I was watching an old video Gabe put up, in it he states the squeeze will happen after hours. Digging up some past I see that VW squeezed for 4 days. OGs do you think that’s the picture we will experience with AMC?
The squeeze should last anywhere from a few days to a week or better, especially when factoring in volatility halts. I think what Gabe may have be saying if I remember right is that the squeeze might start after hours and after hour price movement might be the first indication that the squeeze is on. Hope this helps!
And the squeeze may peak off hours. Don’t let that bother you. A TINY number of people will time the peak great. Most of us will have to be happy with our exits based on our plan and personal goals and not kick ourselves if we miss it one way or the other.
Thanks it does help! I’ve settled down some after some research. I looked at the VW squeeze which lasted 4 days and peaked at $1,000 now idk how similar our situation is, but it was worth digging into.
A big factor that makes this squeeze different than the VW squeeze is that we have tons of individuals owning the float. That wasn’t the case with the VW squeeze. So it’s not going to be as coordinated and could be very volatile.
Yes, it’s also very likely it could run from a few days to even a week (or more), so it won’t be a flash up and a flash back down that a lot of people miss.
Also, we are dealing with tons of open short positions that must be closed. Because we don’t know how many there are, tracking progress will be difficult. We can use the Ortex numbers at best and also watch the price action and trends, but this is uncharted territory.
The VW squeeze is a good glimpse to get us ready but the AMC squeeze could put that one to shame if we hold tight and run the price high enough. If I’m not wrong, this might be the first time the market has seen a potential squeeze of this magnitude before (and probably ever will again).