The Full Story on AMC Entertainment You Won't Hear From Retail Investors
Since mid-January, retail investors have made their presence known on Wall Street and collectively rocked the boat in a way never before seen. Dozens of companies have been whipsawed by their influence, with many retail investors focused on finding the next great short squeeze candidate.
But among the stocks retail investors have passionately supported, none may be more polarizing than movie theater chain AMC Entertainment (NYSE: AMC).
Peruse the various AMC message boards, Reddit, and even YouTube, and you'll get one cohesive message from retail investors: AMC is ripe for a short squeeze. These folks are convinced that hedge funds are using underhanded tactics to bet against AMC in an attempt to bankrupt the company.
Source Fool.com
