AMC (AfterMOON update)
Good afterMOON fellow apes!
Last week it was announced that Blackrock bought more AMC. This isn’t necessarily positive news. I think Blackrock is playing both sides. On one hand they’re buying the shares (27 million shares) in preparation possibly of the squeeze and on the other they could be loaning these shares given the anticipation of the borrow frees rising. Also Please note that the effective date on fintel is what’s important the filling date is just the date they followed SEC filing Protocol. Companies have at most 45 days to report their 13F. Stay tuned!
Last week it was announced that Blackrock bought more AMC. This isn’t necessarily positive news. I think Blackrock is playing both sides. On one hand they’re buying the shares (27 million shares) in preparation possibly of the squeeze and on the other they could be loaning these shares given the anticipation of the borrow frees rising. Also Please note that the effective date on fintel is what’s important the filling date is just the date they followed SEC filing Protocol. Companies have at most 45 days to report their 13F. Stay tuned!
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