5/23/2023 0 Comments Amc the big short![]() "If hedge funds wanted to get out of their entire position, if they were short, they could do it within minutes," he said, adding that the AMC Entertainment price action does not point to big institutions or hedge funds being squeezed.Īn "army of retail investors" claims they are going to buy, hold and refuse to sell, Greenfield said, adding that he finds the notion funny because "retail is selling to retail at ever higher prices," and some are making large amounts of money in the process. What Happened: 680 million shares were traded Thursday, yet AMC Entertainment only has 450 million shares outstanding, Greenfield said. The recent move in AMC Entertainment (NYSE: AMC) has nothing to do with a short squeeze, Lightshed Partners analyst Rich Greenfield said Friday on CNBC's "Squawk Box."
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