amcstock

https://d18rn0p25nwr6d.cloudfront.net/CIK-0001411579/3670c3cc-4e17-4232-a83a-11ae39984737.pdf

They still are the largest amc investor out there. Owning 179 million shares, and a bunch of bullish amc derivatives. Taking one tiny piece of their overall position and trying to turn it against apes every time they make a move, is inherently wrong and obviously Fud

I wrote a post early in the saga that antara made a bullish bet on amc, and their price target 🎯 they were looking for was an increase of 10$ in amc. Obviously owning ape, they were expecting a run as well. Link below 👇

https://www.reddit.com/r/amcstock/comments/115wz06/get_in_here_saturday_ddwhy_im_bullish_on_antara/?utm_source=share&utm_medium=ios_app&utm_name=iossmf

So what happened? Two things drastically kinked their bet.

1. The frivolous lawsuit-

Unfortunately Shit happens, they made a bet….had a target for the 15th and it didn’t pan out from some Fuckery…..welcome to the jungle. 😂 apes know this all too well. They couldn’t sell until after the vote. And the actual action is held up. So what happens, need to adjust the portfolio, welcome to post vote and today selling a portion of their holdings. It was well documented and expected.

2. The banking debacle and the broader affect to the market I.e their portfolio

Their has been a major shift down in the market as a whole, which ultimately would and has affected their portfolio. So what does that mean, adjust. It’s simply what funds do, and they have a lot invested in amc the company. Why… same reason all of us do. They also, must maintain their own portfolio and stave off margin requirements.