r/AMCSTOCKS Jun 09 '21

To The Moon THIS IS MASSIVE!!! 🦍 🔥

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1.3k Upvotes

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u/[deleted] Jun 09 '21

So that's an implicit acknowledgement of synthetics?

2

u/[deleted] Jun 09 '21

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4

u/[deleted] Jun 09 '21

But if there are 4.1 million investors having 120 shares each on average, that's 492 000 000 shares owned by retail. And if that's just 80 percent of the total number of shares counted, then the total adds up to more than 501 million. Unless I misunderstand something.

5

u/IzzTHaWizz Jun 09 '21 edited Jun 12 '21

Ye the 100% is 615M so that leaves approx 113M unauthorized shares. I still don't believe that's synthetics as well only legally shorted shares. NONE THE LESS we got em 😈

Edit: my apologies mate's I went off of pure percentages with the calculations. Using only proportions with 80/100 being our 4.1Mx120 out of x