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Started By
Message
re: Holding AMC Thread- Diamond hands unite
Posted on 3/30/21 at 10:04 pm to greygoose
Posted on 3/30/21 at 10:04 pm to greygoose
quote:
Utilization has been at near 100% for a while.
What does that mean? Serious question.
Also, the thread is "holding" and "diamond hands", but you said you've been selling along the way. What the hell?
quote:
Apparently, nobody is selling.
Any free chart (and associated share cost) will show that that is not true.
This post was edited on 3/30/21 at 10:07 pm
1
Posted on 3/30/21 at 10:31 pm to Chucktown_Badger
quote:Explaining shite to you has gotten old. You are clearly too stupid to discuss anything above colors and shapes. I'm really thinking you are either a functional retard or some kind of psychotic who jerks off to trolling on an obscure financial thread.
Chitown_Badger
Posted on 3/30/21 at 10:53 pm to greygoose
Just looked utilization up, didn't know what it was before...but it looks like it's around 85% and is down a bit from 7 days ago. Not a metric that is accessible from most sites and brokerages so I can't tell how that stacks up with other stocks I'd want to check. But if I were to wager a guess, I'd say you think this means a short squeeze is coming?
Posted on 4/1/21 at 9:08 am to greygoose
quote:
AMC Entertainment (NYSE:AMC) will ask shareholders to approve another share offering, this time for 500M shares, CEO Adam Aron says on CNBC.
SeekingAlpha Headline
Saw this on the front page of SA... AMC taking full advantage of their shareholders.
Posted on 4/1/21 at 9:10 am to UltimaParadox
lol warned them a month ago about that
Posted on 4/1/21 at 9:14 am to UltimaParadox
quote:You think that's news? It was proposed weeks ago. It's up to shareholders to approve and the meeting isn't until May.
SeekingAlpha Headline
Saw this on the front page of SA... AMC taking full advantage of their shareholders.
Posted on 4/1/21 at 9:14 am to rocket31
quote:
lol warned them a month ago about that
Chart is going to be a textbook example of extreme dilution in the future. And this one is already out of date
This post was edited on 4/1/21 at 9:15 am
Posted on 4/1/21 at 9:17 am to greygoose
quote:-AMC CEO
"WE ARE ASKING FOR PERMISSION TO ISSUES MORE SHARES> IT DOESNT MEAN WE WILL DO IT>HAVING THE PERMISSION GIVES THE COMPANY THE FLEXIBILITY"
Posted on 4/1/21 at 10:18 am to greygoose
Is this another situation where they just need to get a count of the shares that are out there?
Posted on 4/1/21 at 11:26 am to UltimaParadox
another 500MM shares...would be almost 1B shares outstanding on a company with a current market cap of 5B and a historical market cap of 500MM
The 200 day average is 5 bucks
the math is the math
The 200 day average is 5 bucks
the math is the math
Posted on 4/1/21 at 11:27 am to greygoose
quote:
AMC CEO
They’re either going to issue shares or raise debt. They have to do so.
Posted on 4/1/21 at 11:35 am to greygoose
quote:
greygoose
Brother, this stock isn’t going anywhere but down. You’ve got to start planning your exit. The product they offer is something people can do in their own homes. Movie buffs will still go to the theaters, but AMC and movie chains don’t have exclusive rights to big picture releases anymore.
Your expectations for what this stock is going to do is based on hopes and prayers at this point.
Posted on 4/1/21 at 11:40 am to CollegeFBRules
quote:
Your expectations for what this stock is going to do is based on hopes and prayers at this point planted by Reddit misinformation.
FIFY
Posted on 4/1/21 at 11:51 am to CollegeFBRules
quote:
but AMC and movie chains don’t have exclusive rights to big picture releases anymore.
it’s like that first piss after you drink a few beers, once the seal is broken there’s no stopping the momentum
Posted on 4/1/21 at 2:47 pm to CollegeFBRules
quote:
Brother, this stock isn’t going anywhere but down
Yep. I threw $500 at it for the memes but this thing had no staying power. It’s going to take a lot for me to go see a movie in a theater now, and I would imagine the same is true for most people. I’m also not a massive movie buff either so maybe I’m way off on that.
Posted on 4/5/21 at 9:33 am to AA7
We climbing baws
Posted on 4/5/21 at 9:48 am to CollegeFBRules
quote:
Brother, this stock isn’t going anywhere but down.
Currently:
$10.40$1.04(11.11%)
LOL!
This post was edited on 4/5/21 at 9:53 am
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