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Re: paythejuice post# 20841

Monday, 03/29/2021 11:04:14 AM

Monday, March 29, 2021 11:04:14 AM

Post# of 147577
I'm sure all the insider selling news is confusing the market this am. This is not a good sign for sure.

I'm certain that No HF wants to go Bankrupt, but they have legal teams that are working on what's best for them. In the end, it's all about money. Does the HF that's short a billion shares of AMC go Bankrupt, rather than cover? If so, exactly what happens to all the shares they shorted?

Yes, I believe that the markets are confused today, I'm confused, too, for I have no idea what happens either. That's an out (going belly up) that has not been factored in on how they are going to buy back shorted AMC shares.

IMO, if it's cheaper for a company to go belly up, rather than buy back all the shares they shorted, they will go belly up.
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