AMC’s Former Owner And Largest Shareholder, Dalian Wanda Group Co, Unloads Most Of Its Stake. Now That’s What I Call… WandaVision!
Dudes, you can’t squeeze a 422M shs float like you can a 57M shs float GME.
I have a friend who thinks this is going to moon like GME and is holding for $500. This June 2 shareholder and outstanding share count is not going to do what you expect it to do for you. Shares have quadrupled since the last time it was in the $30 range and they just issued more shares that haven’t been accounted for. Save yourself a headache and lower your expectations here.
via r/wallstreetbets https://ift.tt/3qhG8Zq
May 24, 2021 at 03:25AM