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.
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.
That's two shares of GME that will squeeze vs 10 shares that won't
Since you're ~97% GME, you aren't as pro AMC as you assert to be.
My post clealry doesn't apply to you.