AMC has recently reclaimed the 50 day moving average. I’m not sure why but people are still trying to short this even as it has bottomed out. There is also quite a bit of short interest that remains even though the stock has completely sold...
Upon the revelation of Chipotle’s quarter 1 earnings, we have seen an epic short squeeze forming. Essentially all of the people bearish on Chipotle, are absolutely getting wrecked, with the stock jumping nearly 30 points after the news. However they did release...