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whoever believed this nonsense lost their money.
Total and complete nonsense.
AA filed to dump $300,000,000 worth of shares. Proven fact.
Complete and total nonsense.
And longs have lost far more than the shorts ever did on AMC. And Apes even more than that.
No one you know anyway. And you got your Reddi-Whip clowns that don't know me either. That's ok.
I should dig a couple of test holes in my back yard, and see what happens.
LOL banks crater, so what. Bank failures, real estate cratering are deflationary. What do you think happens then. No MOASS, just cratering.
Do you think they are going to blow that cash to pay that $600,000,000 note to pay it off to redeem it and avoid default? Maybe that's what they have been saving that cash for.
LMFAO - JJ loves clown shows.
Paid? No I just post during commercials.
AMC is paying $475 million/year to just service the debt. If they went BK and flushed the debt and the pesky Apes, all that money goes right to the bottom line. With 162 million shares outstanding, and assigning a modest 6 multiple, you have a $20/share stock with no debt. Yes you would have to find a way to dispose of all the Ape bodies, but I would just cremate them. Cinemark did this very thing.
A few clowns from a different show say AMC already defaulted in January 2024 but have keeping it quiet. We will see next Wednesday.
Mitch is someone I can't quite kick to the curb, but he is paying off this week. So far. He will be in tomorrow.
Oh he's stuck over here??
LLLAAAAAAAAAAAHHHHHHHHAHAHAHAHAHAHAHAHAHAHA
You were doing ok until you got to "professional"
Hojgaard and Olesen have to remember water is a liquid at this latitude . . .
One thing the SA article didn't mention is the $600,000,000 of senior debt coming due in April - that's only 5 weeks away.
"AMC's operating performance will decline over the next 12 months as theater attendance weakens in 2024. The domestic box office reached about $8.9 billion in 2023, driven by tent-pole films' strong performance. However, we expect domestic box office revenue of $8.00 billion-$8.25 billion, or a decline of about 10%, in 2024. Our forecast incorporates a significant disruption to the theatrical release slate in 2024 as a result of the Writers Guild of America (WGA) and Screen Actors Guild-American Federation of Television and Radio Artists (SAG-AFTRA) strikes that occurred in 2023."
https://disclosure.spglobal.com/ratings/en/regulatory/article/-/view/type/HTML/id/3123525
Yes!! AA will have a lot of happytalk early on, make sure you buy into it. He will also be dumping, and shorty will shorting. One happy family.
Happy flipping . . .
Crackpot post.
AA wants you to hold while he dumps. It's the oldest trick in the in the book, and you fell face first in the cesspool for it.
Agreed - AA will be dumping like a banshee into the earnings conference call.
Pure fantasy.
Shit-clown. AA needs to keep selling shares because they are drowning in debt. No price targets work.
Shit-clown. That AMC NFT token thing was a terrible idea.
Shit-clown. The Apes voted it down.
Shit-clown. Dimon wants to diversify.
Shit-clown. Harvard lawyers don't trade penny stocks.
Funny. Remember AA filed an SC13 to sell 300,000,000 shares periodically, by surprise.
Apes have wasted 99% of they money. They have no firepower left. A classic case of having more money than brains. They probably still do.
Cinemark cleaned itself up with a bankruptcy. AMC needs to do the same. Shareholders will be tossed in the ditch, but that's life in the big city.
Who cares about 3rd quarter. . . 4th quarter will be a death crush. Discussion of $200,000,000 losses, bankruptcy and debt default. It will be ugly.
No they're not. Meme conspiracy theory fantasy. It doesn't work that way.
If you click on Roster the big leaderboard is on the right.
Mick!! Outstanding round - your name in lights!
Complete bullshit.
He just hocks clown show Reddi-Whip commercials.