Replies to post #78791 on AMC Entertainment Holdings Inc (AMC)

[Prudent Capitalist]

LOL! You might want to review the overnight news out of the Asian markets and China and Evergrande in particular. Evergrande shares surged upward on the Hong Kong exchange overnight on news that it was making the bond payments for tomorrow. But, the notion that situation will somehow directly affect AMC shares is nonsense. Just like all the fictional spew on another potential short squeeze or MOASS. Not going to happen.

Re AMC price today….
Just a guess but I bet BlackRock is unloading positions today because of their toxic China Evergrande exposure…remember BlackRock bought in at $5….the need to get out to save their butts for Monday when Evergrande and China market implodes.