AMC-2-MOON
commented on a stock · Aug 9, 2022 04:01
131M VOLUME
$AMC Entertainment (AMC.US)$ Lets all be realistic, AMCs total float has most likely been traded over multiple times, over and over again. Soon to be revealed. See you all tomorrow!
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Superfrk : Black Rock and some of the other lenders have already issued statements they will recall all borrowed shares so 8 or 9 more days at most we will see what happens
AMC-2-MOON OP Superfrk : I hope that suggests a bunch of borrowed shares being bought back.
Superfrk AMC-2-MOON OP : me too me too that would be my take on it
Zeumthi Superfrk : Ooo any source by chance that is spicy
Superfrk Zeumthi : I had seen several mentions of it but upon looking no definitive source. Though Black Rock does own something like 8 to 10% of the float of AMC. That's a lot of APE shares that if I read carefully each APE has 1 voting right on AMC . So their voting share will get diluted if they do not recall so that and some other reasons would be strong reasons why they should recall the shorts. I could not find this statement so who knows but I am hopeful. That and the fact APE could eventually become a share of AMC. That's a lot for shares for Black Rock and the hedges that borrowed the share or who they sold it to would get the APE and Black Rock would get 0.01 for each loaned out APE. I do not see why or how Black Rock would let that happen.