WTF! π₯ ARE BLACKROCK LENDING OUT THEIR AMC SHARES?! π₯ - AMC Stock Short Squeeze Update
1,282Are Blackrock lending out their AMC shares to hedge funds like citadel? I explain why Blackrock MIGHT be lending out shares, but also might not. And also whether lending those shares out is a bad thing for us apes, or, strangely, a good thing?
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Links;
https://www.institutionalinvestor.com/article/b1b7yhtghgx74p/Elon-Musk-Turns-His-Ire-Over-Short-Selling-Toward-BlackRock
https://www.reddit.com/r/Superstonk/comments/owrl4t/its_all_about_share_lending_ishares_etf_share/
https://www.reddit.com/r/Superstonk/comments/mksku6/why_i_believe_blackrock_has_their_finger_on_the/
Blackrock might not be lending them out, because the lending interest is super low, 1%, they could be making much more money lending out other shares like LCID or BTBT shares, for example.
However, blackrock are a business that will do anything to make more money, so might also be lending them out.
Its a bad thing because Citadel have more and more ammo to continue shorting and manipulating the stock.
However, its a good thing because Blackrock hold all the marbles, they can force a share recall at any moment, they're bleeding citadel dry and giving them more and more rope to tie the noose with.
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Video topics:
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