Retail traders ‘hodling’ AMC Entertainment Holdings Inc. stock celebrated in a number of subreddits on Monday after a 7-foot-tall statue of Harambe was positioned facing Wall Street’s charging bull. The statue, depicting a 17-year-old gorilla who died in 2016, was installed by Sapien.Network to represent wealth disparity. Investors of AMC and GameStop Corporation have been diamond handing and accumulating shares of the stocks since, at least, the end of 2020. Their mission is to fight for increased fairness and transparency on Wall Street. Despite many short sellers believing AMC is overvalued and will eventually plummet, the stock has held strong above the $30 range since June 1. On Monday and Tuesday, bullish options activity continued to increase, indicating institutions may believe the stock is about to fly higher. AMC has been trading in a large pennant on the daily chart since June 2 and is set to meet the apex …
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