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 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.