re: Holding AMC Thread- Diamond hands unite

Just to be clear, I was asking genuinely and not in a Socratic or sarcastic way.

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Honestly slack, I’m not here to argue with you. I’ve openly admitted I’m new to all this, and my goal here was to make enough money to buy a new shotgun. I did that at $20.

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I’m not trying to argue with you either. I know you said you’re trying to learn, so I’m trying to make sure I clear up the best/worst case scenario from the count.

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But on the flip side, if there is a chance that marker makers are being allowed to illegally manipulate prices, causing real people to lose real money, then they should be in jail.

And don’t fine them pennies. That’s just silly and won’t ever change behaviors

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Couldn’t agree more. If they’re manipulating data - if anyone is - they should be held as accountable accordingly. It’s the one of the reasons I spend as much time as I do trying to find accurate information on AMC. The stock going up or down is immaterial to me, but I do hope people have access to as much fair and balanced information as they can find to make their own decisions.

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4.1 million retail shareholders @ 120 share average = 492 million shares! You are too dumb to realize that Adam Aron knows how many shares are owned by insiders and institutions, also! The numbers don't add up and that IS THE MESSAGE!

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Here was your quote from the first post on the numbers:

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As of June 2, AMC had approximately 4.1 million shareholders eligible to vote at the upcoming Shareholder Meeting

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I missed the part that said that all 4.1MM were retail. Maybe that's the case and they are, but you didn't mention it.

Tough day for the billion(s) synthetic thesis man.











But like I said, who really gives a shite when you’re up 4x anyway. I too would rather be lucky than good any day of the week.

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So does this info say anything useful about the existence or number of synthetic shares?

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The information itself could be twisted to support up to 50MM naked shorts, at most.

If you say the information is wrong, you can make it say whatever you’d like.

You’d think Aron would just come out and say how many shares are owned by individual investors, but that would likely be too black and white for the apes.

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4.1 million eligible to vote holding an average of 120 shares

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That’s not what the quote says. You are intentionally misleading people at this point.

ETA: or you are blindly following someone that is intentionally misleading you

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I quoted directly from the press release!

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But then drew a conclusion that isn’t what the press release says

Here it is, in it's entirety:

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LEAWOOD, Kan.--(BUSINESS WIRE)-- Fulfilling a commitment to release share count data, AMC Entertainment Holdings, Inc. (NYSE: AMC) (“AMC” or “the Company”) is today providing the following information:

As previously disclosed, there were 501,780,240 shares outstanding as of June 2, 2021, the record date for the Shareholder Meeting scheduled for July 29, 2021.
As of June 2, there were approximately 4.1 million1 individual shareholders eligible to vote at the upcoming Shareholder Meeting.
Advance voting will begin on June 16, with most shareholders eligible to vote by internet through 11:59 PM Eastern Daylight Time on July 28.
AMC’s definitive proxy statement will be filed on June 16. Shortly thereafter, voting materials and a notice of the Shareholder Meeting will be sent to individual investors. Such investors are encouraged to reach out to their brokers in the latter part of June or early in July if these materials have not yet been received from their brokers.
1 Information as reported to AMC by brokers through their proxy intermediaries

Commenting about the share count, AMC President and CEO Adam Aron said, “The number of investors who want to own a part of AMC continues to increase and now stands at approximately 4.1 million. More than 80% of AMC shares are held by a broad base of retail investors with an average holding of around 120 shares. Some hold more and some hold less, however, each and every shareholder is important to AMC. Each shareholder has a critical role to play in AMC’s future by having their voice heard by voting at our upcoming Shareholder Meeting. By voting in favor of the proposals, together we can help position AMC, in its 101st year of business, for continued success over the next century.”

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I asked before, and did not get an answer, so I'll try again. If insider and institutions are not eligible to vote, who does that leave?

If it's like the last share count, and I suspect it is. This counts include Brokers in the US and Canada. So a rough number of 4.1 m people own around 120 shares on average. THIS IS OVER 80% OF OUTSTANDING SHARES. This does not include people who are with brokers in other countries around the world. I would assume the other 20% are institutional and insiders. Just twiddling my thumbs trying wrap my head around this. I am assuming the CEO is speaking from hard data. 492m divided by 0.8 to get the total being held elsewhere. This tells me the total number shares they have counted. I subtracted the shares on loan to this number because who knows right?... the numbers do not match... I see discrepancy that favors my position. I hold.

Now I do not see them as being able to hits GME numbers, due to volume which makes me assume alot of fishy shite. I do not know how many of the 4m have liquidated. I believe at minimum ~50% have not. I am still processing.. but I see higher than ~$50 in the future