Some of these Reddit people really do get it
(media.greatawakening.win)
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This! The media is pumping AMC and avoids GameStop like the plague. YouTube is constantly trying to get me to watch AMC videos. Twitter allows AMC to trend but not GameStop. All very suspicious.
I also agree. I own both and I like the stock on both but I could definitely see some fuckery here before the MOASS. Both companies ARE shorted but they can be manipulated independently.
I’ve been thinking about what the hedgies/DS could do to trick us. They want us to sell. To do this they can either A) drive the price down and get to people to give up/cut their losses/get bored (I feel like they’ve kinda already tried this) or perhaps B) allow the price to skyrocket to like 50% of MOASS for a relatively short time and then gradually fall so Apes would think they’ve hit the jackpot and panic sell.
I’m not saying this is gonna happen. I’m just saying it COULD happen and sounds like something deepstate fuckheads would do to manipulate us.
The concerning part about it is they could try any combination of driving price down or up for either company at any time independently.
So you can own both. I just recommend to be sure to treat it like two separate battles and always be aware of fuckery.
I eat crayons too so don’t take my advice at all.
The concern is the DTCC and how they're going to protect themselves from paying up. They made a "language" change saying that they are basically only responsible for covering those shares that are "on the books and recorded". So essentially, they might try to get out of covering the shares...
This isn't verbatim, but it was in one of the research items I saw. They will do anything and everything to wiggle out of this. They protect themselves.