WYCKOFF SCHEMATIC 1 IDEA
If conversion approved by court I see something along these lines. If conversion somehow denied then I imagine schematic 2 would be more accurare before ultimately the company going bankrupt because of inability to raise cash. 99% certain conversion is imminent and ultimately will provide AMC the liquidity to thrive.
Showing October as the big move because I think October will be the month that liquidity becomes an issue and shorts will have to cover. The 50 would also be crossing the 200 around then which could lead to more institutional money pouring in.
Not financial advice, just my thoughts.
Showing October as the big move because I think October will be the month that liquidity becomes an issue and shorts will have to cover. The 50 would also be crossing the 200 around then which could lead to more institutional money pouring in.
Not financial advice, just my thoughts.
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