I think we've held the float for quite some time. Supply and demand is completely out of sync now with the billions of imaginary shares that keep appearing out of thin air.
Two things are at play. Everyone please understand that the reports of not being able to buy AMC are coming from overseas retail customers. Their brokers to not have a "secret" business relationship with the USAs HF or MM. There is no counterfeit shares being given to ANY over seas broker. Hence, retail customers are not able to buy AMC.
Luckily for us this signifies two things. 1. The HFs/MMs have that deeper business ties with US based brokers. Which leads to 2. And that is because of this relationship the HFs/MMs have no problem issuing counterfeit shares over and over again. They have a oligarchy relationship with Wall Street. Pay for order flow is another part of the equation.
In the end this tells EVERYONE that the end is very much so near. Imo if you have the ability to double down, I'd be really considering it if it were me. This is not financial advise.