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AMC ISS WITHHOLD RECOMMENDATION FOR ADAM ARON - What the WHAT?
ISS Withhold Recommendation for Adam Aron and the AMC Board of Directors. What is it? What does it mean? Who is the ISS, Institutional Shareholder Services Group? What is a Withhold Recommendation?
#tonydenaro #ISS #ISSWithhold
Due Diligence Links:
1) Notice from ISS on Withhold: https://www.streetinsider.com/Board+Changes/ISS+Recommends+Withhold+Votes+for+Four+AMC+%28AMC%29+Board+Members+-+Bloomberg/20185763.html
2) AMC 2022 Proxy Vote: https://s25.q4cdn.com/472643608/files/doc_downloads/shareholder-meeting/2022/05/AMC-2022-Proxy-Statement-As-Printed.pdf
3) ISS Website: https://www.issgovernance.com/
4) ISS Research paper: https://www.sec.gov/comments/s7-22-19/s72219-6741135-207744.pdf
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The AMC short squeeze has not happened! Many AMC price predictions have been made by Matt Kohrs, Trey’s Trades, ReviewDork, Short The Vix, AndrewMoMoney, Astro, Lou vs Wall Street, The Masked Investor, Roensch Capital, ClayBro and Meet Kevin. Subscribe to Tony Denaro for Tony’s AMC livestreams and AMC price predictions. Looking for AMC analysis and predictions? What is happening with AMC today? Join Tony’s AMC live stream and get all the latest information on the AMC stock price. Will AMC go up? Is AMC a buy? The hedgies have not covered. A Gamma Squeeze looks likely - Diamond Hands! Shorts have not covered! Citadel owns the PFOF system so is the price of AMC being manipulated? What are your thoughts on AMC? Drop a comment on today’s video and don’t forget to subscribe!
The AMC short squeeze began late 2020 along with the GameStop short squeeze. Many people on reddit WallStreetBets realized the high GME short interest and bought in cheap. AMC short squeeze was also a potential but did not gain traction until May 2021. GameStop short interest has declined but GME price today remains high thanks to a crowd of GME believers. AMC stock price reached $72 in late May 2021 and is currently consolidating. Many AMC apes believe the price of AMC is being manipulated by Citadel and hedge funds. When will the AMC short squeeze happen? What is the AMC price target? Opinions vary but the consensus is soon and to the moon!
Small brokers like Robinhood, Webull and Interactive Brokers all stopped Buy orders during the GameStop squeeze in January 2021 due to liquidity issues and the inability to provide capital to the DTCC. In addition they use PFOF (Payment For Order Flow). Consider using a larger broker like Fidelity to minimize the risk of being shut out during the upcoming AMC short squeeze.
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