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Re: harry crumb post# 118930

Wednesday, 03/01/2023 4:48:25 PM

Wednesday, March 01, 2023 4:48:25 PM

Post# of 141533
The number of shares they have to buy gets divided by 10 as well. Reducing the number of shares they owe back. So the less number of shares to buy back reduces the pressure on a short to close the position. Although the 10% of shares they have to buy back is 10 times more expensive. I am sure the price of the shares is not as bad as finding real AMC shares to close ones short AMC position is. Considering the high CTB fees. If we do a RS we just ease the shorts pain to close their short AMC positions. So a RS is a welcome thought to a large AMC shorting company like Citadel. That is why AA is recommending it. Because he is in bed with the big shorts like Citadel. Why did AA sell 200M APE shares to Antara for $0.55 PPS if he was not in bed with these bastards?
That is why I recommend people not vote YES for a RS. The RS is all a numbers game and in some cases it removes the possibility of a short squeeze which is mostly a psychological game for everyone.

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