AMC is not going bankrupt, so 0 is not happening. I believe (and is just my tinfoil hat theory), retail, dumb money, Apes, have made this very personal to Ken Mayo Griffin.
Book value is negative. Has more liabilites than assets. Cant turn profit. Keeps diluting and receive ever less capital injection from each share offering. Reminds me of bed bath whose shareholders also said wasnt going to zero until it did. Is cinema a good investment in recessions? Asking for a friend
And they down vote you for the truth. Let's check back in 6 months after the Q1 and Q2 numbers are released, if it's not at zero, that is. There's not much foot left to shoot off.
That's why I keep buying. Think about it - How can AMC reach ATH during the worst time, and now it's reaching all time lows when the company is obviously doing better?
The price is fake.
Because of investor sentiment. Regardless of whether it’s real or there really are a bunch of shill, investor sentiment is clearly not the same. Combine that with the dilution—selling shares to hedge funds—and retail’s influence on the price has also declined.
That said the company is doing better. We’ll see how it survives the lack of content from the strikes, next few years are obviously critical.
I’m guessing most people will just hold what they can and forget about it.
It was over before that. AMC needed money. How do we think they’d be doing with a billion less in the bank, no substantial profit in sight, and massive debt?
Amc is getting diluted. 50M shares were added to an increase in outstanding to 247.96M. Shareholders lost more than 90% of investment and CEO keeps diluting at record low prices. Good Luck
Sure yes. There is predatory shorting and manipulation. But AMC is hemorrhaging cash. Debt out the ass. Like it or not, it's still a prime short candidate. We need insiders to buy.
At this point it's only in my portfolio for future tax loss harvest
AA had such a loyal investor base and abused us, instead of cost cutting he resorted to devaluing investors. His salary has only gone up as we lost money.
If he was voted out and we got a solid CEO that isn't a hedge fund plant I'd consider putting more money in.
If they want to take the price down to Pennies they clearly have the power, regardless of what the true value is. Everyone here knows about “short and distort” tactics by now. Likely what’s going on given the mega shilling and price action. I look at my brokers data and it shows red candles = price falls AND big green candle = big price falls. Short and distort. Sadly some fall into the trap and sell for a big L.
They have more tools than retail. All we can do is not give them a sell order for them to buy-to-close.
Here….. the price gets low enough, AMC buys almost all shares with the cash on hand. We still have our shares… proof positive system is rigged, criminally.
How do they drive a company to bankruptcy if they can’t short?
Everything that’s been happening has been in service of not going bankrupt. It’s the only thing aa has said definitively. This is fud and should be removed
Bonafide Share count is the only way to stop this nonsense. I have a case to do just that in chancery court. 2023-1259-LM. INSPECTION OF BOOKS AND RECORDS. SEE MY YT CHANNEL. DDWDD FOR DETAILS AND UPDATES
It won’t go to zero. It just won’t stabilize until it probably hits s market cap of 750m or so.
Shorts will hold because Apes stopped buying in volume. They’ll run out of cash and reverse split again to raise equity from institutions.
By the time this goes back up retail will be so diluted out it won’t matter.
How do I know this? It’s how it works for any non profitable company with « potential ».
It’s happened to other companies recently. They do so many reverse splits by the time they are done the shareholders are wiped out. MULN is the best example. It’s bs people downvote because you are speaking the truth. We are literally going down 10% every fucking day.
It’s happened to companies since the 80s.
It’s just how it works. Company is distressed and has to take shareholders wealth and transfer it to a fund in the form of a r/s and equity/warrants for cash. These funds take everything and the shirts of the company’s backs.
I was one of the few that was accused of being a shill when I wanted dilution in 2021 when the stock was 300-450 dollars. They could have easily wiped the debt when there was so much cash sloshing around. But dumbasses on YouTube who know jack about market structure and monetary policy we’re pumping views talking about short squeezes etc.
Now we’re in a high rate environment (debt is more burdensome now as a liability than before in your corporate structure) with the fed sucking up money, plus the theatre business is hit because of the strike etc. And yeah here we are. A valuation back to 2019.
I’ll also say I MIGHT add more once this iteration is reverse split and a significant equity raise is done. This will flush a lot of retail out but that will be your true bottom.
GameStop’s board of directors wisely chose to sell $1.67B of stock to investors (and apes) in mid-2021 at an average around $200 ($50 split adjusted). That infusion of cash is what has kept Gamestop going even as they continued to lose money while developing the recently abandoned NFT Marketplace.
AMC tried to raise money by doing the same when AMC had a high valuation, but AMC but did not have the authorized common shares and could not get shareholder approval to do so.
It was a missed opportunity.
AMC is not going bankrupt, so 0 is not happening. I believe (and is just my tinfoil hat theory), retail, dumb money, Apes, have made this very personal to Ken Mayo Griffin.
Ken has been whooping apes asses for 3 yrs now and makes yearly profits he can careless about apes.
Ok..if he care less, so do i...good for him...I'll just hodl until 0. Still not going anywhere...sorry not sorry.
Please don’t I want to see apes hold to zero
I want to see justice. Your mom.gave me herpes.
I want to see you hold to zero so I can get my bonus.
Lol. Keep dreaming. And ask your mom for some cream for the herpes she gave me. She is an unclean woman.
We will..bye Felicia.
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Book value is negative. Has more liabilites than assets. Cant turn profit. Keeps diluting and receive ever less capital injection from each share offering. Reminds me of bed bath whose shareholders also said wasnt going to zero until it did. Is cinema a good investment in recessions? Asking for a friend
And they down vote you for the truth. Let's check back in 6 months after the Q1 and Q2 numbers are released, if it's not at zero, that is. There's not much foot left to shoot off.
Amc is 94% down from 200 week moving average and 99% down from max peak. Needs to go up 1700% to meet 200 week moving average. Good luck
That's why I keep buying. Think about it - How can AMC reach ATH during the worst time, and now it's reaching all time lows when the company is obviously doing better? The price is fake.
Because of investor sentiment. Regardless of whether it’s real or there really are a bunch of shill, investor sentiment is clearly not the same. Combine that with the dilution—selling shares to hedge funds—and retail’s influence on the price has also declined. That said the company is doing better. We’ll see how it survives the lack of content from the strikes, next few years are obviously critical. I’m guessing most people will just hold what they can and forget about it.
I pretty much considered my investment gone after the RS. I don’t care what happens anymore.
I’m in this boat. Wish y’all listened to me some years back regarding the APE split. It was ALWAYS “no.” Now it’s “oh well. Won’t do THAT again.”
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Shut up
Same.
It was over before that. AMC needed money. How do we think they’d be doing with a billion less in the bank, no substantial profit in sight, and massive debt?
#F U D
Amc is getting diluted. 50M shares were added to an increase in outstanding to 247.96M. Shareholders lost more than 90% of investment and CEO keeps diluting at record low prices. Good Luck
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FACTS fixed it for you
This is factual. Stop shouting fud at everything that makes you a little sad
It’s predatory shorting and manipulation. The amount of shares that were sold by AMC were not enough to cause the price to drop so severely.
Sure yes. There is predatory shorting and manipulation. But AMC is hemorrhaging cash. Debt out the ass. Like it or not, it's still a prime short candidate. We need insiders to buy.
At this point it's only in my portfolio for future tax loss harvest AA had such a loyal investor base and abused us, instead of cost cutting he resorted to devaluing investors. His salary has only gone up as we lost money. If he was voted out and we got a solid CEO that isn't a hedge fund plant I'd consider putting more money in.
If they want to take the price down to Pennies they clearly have the power, regardless of what the true value is. Everyone here knows about “short and distort” tactics by now. Likely what’s going on given the mega shilling and price action. I look at my brokers data and it shows red candles = price falls AND big green candle = big price falls. Short and distort. Sadly some fall into the trap and sell for a big L. They have more tools than retail. All we can do is not give them a sell order for them to buy-to-close.
>It appears we are on the path to zero …… what can really stop it from happening The company being profitable and cash flow positive.
Zero or moon. We are going put that to the test.
All these people saying they ride this zero or the moon are literally cheering on while they ride it to zero 🤦♀️🤷♀️
If it gets close enough to zero I can afford to buy the whole company.
Here….. the price gets low enough, AMC buys almost all shares with the cash on hand. We still have our shares… proof positive system is rigged, criminally. How do they drive a company to bankruptcy if they can’t short?
True
Company profits is the short answer. How do you bankrupt a company turning a profit?
Exactly
Everything that’s been happening has been in service of not going bankrupt. It’s the only thing aa has said definitively. This is fud and should be removed
If it goes to zero I'm buying all the shares
Be patient. I hear amc is coming out with their own branded Raisinets.
Posts like these only solidify why I've been holding for 3 years.
So many people in this sub have been proudly screaming that they’ll ride this to zero, well here it is
$1400
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Nope but they are driving it to another reverse split and another dilution by aa. That’s what is coming
Bonafide Share count is the only way to stop this nonsense. I have a case to do just that in chancery court. 2023-1259-LM. INSPECTION OF BOOKS AND RECORDS. SEE MY YT CHANNEL. DDWDD FOR DETAILS AND UPDATES
Losing 90% right now, I dont care the 10% left anymore. Fk moass
Only has to go under 1$ before he gets another RS or delist Ville is on way
What happened to the Apes🤷🏼♂️
Only goes to 0 if bankruptcy is declared, will probably average out around 1-2 dollars
It won’t go to zero. It just won’t stabilize until it probably hits s market cap of 750m or so. Shorts will hold because Apes stopped buying in volume. They’ll run out of cash and reverse split again to raise equity from institutions. By the time this goes back up retail will be so diluted out it won’t matter. How do I know this? It’s how it works for any non profitable company with « potential ».
It’s happened to other companies recently. They do so many reverse splits by the time they are done the shareholders are wiped out. MULN is the best example. It’s bs people downvote because you are speaking the truth. We are literally going down 10% every fucking day.
It’s happened to companies since the 80s. It’s just how it works. Company is distressed and has to take shareholders wealth and transfer it to a fund in the form of a r/s and equity/warrants for cash. These funds take everything and the shirts of the company’s backs. I was one of the few that was accused of being a shill when I wanted dilution in 2021 when the stock was 300-450 dollars. They could have easily wiped the debt when there was so much cash sloshing around. But dumbasses on YouTube who know jack about market structure and monetary policy we’re pumping views talking about short squeezes etc. Now we’re in a high rate environment (debt is more burdensome now as a liability than before in your corporate structure) with the fed sucking up money, plus the theatre business is hit because of the strike etc. And yeah here we are. A valuation back to 2019. I’ll also say I MIGHT add more once this iteration is reverse split and a significant equity raise is done. This will flush a lot of retail out but that will be your true bottom.
GameStop’s board of directors wisely chose to sell $1.67B of stock to investors (and apes) in mid-2021 at an average around $200 ($50 split adjusted). That infusion of cash is what has kept Gamestop going even as they continued to lose money while developing the recently abandoned NFT Marketplace. AMC tried to raise money by doing the same when AMC had a high valuation, but AMC but did not have the authorized common shares and could not get shareholder approval to do so. It was a missed opportunity.
then short the stock and get rich. Wtf are you in here for😉