re: Holding AMC Thread- Diamond hands unite

Apparently the lead ape forgot he's supposed to hodl. Or maybe he knows more dilution is coming after the new year.

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Adam Aron, chief executive officer of AMC Entertainment Holdings Inc., sold another $9.65 million in shares of the meme-driven theater stock, following sales that he had said were prudent for estate planning.

Aron, who has led the struggling movie-theater chain since 2016, sold 312,500 shares on Dec. 7 for $30.867, according to a regulatory filing Thursday after markets closed. That followed recent sales valued at more than $25 million.

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Separately AMC’s chief financial officer, Sean Goodman, sold all of his 18,316 shares for about $565,000, according to a filing. That doesn’t include almost 600,000 shares that are subject to continued service or targets.

Corporate executives routinely sell stock they get as compensation. But Aron has publicly wooed retail investors and touted AMC’s future prospects while selling the stock and benefiting from a mammoth rally in the shares.

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I said it many pages ago, he's been playing you guys like a fiddle. But I would like to get Greyparrot and Sasquatch's insider info on how this is actually indicating that the squeeze is imminent.

ETA: I love his attempt at justifying it by saying the sales were "prudent for estate plannning". You mean he knows it's worth more now than it's going to be in a few weeks, and that's good for his estate?

I took a quick peak at the Reddit sub for this and it was interesting. Some are still trying to justify any/all moves ("he told us months ago he was going to sell") and others are seeing it for what it is...retail buying the float, buying the new issuances, and then AMC brass selling to take their money.

It's been a transfer of wealth alright, just in the opposite direction of what they were expecting

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We’re 200 pages into this thread. Nobody is changing anybody’s mind. How about when we get to page ??? of this thread and AMC is worth your perceived value, come back and Greygoose shows his portfolio % of now vs when the thread started and best man is declared the winner.

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6/12/21

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We wanna do this now?

From my good friend Greyparrot. We need his expertise now more than ever.

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Are you buying puts with Chitstain? AMC will see $100 before it will see $20 again.

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7/15/21

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I thought he sold shares that he already announced he would already be selling in his last earnings call. He did not sell any new shares.

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What difference does it make if he was on record that he was gonna sell? Selling is selling. Meanwhile, retail continues to press each other to hold and carry the bag while the Board offloads at tremendous profits.

And like I said, it's never a good look when the company leadership is selling whatever they can, especially for a meme stock where the dream is a short squeeze. And you know more shares are gonna hit the market following the new year.

If I was holding, I'd at least consider investing in some puts to protect whatever I had left (assuming you're going to continue to hodl).

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Right as rain baby boy.

Go read yourself, if it interests you.

But, Since spoon feeding is your preferred method and I clearly have a bit better mental acuity. Xela, and wish to name 2.

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8/17/21

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Generations of investors to come after us will read about the great XELA and WISH short squeezes of 2021.



WOOF



WOOF

Can't believe I wasn't aware of these short squeezes back in August, but thankfully someone with the mental acuity of Carlsoda was willing to help me.

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Apparently the lead ape forgot he's supposed to hodl. Or maybe he knows more dilution is coming after the new year.

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This was already disclosed months ago. He acknowledged that he would be selling these shares over the next few months which is not uncommon for a CEO nearing retirement. If this is news to you, have you decided to short the stock yet?

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My money will work harder for me elsewhere, as I noted many pages ago.

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Yet you continue to post on a stock that you have no interest in?

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if you are able to explain away everything that happens on the stock...go for it

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I simply stated that what you are pretending to be a new development, is old news.

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And shouldn't him supposedly nearing retirement be a negative by itself?

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Not at all. That's not why I'm invested in this.

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You just may be riding this thing down even further.

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If it went to zero, I'd still be ahead with realized gains. Sorry you continue to miss out.

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I'm invested largely to remind people like greyparrot and carlsoda (who may be the same person) of their ridiculous and incorrect takes. Like AT they likely cost some people here a lot of money.

And there's something really gratifying about exposing people who are smug and think they're the smartest people in the room.

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Hi pot meet kettle.

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Hi pot meet kettle.

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The fun part of that being that I actually am the smart one, and I was right

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The fun part of that being that I actually am the smart one, and I was right

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How smart of you to pick and choose when to come in and brag. Didn't see you bragging much when it $45 last month?

Challenge is open to compare realized gains for 2021 if you like?