AMC LONGS - IMPORTANT - MOST IMPORTANT POST YOU WILL EVER READ!
The short interest will continue to just grind away. Pushing the price up and down. Then they will analyze just how much they are able to cover some of the shorts. They are NOT doing anything wrong if they have the capital to protect their short position. Some one, some long who reads this needs to run with this. It has been a long time in the markets for me. I am NOT sure of these ideas. THEY NEED TO BE RESEARCHED. How do we make shares accountable? How? HOW?
In the old days, stock was held in certificates (knows as the "certs"). Today, they are in street name. Meaning the brokerage has possession of YOUR shares. They use them TO MAKE MONEY! Yes, that is right, to make money. They loan out YOUR shares to others (these others are going "short"). And the brokerages charge a fee for this. So, if you longs want to drive this AMC to ONE THOUSAND, maybe even TWO THOUSAND, then accountability has to be brought into play. The CERTS would absolutely crush the shorts. IT WILL CRUSH THEM. If longs are still able to request there shares, THE CERTS, be delivered to them then AMC will MOON. There will be NO more short positions. This would cause a huge panic buy, sending the stock to the MOON.
Can someone contact their brokerage and report back on this? If this is still doable, then EVERY LONG needs to get on board with this. Please longs, leave responses here for all the longs to read!$AMC Entertainment(AMC)$
Comments
I bought because I like the stock. Plain and simple ?
But as far as i'm concern, just Buy and Hodl.