$AMC Entertainment(AMC)$To put it in perspective, The combine net-worth is 54 billions between KG himself 22 billion n Citadel 32 billion in total assets manage under Citadel as of 2021
From June til now the HFs shorting AMC had loss 44 billions so far n counting. If this drag on fr another month assuming it costs HFs the same amount another 44 billions, that’s 88 billions n counting. So at this rate of cash burning daily, how much longer the HFs namely Citadel can last before
their investors wld ask them to pull the plug on their play? Melvin already tap out n having trouble recovering since
That’s why they are trying so hard to get us to sell n invest in something else which they might be able to profit off so they can continue with their short position. Need to cut those play off!
Meanwhile, it cost us next to nothing to hodl each day n abit of admin fees if you are buying but thats it wld nver mount to 1billion let alone 44. So that’s why they are pulling every tricks out their playbook to throw the game off to their advantage! If we continue to our game play, it is a only matter of time!!
44 88 132 176 220 billions cash burn in 5 months?????????
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