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AMC vs APE

NYSE:APE   None
It is clear that APE has more shorts set on it than AMC. However looking at this chart, you can see a clear contrast between the two. APE is heavily oversold and AMC is following along. If AMC will give an updated income report for the holdings, theaters, we could see both stocks bounce. Many think we are going to see a Massive Short Squeeze. Well according to this charts, the APE's are losing and BIG Wall Street is winning. Longs are getting toasted, exactly what the Hedgies wanted with AA releasing these preferreds. It has backfired extensively and is causing APE's to divest, you can see it on the chart.
Penafian

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