π₯ SHORTS ILLEGALLY STEALING YOUR AMC SHARES! - AMC Stock Short Squeeze Update
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Links;
https://twitter.com/trvsrdrgz2/status/1673169932987817984
https://twitter.com/trvsrdrgz2/status/1672736567088250880
https://twitter.com/EvaderDirt/status/1672668766235246592
https://twitter.com/MrDavidNIO/status/1672814203340574721
The shorts have been illegally lending out your shares without your permission, rehypothecating them to other market makers over and over again to clear off their FTD positions.
Market makers are allowed to 'repledge' (ie, re-lend), shares given to them for collateral purposes, allowing them to be leant to another market maker, then another, over and over again, to satisfy each MM's FTD positions along the way.
This way a very small group/basket of shares can be used to continually reset FTD numbers. As evidenced by the video shown.
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Video topics:
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#AMC #AMCStock #ShortSqueeze