Zurn is burning the shorts!
The FTDs are racking up (30+ on regsho) while shorts are waiting on her decision. If she allows conversion, arbitrage kicks in and amc gets hammered and the shorts start getting returned. Between the FTD list and brokers raising margin requirements we are in a good spot. With AMC reporting a hot Q2, I am wondering if it is better to let Zurn take her time on this call... Really adding pressure to these shorts. Does anyone think ape will run higher than the AMC stock price if approved? $AMC Entertainment(AMC.US$ $AMC Preferred Equity Unit(APE.US$
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Sedliberanosamalo : If there is any squeeze trust AA to shut it down with quick news statement to dampen the squeeze. He has proven to be sneaky, cunning & incompetent CEO. Hope Zurn shuts it down, it’ll cause a squeeze but nothing AA can do. Was very dumb those apes trusted AA. Selling millions to Antara. If it converges there is no need for shorts to cover. Antara has got it covered.
affable Eagle_2095 : Judge will not repeal her judgement !