AMC earnings release and Adam Aarons "Pounce" promise

Fair enough, but what do you think the earnings (or days leading up to) news will do to the stock price? Up, down no change etc?

I’ll probably buy some OTM puts dated just past the call.

I think this “promise” coupled with the high volatility of the stock sets up nicely for a bearish position.

How can Aaron, as a director/officer legally announce a claim to raise a stock price?

I own Cinemark - CNK much nicer theaters and growing company.

I went down the rabbit hole of the AMC MOASS (mother of all short squeezes) crowd recently. It will happen and destroy the financial elites if only the financial elites would stop conspiring to keep it from happening.

Crazy stuff like a $3500 price target because Computershare capped setting sell limits below $3500 after customers were setting limits over 200 grand. There is a persistent erroneous belief that short sellers can't borrow shares with a sell order in place. Plus Computershare capped single sell orders at $10 million which has to mean something and AMC holders will get screwed when someday they can't make a billion dollars on one order.

I hope it happens for them and someday apes dominate the list of richest people on the planet but even at the height of the short squeeze mania AMC was only a 4x from where it's at, which would still be nice for anybody holding the stock.

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Well that was a dud.

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You're so obsessed with other people's money, you posted this 2 hours after the market closed. Not biased at all.

ETA: Up 30% in 5 days. Sorry you missed the boat... again.

Cant wait for the new APE share. Seems like it's a good way to prove that naked shorts exist. The brokers have to give everyone the new shares so they'll be verifying/ getting the amc shares back from the HFs, who won't have enough shares to cover causing a fail to deliver causing MOASS

Wrong. It has the same effect as a 2:1 stock split. It will not increase AMC debt by 1 penny. Last time I checked on here, stock splits are good. Reverse stock splits; not so much. AMC has a good earnings report, basically announces a 2 to 1 stock split, and Slackster still can't let it go. Yet he didn't get off the sidelines and buy puts to back up his expert opinion. Why? Because he just hopes the stock goes down, so one day he can tell everyone he was right.

Slack is right baw

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This new AMC Preferred Equity gives AMC a currency that can be used in the future to strengthen our balance sheet, including by paying down debt or raising fresh equity.

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This is a direct quote from Aron. On the PR. These units being given away for free aren’t doing anything in this statement - meaning they’ll have to sell more.

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The AMC Preferred Equity Units can convert into Common Stock, but only if the Company proposes and investors vote to approve an increase in the number of authorized shares of Common Stock, in an amount at least sufficient to permit the conversion of the AMC Preferred Equity Units into Common Stock (through a "Common Stock Amendment").

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It’s all about increasing the authorized shares so they can sell more stock and keep the business going. The first vote failed, so now they’re going an alternate route to trick shareholders into approving the authorized shares increase

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Wrong. It has the same effect as a 2:1 stock split. It will not increase AMC debt by 1 penny. Last time I checked on here, stock splits are good. Reverse stock splits; not so much. AMC has a good earnings report, basically announces a 2 to 1 stock split, and Slackster still can't let it go.

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Read. The. Thread.