$AMC do any of you guys remember a post on reddit a week or so ago by a guy who claimed to be working at a financial institution but not in the financial field, just something to do with IT. I think the post was called the hedge fund insider report/ing(?) or something like that. The more time goes by the more this situation looks like what he had described. Not too many ppl believed him at the time. And he was talking about GME, not AMC though. But it may still apply I guess. So, in short he said that the institutions are going to get together, spike up the price of the stock and then short it down from say 700s, killing 2 birds with one stone. That way they drive their competition out of business and make money shorting. I hope I remembered it correctly
2
1
4
4 Likes