π₯ AMC SHORT INTEREST OVER 900%! FLOAT SOLD 9x OVER! π₯ - AMC Stock Short Squeeze Update
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Links;
https://www.linkedin.com/posts/canfxguru_amc-amcnotleaving-activity-6884487222532415488--ttQ/
https://www.reddit.com/r/amcstock/comments/s4n68g/dynamics_of_a_short_squeeze_this_is_why_fud_is_at/
https://twitter.com/BossBlunts1/status/1481864985907245057
The float of AMC is sold 9x over! And short interest is over 900%!
There were around 28bn shares of AMC traded last year, of these, 18bn were off exchange, 2bn on the NYSE, 4bn on other exchanges and nearly 5bn shares were unaccounted for!.
This sounds like nearly 5bn shares/synthetic shares of AMC have been created, imagine how high AMC will run when these shorts are forced to cover!
Speaking of which, what are the mechanics of a short squeeze?β¦
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