BJ Konkle Profile picture
Married to #twitterlessStacey, Dad to #KellenMichael👦🏼 & #HadleyJayne👧🏼, Albion College Alum, Eric Church & AC⚡️DC on repeat, wannabe bookworm📚 #GoIrish☘️
Jun 3, 2021 12 tweets 6 min read
Why can’t legacy finance media (or your friends or family) wrap their heads around #AMC and the #AMCAPES?

Other than they get paid off to spew FUD - they miss the simple supply and demand battle being waged.

For many it’s obvious, but for others it doesn’t appear to be... 1/ The supply of #AMC stock (commonly referred to as “the float”) is suggested to be 493 million shares.

Hedge-funds began shorting (betting against) #AMC after the pandemic. The amount of shares shorted is referred to as “short interest.” 2/