AMC was basically saved by WSB's Buy and Hold strategy. AMC management was brilliant and have issued new stock offerings to raise cash at inflated prices and AMC Still didn't sell off, it continued higher. Totally crazy.
AMC is about 13$ , it has gigantic call volume at 40 strike price for Friday . So many are putting their money betting this triples this week. I just wonder if AMC keeps diluting this week (on any runup) if that will sway WSB's but i don't think it would, AMC may have a very good opportunity going forward to grow or transform their business...most likely thou they will probably just ride the coat tails of WSB's to becoming Billionaires due to stock options
GME CEO became a billionaire last week as his 80 Million investment at end of last year is now 800 million plus