Lots of clear manipulation through excessive shorting. Rule changes coming up. Millions of people still holding shares.
AMC ceo came out yesterday and said there’s over 3 million individual share holders. Low estimates say that means retail investors are probably holding over a billion shares when there’s only supposed to be 500 million total. Every day more shorts are being added to the market and amc retail investors are buying more shares. There was some reports that over seas people couldn’t even buy shares but the price still went down. Earnings today. Closed door SEC meeting about short fukkery tomorrow.
Something’s gotta hit the fan soon.