posted ago by Imsorryimnotafed
+36 / -1
The amount the short squeeze of AMC fucks over hedge fund managers outweighs how much it benefits some chinese company. Hedgefund managers have a bigger influence on politics than china. They have the treasurer in their pocket. Citadel paid millions to her last year. Dont fuck up again. Dont trust anyone saying to sell
The amount the short squeeze of AMC fucks over hedge fund managers outweighs how much it benefits some chinese company. Hedgefund managers have a bigger influence on politics than china. They have the treasurer in their pocket. Citadel paid millions to her last year. Dont fuck up again. Dont trust anyone saying to sell
the truth is lots of publicly traded companies are flooded with foreign investments. that isn't necessarily a bad thing and in fact raises stock prices overall.
also.... amc is still an american company (incorporated in kansas i believe) with tens of thousands of american workers!
Don't buy into amc if you don't want to, BUT DON'T SELL
I mean...there are other heavily shorted stocks to work with that aren't foriegn owned.