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Moneymakero
May 14, 2021 2:01 AM

AMC (FED UPDATE)  Long

AMC Entertainment Holdings, Inc.NYSE

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Today the federal reserve bank of New York gave a total of 235 billion dollar to 36 institutions to help them remain afloat. This does not constitute a bail but rather a 24h loan, they have to pay it back. The federal reserve knows that these corporate entities can't keep up the jig anymore, soon they will be in a world of hurt. Don't lose hope the shorts must cover!
Source: tinyurl.com/3mfmtyh2
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