Out of these meme stocks GME,BB,KOSS,AMC why was it that AMC was the one that squeezed the most and GME barely got a squeeze with light volume?
A complex combination of factors, not the least of which is that people are actually going back to movie theaters now, and the outlook is great for concession sales going into Q4 and beyond?
Could be also the cheaper price. When you have only 150 bucks in the Robinhood account, you can only by partial shares of GME. But imagine AMC!!!
Beside looking at Relative Volume, is there a way you could predict that AMC was the one to buy and not the rest? I went long GME but that didn't turn up as good as AMC/BB
The share price of cinema chain AMC surged again as it announced its army of new Reddit investors will get free popcorn. https://www.theverge.com/2021/6/2/22465198/amc-meme-stock-popcorn-wsb More companies should do this, give shareholder discounts!
Event vol. Mudrick bought 8.5MM shares at a premium. ofc he sold it as soon as humanely possible. Do you guys trade?
Mostly because the Reddit Army was "ordered to pile into AMC". It's kind of a legal manipulation (apparently) of the stock price. The fundamental outlook is improved too, of course, so shorts should be aware of that and perhaps covering anyway. One could benefit from knowing what the Army is being told what stock to be attacked and when... WSB, perhaps?... then pile into the stock yourself or buy OTM calls and hope they follow orders.