Wednesday, May 05, 2021 3:01:54 PM
One of the five reasons:
1) They're relying on their insurance - which I think at this point isn't the reason, because their lenders are not blind and they would have stopped this criminal act by now.
2) They probably think they can still bankrupt AMC or get individuals to sell for cheap the more they illegally manipulate the price down. Over 3 million shareholders becoming more knowledgeable of the situation. HFs hole gets bigger each day.
3) They have an ace on their sleeve. Which I don't think so, because of so much exposure of their wrong doings.
4) They think they can keep up with this shorting game indefinitely.
5) They're buying time, shorting other stocks in order to make money to cover their losses.
In the end, I believe the US government will end up printing more money to buy our shares...
**DISCLOSURE** My posts express my sole opinion. They are not investment advice nor a recommendation regarding any course of action. My opinions are subject to change without notice. Assess investments according to your personal financial circumstances.
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