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ZS Associates Hello folks, I am a permanent employee of Persistent. I am deputed at the client side. My client is an ZS associate. Recently I have resigned from persistent. But ZS is very happy with my work. They don't want me to go. My ZS manager has asked the persis manager to retain me OR remove the cooling period clause, ZS is ready to hire me as a permanent employee. I will be very happy is ZS takes me as Permanent employee. But will persistent remove cooling period clause? Persistent Systems Limited ZS
This happens way too often.
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What's the current short % on AMC?
# shares shorted over float
I have 1110 shares of AMC
AMC is throwing your money away. It is NOT the same as GME.
First off, GME was shorted at 138%. I don't recall exactly how much AMC was shorted, but it was way less than half of that - it probably isn't "squeezeable" right now.
Second, GME has actually pivoted pretty well and still provides a valuable (albeit less valuable than in the past) service to customers - for example, as a distribution channel for consoles and as a trusted medium to buy old games and consoles. Not only does AMC not provide any competitive service (why on earth would you spend $60 on tickets and snacks when you could watch and rent for $15 even IF you actually paid for the movie), their locations have been CLOSED since covid began.
The only real argument for AMC is that it's a meme stock, and meme stocks only go up... but how long is going to remain a meme? Once people get tired of WSB, I think you'll see AMC sink back down to where it was unless there are drastic changes.
https://finviz.com/screener.ashx?v=131&o=-shortinterestshare&ar=180&t=AMC
Buy and hold. Also ppl will rush to the theater after the pandemic.