AMC IS ABOUT TO CAUSE MASSIVE LIQUIDATIONS! CRAZY CTB FEE! - AMC Stock Short Squeeze Update
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Links;
https://twitter.com/MatthewJSchneck/status/1620554660355657729
https://twitter.com/AMCbiggums/status/1621243878450892806
https://twitter.com/LigmaJohnsonJre/status/1620827811123527680
The reverse split will cause massive liquidations!
The cost to borrow fee is going absolutely crazy recently, up to 900% per year, for a $6 AMC stock this means the shorts will be paying $54 per year!
After the reverse split when AMC increases by 10x (technically, AMC will increase by less as its being combined with APE, but i'm sure it won't take long for the CTB to increase further/shorts to short more) then shorts will be paying $540 for a $60 stock!
Multiply this by the short interest of 100m-2bn shorts (depending on if you believe in synthetics or not) and this number approaches TRILLIONS of $ per year to borrow AMC shares. WOW.
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