The most important roundup of news for AMC June 4 2021
- The hedge scum unleashed an avalanche of illegal selling via ladder attacks to bring the price down to $47.91 at the end of the regular session. The illegal attacks continued in AH, with the PPS dropping another 8.75% to $43.72. #SECDoYourJob
- The main AMC stock group in Reddit (r/amcstock/) hit the 200,000-member milestone on May 27 and has already surpassed 288,000 members just 8 days later!
- Get to know the senior officers at AMC who sacrificed 20 million shares in compensation in order to strengthen AMC for the benefit of shareholders.
- Per Ortex, shorts borrowed another 3.32M shares yesterday and returned only 175K. Since May 20th, the number of short shares borrowed has increased by approximately 15 million.
- Shorts are losing millions—sometimes billions—per day. They simply can’t continue to lose that much daily.
- At the $47 call option, there were 108,466 contracts in the money. which is $364,817,850! At the $48 call option, there were 116,740 contracts in the money, which is $404,533,050. So, apes forced hedge funds to purchase another 225,206 shares for $769,350,900! And that doesn’t even include all the contracts at $45.50 an under!
- A hedge fund attorney threatened Cristhian Andrews today for doing nothing more than stating the fact that creating synthetic shares is illegal!
- TDAmeritrade is now limiting AMC trading to cash only; no margin.
- CNBC matter-of-factly admits on live TV that synthetic shares (i.e., “naked shorts”) are very much real. They also acknowledged that hedge funds hire shills to infiltrate Reddit. Can you say “CA-TA-LYST” for Monday morning? If you bought shares today, especially at the low $40s in after hours—congratulations! Twitter is going bonkers!