Replies to post #119488 on AMC Entertainment Holdings Inc (AMC)

[Prudent Capitalist]

Yep! The kids and grandkids of the APES will still be talking about the squeeze and MOASS that is just around the corner decades from now, if, and that is a big if, AMC is still around. As for another one of AMC's absolute debacles, HYMC is setting new 52-week lows seemingly by the minute today. Its share price is now right back down in the low .30's where it was a little over a year ago as it teetered on the brink of Bankruptcy or going out of business, just one week before AMC (Adam Aaron) and Sprott stupidly injected $27.9 Million each into HYMC at the ridiculously inflated price of $1.198 per share. Apparently, AA did not realize that Hycroft is not a gold mining company, and that it no longer has any mining operations They are just an exploration company and the only gold there is encapsulated in iron sulphate making it too expensive (unprofitable) to extricate it on a financially feasible basis. SMFH