InvestorsHub Logo
Followers 714
Posts 21734
Boards Moderated 4
Alias Born 04/30/2007

Re: None

Sunday, 04/04/2021 3:50:07 PM

Sunday, April 04, 2021 3:50:07 PM

Post# of 138986
$AMC Class Action lawsuits -

Based upon leaked stories of SEC investigations or other media exposes, a handful of law firms immediately file class-action shareholder suits. Milberg Weiss, before they were disbanded as a result of a Justice Department investigation, could be counted on to file a class-action suit against a company that was under short attack.
Allegations of accounting improprieties that were made in the complaint would be reported as being the truth by the short friendly media, again causing panic among small investors.

Interfering with $AMC company's customers, financings, etc. -

If the $AMC shorts became aware of clients, customers or financings that the target company was working on, they would call and tell lies or otherwise attempt to persuade the customer to abandon the transaction. Allegedly the shorts have gone so far as to bribe public officials to dissuade them from using a company's product.

Pulling margin from long $AMC customers -

The clearinghouses and broker dealers who finance margin accounts will suddenly pull all long margin $AMC availability, citing very transparent reasons for the abrupt change in lending policy. This causes a flood of margin selling, which further drives the stock price down and gets the shorts the cheap long shares that they need to cover.

Please do your own DD, do not base your investment decisions on my or anyone else's post

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent AMC News