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AMC has been burning near 124 Million per

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StockDog100   Wednesday, 03/31/21 09:35:44 AM
Re: Jimmy Joe post# 21262
Post # of 87157 
AMC has been burning near 124 Million per month with 4.5 Billion in debt. Finance charges alone are approx 400 Million.

The near 1 billion cash that was raised by dumping on your heads is burning this year and will not be stopped.

1 Billion shares total on the way.

Your short term enthusiasm will eventually be crushed by company fundamentals. Enjoy it while you can.

The only way I am wrong is if someone steps up at the company level and says we are changing course and doing something different. So far the evidence indicates they are just going to enrich themselves while maintaining current models that have been losing for years. Even before Covid they were losing.

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