SEC Report - AMC was never in the same League as GME, it was a distraction
(media.communities.win)
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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.
The report is not 10 months old, it was just released.
What is shows is that AMC was never a play - There was no short interest to squeeze then, and none now. Locking up the float is irrelevant if no one is fucking short. Particularly if no one was short at low prices putting them deep under water.