im going to hate seeing this drop again but im used to it
The AMC Stock Discussion Thread
- Thread starter I Really Mean It
- Start date
Dividend
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So #1 they must have made a profit #2 does this mean everyone who owns their shares gets it and #3 this should cause problems for shorts?Dividend
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We deliver real-time business and markets news to the world covering FDA approvals, merger & acquisitions, earnings, dividends, SEC filings and more.
humminbird
Veteran
Kenny West
Veteran
I gotta hand it to these dudes. Very creative finding new ways to dilute
Crizzy
U wanted the smoke...u can have it your way
I gotta hand it to these dudes. Very creative finding new ways to dilute
Is it tho? Could've sworn I just heard it's not dilution on the call - I'm in both so whichever wanna rock first gme or amc... I'm good with it
DJ Paul's Arm
Veteran
So is the floor still $2.5 million per share?
Kenny West
Veteran
The stockholders wont approve further dilution on the class A stock, so they're making a new tradeable unit that doesn't have that rule.
Crizzy
U wanted the smoke...u can have it your way
Bet... I see what u sayin
So what are your thoughts on this situation?
Kenny West
Veteran
At best this changes nothing and they dilute outside the float. At worst they use these shares to regain control of the vote (will investors hold their amc shares AND 100% of the ape shares? Doubt it) since the new shares will have voting rights. They approve on the dilution next vote and dump both floats to complete the rug pull.
The audacity this company has is truly incredible, they're really turning AMC's entire business model into milking its investors dry with gimmicks. From the company that brought you 4 back to back agressive dilutions and selling discounted shares directly to hedge funds to stop the squeeze brings us one more classic. Look more NFT's! Hey buy this mining company's shares from the hedge fund I saved from you guys! Popcorn delivery! And now new votable shares under the ticker "ape" !
I'm floored that people have continued to kiss AA's ass after he literally & deliberately fukked retail out of their squeeze last summer. These guys must be on some ivory tower shyt cause damn
running
Crizzy
U wanted the smoke...u can have it your way
My calls were printing heavy today... Love to see AMC doing things
