Quote:
Originally Posted by scho63
HOW'S THAT AMC SHORT SQUEEZE COMING ALONG MTG#10?
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I made almost $500 this morning off that sell off. In at $4.00 out at 4.60
AMC has turned into a swing trading paradise.
I've been playing several of these revers splits and doing pretty well.
CEOs have learned to Shotgun a reverse split and trap short positions into immediately having to cover. They need to do a ticker change to do it right.
Adam AAron the AMC CEO is going about it all wrong. He's AND idiot!
If he would have just shotgunned the APE shares, Immediate RS and change the ticker to ASS , it would have worked perfectly.