AMC isn't a play on the merits of the company. It's a technical play on the stock market.
Over shorted stocks are over shorted stocks regardless of company valuations.
That said, I'm an XXX owner of both and I believe GME is the primary play here with AMC having a lot of potential as well. It's all about diversification.
All I think about is GME. I was thinking the squeeze might be the white hats transferring wealth to us apes and Patriots to not only destroy wall street but also give us the resources to fight the globalists in the courts. Up here in chinada Trudeau gave the provinces billions to fight us in the courts when we challenge the vax mandates. I'm going to use my tendies to destroy everyone pushing this covid lie. But my brain is smooth so who knows...
Man, I'm right there with you fellow Pede-Ape. The entire story about DFV coming out of nowhere, talking up GME right at the beginning of his YT channel and then reaching King of the Apes status in 9 months, is pretty unbelievable that it just happened that way. And I don't think that's it either... Inflation and the Evergrande debacle are awfully suspect as well. All of these things are going to collide right into each other.
This is how you fix the system. You don't. You collapse it and rebuild.
AMC has issued more shares equal to x5 what the float was before January.
AMC = 500m shares
Price = $40
GME = 76M shares
Price = $175
500 divided by 76 = 6.5
175 divided by 40 = 4.3
1 GME is superior to 4.3 AMC. This is because 1 GME should be worth 6.5 AMC ($260) due to the float difference.
Therefore GME, although higher price per share, is a better deal than AMC. This is due to the comparatively small float.
Now when MOASS starts the difference is neglible. But GME is way more bang for your buck, although it is not obvious just by looking at the price.
Quality > Quantity.
If someone were insistent on avoiding GME, then KOSS is the better alternative than AMC. It only has a 4m float with a price of $18, and short interest is very high. GME remains the best due to the potential for dividends as the trigger.
You do you! Just consider direct registering (DRS) your shares. This takes them out of the float, and destroys the shorts. The lower the float, the higher the price squeezes.
Every time we buy from a broker, they use our money against us to short, and they are not removed from the float. Buying through DRS goes directly in our name and they cannot touch our shares or money.
AMC isn't a play on the merits of the company. It's a technical play on the stock market.
Over shorted stocks are over shorted stocks regardless of company valuations.
That said, I'm an XXX owner of both and I believe GME is the primary play here with AMC having a lot of potential as well. It's all about diversification.
All I think about is GME. I was thinking the squeeze might be the white hats transferring wealth to us apes and Patriots to not only destroy wall street but also give us the resources to fight the globalists in the courts. Up here in chinada Trudeau gave the provinces billions to fight us in the courts when we challenge the vax mandates. I'm going to use my tendies to destroy everyone pushing this covid lie. But my brain is smooth so who knows...
Man, I'm right there with you fellow Pede-Ape. The entire story about DFV coming out of nowhere, talking up GME right at the beginning of his YT channel and then reaching King of the Apes status in 9 months, is pretty unbelievable that it just happened that way. And I don't think that's it either... Inflation and the Evergrande debacle are awfully suspect as well. All of these things are going to collide right into each other.
This is how you fix the system. You don't. You collapse it and rebuild.
AMC has issued more shares equal to x5 what the float was before January.
AMC = 500m shares
Price = $40
GME = 76M shares
Price = $175
500 divided by 76 = 6.5
175 divided by 40 = 4.3
1 GME is superior to 4.3 AMC. This is because 1 GME should be worth 6.5 AMC ($260) due to the float difference.
Therefore GME, although higher price per share, is a better deal than AMC. This is due to the comparatively small float.
Now when MOASS starts the difference is neglible. But GME is way more bang for your buck, although it is not obvious just by looking at the price.
Quality > Quantity.
If someone were insistent on avoiding GME, then KOSS is the better alternative than AMC. It only has a 4m float with a price of $18, and short interest is very high. GME remains the best due to the potential for dividends as the trigger.
Sold. I'll dump half my AMC for GME tomorrow.
You do you! Just consider direct registering (DRS) your shares. This takes them out of the float, and destroys the shorts. The lower the float, the higher the price squeezes.
Every time we buy from a broker, they use our money against us to short, and they are not removed from the float. Buying through DRS goes directly in our name and they cannot touch our shares or money.