(Part 1) When people are questioning about 11.5M sold shares being the alleged reason of $AMC plummeting today - which is FUD-based fueled by media, counting on financial illiteracy of inexperienced investors (which is insulting) - shouldn't be worried about it.
(Part 2) The prospectus was drafted in April with these shares sold at that time period and the 11.5M filing was time-stamped today to fully register that sale with the SEC.
(Part 3) The real reason why the stock plummeted today is because of entire market liquidation with the OCC's notice to secure capital for meeting deficits on defaulted accounts.
(Part 4) It's like paying back your credit card, being responsible, if not - collectors will be gathering your alt assets as collateral to meet that deficit and closing out the negative balance. Apply this to the stock market and it's a normal occurrence to have pullbacks.
(Part 5) Considering $AMC follows closely the performance of index portfolios, it is normal to see to expect some corrections to the stock with the OCC's notice.
(Part 6) However, short seller institutions can profit on their put options, exercise some of them to drive down the stock value on top of borrowing more assets to short because they have met their liquidity requirements to maintain positions.
(Part 7) Short sellers have doubled down to wage $AMC would go down but it will be even more expensive for them (in longer term) to maintain their bets as more liquidity would be needed.
(Part 8) It clearly shows that the system is finally working into our favor and that apes & cats are still holding beautifully the security as we're consolidating and eventually slowly moving upwards.
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