https://preview.redd.it/qlvwu010sk0d1.jpeg?width=750&format=pjpg&auto=webp&s=f498b86b262b98676d145f98ef14793f045ac57b
Edit: reddit care message told me : "... But you have options." Nope LMAO
https://preview.redd.it/94nbtoguyk0d1.jpeg?width=1290&format=pjpg&auto=webp&s=cff0a73b88d31637856dda08a120699e50d6524b
Yeah I got one of those too but I responded that I’m okay ![img](emote|t5_2th52|4271)
u/ImaginaryTrades responding to this message with “its ok I’ve got AMC & BB puts” sounds like u/AlcoholicPartyguy responded to his intervention with “I’m fine I’ve got gin and whisky”
Regard you realize this company would already be bankrupt and delisted if he never diluted? Like the only reason AMC is able to pay any debt is because they keep selling more shares. Literally a death spiral you goon. No one gives a fuck about going to the movies anymore this isn’t the 80’s.
It's like you guys want bankruptcy lol they don't have enough cash to pay their interest, what do you expect? The only reason they aren't in chapter 11 already is because you goons are propping up the share price for no reason facilitating this type of deal.
Agreed, he's keeping the sinking ship up right - getting rid of 160M of debt in one pen stroke, getting tons of love from his bond holder for the next negotiation. It is totally his fiduciary duty. its a win, except for poor common equity. The debt holder has had the debt serviced all this time, and now gets an exit with a nice one-time profit. Volume yesterday was an astounding 634M shares. No doubt they dumped it all over the course of the day at over their cost of \~$7
Yeah, I mean as CEO, he has a fiduciary duty to capitalize on a 130% gain overnight. If you pretend you owned 100% of AMC with the debt load you have hanging over your head, you’d jump at the chance. As he did.
He did it once. What made you think he wouldn't do it again? The company is closing stores and struggling. Only reason they aren't absolutely under is they have a some real estate. Why does reddit not buy and hold into companies that are stable and are undervalued like Novavax? BB?
This is like the 6th time in a row lol they do it literally EVERY time the share price pops, and they dont even wait a week usually. This time it was a couple days
At this point it’s predictable behavior. I bought AMC Monday morning, sold Tuesday morning, and then instantly bought ITM AMC puts. Capitalized on their ridiculousness.
I bought a lot of 3DTE $10 puts yesterday morning, sold in the afternoon. The spreads sucked, but I was able to net a little more than $100 per contract. Didn't get "rich" off of them, but I did throw all of the cash I had that wasn't in other investments at it. Nothing is ever a "sure thing", but it doesn't get much closer than buying puts after a 3x price increase off of meme news.
It shouldn’t be saved.
Theater chains created a lot of weird rules in different localities about being the exclusive purveyor of commercial films.
It’s part of why you have so few indie cinemas. For example. Back in the day Kerasotes Theaters (now merged into AMC) used to buy historic theater buildings in communities. Use them for many years as movie theaters.
Buuut. When they would sell it back to the city or to a new developer - it would come with stipulations that the building can’t be used to show first run films for like 100 years or some bullshit.
AMC inherited all of that. And some of those rules still stand.
Kill the last theater chain, and those rules die.
And. Studios suddenly have to negotiate release schedules with a myriad of theater groups. - that collective bargaining is the way it used to be - and should be again. Studios have enormous leverage over AMC to dictate the technology the theater must buy to play a film, and how expensive it will be to play a film.
Those cost pressures drive up ticket sales. But bargaining resistance with AMC gone will flow through the accounting all the way back to film budgets.
It could create a new need for middle budget films. The sweet spot of cool creative entertainment we had from the 70s-90s.
So fuck AMC. Let it fall. Let things be shitty for about 5 years. And then let’s see what happens as a patchwork of movie options start to come back.
Because whatever it might be, it’ll be better than what we have now. AMC sucks. 40 minutes of ads before a movie I paid for? Fuck you.
Wow, so many questions. Distribution pressures make sense, but how could blatantly anti-competiteve local ordinances stand up to court challenges/anti-trust? How would I find out in what communities such ordinances exist?
I believe a lot of that post was made up. Leverage works in the opposite direction - it's the scale of AMC that allows them to drive down what they pay to the studios. For small theatres they may have to hand over 80/90% of the box office to Disney where AMC are more likely in the 50% area.
Edit: ooh my first "reddit cares" and it took about 30 seconds to land. I'm honoured!
Let's say you own a lemonade stand and it cost you $20 for initial cost (lemons, stand, cups, etc). You sell each up of lemonade for $1.50, you need to sell 14 cups to break even, i.e. get your initial investment back. But the customers instead of drinking the lemonade, they start shitting in the cups and leaving it on your table. Now you're stuck with cups of shit you can't sell. Your table gets filled with cups of shit until you have no more space to put your new lemonades or operation. That's basically what the CEO did to share holders.
I don’t know why you got downvoted for that. I literally took a screenshot because he started off so serious and it turned into something hilarious. I haven’t laughed that hard in awhile.
Lmao what a whacky time line we live in. Roaring kitty writes a tweet and billions flow into AMC only for them to issue more shares and create a new generation of dumb bagholders.
Meanwhile, on the AMC sub it's the long expected MOASS where redditors fervently issues warnings to the hedge funds that their sell price is 1500 a share.
tbh fk off son, DFV never mentioned AMC once, it's a distraction.
*edit* "he didn't mention GME either" *deletes reply* Yes, he did mention GME you charlatan fool this is the whole reason why GME's been of high interest for 4 years, and he most recently did too yet again 0 talk of AMC because it's a PND ploy to divert liquidity to other stocks that are trash
Pretty sure it’s a systematic distraction. Gme wasn’t even on the top movers here yesterday🤔. Seconds after posting this a Reddit cares shows up. Watch your back and gtfo of here
They got bundled because Hedgies want both to go bust. They ended up in the same meme basket because of that. Theres only 1 of them that will squeeze and it’s not AMC.
It's why I don't buy more. Adam Aron is the biggest killer of AMC stock. Adam you lost all confidence I've ever had in you.
Sincerely,
An Eternal Bag Holder
No kidding, its a failing company and for reasons he doesnt understand retail occasionally piles in to get fisted. Itd be negligant to not dilute and pay off debt.
Even Buffett says you should issue stock when your company is overpriced AF. So, the CEO is just using common sense because AMC “investors” clearly don’t have any sense
When amc went on that rocket ship 2 years ago and diluted the crap out of their shares in the mid teens then in the 50’s was a major mistake. They not only killed the rally they threw away their best shot of getting out of debt. And people still believe in AA…
Like you have 5 :
AMC Entertainment Holdings, Inc. made a deal where they swapped some of their IOUs for $hares of their company. These IOUs were basically promises to pay back money they borrowed. They agreed to give out 23,280,295 shares of their company's Class A common stock to cover a debt of $163,850,000.
This move is a way for AMC to manage its debts. By €xchanging shares for debt, they're effectively reducing the amount of money they owe and possibly improving their financial situation. It's a common financial strategy companies use to restructure their debts and manage their finances more €ffectively.
"Sticky"
Private offer. Let me translate it to you, apes. Hedgies shorted yesterday. And while you were saying they would need to cover and pump the stock, they went and covered directly with the company with a massive discount. Pure criminal activity.
To somebody who’s outside of all of this… the concept of “issuing more shares” seems like something that should be an incredibly *serious* financial crime. Like insider trading, or ponzi schemes etc. it’s crazy to me that it’s so normalized. like, i don’t understand the point of buying a stock if it can be devalued drastically and legally at any point in time by any company. Seems like the worst investment imaginable
Lmao one of the most predictable things ever is AMC issuing shares after it pumps.
If you think this is going to be used for growth/company investment, absolutely wrong. The execs use retail as a literal printing press and go along with the hype to keep them buying.
But hey, at least you get to join the elite AMC shareholder’s club with 5% off tickets!
Covid was 4 years ago and it’s pretty clear at this point that the movie industry isn’t coming back the way it was. Idk what the bull case for AMC is at this point.
Considering that they’re essentially a dead man walking, the only move to make is to continue dumping on the regard shareholders at every opportunity and hope things improve down the line.
Based. When your stock is obviously overvalued, it's best to dilute it and get huge amounts of funding from the gambling mentality of the market.
Then, use that money on the actual business.
**User Report**| | | | :--|:--|:--|:-- **Total Submissions** | 10 | **First Seen In WSB** | 2 years ago **Total Comments** | 582 | **Previous Best DD** | **Account Age** | 8 years | | [**Join WSB Discord**](http://discord.gg/wsbverse)
https://preview.redd.it/qlvwu010sk0d1.jpeg?width=750&format=pjpg&auto=webp&s=f498b86b262b98676d145f98ef14793f045ac57b Edit: reddit care message told me : "... But you have options." Nope LMAO
Fuck this dilution king
Sucks to suck Edit: Thanks for the reddit care award, as if the dilution was not to be anticipated
I have reddit care blocked lol
I put them on the trophy case next to permabans from news subs
https://preview.redd.it/94nbtoguyk0d1.jpeg?width=1290&format=pjpg&auto=webp&s=cff0a73b88d31637856dda08a120699e50d6524b Yeah I got one of those too but I responded that I’m okay ![img](emote|t5_2th52|4271)
i just didn't respond, so they'll think i'm dead and give me a trophy
I already killed myself, still no trophy ![img](emote|t5_2th52|4260)
You made me somehow choke on yogurt. Thank you.
"Yogurt".
![img](emote|t5_2th52|4271)
![img](emote|t5_2th52|27189)
I blocked the reddit cares account.
Report it and the user will be banned.
This is the way (and what I did)
There's some mass reporting thing going on. Happening across multiple sub reddits last 12 hours.
I got my first one yesterday, I wondered why. Thanks for the clarification.
You can block RedditCares
Yeah I know, just letting people know that it's not anything they actually said that's got someone randomly angry.
Interesting. I got one too and was wondering who I pissed off.
I reported one I got on Monday.
u/ImaginaryTrades responding to this message with “its ok I’ve got AMC & BB puts” sounds like u/AlcoholicPartyguy responded to his intervention with “I’m fine I’ve got gin and whisky”
Same
I got hit with that yesterday. I asked if they were joking.
> as if the dilution was not to be anticipated 100th time is the charm
Fool me once shame on - shame on you. fool me… cant get fooled again
No, I love him. At this point anyone dumb enough to buy this shit fully deserves it
amc stock reddit would like to have a word with you. ![img](emote|t5_2th52|4271)
Regard you realize this company would already be bankrupt and delisted if he never diluted? Like the only reason AMC is able to pay any debt is because they keep selling more shares. Literally a death spiral you goon. No one gives a fuck about going to the movies anymore this isn’t the 80’s.
This reminds me of Weekend at Bernies… and AMC is Bernie…
yeah fuck this asshole trying to save his dying company
He’s like Rodney Dangerfield except not funny or cool.
It's like you guys want bankruptcy lol they don't have enough cash to pay their interest, what do you expect? The only reason they aren't in chapter 11 already is because you goons are propping up the share price for no reason facilitating this type of deal.
You guys all got one too? I was wondering who I pissed off.
I mean he’s doing the right thing. They don’t really have many options with their debt. He has to raise cash.
y'all got the "Reddit care message"?? I thought I was special
I got one of those. WTH.
As expected, the dilution king!
The dilution king. In your nearest theaters.
Nah...it's the "silverbitch monkey". Like a budget 365 king kong. Well not remotely close but you get what you get.
They are dumping shares on the speculating Apes... smart. The company is bankrupt without raising capital.
Agreed, he's keeping the sinking ship up right - getting rid of 160M of debt in one pen stroke, getting tons of love from his bond holder for the next negotiation. It is totally his fiduciary duty. its a win, except for poor common equity. The debt holder has had the debt serviced all this time, and now gets an exit with a nice one-time profit. Volume yesterday was an astounding 634M shares. No doubt they dumped it all over the course of the day at over their cost of \~$7
It's a massive transfer of wealth from the meme stock speculators to the bondholders. Now they won't have to take a haircut on their paper.
160M down, another 4.5B to go.
When will ppl stop ruining meme rallies chasing this watered down POS.
God damn this guy is ruthless to shareholders.
'bagholders'
"apes"
Regards
Apes regard together
Planes of the Apes now showing at your local cinema
The Regards of the Kingdom of the Planet of the Apes
https://preview.redd.it/b9ye5uhhkl0d1.jpeg?width=1004&format=pjpg&auto=webp&s=38869e6243ad5e61f274c402393319ea54dedfd8
Everyone saw it coming, if they bought and held they kinda deserve it
100% literally everytime it pops they dilute. They absolutely deserve it.
He swapped bonds payable in 2026 for equity so it’s not raising money like last time, it’s reducing debt
Which is largely equivalent to diluting for cash and using the cash to pay debt.
He didn't skip a beat, absolutely beautifully played. Also... fuck that guy.
Yeah, I mean as CEO, he has a fiduciary duty to capitalize on a 130% gain overnight. If you pretend you owned 100% of AMC with the debt load you have hanging over your head, you’d jump at the chance. As he did.
“BuY ThE DiP”
He's consistent if nothing else.
Yeah cuz junk bond borrowing cost is crazy high, better borrow it from the bag holders for free
He did it once. What made you think he wouldn't do it again? The company is closing stores and struggling. Only reason they aren't absolutely under is they have a some real estate. Why does reddit not buy and hold into companies that are stable and are undervalued like Novavax? BB?
“Why don’t people pump the meme stonks I bought instead”
their bags would be less heavy at least
This is like the 6th time in a row lol they do it literally EVERY time the share price pops, and they dont even wait a week usually. This time it was a couple days
It was ONE fucking day lol
> once
You know what I mean....
AMC regards love this though. ![img](emote|t5_2th52|4271)
i CaN BuY moRe nOw!
DiScOuNt
Shorts are done!
D R S ![img](emote|t5_2th52|4267)![img](emote|t5_2th52|4271)
At this point it’s predictable behavior. I bought AMC Monday morning, sold Tuesday morning, and then instantly bought ITM AMC puts. Capitalized on their ridiculousness.
Damn I did the same but the puts. Nice combo play there. I'm still too fresh to mess with options
New money, eh?
[удалено]
Lol 50% run to the upside? “Healthy, Normal, this is AMC baby” 10% drop to the downside? “RIGGED! CORRUPTION! Hedgies r fuk” God I despise them lol
F yeah….fundamentals don’t mean shit! This is a casino, sir!
Excuse me sir this is a Wendy's.
No this is Patrick
All options play, the stonk holders hold the bag
Make a options play, sell at opening and repeat for as long as the run holds
I honestly don't get why you idiots bother... AA has been rawdogging you from the get go.
The only AA that isn’t good for you
It still has 12 steps, and they’re all dilution.
How else can they afford to give free popcorn to the people who lost all their money buying this stock? They need to eat something.....
The souls of the bag holders methinks.
lolol, truly evil
Sold out at the peak and made an ok $30K happy with what I got.
Good for them, I suppose. Now they can buy a new trailer.
Unsurprising lol
[Time and time again, it has been proven, the only way to make money off AMC is to work there. ](https://youtu.be/9FEDucTYk40?t=15)
Opportunity cost of serving popcorn for min wage is not really making money off of them...
Playing amc puts yesterday was the best idea i've had in a while, i knew AA would seize this opportunity to shaft his investors once more.
Something tells me the puts are so damn expensive that nobody is getting rich on them.
I sold my amc calls at open and immediately looked at puts. Yep, too expensive, IV too high, wasn’t worth it imo
The IV is just got priced out with this 25% drop, the slow bleed that follows will be profit.
Market makers are making Hella bank on these IV explodes lop They love this
Buying pure puts is incredibly risky, but put spreads are much better risk to reward.
Don't listen to the poor advice from that peasant. If you're not among the elite, you shouldn't be gambling with options at all.
I bought a lot of 3DTE $10 puts yesterday morning, sold in the afternoon. The spreads sucked, but I was able to net a little more than $100 per contract. Didn't get "rich" off of them, but I did throw all of the cash I had that wasn't in other investments at it. Nothing is ever a "sure thing", but it doesn't get much closer than buying puts after a 3x price increase off of meme news.
Especially when it’s amc, which is guaranteed to dilute the second there price action
Wow AMC might survive until summer 2025 at this rate!
Yeah, no kidding, they are burning through cash. I'm not sure AMC can be saved other than thru ch11
It shouldn’t be saved. Theater chains created a lot of weird rules in different localities about being the exclusive purveyor of commercial films. It’s part of why you have so few indie cinemas. For example. Back in the day Kerasotes Theaters (now merged into AMC) used to buy historic theater buildings in communities. Use them for many years as movie theaters. Buuut. When they would sell it back to the city or to a new developer - it would come with stipulations that the building can’t be used to show first run films for like 100 years or some bullshit. AMC inherited all of that. And some of those rules still stand. Kill the last theater chain, and those rules die. And. Studios suddenly have to negotiate release schedules with a myriad of theater groups. - that collective bargaining is the way it used to be - and should be again. Studios have enormous leverage over AMC to dictate the technology the theater must buy to play a film, and how expensive it will be to play a film. Those cost pressures drive up ticket sales. But bargaining resistance with AMC gone will flow through the accounting all the way back to film budgets. It could create a new need for middle budget films. The sweet spot of cool creative entertainment we had from the 70s-90s. So fuck AMC. Let it fall. Let things be shitty for about 5 years. And then let’s see what happens as a patchwork of movie options start to come back. Because whatever it might be, it’ll be better than what we have now. AMC sucks. 40 minutes of ads before a movie I paid for? Fuck you.
Wow, so many questions. Distribution pressures make sense, but how could blatantly anti-competiteve local ordinances stand up to court challenges/anti-trust? How would I find out in what communities such ordinances exist?
I believe a lot of that post was made up. Leverage works in the opposite direction - it's the scale of AMC that allows them to drive down what they pay to the studios. For small theatres they may have to hand over 80/90% of the box office to Disney where AMC are more likely in the 50% area. Edit: ooh my first "reddit cares" and it took about 30 seconds to land. I'm honoured!
At their cash burn rate, this will buy them a few more weeks.
Brilliant lol He can pay himself out again and say it was planned since he’s getting old
Explain it to me like I own a lemonade stand please
Let's say you own a lemonade stand and it cost you $20 for initial cost (lemons, stand, cups, etc). You sell each up of lemonade for $1.50, you need to sell 14 cups to break even, i.e. get your initial investment back. But the customers instead of drinking the lemonade, they start shitting in the cups and leaving it on your table. Now you're stuck with cups of shit you can't sell. Your table gets filled with cups of shit until you have no more space to put your new lemonades or operation. That's basically what the CEO did to share holders.
I was absolutely sure you were quoting The Office
Laughing to tears at this, well done
My god this was fantastic. Best laugh all day.
I am going to print this comment out and keep in safe and pull it out whenever I need to laugh. fn, hilarious
I don’t know why you got downvoted for that. I literally took a screenshot because he started off so serious and it turned into something hilarious. I haven’t laughed that hard in awhile.
AMC's only product that still sells is stocks. But all these investments will help in turning around their business model, right? Right?
Lmao what a whacky time line we live in. Roaring kitty writes a tweet and billions flow into AMC only for them to issue more shares and create a new generation of dumb bagholders. Meanwhile, on the AMC sub it's the long expected MOASS where redditors fervently issues warnings to the hedge funds that their sell price is 1500 a share.
Fyi, roaring kitty aka Dfv has never ever, not even once talked about or mentioned Amc.
Sounds like a herd of cattle to me. Mooo.
Happy cake day visualmod
Happy cake day to my fav Turing Test Proctor!
Happy cake day VM
Roaring Kitty and Moass have nothing to do with AMC. It’s literally an ape trap as evident by OP.
Amc is borats brother billo
They just don’t get it 🤦♂️
DFV never mentioned AMC...it's only your imagination that his posts or anything related to DFV is about AMC
1500 a share…. 😂
Not even close to billions
tbh fk off son, DFV never mentioned AMC once, it's a distraction. *edit* "he didn't mention GME either" *deletes reply* Yes, he did mention GME you charlatan fool this is the whole reason why GME's been of high interest for 4 years, and he most recently did too yet again 0 talk of AMC because it's a PND ploy to divert liquidity to other stocks that are trash
One cazillionseptillion per share anything less is giving them away. If the price falls it's CRIME AND MANIPULATIONS hodl strong. Buy more!
Pretty sure it’s a systematic distraction. Gme wasn’t even on the top movers here yesterday🤔. Seconds after posting this a Reddit cares shows up. Watch your back and gtfo of here
Relax bro you aren’t fighting a war against global elites you simply hold a stock that occasionally pumps
Regards are regards
$7.03 a share for those who can't math
Actually it’s $7.33 https://preview.redd.it/greqlcbiwk0d1.jpeg?width=1178&format=pjpg&auto=webp&s=e786925c8135972d05b7f1193a4dbb5b0570617e
To be fair, he did say for those who can’t math
Yea, I mean he did more maths than me. I can’t maths either but thankfully I can read
Take my upvote you filthy animal
Still .70/share pre split ![img](emote|t5_2th52|4271)![img](emote|t5_2th52|8883)
I’m so glad I sold at 60
$600, by today’s prices
Exactly
The anti-GME
There is only one meme king
Me and my $35 of AMC do not like this
So why is the other stock not allowed to be talked? Is there a reason?
Congress hasn’t had a hearing on AMC yet
Because since at least a couple of years ago it would have been the only stock talked about. There are tons of subs for that stock alone.
Thought we were here to make money
What on earth makes you think that?
I don’t know sorry for my outburst
You came to a casino to make money?
Lmao how will the bagh—shareholders justify this
Somehow this shiit company is not banned on WSB but don't you dare talk about the only Game in town ! F*ck wsb mobs misleading people !
And this is why Gamestore is better... nfa
Good thing you said nfa, or else you'd be in prison right now
Yeah it’s getting annoying seeing that shit everywhere.
There was only ever 1. I’m not sure how this got bundled up other than being in an associated basket and then creating a cult like following
They got bundled because Hedgies want both to go bust. They ended up in the same meme basket because of that. Theres only 1 of them that will squeeze and it’s not AMC.
AMC intentionally fucking the investors and pocketing the money via backroom deals? Must be a Tuesday.
It's why I don't buy more. Adam Aron is the biggest killer of AMC stock. Adam you lost all confidence I've ever had in you. Sincerely, An Eternal Bag Holder
Yall should have got out when he showed he wasn't wearing pants.
Seriously... Like... One could, in theory, still sell...
No kidding, its a failing company and for reasons he doesnt understand retail occasionally piles in to get fisted. Itd be negligant to not dilute and pay off debt.
LOL. What did you expect from that POS AA!
Man, puts on AMC was probably the most obvious play this week.
He ripped a new asshole to a few assholes.
Retailer Traders making executives millionaires, lol
More like making internships at hedge funds millionaires 😂😂😂
As long as I can still pay $25/mo and see 12 movies with no additional charge, idc what AMC does…or doesn’t do lol
We are going to find out this pump is run by some hedge fund.
If you didn’t see this coming when you FOMO’d in two days ago you deserve it tbh
Even Buffett says you should issue stock when your company is overpriced AF. So, the CEO is just using common sense because AMC “investors” clearly don’t have any sense
When will y'all learn....
When amc went on that rocket ship 2 years ago and diluted the crap out of their shares in the mid teens then in the 50’s was a major mistake. They not only killed the rally they threw away their best shot of getting out of debt. And people still believe in AA…
Like you have 5 : AMC Entertainment Holdings, Inc. made a deal where they swapped some of their IOUs for $hares of their company. These IOUs were basically promises to pay back money they borrowed. They agreed to give out 23,280,295 shares of their company's Class A common stock to cover a debt of $163,850,000. This move is a way for AMC to manage its debts. By €xchanging shares for debt, they're effectively reducing the amount of money they owe and possibly improving their financial situation. It's a common financial strategy companies use to restructure their debts and manage their finances more €ffectively. "Sticky"
Agreed, at the expense of their shareholders
Private offer. Let me translate it to you, apes. Hedgies shorted yesterday. And while you were saying they would need to cover and pump the stock, they went and covered directly with the company with a massive discount. Pure criminal activity.
To somebody who’s outside of all of this… the concept of “issuing more shares” seems like something that should be an incredibly *serious* financial crime. Like insider trading, or ponzi schemes etc. it’s crazy to me that it’s so normalized. like, i don’t understand the point of buying a stock if it can be devalued drastically and legally at any point in time by any company. Seems like the worst investment imaginable
https://preview.redd.it/w2dlkt3a4l0d1.png?width=692&format=png&auto=webp&s=23ac533b03abf1e5430041d7e4ec9b15cde15e13
Lmao one of the most predictable things ever is AMC issuing shares after it pumps. If you think this is going to be used for growth/company investment, absolutely wrong. The execs use retail as a literal printing press and go along with the hype to keep them buying. But hey, at least you get to join the elite AMC shareholder’s club with 5% off tickets!
The only smart thing they’ve done. They should have just sold the whole company yesterday.
I am shocked. SHOCKED I say! ... Well, not that shocked.
Aron basically killed meme stock run. Needs to remove AMC from any future meme pumps.
No idea why people try to make money on AMC
https://x.com/TheRoaringKitty/status/1790717515523658119 you boys ready?
I think the shorts were pretty much right about this one. Literally only stays in business by sucking you idiots dry
Covid was 4 years ago and it’s pretty clear at this point that the movie industry isn’t coming back the way it was. Idk what the bull case for AMC is at this point. Considering that they’re essentially a dead man walking, the only move to make is to continue dumping on the regard shareholders at every opportunity and hope things improve down the line.
I've gotten banned from both AMC subs for criticizing this douchebag. Still worth it though.
Of course, they would be stupid not to.
I don’t even know what half those words mean. Being stupid is really aggregating
Easiest puts ever
Based. When your stock is obviously overvalued, it's best to dilute it and get huge amounts of funding from the gambling mentality of the market. Then, use that money on the actual business.
The actual business in this case being coke and hookers.
The business is shit lol
That’s some bullshit. AA is pure trash. I hope whatever AMC stock I’m holding turns to dirt.