EXACTLY HOW HEDGIES TRIED TO BANKRUPT AMC πŸ”₯ - AMC Stock Short Squeeze Update

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Published at : September 17, 2021

Exactly how the hedgies tried to bankrupt AMC using the Cellar Boxing technique, and also Gamestop's true float may have just been exposed!!

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Links;
https://twitter.com/jhuntermav
https://finance.yahoo.com/quote/GME/key-statistics/

Gamestop should have a float of around 76m shares, however, 3 or 4 sources have now reported over 240m shares!

Could this be some legit data seeping through from the SEC onto public websites? It seems unlikely to be a glitch as its being reported from multiple sites and isn't just someone editing a screenshot in photoshop.

Cellar boxing is the technique of shorting a stock all the way down to $0.0001. This is the very minimum a stock price can go. Therefore the share price will have a $0 bid and a $0.0001 ask. Whenever longs try to push the price up, shorts hammer it back down causing the longs to suffer a 100% loss, and infinity profit for the naked shorts.

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