AMC up 25% today. They can thank Sound of Freedom for making movies great again!
(media.greatawakening.win)
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I don't hold the argument myself, I'm just pointing out the hypocrisy of those who post bullshit about AMC.
It's not bull shit, it's a fact that AA screws over his shareholders by diluting the stock. RC continues to buy shares of his own company Gamestop. One of the top 10 companies with insider buying on S&P 500. This means that he and other high-execs at Gamestop are invested in making the company successful and believe the share price will go up. But I hope AMC pops too, I just don't see any signs of good leadership there.
AMC has only one way to survive as a business: raising capital. Only way for AMC to do this is to dilute.
Dilution does not always hurt a company, in fact, if done smartly, it would drastically help a company. If it did, no company in the world would ever dilute.
Yeah, if AMC had used that capital to help the business. What exactly did they do with that capital to help the business?
AA + Swapcorn + Hollywood strike 😬
Inverse Cramer ftw
https://twitter.com/CEOAdam/status/1555566505869312000
https://twitter.com/CEOAdam/status/1398044877447913479