Thread by @CringleKitten

(Part 1) Let's do some math! - $AMC

Based on the data reported to S3, there was a return of 1.4M shorted shares this week (1.6% of the total 88.2M shares sold short).

(Part 2) They covered 1.4M shorted shares while returning another 27.6M that they had borrowed for the sake of shorting but it was likely to be an awful idea due to risk exposure.

Now, we have an increasing amount of institutions prohibiting short selling.

(Part 3) If short sellers only covered 1.6% - the share price went up roughly 86%. If we're tracking this proportionally with the price increase per percentage point of SI covered going forward...

(Part 4) This would mean a percentage gain of 5,188% over 05/06/2021 closing price at $47.91.

Meaning $2,485.60 / share - based on official data.

(Part 5) We also have 133M of FTD's needing to be fulfilled and paid out.

That's the only visible part of the iceberg - like the visible light of the spectrum.

But wait, there's more!!

What about what's underneath the iceberg?

How far is the rabbit hole?

(Part 6) Let's not forget short sellers can effectively use a loophole into the options chain to hide some short positions and effectively spoof the movement of the SI rate.

(Part 7) There are naked short selling (fully admitted on freaking national television thanks to the vivid reaction of @MelissaLeeCNBC)

There are genius groups of united apes & cats concluding there is a form of disparity based on abnormal trading volume versus the float...

(Part 8) ...leading us to believe the supply in the open market is already scarce and the short ladders we have seen (especially coming from dark pool activity) were effectively done by high frequency trading.

(Part 9) We also have a disparity of current shareholders - only 3.2M in the Northern Western Hemisphere (Canada & US only) - disregarding foreign states with international shareholders joining the movement.

(Part 10) So we have proof of disparity - yet there are outstanding due diligence out there by united apes & cats to believe there are speculatively billions of synthetic shares.

(Part 11) We are buying time until there are rulings to be put in place needing to be filed, approved, and enforced for the said recalling of synthetic shares driving significantly the price up.

(Part 12) We have some governing bodies watching closely what's going on - unlike what happened in $GME in January so there would be few, if not, no third-party screw-ups disrupting the supply and demand chain.

(Part 13) As long retail investors are buying and holding, this would force institutional short sellers offering better prices until they go bust.

Sounds pretty good to me.

(Part 14) With the official data + what's underneath the iceberg, that is the MOASS we're waiting for.

It makes no sense to sell (not financial advice) until everything is covered officially including what's left in the rabbit hole.

Patience is the name of the game.

*Mic Drop*

re: @TaraBull808 @RogueTheLegacy @ShortTheVix1 @jhuntermav @ApesTogetherDoc @TradesTrey @matt_kohrs @andyleeck @Joshuajammes

Correction on part 5:

I mistakenly took the aggregate data instead.

So as of 5/14 that’s 126,435 FTDs.