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Sonny Crockett

12/18/21 1:43 PM

#84570 RE: Melvin Capital #84568

You wonder what the end game will look like. A "managed event?" Buy button disappearing again? I can see AMC getting frozen for a day, and then re opening at $1000/share and falling from there with no new buying allowed.

Invest83838

12/18/21 2:02 PM

#84572 RE: Melvin Capital #84568

Melvin, My Point is

Per Yahoo (may not be 100% accurate but should be close)

there are 513 million shares outstanding

So, for easy ratio comparison purposes, say 500 million shares

If there are, for example also 1 billion synthetic shares of AMC,

If these 1 billion synthetic shares get officially recognized by the SEC in the end of all of this

I think it is possible that the current share value at that time

would be diluted by 2/3rds or in essence be 1/3 of the value at that time

since instead of 500 million ( = 0.5 billion) shares at a certain value

We would have 1.5 billion shares at that same certain value

I sincerely hope it doesn't work out this way

and that it goes the opposite way like so many (including me) are hoping