IsThatBrothaMouzone?
Superstar
It is a lie. Do your dd. And, they’re legally bound to transfer the money. These are protected securities. If AMC investors - whose numbers are in the millions, located in the US and abroad - weren’t allowed to cash out money that was a return on their investment, it would cause a wholesale withdrawal from the market and send stocks crashing.
But I won’t argue with you. Hope you invested and hold.
Good points.
Government has taken steps because they know the fallout is going to be (potentially) crazy.
There are 330+ million Americans but only like 4 million shareholders in the U.S. and Canada. I'd bet 1/2 to 2/3 of the country doesn’t even know what's going on.
The people "in the know" are mostly passionate and want the biggest return possible.
The stock will shoot up to some ridiculously high level but none of us can say for sure what "ridiculously high" will mean.
No amount of FUD and underhand B.S., can force people to sell if they just decide they won't do it. The hedges need those shares back so delaying and stalling is just kicking the can. The price dips only encourage people to buy EVEN more AMC & GME which puts the hedgies in an even more difficult position.
They'll probably use MSM to promote more random stocks and try to get attention and money off AMC and GME. They want to raise money in other areas to fight the fight on this front.
Again though.....every move they make is just making the final bill even larger.
Hard to say exactly when and what the squeeze will look like. The highs will get higher and the dips could be more sharp.
They'd love to wriggle out of this for cheap but it's clear that most investors are looking for AT LEAST xx,xxx per share. Some folks got that Prop Joe mindset of "Buy for a dolla, sell for tew." They'll dip out early but they are in the minority from what I've seen.
Beware of message boards and media pushing that FUD hard. Ignore any random pop-up stocks right now. Hedgies are going to prop up all kinds of shyt to make themselves more liquid.