Help me explain to husband this AMC thing. I’m clueless about the stock market but know it’s a barometer for many of you. All I’ve ever known was it’s rigged. I mentioned to husband maybe he needed to buy based on a couple of posts I’ve seen on this board. Thanks in advance pedes!
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Basically there are too many shorted shares and the big hedge funds have to repurchase them and if they are directly registered, there won’t be enough shares for them to repurchase, driving the price to the moon. Go to Reddit and type in gme and read. Also type in amc and search and read. Tons of info, when you see something interesting, click and it will open more. You don’t have to be a member of Reddit to read, I’m not a member.