The CEO of AMC Adam Aron has a contract with HFs to allow them to purchase bonds and convert those into purchases of stocks. That is the reason why the stocks are stagnant and staying around 56-60 they are sideways buying and selling AMC is now rescinding the option now that AMC is no longer in a financial crisis and is requesting shorts to cover debt note back to AMC a reverse company instability towards the HFs. Once the short loop is closed i.e. the door to the bond purchase is slammed shut, shorts are royally phukked and you will see covering commence. NFA…just a well-informed, well-intentioned Ape holding bags with gold bricks in them.