joining us tonight, victoria hernandez, cnbc contributor and dilano let get to the first trade the hottest the movie theater stock posting blockbus

joining us tonight, victoria hernandez, cnbc contributor and dilano let get to the first trade the hottest trade in the market now. amc. the movie theater stock posting blockbuster gains this week. more than doubling since monday. the stock pulling back today, though the move comes as the reddit army takes aim let's go inside the trade. kate rooney kicking us off with more on this great hollywood comeback hi. >> happy friday. this week felt a little like what happened in january with gamestop remember that? the reddit trading crowd hyping up another stock this week, amc. a #amc squeeze and amc strong. amc almost tripled 20% of the sales were sold short. many betted the price would go lower. that's about four times the average according to data from s 3. amc was active with 700 million shares on thursday alone that's about seven times where it is on a normal day and amc traders are selling on reddit, it's not a great week to bet against that stock or meme trades the total loss for traders betting against amc, gamestop and virgin galactic are $2.8 billion this week alone and yesterday, just