$AMC Entertainment(AMC)$This is a follow up to my post yesterday. The data is disgusting. On a bloody red day on amc short interest continues to climb more than 5%. In layman's term, just keep holding on to your position, a disgusting rip is bound to happen, my last few post I update on the breakout at the end of the wedge and this is the breakout downside (pic2). Shorts are not covered yet and $70 is the price I am going to watch for the MOASS to happen. In the short term today I am looking at 39-40 to get the tasty bounce back to 50 region. Hedgies are in billions of dollars of debt and in due time due to capital requirement they will soon need to cover their short position if we continue to hold. That's the name of the game. Keep holding on. This volatile price action can shake the paperhands and invite new and current apes to buy more. If you have no more available funds to buy just hold and you'll be surprised. Not a financial advice. Do your own DD please.