Adam Aron is a hedge fund stooge (read the billionaire boys club DD) and has sold a ton of his stock and has diluted AMC so many times it’s near worthless now with a gigantic float. It will never squeeze. I was smart and got out at peak and sold it all at $60 years ago.
You know how badly diluted it is? If you look at the yearly charts look at peak it now says $600 meaning the value of each share has been diluted 10x.
The stock right now is worth the equivalent of 50 cents if you go by value before dilution.
Selling stock to build a cash war chest is not the same as diluting while the company is in massive debt while enriching yourself. Aron even went against shareholders and used a loophole to create the Ape preferred stock which he sold to make money then merged it into AMC diluting it further.
Ryan hasn’t sold a single share of GME he only profits by increasing share value. Same can’t be said for Adam he’s pumped hype up just to sell into it every single time to fatten his own pockets.
Adam Aron is a hedge fund stooge (read the billionaire boys club DD) and has sold a ton of his stock and has diluted AMC so many times it’s near worthless now with a gigantic float. It will never squeeze. I was smart and got out at peak and sold it all at $60 years ago.
You know how badly diluted it is? If you look at the yearly charts look at peak it now says $600 meaning the value of each share has been diluted 10x.
The stock right now is worth the equivalent of 50 cents if you go by value before dilution.
You realize Ryan Cohen also diluted GME right? 🙄
You realized we voted for that right?
Selling stock to build a cash war chest is not the same as diluting while the company is in massive debt while enriching yourself. Aron even went against shareholders and used a loophole to create the Ape preferred stock which he sold to make money then merged it into AMC diluting it further.
Ryan hasn’t sold a single share of GME he only profits by increasing share value. Same can’t be said for Adam he’s pumped hype up just to sell into it every single time to fatten his own pockets.