6 months ago the stock was over $40 a share! But because $AMC could raise capital and easily pay off its debt the MMs made the shares go down 90%. Had we been able to sell shares at $50 the debt would be erased, the dividend issued and the stock would explode…
You are a…
@S_O_J_K_A
Sincere smooth brain questions and assumptions.
-naked shorts are created because there is not shares to borrow?
- when naked shorts are created (counterfeit shares)
1. Are the counterfeit shares sold on the market?
2. If so, who receives the money from the bought share?
@BillnoBull
Nakeds are sold by whoever creates them because they don’t have real ones to sell… that can be a MM… a brokerage.. a bank.. a family office…
@S_O_J_K_A
Ask yourself, who is willing to allocate their capital to a company only surviving by using their shareholders as their personal wallet? Then ask yourself, who has been the biggest seller in the market of the company's stock? Bingo, the company itself.
@S_O_J_K_A
Actually no. This guy is, once again, lying.
The reason the stock dropped over 90% is because the parasitic
@CEOAdam
diluted 1.7bn shares, on a float that was 515m shares big. And he sold those at $0.95 average, while they were initially trading between $20-30. That is why.
@S_O_J_K_A
Market makers did no such thing. You all whine about supply and demand but ignore actual supply and demand. $AMC went down b/c it sold a bunch of shares. By the way, the only reason AMC didn’t sell shares 2 1/2 years ago when there was real demand was b/c you all stopped them. 🤡