SEC Report - AMC was never in the same League as GME, it was a distraction
(media.communities.win)
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Retail gme far exceeds the float. We are not spreading fud,we just don't want you guys to miss the real rocket.
Buy some GME to hedge your bet,lots of gme hodlers own amc,hoping it pops first and they can buy more gme.
They will not 'both' pop.
Only GME has entrenched short positions under water. AMC with 11% SI in January means there isn't anything TO pop.
It shows AMC was never overshorted so wasn't a credible play. It doesn't matter how much AMC you bought sinve then, you can't force people to take out short positions back at $5 putting them deep under water as is the case with GME.