AMC...
regarding fact check..
Adam stated
"If you exclude index funds who have no choice but to own and hold AMC shares, individual retail investors would seem to own more than 90% of our officially issued 516 million shares as of today.
That is a very bizarre way to say something.
Thats like saying "If you exclude my debt, I actually have a lot of money".
1) why exclude any format of shareholders. Are those shares not part of the outstanding? Are those shares over and above the 516m shares out?
2) If not, if you exclude them, should you not also exclude the shares amount owned by them and remove that number from the share count first and then state that retail shareholders own 90 % of those remaining shares?
That might mean something completely different in the realm of things.
Fuzzy Math, much?
And why would Adam say "Would seem to own"
Would Seem to own? They either do or they don't. WTH is that about?
No wonder this gets sent to imaginary land.
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