AMC April 23 Timeline

The most important roundup of news for AMC April 23 2021

  1. Following the share count on April 20, Hedge funds have 3 business days (until April 28) to eliminate (i.e., purchase) ALL newly-identified synthetic shares that they created/shorted, or those synthetic shares become “FTD” (failed to deliver).  We don’t know if the hedge funds will immediately cover or if they will decide to eat daily fines ***and*** increasingly higher interest rates.  What we ***DO*** know is that hedge funds can’t/won’t eat massive interest forever, especially as the share price continues to rise and hedge funds’ underlying banks threaten to force-liquidate the hedge funds’ assets.  Hodling, on the other hand, is 100% free . . . free FREE free.
  2. Notable movies (average of 3.83 per month) releasing in AMC theaters from April 23, 2021 through April, 2022 (in order of premier date):
  1. ETF shares available to short suddenly dropped off of a cliff from 3,800,000 to only 10,940!  (Read why in April 20 entry above.)

Information and Timeline provided by u/AgedMurcury78 in his amazing Ultimate AMC Timeline document.