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A comment on ‘Meme stock’ rally rescues AMC theaters from $600M debt. Parent comment

Re:‘Meme stock’ rally rescues AMC theaters from $600M debt by vkou on Saturday January 30, 2021 @11:37PM (#25976000)
> Why more people don't realize that this is a bubble is beyond me.

I think plenty of people recognize that it is a bubble, but they are planning on offloading to the bigger fools.

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Re:‘Meme stock’ rally rescues AMC theaters from $600M debt by nradov on Sunday January 31, 2021 @01:15AM (#25976532)
They aren't planning on offloading to the bigger fools, but rather to institutional short sellers who will eventually be forced to cover by escalating interest payments. I don't know if that will actually work, but apparently that's the plan.
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Re:‘Meme stock’ rally rescues AMC theaters from $600M debt by jeffbee on Sunday January 31, 2021 @01:42AM (#25976659)
The cost to borrow GME right now is outrageous but it's not unprecedented in the recent history of the stock. If 200% cost to borrow didn't put the shorts out of business last year, why would 50% do it now?
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Re:‘Meme stock’ rally rescues AMC theaters from $600M debt by jbbae on Tuesday February 02, 2021 @12:20AM (#25997681)
Because it never traded at $200+
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