AMC Entertainment Holdings Inc (AMC)

[joseytheoutlawwales]

“”AMC not going bankrupt anytime soon.””

Based upon what? The fact they will only get maybe max $320 MILLION now out of 40 million class A shares to be sold, against 8+ BILLION of debt?

That hardly even makes a dent. They are crushing the company’s ability to sell at any value.

At this rate, honestly we will be looking at ANOTHER R/S within 2024.

I’m about $65k red on current position, sadly maybe only slightly green on the whole trade (ie the run to $72, drop to $38, run to $68 within 6 hours helped prior).

The shorts, MMs, boogeyman, wtf knows - have clearly shown they can do literally whatever they want to retail.

I, for one, no longer believe we can actually win this war in AMC. Too many eyes on it.