BREAKTHESYSTEM : Halted up

BREAKTHESYSTEM : They have a short Put position (right to sell) at $6 for June 16 Expiration. But they have also disposed of APE and bought 1,000,000 shares of AMC at $5. So honestly this feels like shorty with the FUD. Cause what I see is a hedge. In the case the price doesn’t go up they can still profit $1 a share. I wouldn’t call this ANTARA purchase bearish. Personally I would say it’s more bullish since the amount of shares purchased at $5 is way more shares than they are putting up in the Put option to sell at $6. Simply put, a Bullish play with a hedge against a possible bearish outcome if APE is approved. It’s anticipated it will not that’s why APE was disposed and AMC was acquired clearly.

BREAKTHESYSTEM : It’s a short squeeze that’s all that matters. Shorts thought they was free with bankruptcy then came FDA and price shot up to trap shorts. They shorted over 30mil yesterday around .80 that’s all losses for them and they will continue to take losses until delist if they don’t cover. Just play it smart and exit positions before delist.