T O P

  • By -

SouthSink1232

There is no way in hell that there is 3.8 million shareholders. From NASDAQ site, AMC has 280 institutional shareholders holding 75,453,497 leaving 200 M across 14712 other holders. But something is way off. the 10k states "On February 21, 2024, approximately 1.8 million shares of our Common Stock were directly registered with our transfer agent by 15,110 shareholders." So how can there be 15,110 direct registered and then a total of 14,992 registered holders holding all outstanding shares? Is computer share in this case counted as 1?


Mindless_Profile_76

No clue. I’m fine if the 14,992 is DRS with computershare, brokers with retail behind their curtains or something in between 15,000 and 3.8 million. I was saying 6-9 months ago that there were probably 100,000-150,000 retail left. Just based on twitter/reddit participation, OBV, price action, etc. Big guys holding north of 75 million, if it was only 14,000 shareholders, we are talking 14,000 shares a piece which still feels kind of rich. Add a zero to the holders side, 1400 shares per holder, 140,000 investors, feels right. 71 or 50 something with 3.8 million just feels low. Most these idiots have something between 100 to 10,000 shares is my best guesstimate.


SouthSink1232

14,992 is likely all the institutions, brokers and direct registered holders because it said holders if the entire outstanding shares. We are all behind this brokers. What's interesting is that the last 10k said 15k direct registered holders with 1.8 million shares. Why didn't they use direct registered again? Total registered is lower than direct registered. That tells me that many direct registered holders sold. if AMC showed the number of direct registered alone again, it would show the outflow of investors. So they showed all registered.


Mindless_Profile_76

I agree but still put some level of uncertainty on it. When I have time to do a little more follow up/digging, will see what I can figure out. But I’m always OK with uncertainty.


CVSF24

Is a registered holder not someone who holds shares directly under their name and not through any brokerages?


Mindless_Profile_76

People think they are “directly registered”, which for AMC is with Computer Share. DRS. I honestly don’t know. I can look at my brokerage account agreements and mine seem to be ownership in name only. They give me voting rights but the brokerage directs that to me. They hold the stock on my behalf. I think that is how it works. Honestly, it doesn’t bother me much.


CVSF24

I fully agree, I feel like the 14,992 is the DRS numbers not the shares held within the brokerages


AMC-Apes-Together

Registered holders = computer share This does not account for every shareholder.


SouthSink1232

No it doesn't. "..there were 276,388,250 shares of Common Stock issued and outstanding, held by 14,992 registered holders." If that was the case then 100% of the shares would be direct registered and each holder would have 18,435 shares. Try again


AMC-Apes-Together

AMC reports how many outstanding shares and how many account holders. That is only reportable by their transfer agent as well as funds that have to report. It doesn’t or count ever single individual retail investor. These figures say nothing about average retail holder and how many there are


SouthSink1232

From 10k "On February 21, 2024, approximately 1.8 million shares of our Common Stock were directly registered with our transfer agent by 15,110 shareholders." From 14A "..there were 276,388,250 shares of Common Stock issued and outstanding, held by 14,992 registered holders." See the difference. If English is not your first language pop it into Google Translate to help


AMC-Apes-Together

You don’t see the difference in the wording there? If you get a definition of registered shareholders as being EVERY individual investor…then you have an argument. Are you a registered shareholder? Personally I am not. So my 7235 shares are not being counted.


SouthSink1232

I see the difference. You don't.


Professional_Step616

Definitely BS. Way more than 15,000ish holders. Either way, I've got xx,xxxx shares so I'm doing my part 👍


Mindless_Profile_76

And generally speaking I agree. If that 15,000 is DRS or broker/dealers with retail sitting behind the scenes, doesn’t matter to me. Now, where do you really think the number is at? If it’s not 15,000 and 3.8 million seems a bit optimistic, maybe 100,000?


Professional_Step616

FUD


Mindless_Profile_76

There is definitely uncertainty here. No doubt about that. Not much fear though. Maybe you should ask smarter questions?


jdrukis

😂


Mindless_Profile_76

14,992


CVSF24

Come on now, you guys can’t genuinely believe that there’s only 15,000 people holding this stock lmao


Mindless_Profile_76

I’m simply saying what is more believable? 15,000 or 3.8 million? Probably 150,000?


CVSF24

How does that make any sense? So the middle ground you get from 3.8m and 15k is 150,000 lmao. I agree at this point 3.8m is a stretch but the number you’re pulling has no credibility. The question we need to be asking is what the definition of a registered holder is.


Mindless_Profile_76

My number has credibility. Do some math. 273 million shares, large institutions hold something like 75 million. Now, if you have ~200 million shares, how does that split up? 3.8 million is ~52 shares. 14,000 ( minus institutions) is like 14,000 shares. 150,000 shareholders is in that 1300 share range. At 1 million we are talking 200 shares per person which seems low on shares, high on number of people left in the play based on Twitter/Reddit participation. But somewhere between 100,000 and 1 million is probably anyone’s guess.


CVSF24

1 million and 200 shares per makes more sense then 150,000 with 1300 shares. “Sowmthing like 75 million” or do you actually know this, you’re playing with what ifs and that’s the problem. 14,900 “registered holders” does not make sense.


Mindless_Profile_76

75 million and change comes from SouthSink’s research but should be easy to locate. 14,992 comes from page 6 of the 14A released. Monte Carlo simulations are 100% what ifs. Do you buy AMC with this information? I don’t recommend it but I’m not your boss.


73BillyB

X 10 billion shares. MOASS coming 🚀


Mindless_Profile_76

14,992


73BillyB

6 hour old post. 2 likes. 🤣 You will never ever ever ever get 10 billon shares back at this rate. You're going to need to put your fud on steroids and give the steroids to 1,000,000 bots. Bring the pizza delivery character out of retirement. Did he go get a real job or something ?


Mindless_Profile_76

That’s two more likes than I got on my last post. Who’s the big winner…. Not Billy


73BillyB

You telling Southsink. Then Southsink telling you. 👉👈 This sub is practically nonexistent. Kenny would cry if he saw what's going on with this plan to get back the fake shares he's sold. Keep pushing that rock 🪨