We believed that we owned the float and that the shorts had to cover. The fact we have found out is that this whole thing lacks a forcing mechanism and it seems as if the SEC is just lip service.
All that HODL and all of that bs in all honesty provides them a steady retail consumer base to continually manipulate.
and I’ve yet to see a discord or chat that was honest where people didn’t point out the flaws or half truths in this play. Notice you rarely see FUD and all of that tied to anything outside of AMC/GME/bullshyt crypto.
no one ever says you’re spreading fud if you have reasons for why you don’t want to invest in Palantir or NIO or Walmart. But if you notice some flaws in AMC it’s instantly FUD
Those are valid observations, but again I would point to the hundreds of articles out there that says AMC is a bust. The endless manipulation of both stocks. The big lie that they closed out shorts on GME via Melvin, yet we see that Melvin has lost billions in 3weeks of 2022, the removal of the buy button. This shyt has been referred to as a black swan a unicorn, a once in a lifetime event and folks keep forgetting the seriousness of it. For the first time ever they are damned if they do and damned if they don't make a move on this situation. Meanwhile they've been trying to grind it to a halt with the price action.
On any given day there is an avg of 3% turnover
60% of buy orders are sent through the darkpool
Fundamentals of both have consistently improved
The float of both is owned by retail
I have no problem going long, you poke around enough out here and you will find people who work in the industry with education, years of experience and millions invested locked in. All the institutions have increased positions. The price doesn't tell the whole story. Folks with time and money are salivating at the mouth while us Lil folk down here grieving over a few bands. If this shyt flops I'll be the first to come in here and say I lost. But i just don't see a losing battle. Too many folks richer and smarter than me are all in. That's all the confirmation bias I need.
