Curious why the common stock owners are so mad about the judge allowing AMC’s plans to go through. I understand some diluting will go on but seems to me if it was not allowed to go through then the company would surely go bankrupt (which is where I see them one day regardless). But when the judge said ok to the deal on Friday, the stock started bombing. Is this all about the dilution of the stock? 3 weeks ago when the judge originally said no to the deal the stock price doubled and I couldn’t figure out why people would be excited about them surely going bankrupt. What is it I am not understanding?
Based on the way you wrote, you failed to earn tons of money by shorting AMC. AMC used to be very volatile / move extremely massively. For the past few months, it has been moving in a very small range (in absolute number). It has been on the downtrend since May 2021. And it is approaching zero. When will it be zero?
No I don’t have a play on them. Just happen to have seen a story on it but it failed to tell me why the current shareholders are unhappy with the deal.
I thought I read somewhere that the deal also involves a reverse-stock-split. I don't follow stocks much, but isn't a reverse split generally a forewarning of bad? Maybe that is the true catalyst.
I will buy https://www.betterbathrooms.com/p/g...mm-chrome-8mm-glass-corvus-range-a1beba_26079 https://www.heatandplumb.com/acatalog/signature-inca-wet-room-glass-screen-sign3799 https://www.heatandplumb.com/acatalog/signature-icon-wet-room-glass-screen-sign3780
The Apes don’t like Aron’s back door dilution. Were you playing the AMC-APE bet? Apes don’t want 1 billion shares to screw them like Bobby did using Hudson.