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Stockman1010101

04/06/23 9:14 AM

#120869 RE: bio33 #120867

If AA sells APE at $1 a $5 value stock he is giving away the Co to the HF shorts who will replace the board and run the company into bankruptcy and wipe us out. If you don't see this you are blind.
I thought AA wanted AMC Co to be in business for another 100 years as he always toutes.
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tulla236a

04/06/23 9:14 AM

#120870 RE: bio33 #120867

i hope aa can wait on selling ape. the closer we get to 4-27, i think ape will go up as long as amc doesn't bottom out.
Bullish
Bullish
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Prudent Capitalist

04/06/23 10:43 AM

#120889 RE: bio33 #120867

Solid points. Well stated bio:

He needs to desperately improve his balance sheet and general profitability of company. The service on the 5$B debt is enormous......apparently the resolution of the Allegheny case will be delayed based on courts actions yesterday....therefore IMO I believe AA will be selling ape shares to generate cash....if you look at financials his cash reserve as it currently exists is not healthy considering the expenses on their statements.... AA sole goal at this point IMO is to turn around AMC and make them profitable or more solvent.....again just another opinion...