(like how AM IPO holders have an enormous advantage due to 35x rise in share price making a larger barrier to entry for new investors on an absolute basis)
This statement is just another way to say "AM is a bubble and the shares aren't worth what they go for". That this realization is slowly percolating even through the investors that'd be
much better served thus should be perhaps a little worrying
What the hell are you talking about? This is a clear-cut, textbook example of a strawman failure of logic. I in no way implied anything of the sort. The fact that you think it's even remotely logical to infer what you did would frankly be hilarious if it weren't so abjectly sad.