“F*CK THE SHORTS. This stock has so much short interest it is the next GME [GameStop] to squeeze,” Reddit user PlatinumHandz wrote of AMC Tuesday. “AMC to the moon boys!” wrote Twitter user Philo488 Wednesday, alongside some rocket emojis. “Do not sell. Let’s bankrupt another ...
In January 2021, WallStreetBets chat-room traders on Reddit joined in unison in buying shares and bullish call options in AMC stock. They did the same in a band of other companies that had been heavily sold short and struggling. How about today? According toMarketSurge,short interest— share...
There was the threat of regulators becoming heavy-handed about internet chat rooms to consider and the likelihood that Reddit vs Wall Street would be a fad. The amorphous group of Reddit users had no leader, and they were glued together only by stock price momentum. There was even...
AMC Theatres warnings to investors that they could lose their shirts in the giant theater chain’s latest stock sale, or CEO Adam Aron appearing to have gone without pants during a recent webcast has failed to halt a steep rise in the company’s stock price.On Monday, shares in parent AMC...
AMC listed the preferred shares under the symbol "APE" in a nod to Reddit's wallstreetbets stock trading forum, where participants often describe themselves as apes. AMC became a "meme stock" during the COVID-19 pandemic, raising more than $2 billion in 2021 as retail investors piled into...
with equal braggadocio. Tesla has been a particular favorite stock (or "stonk" in the forum's slang) of the group, and the market value of the automaker has skyrocketed over the last year to what many consider to be a wholly irrational price (by one estimate,it would take 1,600yearsfor...
The gains arrived after retail investors, encouraged by multitudes of anonymous users of the Reddit board r/WallStreetBets, banded together to send AMC and GameStop, another heavily shorted stock, on a moonshot run this week, shredding bets for a decline in the process. The after-hours slide...
Reddit’s r/WallStreetBets, Twitter and StockTwits were the information sharing forums for Main Street with the battle is taking place real time on Trading Apps and the Stock Exchange. Its fascinating to watch and I am rooting for Main Street afte...
Other favorites withWallStreetBets, the Reddit forum that spurred the meme-stock craze three years ago, jumped in pre-market trading on Tuesday. Among them are movie-theater operator AMC Entertainment, whose shares soared 31%, and BlackBerry, with a 12% gain. GameStop shares spiked 60%....
AMC is today’s GameStop. A Reddit mob sent its stock more than 200% higher ByPaul R. La Monica, CNN Business 3 minute read Updated 4:14 PM EST, Wed January 27, 2021 Video Ad Feedback Real estate CEO says Trump could sell Mar-a-Lago 'quickly' to secure $464 million bond ...