BUY & RESHARE IT PEEPS!
Why the AMC squeeze hasn't happened yet:
Take a look at this link ( iborrowdesk.com/report/AMC )and scroll down to recent data for AMC. Borrowing fees (meaning the rate at which the hedge funds have to pay to short the stock) have risen from 3.2% to 21.9% in the past day. This is a dramatic increase. However, that's only the beginning.
If you look at GME's borrowing rates, the last time they were at 22% was 1/21/21 (6 days ago). 5 days later, the borrowing rates SPIKED up to 83%. This was also the same day the GME squeeze went crazy from 90 -> 300. As Martin Shkreli said, keep your eye on the borrowing rates, not the short interest. The borrowing rates make the hedge funds nervous and is ultimately a huge factor for them having to cover. Covering leads to squeezing.
Shares available to short for AMC has also decreased from 10,000,000 6 days ago on 1/21 to <200,000 as of close, meaning the hedge funds are getting greedy as fuck trying to make us lose!!!
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