SEC Report - AMC was never in the same League as GME, it was a distraction
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Link to the SEC report from Gary Gensler's team
https://www.sec.gov/files/staff-report-equity-options-market-struction-conditions-early-2021.pdf
GME exceeeded the float all the way back in January (god only knows how over shorted it is now) while AMC only hit 11% in January. Maybe it's higher now, but no way high enough to make a short squeeze possible.
Anyone still holding AMC really need to switch it out
The report also makes it clear that data from January is not consitent with shorts closing, or a gamma squeeze - the price spike was entirely from natural buy pressure. This confirms what we already knew from our own independant research - the shorts never closed and that the play is still on.
How can you be so wrong?? And it doesn't matter how much AMC you own if short positions are non existant (ie AMC). Gamestop is over shorted, AMC wasn't. AMC still isn't.
I posted the data. 11% SI in January. There's nothing to squeeze.