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masterofdisaster

06/27/21 7:10 PM

#55960 RE: fourdint #55959

Smart money and I agree 100%. AMC still needs to run a business
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cadillacdave

06/27/21 8:53 PM

#55978 RE: fourdint #55959

The release of 25 million shares is dilution and could cause some of the diamond hands to leave if the PPS went down. The HF could hold on for a few more months knowing the dilution is coming. I'm not saying it would definitely work out like that but it is a possibility. Also, last time AA diluted at a bad time for shareholders. The timing effectively tempered the run up. Somehow I don't think that was an accident. We have to look at or at least consider history here before we hand these guys the keys to do what they want.
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keepdreaming132

06/27/21 9:00 PM

#55979 RE: fourdint #55959

Adam Aron has a 3% stake in Citadel. Citadel own a majority of his other company or so they say.
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king oil

06/27/21 10:33 PM

#56005 RE: fourdint #55959

25 million is nothing in terms of dilution but is massive in terms of raising capital for the company. I agree that hedge funds don’t want to see it pass because it makes the company stronger and their shorts weaker.