Replies to post #24403 on AMC Entertainment Holdings Inc (AMC)

[MastaBeta]

I don't disagree. I said the same thing prior to his interview with Trey. However I am more comfortable since then that the new shares won't be used negligently, if they are approved. Pretty sure the squeeze will happen before EOY if it's going to. So kind of ambivalent about the vote now.

[kgb1]

I don’t think the CEO actually wanted the 500 million shares, in my opinion he did it to initiate a share Count, I’ve been in many stocks and have had shares approved without asking the shareholders, you wake up one day and the company puts out a filling that the share count has increased and the stock dumps without any advanced notice, this is the first stonk I’ve been in that the CEO has asked for a vote.
I still voted no but that’s my take, if the CEO really wanted shares he wouldn’t have ask for a vote.