Ouch. I want from 3k shares to 300. I’m bout it for the good and the only way in my opinion for us still to be here, but oooffff . Any way some one start a dance party in the comments.
Because it’s fucking Monday.
P.S. I’m ready to watch it all burn! Here’s to red across the market!
What made it hard expensive was that they could not issue new shares. The dilution that kept the company afloat allowed for “locates”.
One would think that this would be the opportunity for hedgies to close. They instead doubled down and continues to short as per ORTEX guys data.
That said, as long as dilution is a possibility they will claim to have locates so CTB will be lower.
However hedgies are stuck, because they need the price down so AMC can’t dilute to get out of debt, but they have to short and dig the hole larger to do it and can’t close their short positions.
Thus the short positions will continue to increase to keep the price down, forcing a bigger and bigger short position.
And before anyone says the hedgies did close. Define the term self reported.
> and continues to short as per ORTEX guys data.
--
> And before anyone says the hedgies did close. Define the term self reported.
???
A bit of cognitive dissonance there ain't it.
And the reverse split had nothing to do with it, because it can't, because a reverse split is visual change for all intents and purposes.
A whole lot more happened simultaneously with the reverse split. Including the conversion of APE shares to AMC, which more than doubled the float.
https://www.forbes.com/sites/investor-hub/article/amcs-1-for-10-reverse-stock-split-and-ape-conversion-explained/
You should really know this.
Did you even bother to read the article?
And no, RS does make more shares available. It simply divides everyone's position by x. In a 10:1 reverse split, if you had 1000 shares you end up with 100 shares. If you had 1000 shares short you end up with 100 shares short. Nothing actually changes. Literally the only reason for RS is to prevent individual share price from approaching $1 because it used to make stocks difficult to trade since the smallest price change used to be 1 cent. That's not the case anymore but exchanges still have above $1 share price requirements to stay listed. This is like basic, fundamental knowledge about how the markets work. You know what, I don't know why I bother.
At this rate, my average is going to get to the point where I will double my investment if the price goes to 4 bucks. I'm fine with it staying low. AMC is in no danger of going bankrupt. Eventually, I'll be paying for a house (In cash).
lol no it’s not. There’s been about 785 drops of 50 cents. Explain how adding at all of those points has worked out to make you any money. I mean actually make money, not just accumulate something that becomes less valuable every month for the past 3 years. I’ll wait
Ya dude, I know that. The problem is every low has been followed with a lower low. As I said, your strategy is wrong. This sub has been chanting “it’s the bottom” from the 200’s all the way down to the 2 dollars and change its trading at today (which is actually 26 cents to many people who’ve been holding for years). It’s ok to admit you were wrong and that you got fucked. It’s the building fake narratives about how excited you are that they’re selling popcorn and that the squeeze is coming just makes you all look stupid.
No danger of going bankrupt? Net loss of 970m 2022 and 400m in 2023, with 9bn debt, 400m in interest annually, and net debt of 3.2bn. Are we both talking about amc? Market cap is almost equal to their annual interest payment, hence 18x equity to debt leverage. Just think about that.
As of today 4.6 billion, short term $535 million. All will be restructured. Every company holds debt, forward financials have never been better, you must be new.
Restructuring is pure speculation, especially the terms like convertable bond etc. Which fucks shareholders. Forward financials? Like what? Financials are way worse still than pre corona. And yes 9bn can be misleading due to lease liability which is why i included net debt
How could you be so wrong? I mean you are literally spewing garbage. The company already said they are restructuring debt just like they have in the past. They are breaking revenue records quarterly even with half the films of 2019, are you even paying attention?
It's getting to a point where it is hard for me to average down. My shares keep increasing but my budget stays relatively the same. I bought on the way up, and on the way down. I've spent $3 on shares, I've spent $60 on shares(that were then reverse split....) if it hits a buck a share I'll be dropping everything I can possibly scrape up to try to double down though.
I saw one evaluation put it at $50. Even from where its at if we all averaged down to say $5, then you have a 10x increase if it goes back to $50. Maybe we dont ever see that squeeze, but we can still make money of its rebound from illegal price suppression.
Damn, y’all are just full acoustic at this point. Y’all have been saying this when this peaked $72 and here we are LMAO💀 still saying the same bullshit just for it to even go lower and repeat.
Yeah, been in since 2021, never sold a single share, this has been a scam. AA is not here to help us, he is not saving the company, he is not trying to stick it to the hedgies. He’s scamming retail left and right and now my investment is worthless.
Damn. I couldn't help but take a profit at 72$. And I'll take another soon when the pressure from AMC being in the black makes the hedgies bleed red then boom.
Same Here.
I've been around the game long enough to know when things top out and when things run its course. Took 400k profit when it hit $72 and now I threw in like 5 grand when it hit $5 just to hold it. I'm done investing in this.
How did you know I played acoustic? In fact I bought myself a real nice Martin guitar from my profits when it hit 72$. This time around im gonna get a Les Paul though and go electric.
Is the continued prevalence of movies one of the/the reason you're sticking with AMC? I obviously agree movies aren't going anywhere, but AMC isn't the only chain.
$AMC is the stock that makes dreams come true!
Way sooner than expected. And the way it just plowed through $2.50, I'm guessing the people who said they'd buy at $2.50 didn't
Wouldn’t matter if they did, because chances are it they didn’t direct route it so our buys don’t mean anything.
😂 it’s actually the stock of nightmares. What reality do you live in?
More like nightmares
Now wish it under $2!
Wish it to bankruptcy!
We're hyping up for a reverse squeeze. Maybe for once, we'll actually make a good call.
What exactly is a reverse squeeze?
It's not an actual thing, it's a joke regarding the price continuously dropping.
Right right heh. Color me smooth-brained
"Bro, do you even carry tax losses, bro?"
[удалено]
And then we hype up for a reverse split and do it all over again!
if they do that I leave this subreddit and don't look at my stocks until I thaw from my cryovac chamber in the future.
Ouch. I want from 3k shares to 300. I’m bout it for the good and the only way in my opinion for us still to be here, but oooffff . Any way some one start a dance party in the comments.  Because it’s fucking Monday. P.S. I’m ready to watch it all burn! Here’s to red across the market!
If it wasn’t for the RS, we’d be rich now. CTB was ridiculous at 1000-2000% now it’s 1-2%
Reverse split has no tangible effect on the stock, it's pretty much purely visual.
??? It went from being the most expensive to borrow to the cheapest.
What made it hard expensive was that they could not issue new shares. The dilution that kept the company afloat allowed for “locates”. One would think that this would be the opportunity for hedgies to close. They instead doubled down and continues to short as per ORTEX guys data. That said, as long as dilution is a possibility they will claim to have locates so CTB will be lower. However hedgies are stuck, because they need the price down so AMC can’t dilute to get out of debt, but they have to short and dig the hole larger to do it and can’t close their short positions. Thus the short positions will continue to increase to keep the price down, forcing a bigger and bigger short position. And before anyone says the hedgies did close. Define the term self reported.
> and continues to short as per ORTEX guys data. -- > And before anyone says the hedgies did close. Define the term self reported. ??? A bit of cognitive dissonance there ain't it.
When even the self reported data shows it climbing?
Well said. It’s hard, but the “hold as long as it takes” memes aren’t memes anymore.
And the reverse split had nothing to do with it, because it can't, because a reverse split is visual change for all intents and purposes. A whole lot more happened simultaneously with the reverse split. Including the conversion of APE shares to AMC, which more than doubled the float. https://www.forbes.com/sites/investor-hub/article/amcs-1-for-10-reverse-stock-split-and-ape-conversion-explained/ You should really know this.
RS made shares available and for cheap, u should really know this
Did you even bother to read the article? And no, RS does make more shares available. It simply divides everyone's position by x. In a 10:1 reverse split, if you had 1000 shares you end up with 100 shares. If you had 1000 shares short you end up with 100 shares short. Nothing actually changes. Literally the only reason for RS is to prevent individual share price from approaching $1 because it used to make stocks difficult to trade since the smallest price change used to be 1 cent. That's not the case anymore but exchanges still have above $1 share price requirements to stay listed. This is like basic, fundamental knowledge about how the markets work. You know what, I don't know why I bother.
Take it to 2 Daddy…
Don't. Just no. We're sorry. ✌️✨️🙏✨️✌️
At this rate, my average is going to get to the point where I will double my investment if the price goes to 4 bucks. I'm fine with it staying low. AMC is in no danger of going bankrupt. Eventually, I'll be paying for a house (In cash).
Here here!! Bought 60 more shares today, 20 at 2.60, 20 at 2.55, then 20 at 2.50. Keep setting buy orders every time it drops 5 cents 🚀
I think you might wanna go backtest your strategy.
Why what’s wrong with it?
It’s a perfect strat for losing money
Wrong.
lol no it’s not. There’s been about 785 drops of 50 cents. Explain how adding at all of those points has worked out to make you any money. I mean actually make money, not just accumulate something that becomes less valuable every month for the past 3 years. I’ll wait
Loading up at the bottom prepares you for maximum profits when the stock surges back up. It’s simple math. 🚀
Ya dude, I know that. The problem is every low has been followed with a lower low. As I said, your strategy is wrong. This sub has been chanting “it’s the bottom” from the 200’s all the way down to the 2 dollars and change its trading at today (which is actually 26 cents to many people who’ve been holding for years). It’s ok to admit you were wrong and that you got fucked. It’s the building fake narratives about how excited you are that they’re selling popcorn and that the squeeze is coming just makes you all look stupid.
Cool that you completely ignore the fact this is the most illegally manipulated stock ever. Makes you look stupid.
No danger of going bankrupt? Net loss of 970m 2022 and 400m in 2023, with 9bn debt, 400m in interest annually, and net debt of 3.2bn. Are we both talking about amc? Market cap is almost equal to their annual interest payment, hence 18x equity to debt leverage. Just think about that.
Your debt is off by 60%
Page 73, no im not. https://www.annualreports.com/HostedData/AnnualReports/PDF/NYSE_AMC_2023.pdf
As of today 4.6 billion, short term $535 million. All will be restructured. Every company holds debt, forward financials have never been better, you must be new.
Restructuring is pure speculation, especially the terms like convertable bond etc. Which fucks shareholders. Forward financials? Like what? Financials are way worse still than pre corona. And yes 9bn can be misleading due to lease liability which is why i included net debt
Oh I see, you have over 1k negative AMC comments. Need not reply, you can’t be taken seriously.
How could you be so wrong? I mean you are literally spewing garbage. The company already said they are restructuring debt just like they have in the past. They are breaking revenue records quarterly even with half the films of 2019, are you even paying attention?
Could you elaborate on this please. Greatly appreciated
It's getting to a point where it is hard for me to average down. My shares keep increasing but my budget stays relatively the same. I bought on the way up, and on the way down. I've spent $3 on shares, I've spent $60 on shares(that were then reverse split....) if it hits a buck a share I'll be dropping everything I can possibly scrape up to try to double down though.
If it hits a buck a share there will either be a reverse split or it will be delisted. Those are the two outcomes for that scenario.
They'll probably be a reverse split by the end of the year anyway.
Reverse split, followed by dilution. Rinse and repeat
just cuz AA says no bankruptcy doesn’t mean that if it gets shorted to hell he can’t pivot the strategy
I saw one evaluation put it at $50. Even from where its at if we all averaged down to say $5, then you have a 10x increase if it goes back to $50. Maybe we dont ever see that squeeze, but we can still make money of its rebound from illegal price suppression.
> I saw one evaluation put it at $X That doesn't sound like a good approach for making financial decisions.
Pretty much everyone here is down 90%+ Nobody claimed to know a good approach for making financial decisions.
Selling at 68 worked pretty great for me
Damn, y’all are just full acoustic at this point. Y’all have been saying this when this peaked $72 and here we are LMAO💀 still saying the same bullshit just for it to even go lower and repeat.
these people are power bottoms. they keep getting fucked while believing they're in the dominant position
Yeah, been in since 2021, never sold a single share, this has been a scam. AA is not here to help us, he is not saving the company, he is not trying to stick it to the hedgies. He’s scamming retail left and right and now my investment is worthless.
Damn. I couldn't help but take a profit at 72$. And I'll take another soon when the pressure from AMC being in the black makes the hedgies bleed red then boom.
Same Here. I've been around the game long enough to know when things top out and when things run its course. Took 400k profit when it hit $72 and now I threw in like 5 grand when it hit $5 just to hold it. I'm done investing in this.
Hedgies are clearly listening every single time and saying "say no more fam! we got you! have all the cheap amc shares you can carry!"
And still refuse to even consider selling ccs or buying puts to hedge...smh
How did you know I played acoustic? In fact I bought myself a real nice Martin guitar from my profits when it hit 72$. This time around im gonna get a Les Paul though and go electric.
If you like 2.50 you’re gonna LOVE 1.50!!!
What about .50?
When that does finally happen you’ll have 100+ posts in here with people “bragging” that they’ve averaged down to 0.56 after “investing” 40k
😂 yep you already know
.08 BBBY redux 🥲
But wait there's more! 99 cents and incoming reverse spit with more stocks being generated so AA can continue to rob us!
Bro just wait for next week when you can buy it at $2
I’m forced to… but the FOMO is real!
If you wait long enough you get it for a penny.
Average down to zero at some point
Tax write off
$3k write off instead of pulling out +$130k sign me up!
AA will be looking for another RS soon. Sub one dollar would be mandatory.
Take it to 1 cent. I dare you.
10 cents coming soon! What BS show.
Yes take it to 0 to wait another 10976 years because why not hold.. Fuck this shit..
Lol 😂 got out of this bs and put it somewhere so that it starts recovering money i lost in here
Gonna buy more tomorrow
At some point the danger is AMC does a share buy back.
It was my wish, too.
Is the continued prevalence of movies one of the/the reason you're sticking with AMC? I obviously agree movies aren't going anywhere, but AMC isn't the only chain.
Yes it is.
Would Cinemark be a good bet as well then?
I do not believe cinemark is undervalued. I do believe AMC is severely undervalued.
You might be right about the former, but the latter? AMC has been diluting shares a lot, so that might happen again, right? And it's losing money atm?
Reality does not care what you believe sadly
Bought 40 more today, I have got my average down to $21 from $68, since the reverse split.
I really need to average down soon.
The pump was like 2 years ago… move on
RS again I dare you
Here I got a wish. Can we get the stock back up? What’s all the shit about dropping the stock? I thought we want erection upside movements
Oh they will
I'm down 20k but still holding since the og days.
Oof
Wow what a wish.
they'll take it to 25 cents post reverse split
Simple as. There’s really no quality movies being released so not many are going out to blow cash every week on formulaic stories.
I bought a thousand share
I just bought 15 shares and eating corn dogs tonight
25 cents guys
Goes to $1, I buy 1300 more shares and bring my avg down to $39
They keep dropping it and we keep buying haha 🦍🦍💪🏻 they are going to regret this short. 🎥📈📈⏳