The AMC Stock Discussion Thread

[The D-List Vet]

so nothing yet?

 

[DJ Paul's Arm]

 

[Leavingtheecstasy]

Haven't got to read it but he's basically talking about this moment like it was just an outlier moment that should never happen again. Like absolutely nothing illegal took place at this time and it was just "interesting"

 

[I Really Mean It]

Reddit goes down the minute this report is released. Apes in search of some answers must be swarming the servers.

 

[humminbird]

Why

 

[I Really Mean It]

The report confirms that they haven’t covered. This is huge. I think we are as close as we’ve ever been to MOASS.

 

[Leavingtheecstasy]

The report confirms that they haven’t covered. This is huge. I think we are as close as we’ve ever been to MOASS.

They also said amc's short interest was only 11%.

I really don't believe that

 

[Shabazz]

They also said amc's short interest was only 11%.

I really don't believe that

What about gme

 

[Leavingtheecstasy]

What about gme

I believe it was 122%

 

[humminbird]

They also said amc's short interest was only 11%.

I really don't believe that

that can't be right
we would be back at like $20 again

 

[Sinnerman]

I think the 11 percent short interest they are referring to was the short interest in January. It's currently at 17 percent.

Looks like, from the report, the SEC won't be taking any action

 

[Leavingtheecstasy]

I think the 11 percent short interest they are referring to was the short interest in January. It's currently at 17 percent.

Looks like, from the report, the SEC won't be taking any action

Oh yeah that's been obvious since February

If you're praying the SEC is what gets us out of this you're gonna be disappointed repeatedly.

 

[I Really Mean It]

It’s clear the SEC is siding with us without coming out and explicitly saying it. This is a key part of the report:

4. Conclusions

The extreme volatility in meme stocks in January 2021 tested the capacity and resiliency of our securities markets in a way that few could have anticipated. At the same time, the trading in meme stocks during this time highlighted an important feature of United States securities markets in the 21st century: broad participation. There are many different types of investors, and they buy and sell stocks for many different reasons. However, when share prices change rapidly and brokerage firms suddenly suspend trading, investors may lose money. Underneath the memes are actual companies, with employees, customers, and plans to invest in the future. Those who bought GameStop became co-owners of a company through a system of mutual trust and participation that sustains our economy. People may disagree about the prospects of GameStop and the other meme stocks, but those disagreements are what should lead to price discovery rather than disruptions. These events present an opportunity to reflect on the market structure and regulatory framework and identify additional areas for potential study and further consideration in the interests of protecting investors, maintaining fair, orderly, and efficient markets, and facilitating capital formation.

 

[Secure Da Bag]

It’s clear the SEC is siding with us without coming out and explicitly saying it. This is a key part of the report:

This reads like the Mueller report. "We know they did something wrong. We'll list what we don't agree with is right. But we also won't say explicitly that it's wrong and leave it up to someone else to do that."

 

[Kenny West]

SEC report confirms that shorts never covered their GME positons in January. Ot at all. Once again proving that @Master Teacher is wrong about everything he posts.

Word to Deontay Wilder