$AMC Entertainment(AMC)$If you keep a close eye on AMC in Ortex, they are showing millions of shorts covering and millions of new shorts entering the market. This is likely a HF tactic... If you cover a short at price $X and immediately short it at the same price $X, the effect is net neutral on the stock... even though it cost the HF a bunch of money to cover from their previous underwater short. BUT... to you the average investor, it looks like nothing is happening and they want you to sell, thinking nothing is happening.Another note to this.Debt is different than how much underwater you are in a position. Margin calls are about how much underwater in a position you are, not how much total debt you have incurred. This is transitioning your loss
$AMC Entertainment(AMC)$My 2 cents.AMC has been in a consolidation period since last Tuesdays big run up. As the symmetrical triangle comes to a close the price will break out up or potentially down. Tomorrow looks like it will be a down day until we bounce off the support level. IF we get a good bounce off the support we could break out up to the next level. A break out is typically the length of the flag pole, which should take the price up to around 88-90 dollar range. This is what big money will be waiting to see before they buy in. So we need to see LOTS of buying power when the price meets that level of support for the bounce. On the flip side hedgies can also see these same patterns and will try their hardest to break through the support l
$Palantir Technologies Inc.(PLTR)$its took Palantir almost 18 years in the making. The stock itself is like 6 months old and it still up 100%. If you could set aside money away for the next 10 years. Palantir will be the one. Also Paypal didnt pop until 5 years later. Tesla didnt pop until 2020. Everything take time and patience. Today marked 9 weeks of me holding this PLTR bag 😂 still 900 weeks left.