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nygrande

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nygrande

Re: Nebuchadnezzar post# 28746

Wednesday, 05/05/2021 3:13:41 PM

Wednesday, May 05, 2021 3:13:41 PM

Post# of 140118
The intention was to bankrupt AMC. Like they did to Toy 'R' Us and Circuit City, just to name a couple well known examples. AMC and GME were targeted because their bad to worse financial situation.
What they didn't count on was the retailers out smarting them and begin buying and holding.
I guess by now hedge funds realized their plan backfired, so they turned to desperate mode.

**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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