LMFAO!! I put that Bullshit nonsense in the same category as those predictions that the issuance of the new preferred APE units does not constitute/lead to serious dilution of AMC shares. SMFH
P.S. the run up in AMC shares is bineg widely attributed to the social media frenzy and hype coming out of reddit/WSB /APES over the weekend that has ALL meme stocks up strong today, including Bed, Bath and Beyond (BBBY), which is +38% today for no reason other than all the social media hype and frenzy over meme stocks this past weekend into today.
AMC a was supposed to (pick your choice) Go Bankrupt Go to 1 penny Go to $1 Go to $2 Go to $2.80 Go to $5 Go to $8.25 Go under $10 Can’t hold $12 Can’t hold $13 Can’t hold $14 Can’t hold $15 Super Duper Strong Resistance at $15 Never see $20 again