PerfectWish
2021-05-27
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AMC and GameStop Lead a Meme Stock Rally. Why Analysts Aren’t Focused on Reddit, Potential Short Squeezes.<blockquote>AMC和游戏驿站引领模因股票上涨。为什么分析师不关注Reddit、潜在的轧空。</blockquote>
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Why Analysts Aren’t Focused on Reddit, Potential Short Squeezes.<blockquote>AMC和游戏驿站引领模因股票上涨。为什么分析师不关注Reddit、潜在的轧空。</blockquote>","url":"https://stock-news.laohu8.com/highlight/detail?id=1157159209","media":"Barrons","summary":"Shares of AMC Entertainment and GameStop posted double-digit jumps on Wednesday, continuing a rally ","content":"<p>Shares of AMC Entertainment and GameStop posted double-digit jumps on Wednesday, continuing a rally that highlights two radically different approaches to stocks: that of the retail traders chatting online about the potential for short squeezes, and traditional Wall Street research. The so-called meme-stock duo, generally panned by Wall Street analysts but loved on forums like Reddit’s WallStreetBets and AMCStock, have advanced mostly in tandem in the past month. AMC stock (ticker: AMC) was up 19% to $19.56 Wednesday afternoon, while GameStop (GME) gained 16% to $242.32. Shares of fellow meme stocks Express (EXPR) and BlackBerry (BB) had surged 26% and 10%, respectively.</p><p><blockquote>AMC院线和游戏驿站的股价周三出现两位数上涨，延续了这一涨势，凸显了两种截然不同的股市态度：散户交易员在网上谈论轧空可能性，以及传统的华尔街研究。所谓的模因股票二人组通常受到华尔街分析师的严厉批评，但在Reddit的WallStreetBets和AMCStock等论坛上却受到喜爱，在过去一个月里几乎同步上涨。AMC股票（股票代码：AMC）周三下午上涨19%，至19.56美元，而游戏驿站(GME)上涨16%，至242.32美元。meme股票Express(EXPR)和黑莓(BB)的股价分别飙升26%和10%。</blockquote></p><p> For AMC, the latest jump came despite a change in view by the only analyst tracked by FactSet who had listed the stock at Buy. B. Riley analyst Eric Wold lowered his rating to Neutral, saying in a research note the stock’s recent surge left it well above his recently set $16 target for the price. He added that he didn’t think he could justify moving that target higher, given that the price now reflected AMC’s potential to benefit as vaccinations allow the public to go to the movies,the fact that theaters remain important in film distribution,and the company’s efforts to strengthen its balance sheet.</p><p><blockquote>对于AMC来说，尽管FactSet追踪的唯一一位将该股列为买入的分析师改变了看法，但最新的上涨还是发生了。B.Riley分析师Eric Wold将其评级下调至中性，他在一份研究报告中表示，该股最近的飙升使其远高于他最近设定的16美元目标价。他补充说，他认为没有理由提高这一目标，因为现在的价格反映了AMC因疫苗接种允许公众去看电影而受益的潜力、影院在电影发行中仍然很重要的事实以及该公司的努力加强其资产负债表。</blockquote></p><p> Of course, given that the shares are moving in line with GameStop and other meme stocks, there are likely other factors at play. Both AMC and GameStop stock were highly shorted by Wall Street firms who saw a chance to benefit as pandemic-related shutdowns worsened problems the pair faced before Covid-19 emerged.</p><p><blockquote>当然，鉴于该股的走势与游戏驿站和其他模因股票一致，可能还有其他因素在起作用。AMC和游戏驿站的股票都被华尔街公司高度做空，华尔街公司看到了受益的机会，因为与大流行相关的停工加剧了这两家公司在Covid-19出现之前面临的问题。</blockquote></p><p> That backfired tremendously early this year as retail investors bought the stocks, forcing the funds to buy as well to close out their negative bets. Prices skyrocketed.</p><p><blockquote>今年早些时候，当散户投资者购买股票时，这适得其反，迫使基金也买入以平仓负面押注。物价飞涨。</blockquote></p><p> Ihor Dusaniwsky, managing director at short selling analytics firm S3 Partners, told<i>Barron’s</i>short sellers were collectively down $6.7 billion in year-to-date losses on GameStop, including $382.7 million on Wednesday, alone. AMC short sellers were down $1.37 billion year to date, including $290.7 million on Wednesday.</p><p><blockquote>卖空分析公司S3 Partners董事总经理Ihor Dusaniwsky告诉<i>巴伦周刊</i>今年迄今为止，游戏驿站的卖空者总共损失了67亿美元，其中仅周三就损失了3.827亿美元。AMC卖空者今年迄今已下跌13.7亿美元，其中周三下跌2.907亿美元。</blockquote></p><p> S3 Partners estimates GameStop short interest sits at 11.55 million shares, or 20.3% of the shares available for trading. For AMC, S3 estimates a short interest of 92.29 million shares, or 20.6%. Dusaniwsky notes that both stocks still possess a high potential for a bigger squeeze, though it will depend on price moves.</p><p><blockquote>S3 Partners估计游戏驿站空头权益为1155万股，占可交易股份的20.3%。对于AMC，S3估计空头权益为9229万股，即20.6%。杜萨尼夫斯基指出，这两只股票仍然具有更大挤压的巨大潜力，尽管这将取决于价格走势。</blockquote></p><p> “We have started to see some short covering in GME as mark-to-market losses mount on the short side,” Dusaniwsky said. “AMC short sellers are still adding to their positions, albeit slightly, even though AMC’s stock price has been rallying.”</p><p><blockquote>杜萨尼夫斯基表示：“随着空头按市值计价的损失不断增加，我们已经开始看到GME出现了一些空头回补。”“尽管AMC股价一直在上涨，但AMC卖空者仍在加仓，尽管幅度很小。”</blockquote></p><p> The stocks’ passionate fans, meanwhile, have themselves become a shareholder constituency,as AMC CEO Adam Aron characterized them on the company’s earnings call earlier this month. The Reddit users see themselves as fighting a battle against Wall Street insiders that they believe rig markets against the average investor.</p><p><blockquote>与此同时，正如AMC首席执行官Adam Aron本月早些时候在公司收益看涨期权上所描述的那样，这些股票的热情粉丝本身也已成为股东选民。Reddit用户认为自己正在与华尔街内部人士进行一场战斗，他们认为华尔街内部人士操纵市场对抗普通投资者。</blockquote></p><p> Wold, the B. Riley analyst, told<i>Barron’s</i>that while the latest move for AMC has included nonfundamental factors, such as the potential for a short squeeze, he does believe investors are now more upbeat about its ability to avoid bankruptcy. Recent sales of stock have strengthened its balance sheet, he said.</p><p><blockquote>B.Riley分析师沃尔德告诉<i>巴伦周刊</i>尽管AMC的最新举措包括非基本面因素，例如轧空的可能性，但他确实认为投资者现在对其避免破产的能力更加乐观。他表示，最近的股票销售增强了其资产负债表。</blockquote></p><p> “It’s always difficult to comment repeatedly on any social media aspects that may or may not be influencing a stock price, but in this case, it was one that likely helped to take AMC to a place of surviving the pandemic vs. facing liquidation scenarios,” Wold said. “And with the number of retail investors likely now eclipsing the number of institutional investors through the various [at-the-market] equity programs in recent months, it makes sense that it’s becoming an increasing area of interest with the AMC story and to AMC management in general.”</p><p><blockquote>“总是很难反复评论任何可能影响或不影响股价的社交媒体方面，但在这种情况下，它可能有助于AMC在大流行中幸存下来，而不是面临清算的情况，”沃尔德说。“近几个月来，通过各种[市场]股票计划，散户投资者的数量可能超过了机构投资者的数量，因此AMC故事和AMC的故事越来越令人感兴趣，这是有道理的。一般管理。”</blockquote></p><p> Wedbush analyst Michael Pachter, who has a Sell rating and $39 price target on GameStop, likened the situation for Wall Street to a radiologist diagnosing a cancer, but not its cause. He said he is paid to tell investors what a company will earn in the future, but it is their job to figure out entry and exit points.</p><p><blockquote>Wedbush分析师Michael Pachter对游戏驿站给予卖出评级和39美元的目标价，他将华尔街的情况比作放射科医生诊断癌症，但不是其原因。他表示，他的工作是告诉投资者一家公司未来的收入，但他们的工作是找出进入点和退出点。</blockquote></p><p> “Yes, there are a lot of analysts who play along and have crazy high targets for momentum darlings, but I use comps to value the companies I cover,” he said. “If the comp base isn’t going up, I don’t make an exception for the outlier. I am completely unconcerned about the impact of Reddit Raiders and the short squeeze, it has no impact on what GME or AMC will earn this year and next.”</p><p><blockquote>“是的，有很多分析师配合并为动量宠儿设定了疯狂的高目标，但我使用比较来评估我所研究的公司，”他说。“如果比较基数没有上升，我不会为异常值破例。我完全不关心Reddit Raiders和轧空的影响，它对GME或AMC今年的收入没有影响和明年。”</blockquote></p><p> For now though, it is hard to argue against what potential short squeezes could mean for the stocks.</p><p><blockquote>但就目前而言，很难反驳潜在的轧空对股票意味着什么。</blockquote></p><p></p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AMC and GameStop Lead a Meme Stock Rally. Why Analysts Aren’t Focused on Reddit, Potential Short Squeezes.<blockquote>AMC和游戏驿站引领模因股票上涨。为什么分析师不关注Reddit、潜在的轧空。</blockquote></title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 12.5px; color: #7E829C; margin: 0;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAMC and GameStop Lead a Meme Stock Rally. Why Analysts Aren’t Focused on Reddit, Potential Short Squeezes.<blockquote>AMC和游戏驿站引领模因股票上涨。为什么分析师不关注Reddit、潜在的轧空。</blockquote>\n</h2>\n<h4 class=\"meta\">\n<p class=\"head\">\n<strong class=\"h-name small\">Barrons</strong><span class=\"h-time small\">2021-05-27 15:15</span>\n</p>\n</h4>\n</header>\n<article>\n<p>Shares of AMC Entertainment and GameStop posted double-digit jumps on Wednesday, continuing a rally that highlights two radically different approaches to stocks: that of the retail traders chatting online about the potential for short squeezes, and traditional Wall Street research. The so-called meme-stock duo, generally panned by Wall Street analysts but loved on forums like Reddit’s WallStreetBets and AMCStock, have advanced mostly in tandem in the past month. AMC stock (ticker: AMC) was up 19% to $19.56 Wednesday afternoon, while GameStop (GME) gained 16% to $242.32. Shares of fellow meme stocks Express (EXPR) and BlackBerry (BB) had surged 26% and 10%, respectively.</p><p><blockquote>AMC院线和游戏驿站的股价周三出现两位数上涨，延续了这一涨势，凸显了两种截然不同的股市态度：散户交易员在网上谈论轧空可能性，以及传统的华尔街研究。所谓的模因股票二人组通常受到华尔街分析师的严厉批评，但在Reddit的WallStreetBets和AMCStock等论坛上却受到喜爱，在过去一个月里几乎同步上涨。AMC股票（股票代码：AMC）周三下午上涨19%，至19.56美元，而游戏驿站(GME)上涨16%，至242.32美元。meme股票Express(EXPR)和黑莓(BB)的股价分别飙升26%和10%。</blockquote></p><p> For AMC, the latest jump came despite a change in view by the only analyst tracked by FactSet who had listed the stock at Buy. B. Riley analyst Eric Wold lowered his rating to Neutral, saying in a research note the stock’s recent surge left it well above his recently set $16 target for the price. He added that he didn’t think he could justify moving that target higher, given that the price now reflected AMC’s potential to benefit as vaccinations allow the public to go to the movies,the fact that theaters remain important in film distribution,and the company’s efforts to strengthen its balance sheet.</p><p><blockquote>对于AMC来说，尽管FactSet追踪的唯一一位将该股列为买入的分析师改变了看法，但最新的上涨还是发生了。B.Riley分析师Eric Wold将其评级下调至中性，他在一份研究报告中表示，该股最近的飙升使其远高于他最近设定的16美元目标价。他补充说，他认为没有理由提高这一目标，因为现在的价格反映了AMC因疫苗接种允许公众去看电影而受益的潜力、影院在电影发行中仍然很重要的事实以及该公司的努力加强其资产负债表。</blockquote></p><p> Of course, given that the shares are moving in line with GameStop and other meme stocks, there are likely other factors at play. Both AMC and GameStop stock were highly shorted by Wall Street firms who saw a chance to benefit as pandemic-related shutdowns worsened problems the pair faced before Covid-19 emerged.</p><p><blockquote>当然，鉴于该股的走势与游戏驿站和其他模因股票一致，可能还有其他因素在起作用。AMC和游戏驿站的股票都被华尔街公司高度做空，华尔街公司看到了受益的机会，因为与大流行相关的停工加剧了这两家公司在Covid-19出现之前面临的问题。</blockquote></p><p> That backfired tremendously early this year as retail investors bought the stocks, forcing the funds to buy as well to close out their negative bets. Prices skyrocketed.</p><p><blockquote>今年早些时候，当散户投资者购买股票时，这适得其反，迫使基金也买入以平仓负面押注。物价飞涨。</blockquote></p><p> Ihor Dusaniwsky, managing director at short selling analytics firm S3 Partners, told<i>Barron’s</i>short sellers were collectively down $6.7 billion in year-to-date losses on GameStop, including $382.7 million on Wednesday, alone. AMC short sellers were down $1.37 billion year to date, including $290.7 million on Wednesday.</p><p><blockquote>卖空分析公司S3 Partners董事总经理Ihor Dusaniwsky告诉<i>巴伦周刊</i>今年迄今为止，游戏驿站的卖空者总共损失了67亿美元，其中仅周三就损失了3.827亿美元。AMC卖空者今年迄今已下跌13.7亿美元，其中周三下跌2.907亿美元。</blockquote></p><p> S3 Partners estimates GameStop short interest sits at 11.55 million shares, or 20.3% of the shares available for trading. For AMC, S3 estimates a short interest of 92.29 million shares, or 20.6%. Dusaniwsky notes that both stocks still possess a high potential for a bigger squeeze, though it will depend on price moves.</p><p><blockquote>S3 Partners估计游戏驿站空头权益为1155万股，占可交易股份的20.3%。对于AMC，S3估计空头权益为9229万股，即20.6%。杜萨尼夫斯基指出，这两只股票仍然具有更大挤压的巨大潜力，尽管这将取决于价格走势。</blockquote></p><p> “We have started to see some short covering in GME as mark-to-market losses mount on the short side,” Dusaniwsky said. “AMC short sellers are still adding to their positions, albeit slightly, even though AMC’s stock price has been rallying.”</p><p><blockquote>杜萨尼夫斯基表示：“随着空头按市值计价的损失不断增加，我们已经开始看到GME出现了一些空头回补。”“尽管AMC股价一直在上涨，但AMC卖空者仍在加仓，尽管幅度很小。”</blockquote></p><p> The stocks’ passionate fans, meanwhile, have themselves become a shareholder constituency,as AMC CEO Adam Aron characterized them on the company’s earnings call earlier this month. The Reddit users see themselves as fighting a battle against Wall Street insiders that they believe rig markets against the average investor.</p><p><blockquote>与此同时，正如AMC首席执行官Adam Aron本月早些时候在公司收益看涨期权上所描述的那样，这些股票的热情粉丝本身也已成为股东选民。Reddit用户认为自己正在与华尔街内部人士进行一场战斗，他们认为华尔街内部人士操纵市场对抗普通投资者。</blockquote></p><p> Wold, the B. Riley analyst, told<i>Barron’s</i>that while the latest move for AMC has included nonfundamental factors, such as the potential for a short squeeze, he does believe investors are now more upbeat about its ability to avoid bankruptcy. Recent sales of stock have strengthened its balance sheet, he said.</p><p><blockquote>B.Riley分析师沃尔德告诉<i>巴伦周刊</i>尽管AMC的最新举措包括非基本面因素，例如轧空的可能性，但他确实认为投资者现在对其避免破产的能力更加乐观。他表示，最近的股票销售增强了其资产负债表。</blockquote></p><p> “It’s always difficult to comment repeatedly on any social media aspects that may or may not be influencing a stock price, but in this case, it was one that likely helped to take AMC to a place of surviving the pandemic vs. facing liquidation scenarios,” Wold said. “And with the number of retail investors likely now eclipsing the number of institutional investors through the various [at-the-market] equity programs in recent months, it makes sense that it’s becoming an increasing area of interest with the AMC story and to AMC management in general.”</p><p><blockquote>“总是很难反复评论任何可能影响或不影响股价的社交媒体方面，但在这种情况下，它可能有助于AMC在大流行中幸存下来，而不是面临清算的情况，”沃尔德说。“近几个月来，通过各种[市场]股票计划，散户投资者的数量可能超过了机构投资者的数量，因此AMC故事和AMC的故事越来越令人感兴趣，这是有道理的。一般管理。”</blockquote></p><p> Wedbush analyst Michael Pachter, who has a Sell rating and $39 price target on GameStop, likened the situation for Wall Street to a radiologist diagnosing a cancer, but not its cause. He said he is paid to tell investors what a company will earn in the future, but it is their job to figure out entry and exit points.</p><p><blockquote>Wedbush分析师Michael Pachter对游戏驿站给予卖出评级和39美元的目标价，他将华尔街的情况比作放射科医生诊断癌症，但不是其原因。他表示，他的工作是告诉投资者一家公司未来的收入，但他们的工作是找出进入点和退出点。</blockquote></p><p> “Yes, there are a lot of analysts who play along and have crazy high targets for momentum darlings, but I use comps to value the companies I cover,” he said. “If the comp base isn’t going up, I don’t make an exception for the outlier. I am completely unconcerned about the impact of Reddit Raiders and the short squeeze, it has no impact on what GME or AMC will earn this year and next.”</p><p><blockquote>“是的，有很多分析师配合并为动量宠儿设定了疯狂的高目标，但我使用比较来评估我所研究的公司，”他说。“如果比较基数没有上升，我不会为异常值破例。我完全不关心Reddit Raiders和轧空的影响，它对GME或AMC今年的收入没有影响和明年。”</blockquote></p><p> For now though, it is hard to argue against what potential short squeezes could mean for the stocks.</p><p><blockquote>但就目前而言，很难反驳潜在的轧空对股票意味着什么。</blockquote></p><p></p>\n<div class=\"bt-text\">\n\n\n<p> 来源：<a href=\"https://www.barrons.com/articles/amc-gamestop-meme-stock-squeeze-51622060656?mod=hp_LEAD_4\">Barrons</a></p>\n<p>为提升您的阅读体验，我们对本页面进行了排版优化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"EXPR":"Express, Inc.","BB":"黑莓","AMC":"AMC院线","GME":"游戏驿站"},"source_url":"https://www.barrons.com/articles/amc-gamestop-meme-stock-squeeze-51622060656?mod=hp_LEAD_4","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157159209","content_text":"Shares of AMC Entertainment and GameStop posted double-digit jumps on Wednesday, continuing a rally that highlights two radically different approaches to stocks: that of the retail traders chatting online about the potential for short squeezes, and traditional Wall Street research. The so-called meme-stock duo, generally panned by Wall Street analysts but loved on forums like Reddit’s WallStreetBets and AMCStock, have advanced mostly in tandem in the past month. AMC stock (ticker: AMC) was up 19% to $19.56 Wednesday afternoon, while GameStop (GME) gained 16% to $242.32. Shares of fellow meme stocks Express (EXPR) and BlackBerry (BB) had surged 26% and 10%, respectively.\nFor AMC, the latest jump came despite a change in view by the only analyst tracked by FactSet who had listed the stock at Buy. B. Riley analyst Eric Wold lowered his rating to Neutral, saying in a research note the stock’s recent surge left it well above his recently set $16 target for the price. He added that he didn’t think he could justify moving that target higher, given that the price now reflected AMC’s potential to benefit as vaccinations allow the public to go to the movies,the fact that theaters remain important in film distribution,and the company’s efforts to strengthen its balance sheet.\nOf course, given that the shares are moving in line with GameStop and other meme stocks, there are likely other factors at play. Both AMC and GameStop stock were highly shorted by Wall Street firms who saw a chance to benefit as pandemic-related shutdowns worsened problems the pair faced before Covid-19 emerged.\nThat backfired tremendously early this year as retail investors bought the stocks, forcing the funds to buy as well to close out their negative bets. Prices skyrocketed.\nIhor Dusaniwsky, managing director at short selling analytics firm S3 Partners, toldBarron’sshort sellers were collectively down $6.7 billion in year-to-date losses on GameStop, including $382.7 million on Wednesday, alone. AMC short sellers were down $1.37 billion year to date, including $290.7 million on Wednesday.\nS3 Partners estimates GameStop short interest sits at 11.55 million shares, or 20.3% of the shares available for trading. For AMC, S3 estimates a short interest of 92.29 million shares, or 20.6%. Dusaniwsky notes that both stocks still possess a high potential for a bigger squeeze, though it will depend on price moves.\n“We have started to see some short covering in GME as mark-to-market losses mount on the short side,” Dusaniwsky said. “AMC short sellers are still adding to their positions, albeit slightly, even though AMC’s stock price has been rallying.”\nThe stocks’ passionate fans, meanwhile, have themselves become a shareholder constituency,as AMC CEO Adam Aron characterized them on the company’s earnings call earlier this month. The Reddit users see themselves as fighting a battle against Wall Street insiders that they believe rig markets against the average investor.\nWold, the B. Riley analyst, toldBarron’sthat while the latest move for AMC has included nonfundamental factors, such as the potential for a short squeeze, he does believe investors are now more upbeat about its ability to avoid bankruptcy. Recent sales of stock have strengthened its balance sheet, he said.\n“It’s always difficult to comment repeatedly on any social media aspects that may or may not be influencing a stock price, but in this case, it was one that likely helped to take AMC to a place of surviving the pandemic vs. facing liquidation scenarios,” Wold said. “And with the number of retail investors likely now eclipsing the number of institutional investors through the various [at-the-market] equity programs in recent months, it makes sense that it’s becoming an increasing area of interest with the AMC story and to AMC management in general.”\nWedbush analyst Michael Pachter, who has a Sell rating and $39 price target on GameStop, likened the situation for Wall Street to a radiologist diagnosing a cancer, but not its cause. He said he is paid to tell investors what a company will earn in the future, but it is their job to figure out entry and exit points.\n“Yes, there are a lot of analysts who play along and have crazy high targets for momentum darlings, but I use comps to value the companies I cover,” he said. “If the comp base isn’t going up, I don’t make an exception for the outlier. I am completely unconcerned about the impact of Reddit Raiders and the short squeeze, it has no impact on what GME or AMC will earn this year and next.”\nFor now though, it is hard to argue against what potential short squeezes could mean for the stocks.","news_type":1,"symbols_score_info":{"GME":0.9,"EXPR":0.9,"BB":0.9,"AMC":0.9}},"isVote":1,"tweetType":1,"viewCount":530,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":9,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/132562298"}
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