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Yes it was shorted to oblivion. Different rules may result in better conclusion.
Gotta see if anything will be enforced.
Just get ready for some wild swings. At some point it will stop moving in penny’s both ways.
Who’s videos are you referring too?
I had to save this post, this is the most informative one I’ve seen today.
Thanks
What’s the crime if they don’t? who will replace them. Seems like we got no one to complain too or enforce any by-laws.
They better not let this close over 14 today.
It will get crazy around here real quick.
I don’t get your point. Your saying a short squeeze is on the way, but not as high as we think because AMC is actually helping the people who tried to bankrupt them?
I agree, I’d be surprised if we just weren’t bought out for 10% value with SPE commons.
How do we know which Hedge are short AMC?
What do you think about the recent buys?
You think they’ll be included in any payout?
20%? Heck is the shorts haven’t covered by the 19th I suspect the interest rate to be way north of 60% easily.
Wall Street kid...Remember the interest rate for these shorts can go into the hundreds. This is a yearly rate so right now their not being hit as hard as we would like. But it’s going up quickly and can rise like a rocket ship.
Low volume upswing is my prediction for today. Not large, but upwards.
Cura, “they don’t need to comply with their duty to file reports”?
I’m curious why wouldn’t they?
30-40% is astronomical. GME rise was triggered in the 20’s.
Is the borrowing rate still at 8.6%?
P/E adjusted, expecting big price movements before 6/30. But first some past issues need to be cleared up.
Yes, I’m hope this takes us to the 20’s.
It’s a huge cup.
Is the current borrowing rate still 8%?
I think GME starting moving when it hit like
20% right?
Any opinions on the FDIC closure and when some movement might happen?
Planet, you post are refreshing in a time of uncertainty.
Thank you
Prison would not be as harsh as bankrupt and that’s where many people behind the screens of this trade are heading...and soon.
Little Friday evening jam...
Huh??? What the hell was that? Did that close at 8.01?
Dangit. I’m in at 7.96.
I’m buying now it’s got too low. .10 higher
Like people livelihoods depend on it.
This is serious. I’m got another 2500 to throw at it at 3:50 above the ask.
Too close to the mark, they’ll get it under 8. It’ll be a battle though. Looks like a lot of buys rolling in.
Really, billions of dollars on the line next week and you think every trick in the world will not be done to hold this down. It can run next week, but I said yesterday I think the entire market goes down to prevent any short coverings. Also who ever borrowed that 53M shares yesterday is probably helping.
Eight?!! Let this close north of 10 today and the margin calls will be incredible.
I loved watching Cramer trying to explain what was going on yesterday.
We’re basically gaming the system and we’re criminals for doing it :)
So for all for all my old heads out there, this is for you.
You think they can limit buying again? They wouldn’t be able to explain that a second time. This was supposed to happen at the end of Jan. I can’t believe anyone would be stupid enough not to take advantage and cover with the GME lesson they had.
I need to understand that better. I thought if AMC doesn’t close over 8.01 tomorrow there is no squeeze possible. The options close out of the money.
Earnings should push it down some.
I thought closing at $8.00 tmrw was easy with the volume and the reopening news, now I’m not so sure. They’ll use this news to their advantage.
But we’re not trading on fundamentals or common sense, it’s survival vs. greed or
Hedge vs. Retail.
We will see
I starting to think that by all means they have this close under 8 tomorrow.
No excuses in front of committees will help them.
So it looks like GME under 200 and AMC under 8 by tomorrow afternoon or some big wigs will need another loan over the weekend. How do you cheat this time though? I was waiting for the restrictions but I haven’t seen any. It can run Monday, but not this week.
Bob, what was this filed?
Dow down -500 we turning 300M shares with 334M outstanding. This will run after hours, but I still question if we can break 12 by tomorrow afternoon.
Remember the last time these Meme stocks rose at the end of Jan, the whole market tanked. Could be a repeat. We could close over 8 tomorrow, but 12 is a stretch if big money manipulation is involved.
There is no doubt monies were deposited according to the agreements. I’m not sure if it can be held up until the FDIC finishes their job. No tax laws, reporting periods or T+5 trading days can explain why we’ve seen nothing except two things:
We get nothing or it’s held up till the FDIC is done.
They expecting a new P/E evaluation by 6/30 is what I heard in the call. Will help to increase the PPS greatly. They never explained where all these new assets they plan on boarding would originate from. Nevertheless they seem to be going forward without escrows involvement.
Thanks I was surprised they only had 89M shares available. Just trying to figure out what we’re working with. Every quarter we would usually miss earnings due to MTM write downs, but now it’s a 2buck per share dilution.
Just found that interesting.