As the financial markets continue to grapple with the complexities of stock manipulation, a new narrative is emerging on Wall Street.
Investors are increasingly turning their attention to AMC Entertainment Holdings ($AMC) and GameStop Corp. ($GME), two companies that have long been at the center of retail investor fervor.
This shift comes on the heels of bold legal actions by Genius Group ($GNS) and Quantum BioPharma ($QNTM), which have announced lawsuits targeting this controversial practice, sparking a wave of optimism and debate among retail investors on platforms like X.
Further bolstering this movement, Quantum BioPharma recently appointed Kevin Malone, a prominent advocate against stock manipulation, as a board advisor.
A press release dated April 22, 2025, from GlobeNewswire states, “Mr. Malone brings over 40 years of experience in executive leadership and a proven track record of fighting against market manipulation and naked short selling”.
This appointment underscores the company’s commitment to protecting shareholders, a sentiment echoed by Genius Group’s ongoing legal efforts, including a separate RICO lawsuit seeking $450 million in damages for related market manipulation.
AMC and GameStop: The Next Frontier?
The spotlight on $AMC and $GME has intensified as investors question why these high-profile stocks, which experienced dramatic short squeezes in 2021, have not yet followed suit with similar legal actions.
On X, users expressed frustration and hope, with @jason64944736 posting, “@ryancohen bro where you at?”, urging GameStop’s CEO Ryan Cohen to take action.
Similarly, @emily070i lamented, “Does anyone think AMC Board will ever follow this? Nah”, reflecting a mix of skepticism and demand for leadership.
The sentiment on X suggests that investors see $AMC and $GME as natural candidates to lead this charge, given their historical battles with short sellers.
The 2021 GameStop short squeeze saw the stock rise from under $20 to over $483, driven by retail investors — AMC hit over $72 at the time from around $5-$9 per share.
However, the lack of legal action against naked short selling has left some investors disillusioned, with @GameStopNate cautioning, “They did this last year nothing happened… it’s a rinse and repeat”.
Despite this, optimism persists.
@icelandic_pilot posed a critical question: “Finally, some companies are taking a stand against naked shorting about time!
Do you think this will spark real change across the market or just a temporary pop?”.
This reflects a growing belief that $GNS and $QNTM’s actions could pressure $AMC and $GME to act, potentially reshaping market dynamics.
Also Read: Robinhood Now Becomes Center of Allegations in Illegal Short Selling
Why This Matters
GNS and QNTM’s recent surges have fueled speculation that $AMC and $GME could see similar rallies if their boards take decisive action.
GNS stock closed up nearly 23% on Friday while QNTM closed up nearly 16%.
@kjg246’s impassioned plea, “Let’s fucking put all scumbags naked short sellers behind bars… I’ll buy a truckload of mayo, MF will need them behind bars” captures the retail investor anger (and passion) driving this movement.
Analysts suggest that if $AMC and $GME join the fray, the combined market pressure could force regulatory scrutiny.
Quantum BioPharma’s strategic appointment of Malone and Genius Group’s multi-pronged legal approach signal a new era of shareholder activism.
However, the success of this crusade hinges on sustained effort, as past attempts have yielded mixed results.
Whether this marks a turning point in market fairness or another fleeting surge remains to be seen, but the battle lines are clearly drawn.
Back to Daily Market News.
Follow Frank Nez on X or Facebook for more community insights.
Announcement: PR Newswire formally announces Frank Nez’s Journalist Verification on Muck Rack, solidifying our position in independent media.
News You Might Like
Investors Look At AMC and GameStop As Two Companies Now Lead Naked Short Selling Crusade
AMC Entertainment Now Announces A New Initiative Coming This Summer
GameStop’s War Chest Now Grows To Over $8bn, Here’s What it Means For Investors
A Securities Attorney Now Scrutinizes Policy That Strengthens Illegal Manipulation
NBH Now Grapples with SEC Delays as MMTLP Investors Seek Resolution For U3 Halt
Korea Exchange Now Plans A New Rapid Investigation Department
Insider Now Buys A Whopping $22.2M Worth of HYMC Stock
Coinbase Is Now Seeking SEC Approval For Tokenized Stock Trading
Robinhood Now Becomes Center of Allegations in Illegal Short Selling
NWBO Now Seeks To Identify Hedge Funds Engaged in Spoofing
Ken Griffin Now Says Retail Investors Will Never Beat The Pros
A Major Market Maker Now Gets Away With Illegal Reporting
US Regulators Now Delay More Hedge Fund Rules Again
Reuters Strategist Says Hedge Funds Are At Risk of Short Squeezes From Retail Investors
A Former Citadel Director Now Gets Appointed To FINRA’s Board
Short Interest Levels Now Rise To February 2021 Levels
About The Author
