The most important roundup of news for AMC April 20 2021
- Date by which the share count—which will expose the number of synthetic shares—must be completed, which is 14 days before the shareholder meeting on May 4.
(HUGE NEWS: After the audit finished on Tuesday, April 20, there were suddenly zero [0] shares available to short, which remained the case for the next 8 days! That is NOT a coincidence. Did the recount uncover an insane number of synthetic shares? Seems likely. That would obviously disallow additional share lending, which is exactly what we saw.)
- DTC-2021-007 proposed
“. . . market transparency to accurately determine the number of shares loaned, identify proper share ownership, and calculate the risk associated with share loans (all of which is currently self-reported) to prevent over-leveraging in the future.”
- AMC is buying movie theaters again!
A cash-strapped company does not buy more brick-and-mortar stores. Methinks Aron knows that AMC will be coming into a ton of money very soon (or already has).