The AMC Stock Discussion Thread

DJ Paul's Arm

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Who do they owe? The Chinese government?

Lenders, suppliers and foreign investors all over the globe.

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:shaq:
 

FaTaL

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Nah. If they knew the the government would bail them out, evergrande wouldn’t be blackmailing their employees.



They already gave them loans and stopped making payments, that’s why they’re all showing up at the headquarters demanding their money back
 

DJ Paul's Arm

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They already gave them loans and stopped making payments, that’s why they’re all showing up at the headquarters demanding their money back

Those aren’t employees of the company, those are individual investors and people who threw their life savings to purchase a property that will no longer be completed if defaulted.
 
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Apparently China has 2 public holidays this week. Guess

Was about to post this.

China markets I believe are closed for Monday and Tuesday due to holiday. But this week might get very interesting

Hedgies can stop us all day, But they can't stop the entire market from crashing.

But the damage isn't too bad yet. We just need to sit back and watch. I'm definitely copping some shares tomorrow.
 
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