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Re: Al 100 post# 31423

Thursday, 05/13/2021 6:45:56 AM

Thursday, May 13, 2021 6:45:56 AM

Post# of 138762
I think Lou is entertaining and I like watching him. But ...


1) I know margin call was mentioned on CNBC as a possibility but I think that referencing long position on margin do to heavy drop in market. I believe that *could* happen but that would force selling --we want it to be buying back shorts to cover.

2) I do not believe the market is down because of market calls.. it's down because of a bad week. Monday we had jobs report expected to be 1m but came in at 266k which is big miss--these are rehires vice new jobs so disappointing. Then we had CPI report that was 3x worse then expected another big miss especially since brings on inflation fears. These caused the huge drop in DOW, intern bringing up concerns of a bear market. This isn't due to AMC.

Now, a squeeze, or fear thereof, in AMC, that would make it a triple whammy. That would rock the market and seal the coffin. Probably why AMC not being mentioned in news!

Just my opion.
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