This ape makes good point, and I've thought same thing myself. Maybe AA wants to get the true share count exposed and this lawsuit is a plot to get that done. Allegheny is funded by Blackrock who definitely has a vested interest in #AMC rising. (1)
(2) at first I assumed they want to block the conversion and RS, taking Allegheny comments in case at face value. It could be that simple, Allegheny trying to block RS / conv. Or, it could be a big plan to expose the true share count.
(3) one of the things that makes me think it could possibly actually be a plan to expose #NakedShorts is the lack of merit of the case and how ridiculous the arguments are. 3D chess? That's all you got? Really?
(4) Either its a plaintiff with no merit trying to delay and harm the stock, or it's something entirely different - a secret plan between #AMC and Allegheny / Blackrock to expose #NakedShorts.
Godzilla (Citadel) vs Mechagodzilla (Blackrock)?
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When I first invested in #AMC early 2021 I decided I would hold until company was profitable regardless of share price. Who knows how big company can get, how brand can transform, or how high stock can go when conditions are right on buy side & w/ pressure on shorts increasing.
Only time I made money on was the June 18 $40 calls. But that's OK! I got my shares and am adding when I can. You measure your investment not from the share price but how company is performing. If financials improving, and shorts have big positions, they will get squozen again!
Amazon was a fucking bookstore before
Tesla sold no cars not that long ago!
People said Ford would go bankrupt back in 2008 too. Brand too strong
Are these Deep In The Money calls held by Citadel and Susquehanna used to reset #FTDs and avoid closing out #NakedShorts that have exceeded allowed time to locate shares? (aka "reset transactions"?). 🤔 I think they are. #AMC
Seeing the values the calls are expressed in total number of shares. Thanks @BaronvonSteube6 for catching that. Still, 50.5 Million shares just from calls held by these 3 alone that can be used to fake locates.
When Bill Clinton stayed on #EpsteinIsland (Little St James Island) he stayed in Magens Bay. (Top left image). However, US Customs officers claim they struck a rock while patrolling water near runway, on west side of island. (1)
Locals, however claim the accident actually took place on east side at Cow & Calf rocks (right images) in a completely different location. Clean up repairs were done then. What was Clinton doing and why the lies / cover up? (2) #Epstein
Sus AF. Like removed from important @CEOAdam tweet! About improving financials (per patron spending increase). Not the first time this has happened. Check to make sure your like wasn't removed too! #AMC 🚨
It seems highly possible that brokers are just crediting our accounts with shares that they don't actually hold. Where a #NakedShort sold shares to us thru their broker that our brokers never bother to make sure was really borrowed / located. #AMC
This is why the #APE market cap / share outstanding numbers never added up, why the avg per #AMC shareholder is so low, and why the #FTDs are so high