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Institutions are loading up on AMC shares and call options, and even selling their puts. This is because there is a very clear defining point between successful reverse splits, like BKNG, which is up over 400x since its split, and failed reverse splits.

That defining point, is profitability, BKNG has been consistently profitable ever since their split, growing profit every single quarter and every single year (other than 2020).

AMC is now profitable.

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