If you and I make a successful short term AMC or APE trade (or any stock trade), we can say we are up let's say 5% in a few days, but we are not actually telling the full truth because we have not taken into account the tax man, and short term capital gains are heavily taxed. Here's just another case where the big boys have an advantage over us. If Antara makes that same identical trade, that firm is taxed in an entirely different manner, and to great advantage. I suspect Adam Aron and his twin sons, with an army of tax pros, are taxed differently than you and I. The world of stocks is not an easy one for the little guy. Do you know how expensive a good tax strategist is, who is a CPA at a bare minimum? It is the same as a good divorce lawyer--$300- per hour. $AMC Entertainment(AMC)$