Let me do some quick math for you peeps

AMC CTB (Cost to borrow) average is 972% today

Let’s run some calculations on that. CTB % rate is an annual rate so that means you pay 972% on what you borrow in a year

Ok, Current freefloat on loan is 34.91% or 180,220,000 shares (approximately)

180,220,000 shares x current AMC price of $4.29 as of close today = $773,143,800 worth of AMC shares borrowed

At a 972% CTB (annual) you would pay INTEREST ONLY on those borrowed shares of $773,143,800 x 972% = $7,514,957,736 (yes, 7.5 Billion with a B)

How much are they paying a week? $7,514,957,736 / 52 weeks = $144,518,418 in INTEREST alone

FYI that means in 5.35 weeks borrowers will have paid MORE than the FULL price of the shares they borrowed JUST in interest and they could NEVER make any gain on their investment

Shorts are FUCKED. Plain and simple

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Listen closely to General Flynn 👂

‼️There could be a scenario where 2024 elections do not occur. Some other black swan type event occurs, or maybe there’s a couple

Mr Pool: Yes, 2024 will not occur 🤯

Eh, probably nothing 🤷‍♂️