@MPelletierCIO Hmmm, what would you have suggested as available options to firstly being beholden; and secondly to the low brow "door-in-the-face" psychology as negotiation tactics?
"there has been an enormous short share position in AMC stock"
Feb thru Jun 2023, AMC stock lenders earned $315 million, 12% of total stock lender revenue for all US stocks
At Feb peak, AMC stock lenders earned 10% of global stock loan rev (equity & bonds) [Source: @DataLend]
Mortgage rates back to 7%.
Meaning that the cost to buy a house in America is now approaching $2,700/month when including mortgage, tax, insurance, and maintenance.
Meanwhile, cost to rent is $1,850.
Biggest gap we've ever seen. Something has to break.