The AMC Stock Discussion Thread

[Uchiha God]

There’s a little hope floating out there.

It’s just been so long; there’s no reason to sell at this point. Just wait to break even or close to it

 

[Denzel_Saucegton]

Yall still in here

Yall need to get a coli meet up going and whoop op ass

 

[jdubnyce]

Majority of people holding bought at $30 and above

Lordt

 

[bnew]

not mathematically possible for AMC shares to have traded the float multiple times as much as it has when retail largely owns the float without naked shorting going on.

back in august 2021 2% of the CEO reported amc four million retail investors proved they owned 13% of the entire float after the Say Technologies shareholders vote

they're only hope is for amc to go bankrupt and for regulators to continue to do nothing despite obvious irregularities regarding the stock.

edit:

market maker Virtu admitting they provide "infinite liquidity" to stock that have a finite supply.





goldman sachs marked 60 million short sell orders as long and thats just one prime broker.

 

[KnowledgeOfSelf17]

Puts on AMC coming

I tried to warn everyone on the price drop.
They’re dropping it for the reverse split and dilution from ape. The hedge funds got AMC on lock now. It’s not 2021 anymore.

 

[Big Jo]

is it anybody that actually thinks a squeeze is coming at this point?

 

[Amestafuu (Emeritus)]

 

[NatiboyB]

is it anybody that actually thinks a squeeze is coming at this point?

I thought this was over the money I have in it is low key just a loss makes no sense to get rid of it I’m just going to ride it out and cash in when I need it.

 

[jdubnyce]

is it anybody that actually thinks a squeeze is coming at this point?

Hodl





















Squeeze nah come

 

[Ezekiel 25:17]

Anybody receive mail from talking about an AMC settlement & Stockholder litigation? What's going on?

I just got it today.

 

[jdubnyce]

Anybody receive mail from talking about an AMC settlement & Stockholder litigation? What's going on?

I just got it today.

Redact confidential info and post pic

 

[Ezekiel 25:17]

Redact confidential info and post pic

I wouldnt get hype about it, but interesting nonetheless

 

[Why-Fi]

I wouldnt get hype about it, but interesting nonetheless

i got one coming but the mail didnt drop around here yet

 

[Ezekiel 25:17]

i got one coming but the mail didnt drop around here yet

From what I read on Reddit, it looks like it's a stock settlement and not money. Some people will get extra shares. That's not really good in my eyes, but I might be missing something

You're welcome.

Yes, the settlement offer from the board of AMC is to give 1 share for every 7.5 you own, but it counts after the RS. Which means you will need to have at least 80 shares to get 1 free share (80 shares turns into 8 shares). The free share will have same value as the new RS price ($29-30 if RS happened Friday). 150 shares gets 2 free shares, (150 turns into 15 shares), etc.

But remember, the Judge has yet to approve this offer by AMC suits. She could also rule it higher (2 free shares, etc.). Some people I know are writing a letter contesting the settlement offer, asking the Judge to consider a few more shares to make up for the truer value for shareholders financial losses--- 40% of AMC share values taken away on Aug 22, 2022. And then added loss of APE units being drastically reduced.

APEs were not a true "dividend" as stated. Dividends pay you $, add to your portfolio value; they don't take $ out of your portfolio value, make it less.

 

[threattonature]

From what I read on Reddit, it looks like it's a stock settlement and not money. Some people will get extra shares. That's not really good in my eyes, but I might be missing something

Yeah it's basically the lawsuit settlement where it's been determined that to make sure AMC stock holders don't lose value when they convert APE to AMC. Since APE is worth more and has more shares they are going to be giving 7 additional shares for every 1 share that AMC holders have. So we'll receive those shares. Then the APE to AMC conversion happens and then the reverse stock split. More complicated than that but a dumbed down version.