Friday, December 17, 2021 8:41:22 PM
Several news outlets have reported that HF have lost several billion $$ shorting the meme stocks. They had AMC on the ropes and planned to short them into bankruptcy, like they successfully did with several other failing corporate entities.
The difference here is the Apes stepped in and drove the price up, and the HF (which are now trapped) kept shorting, believing they had more ammo and willpower. They were wrong, which is why they have lost billions $$ shorting it from $2-$4 or whatever low figure you want to use. The HF are underwater and it is costing them big $$.
There is no easy way out of this one. The HF are kicking the can down the road and the government has allowed this charade to go on long enough, without enforcement. Clearly, the government doesn't want disruptions in the markets, with covid and mid-term elections coming up.
Soon it will be time to pay the piper (Apes).
Recent AMC News
- ZenaTech, Inc. (NASDAQ: ZENA) Launchs IQ Nano Drone for Commercial Indoor Use • InvestorsHub NewsWire • 10/10/2024 12:09:56 PM
- LAIKA Sets Coraline Limited-Time Return Engagement for Halloween Starting October 31st Through Fathom and Trafalgar Releasing • Business Wire • 10/04/2024 04:00:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/30/2024 11:39:26 AM
- Amcor's long-term SBTi targets confirmed • PR Newswire (US) • 09/26/2024 03:15:00 PM
- Nike Shares Surge 7% Pre-Market as Elliott Hill Becomes CEO; FedEx Shares Tumble 13% After Profit Miss • IH Market News • 09/20/2024 10:02:58 AM
- AIG names new CFO; Progyny Drops 24% After Losing Key 2025 Contract; Exicure Jumps 190% With Nasdaq Extension • IH Market News • 09/19/2024 10:26:48 AM
- AMC Entertainment Holdings, Inc. Board of Directors Elects Marcus Glover to Serve as a Director of the Company, Effective September 12, 2024 • Business Wire • 09/16/2024 10:45:00 AM
- Amcor announces senior executive appointments to accelerate organic growth • PR Newswire (US) • 09/05/2024 08:10:00 PM
- Qualcomm Develops Mixed Reality Glasses; Verizon to Boost Dividend, Eyes Acquisition; Samsonite Plans US Dual Listing • IH Market News • 09/05/2024 10:11:35 AM
- Amcor appoints Peter Konieczny as Chief Executive Officer • PR Newswire (US) • 09/04/2024 08:10:00 PM
- BRANDON LAKE AND PHIL WICKHAM PRESENT 'FOR THE ONE' TOUR DOCUMENTARY WITH FATHOM • PR Newswire (US) • 08/27/2024 01:02:00 PM
- GND Media Group, in Association with Pure Flix and Fathom, Reveal Official Trailer for AVERAGE JOE • PR Newswire (US) • 08/20/2024 04:30:00 PM
- Amcor publishes Decarbonization Roadmap • PR Newswire (US) • 08/20/2024 02:12:00 PM
- AMC Entertainment Holdings, Inc. Reports Second Quarter 2024 Results • Business Wire • 08/02/2024 08:15:00 PM
- ASML Rises 7% on Export Waiver; Intel Plans Layoffs, HSBC $3B Buyback Announced, and More • IH Market News • 07/31/2024 09:55:50 AM
- RENDEZVOUS IN PARIS Concert Film Coming to Global Cinemas Beginning September 12 • Business Wire • 07/30/2024 01:00:00 PM
- AMC Entertainment Posts Its Highest Weekend Attendance and Admissions Revenue of 2024 – In the U.S. and Globally – And Its Highest Weekend for Food & Beverage Revenue in the U.S. Since 2019 • Business Wire • 07/29/2024 12:15:00 PM
- NBA Signs $77 Billion Broadcast Deal, CrowdStrike Criticized for Insufficient Reward, Honda Shuts Down Chinese Factory • IH Market News • 07/25/2024 10:15:46 AM
- AMC Entertainment Holdings, Inc. Previews Second Quarter 2024 Preliminary Results and Announces Second Quarter 2024 Earnings Webcast • Business Wire • 07/24/2024 01:26:00 PM
- Johnson Controls Division Sold for $8 Billion; Alphabet’s Offer Rejected by Wiz; AMD President Announces Retirement • IH Market News • 07/23/2024 10:00:52 AM
- AMC Entertainment Holdings, Inc. Announces Collaborative Refinancing Transactions that Extend Up To $2.45 Billion of Debt Maturities from 2026 to 2029 and Beyond • Business Wire • 07/22/2024 05:48:00 PM
- Sight & Sound Partners to Premiere Their First Ever LIVE Broadcast into Movie Theaters Nationwide, Courtesy of Fathom Events • GlobeNewswire Inc. • 07/09/2024 02:00:08 PM
- BP Slashes Profit Forecast by $700 Million; Morgan Stanley Predicts S&P 500 10% Drop, and More News • IH Market News • 07/09/2024 10:54:32 AM
- More Than 4 Million U.S. Moviegoers Spent Part of Their Extended Holiday Weekend at AMC Theatres® as the Company Recorded Its Highest Domestic Attendance – for a Wednesday Through Sunday – in 2024 • Business Wire • 07/08/2024 12:15:00 PM
ZenaTech, Inc. (NASDAQ: ZENA) Launchs IQ Nano Drone for Commercial Indoor Use • HALO • Oct 10, 2024 8:09 AM
CBD Life Sciences Inc. (CBDL) Targets Alibaba as the Next Retail Giant for Wholesale Expansion of Top-Selling CBD Products • CBDL • Oct 10, 2024 8:00 AM
Foremost Lithium Announces Option Agreement with Denison on 10 Uranium Projects Spanning over 330,000 Acres in the Athabasca Basin, Saskatchewan • FAT • Oct 10, 2024 5:51 AM
Element79 Gold Corp. Reports Significant Progress in Community Relations and Development Efforts in Chachas, Peru • ELEM • Oct 9, 2024 10:30 AM
Unitronix Corp Launches Share Buyback Initiative • UTRX • Oct 9, 2024 9:10 AM
BASANITE INDUSTRIES, LLC RECEIVES U.S. PATENT FOR ITS BASAFLEX™ BASALT FIBER COMPOSITE REBAR AND METHOD OF MANUFACTURING • BASA • Oct 9, 2024 7:30 AM