Here is a basic tip. Cash is king when running a business, especially when sales and profitability are woefully hurting. AMC is burning their cash as can be seen over the next couple of years. This isn’t good for the company (aka stock price). Not sure how much more this can be simplified.
Even with a solid summer series or sweet results from Top Gun, it only somewhat helps, the underlying issues don’t go away and those holding short positions circle like vultures as they see what’s coming to the company and stock price. Just a matter of time.
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