Was watching this dudes video just now. I think he makes good points at times so I check his drops out. He’s saying that AMC is not going to squeeze until GME squeezes. He believes they are allowing AMC to run up so that GME holders might liquidate and buy AMC. He posits that they are willing to lose money on AMC because when GME squeezes it will be catastrophic for them being that it’s sitting much higher, so they’re trying to drive GME buying pressure down by offsetting it AMC. He also says just knowing the number of short interest is useless if you don’t know the total number of naked shorts. I disagree with him, but interesting idea.
People who are holding GameStop and have been for six months are not going to sell to buy AMC.