The AMC Stock Discussion Thread

bnew

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my $23 call's exp is this Friday. trying to decide whether to sell it on go for broke and buy it.

i doubt the share price will fall to $23 anytime soon, i would exercise it. I have two $40 cals.. i don't have the funds to exercise them now but I will sell one and use the proceeds to exercise the other if the price exceeds $45 before it expires.
 
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Isn’t there supposed to be some kinda big meeting today?

There's a proxy vote on June 2nd and it looks like they'll be counting shares. The hedge funds are desperately trying to dig themselves out of the ditch.

Once we know the full count of synthetic shares....who knows what will happen. Might start a squeeze.....there may be a margin call.....it's going to look bad for the hedges. That's about the only thing I'm sure about.
 
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