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Re: highlandernew post# 116922

Sunday, 01/22/2023 1:17:47 AM

Sunday, January 22, 2023 1:17:47 AM

Post# of 141350
If you vote and approve the AMC 10 to 1 Reverse Split. Here is what will happen. The stock price will go to $50 and the number of shares you hold will be divided by 10 or you hold 10% of what you had before the RS. Then the shorts will ladder attack the price back down to $5 guaranteeing you will loose 90% of your value. Anyone that tells you wont loose anything after the RS does not know anything. For those that brought AMC at $10 - $50 your losses will be locked in. because for you to break even you would need AMC to trade between $100 - $500. What's the probability this will happen? Big fat zero.
In summary, Adam Aron will robe you of most of your investment in AMC if you let him do a reverse split RS.
Unless we had a change in AMC management there is no way any of you who brought AMC shares above $10 will ever get your money back.

GLTA AMC APES
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