Replies to post #112084 on AMC Entertainment Holdings Inc (AMC)

[Prudent Capitalist]

LMFAO! AMC is (-47.6%) on its ill-guided investment in Hycroft Mining Holding Co. (HYMC), which shut down its only mine a year ago. It has an exploration plan but is not engaged in any mining operations right now. In fact, HYMC was trading in the .30 range just one week prior to AMC paying a whopping $1.198 per share for its interest. With HYMC trading down in the low .60's right now HYMC received its official notice of NASDAQ non-compliance recently and will likely be de-listed. SMFH

and now AMC owns 20% of a literal gold mine