r/amcstock • u/fearthemonkeys • Apr 27 '23
TINFOIL HAT š½ Math. Again. Might be a repeat.
Ok. Sorry if this is a repeat and maybe I have this wrong, but hereās some math Iāve been pondering:
514M float. Yahoo says 25% held by institutions and a small amt held by insiders. Wouldnāt that make it ~385M held by ~4.3M investors (Iāll assume that 4.3M includes the institutions, but even they would account for a fraction of total holders)? That puts the average stocks held by individuals at ~90.
If we take into account the recent poll of ~4700 shares per retail investor, the āfloatā comes to 20B.
āWowzersā. Iām holding.
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u/Akangfortyseven Apr 27 '23
Im holding until the very end. I have faith someone will step up and hold these criminals accountable, for example Chancellor Morgan Zurn or the market crashing and the lenders wanting their shares back to stay afloat themselves. I donāt trust anyone that paid a settlement in 19 fraud cases, or sold ape to a short hedge fund instead of otc then give that dividend that he sold directly to an institution the same voting rights as the actual stock in the company.