This Battle is NEVER MEANT to be easy!
Saw many feared posts from the drop of $AMC Entertainment(AMC.US$. From the onset, this battle is never going to be easy, especially its one with MILLIONS/BILLIONS at stake! But things are surely taking a better turn with: massive FTDs closing in on their T+35; numerous trading rules/restrictions being put in place; mammoth of synthetic shares being proven with the latest voting count initiated by CEO AMC; and most imptly, an evergrowing retail base which includes, You, Me and tons of others! Knowledge is power, and the more you read, the more you know why this time round, the retail investors is finally on the road to WINNING! Hold faith, stay patient and you will be rewarded, HANDSOMELY! To end off, a solid, backed with life-long experience in this game, advice from one of the world's riches: "The stock market is a device for transferring money from the impatient TO THE PATIENT!"💪🚀
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MonkeyDragon : They will figure out a way not to cover em.
The CBI Investor MonkeyDragon : They did, but it failed
MonkeyDragon The CBI Investor : How’s that?
Moneymonkeysays : Not acceptable, if they are allowed to walk away without covering there is zero justice left I. the country. I refuse to accept that.
Shingo83 OP MonkeyDragon : I believe Grandpa Squeeze is refering to the hedgies who thought they had figured ways not to cover (e.g. millions of OTM puts, getting non-us-based hedge funds to hedge), but ultimately failed in doing so. And its likely attributed to the brilliant investigative minds of the retail investors, who had caught their smokey lies
Shingo83 OP Moneymonkeysays : Agreed totally, but as a matter of fact, justice is not always served. And when it is sometimes served, it is not equal (e.g. gaining billions but pay meagre hundred thousands in fine). So we could on rely on social justice, and in this case, buying and hodling to our favourite stocks!
MonkeyDragon Shingo83 OP : I still don’t get what your saying? I didn’t hear of anything being done about the puts in Brazil? Pretty sure they got away with it
Shingo83 OP MonkeyDragon : To be frank, no one knows exactly. if you have followed reddit forums, there are quite a number of high-paid-off whistleblowers being awarded by SEC, which is not publicly revealed. So it maybe one of those cases. And as it has shown, many times such fines and reports will only be released by FINRA months or even years later. Nevertheless, nothing changes from the course of MOASS, with everything that the DD has shown and proven, and when it happens, the punishment you yearned for, will be massive and outreaching!