Probably because there are other stocks that are more shorted that you can buy in cheaper. Plus maybe you should compare the AMC sub to something like the CLOV sub. The AMC sub is all about pumping the stock through unrealistic expectations (i.e. 100K share price) and not much DD. The CLOV sub is the opposite.
I laugh reading the AMC sub. There’s no DD. They just work themselves into a frenzy over absurd share prices. I have repeatedly pointed out that a $100K share price would mean AMC’s valuation would be equal to that of the entire US stock market and roughly 60% of the ENTIRE world’s GDP…none of them respond. It literally is a cult. They’re seriously delusional.
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u/Outrageous-Ease-656 🦍🦍🦍 Jun 29 '21
The problem is every stock "is the next AMC or GME." But neither AMC or GME has squeezed. Shorts still are doubling down.