More and more institutions are going long!
Earlier today, Bank of New York and Blackrock posted new share filings for an addition of 1.8 million and 3 million respectively; Blackrock now has a total of 30 million shares!
Add to that all the retirement funds of states piling into long positions, and you know that's a mega bullish sign. The top 10% of institutions now hold 50% of the entire AMC share float while Retail holds 80 - 100% +, so we are already way over the official float count even on the conservative side!
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Sky light : That is great !
APE FACE : Just wondering, with so many institutions adding the shares, how big is the
and how many shares there are? Hmm..where are this institutions buying the share from? the infinity dark pool?
RoukouOP APE FACE: Yes, there is a seemingly endless supply of shares which is strong evidence of synthetic shares. Hence, the recent theory that Retail actually owns the entire AMC float a few times over.
Back to the topic though, it is unknown where the institutions bought those shares from, but they are definitely holding a mix of both legal and synthetic shares too like us. It is just a matter of time until the synthetics have to be covered too....
APE FACE RoukouOP: There are lots of manipulation on the US stocks lately. The vaccine stock are heavily manipulated as well. Huge drop yesterday after overpricing of stock. I am all in for AMC. Holding until it is covered. Zen mode now. Stay
JDMu RoukouOP: Brokerage firms lend out our share to hedgies for interest gain everyday
MakeThemPay : Yeah! many seem to say blackrock buy the stock to lend it out to others
RoukouOP MakeThemPay: That is actually partially true. But their purpose for lending shares is a two edged sword; they want to make bonus interest income from lending shares but also want hedges to keep growing their short position so they can recall their shares anytime and cause a short squeeze / perpetual gamma squeeze.
It is all a game of chess to them, long vs short.
LuCkySe7eN : Wouldn’t one think the institutions would buy and hold as well to cover their lies on synthetic shares…hmm
RoukouOP slowlybutsurely): The new filing came out earlier today, but is delayed yes. SEC does not currently require LIVE filings but has recently shortened the time required to post new share filings.
APE FACE : Well, for new filing is good if only SEC is enforcing it. While waiting for SEC to react, Short seller taking this opportunity to do their FUD. It is not the first day we are with AMC, I went in at the high 70, 60, 50, 40 and so on..buying and holding. Already numb to the Shills tactics.