.

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