LONDON, July 26, 2021, When a small, ambitious exploration company starts drilling in a 6.3-million-acre onshore oil play, the vultures descend. In the case of Reconnaissance Energy Africa ( RECO; RECAF ), those vultures are in the form of short-sellers who have stooped to dangerously […]
Hedge funds walloped by the meteoric rise of stocks such as GameStop Corp. and AMC Entertainment Holdings Inc. AMC -3.65% in January are still struggling to get out from under those losses. Melvin Capital Management, which lost more than $6 billion in January, is now down 46% […]
It looks like things are becoming increasingly intense between AMC Entertainment (NYSE: AMC) fanatics and the short-sellers they are warring against. Having a tough morning? Reground yourself in fact. 1. Shorts still haven’t covered (doubling down) 2. There’s still a […]
AMC Entertainment (NYSE: AMC) is appearing a little flustered today. A short call is sending the stock tumbling slightly, and calling into question the fundamental value of the theater chain. However, the Ape Army — those who passionately and dramatically […]
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