Bio- This is not a normal short squeeze that can be unwound....the shear number of counterfeit shares printed Friday to keep this from squeezing in the AH IMO was close to 1/2 the volume traded. It’s impossible to calculate, for us, but the SEC can and will keep track. Shorts can’t buy back counterfeit shares without this squeezing and at that point they will be drained of ALL real funds. What’s happening is so fraudulently corrupt IMO the SEC is literally in shock.
I bought tons of AMC during Robinhood/Point 72/Citadel massacre of retail 1-27...I then learned of the crimes....the SEC MUST unwind or US Market is destroyed period. Only way for counterfeit shares to be recalled is after real squeeze peaks. IMO this is the epic destruction of a Market Maker that went rogue because they “thought” they could unwind slowly like always. Has the devil been using counterfeit shares for years in other securities to unwind positions? That’s what Federal Prosecutors will be investigating after the criminal organization is taken out.
Hopefully the SEC is smart enough to get this done prior to June 2 or AMC has legal recourse.
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