This is Superstonk, not SuperstonkS. The only play is GME and any mention of anything else is a classic divide and conquer strategy, period.

My dude. In January, before retail involvement, AMC had 30% short interest (shorts as % of float) (check yahoo finance on the Wayback machine)

In the last 5 months, AMC has maxed at $25 and struggled to break $14 since. In the last 5 months it's been diluted at least 10%. Low institutional ownership, much more insider selling than buying and a short interest of around 20% (again shorts as % of float), pretty much where it's been since last year.

It has seen lots of short volume, but I'd wager it's cos retail is throwing money at it, and shorts are legitmately lowering it back to a fair-ish market value.

I know everyone's tits are jacked about the borrow fee, but it's been well over 200% in the past and nothing happened. Nothing happening now either. To my eyes, it just looks like apes trading with apes being egged on by other apes. I realise they've repaid some debt, but for a cinema with no tangible future transformation plans this isn't that important.

The CEO cut himself and his peers some fat cash bonuses in March. Apes yet to see any real returns.

I hope I'm wrong so it drains some liquidity from hedge funds, but all the evidence I can see says it's just apes pumping and dumping.

/r/Superstonk Thread Parent