Unfortunately.... had to sell all my #AMC today due to circumstances regarding my familyβs SNAP benefits and state insurance. I had to remain below the threshold for qualification or face losing the coverage. I made out with $2,158. Money for a baby crib. Stay strong. #APE. π
My wife is trying to tell me to sell in order to avoid going over our food stamps and state insurance income threshold. Idk what to do. Someone advise please? ππ₯
The hedgie consensus is to drive the price to $50 by Friday, then massive sell off. This would make it "appear" as though there was a "squeeze" and people sold. This is a tactic to get people to sell so hedgies can avoid the synthetic shares being exposed in the SHARE COUNT...
#AMC- Short Interest Update
$AMC is edging closer to $20. The price increase this week has created losses of close to $700m in $AMC alone.
#AMCSTRONG, #AMCSqueeze and #AMC500k are all trending.
Short Interest is currently increasing
#ShortInterest 17.4% of FreeFloat
$amc #amc#MOASS So long story short:
450m shares. +43m shares = 493m shares.
S&P reports 536m shares to Ortex (+additional 43m) but goes silent when asked where the other 43m shares comes from. Short interest currently being reported is downplayed as a result.
Pass it on apes