Maybe not. We have to wait and see. If the company fundamentals continue to improve, and the shorts refuse to close, the short squeeze improves each day. It may take longer, but longer is better than never.
I really dont think its a matter of if, but how fast. Adam Aaron is a great CEO.
Their credit card line is coming out (Adam Aaron is one of the pioneers of Airline Credit cards and points.)
AMC Perfectly Popcorn line at grocery, convenience and mall kiosks.
HYMC Goldmine which looks very promising. Movie advertising company threw him free shares to help improve them (NCMI has gone up from 80 cents to a buck seventy,) professional services available for companies to help their books and revamp their businesses, Another 100 million dollars had been allocated out of their over billion cash on hand to invest in another business venture........just to name a good handful of things making AMC a transnational conglomerate.
Oh what else, he has been negotiating good deals to pay down debt at a heavy discount. And regardless of what people think of APE, it will allow them to raise money and make them debt free and cash positive which is the ultimate nail in the coffin for the failed short thesis, which is already dead anyways.
Im holding as long as it takes, the shorts havent covered and thats that. Ill still make alot of money even if it doesnt squeeze.