AMC's Valuation Is Bloated Following Its Massive Share Sales
March 2nd before the Wanda share sale, the float was already north of 400 mil. 2 dilutions ago. It was 450 mil on their last filing in April, BEFORE the last dilution.
The gains don't lie. Lower supply+ higher demand = stock price goes higher. These stocks were the same price during the Covid crash but AMC diluted their share supply over 4 times the amount in 12 months. There is no way they could ever possibly be more short on AMC when the CEO is issuing new stock every other month.
More insiders and institutions bought into GME, and always have. Some at price levels price levels above 100$, so that is a dumb point. This is just proof all these AMC narratives are just repurposed GME DD.
If the shorts covered in January how did over 10% of the float fail to deliver the week they suspended trading? Why would they suspend trading to begin with?
You can't say any of that naked shorting stuff and try to say it's happening to AMC but not GME. GME is the poster child for it. They're short more stock than ever existed while retail was trading 4x the amount of shares ever issued before trading was halted. The hearings are about Gamestop.
Lastly AMC Ortex short interest is lower than GME
Notice how he hasn't posted about GME's short intrest in a while. Probably because its higher while AMC's is down.
https://www.google.com/url?sa=t&sou...FjALegQIBhAC&usg=AOvVaw2emxEWNSE6va6lirZ3Lc7F
It was never shorted more than GME. Ever.
Securities Lending Report: 5/10/21 – 5/14/21 - Traders' Insight
Pick any week you want going back to 2020, GME always has the largest short value. B b but where AMC?