The most important roundup of news for AMC May 15 2021
- Ortex upgrades AMC to “Type 3” (4.5/5.0) on its “Short Squeeze” scale, which is the highest possible rating.
- As of March 11 (per Adam Aron during the earnings call), there were 3,200,000 shareholders who owned over 80% of the 450,000,000 legally-issued shares of AMC stock. Over the last 5 weeks, the spotlight has shone brighter on AMC than on any other stock in the world. The publicity has been insane. The FOMO has exploded. I estimate that there are now over 4,000,000 apes worldwide holding over 80% of the 493,000,000 legally-issued shares. (And don’t even get me started on the potentially billions of additional, synthetic shares.)