Replies to post #19671 on AMC Entertainment Holdings Inc (AMC)

[Nebuchadnezzar]

if we hear that the vote to raise AS another 500M shares is a resounding NO, then AMC "can squeeze"

if the board were to come out with an amended proxy of only 200M in AS, it would have much better chance of passing and not diluting as badly.

AMC just raised $2.2 billion in cash over the past 6 month and paid $600 in debt.

THERE IS NO REASON for 500M increase in AS, even if they dont dilute 1 share.

[Stockman1010101]

The squeeze is coming you can bet your bottom dollar on that. When is the big question? I think after the dust settles on the latest shareholder meeting voting, people will have more confidense in the Co and stock valuation. Right now there is premature reactions. I think in the long run AMC stock will rocket from where it is now. $50 to $100 is not out of the question. But the catalyst is not there yet. Many people in the know have loaded up at these bargain basement prices. Including the CEO and some world class famous WallStreet players that know this game better than most of us here and other trading boards.
Remember, BUY and HOLD folks. Big money is yet to be made here with AMC stock. GLTA.