The AMC Stock Discussion Thread

[Still Benefited]

I was out,but now Im thinking of going back in. I have no choice but to take you quoting me as a spiritual sign#ItsTime.


And free the persecuted financial advisor @I Really Mean It. Between #Bothsides and a mod losing a boatload of money on this play, This has been nothing more than a witchhunt on that man.

 

[Silky Johnson]

AMC stock closes at a record low

AMC stock closed at an all-time low on Friday.

finance.yahoo.com

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AMC stock closes at all-time low on investor concerns of share dilution
Ines Ferré
Ines Ferré
Fri, January 5, 2024 at 2:32 PM EST·1 min read
In this article:

AMC (AMC) stock is in free fall so far this year.

The theater chain hit a new all-time low on Friday, down more than 2% to close the session at $5.17 per share. The stock is down more than 15% over the past four sessions.

The stock has been on a downward spiral as the company continues to issue shares, which dilutes investors’ holdings amid its looming debt.


Earlier this week AMC said it “entered into a series of privately negotiated exchange agreements, under which it has issued or will issue” more than 3.25 million Class A stock “in exchange for $22,500,000” to pay down notes due in 2026.

AMC Entertainment Holdings, Inc. (AMC)
5.17-0.13(-2.45%)

AMC added it “may engage in similar transactions in the future but is under no obligation to do so.”

Last November, AMC filed to offer up to $350 million in stock. Shares tanked as much as 20% on the news.


The offering followed an announced sale of 40 million shares in September “to bolster liquidity, to repay, refinance, redeem or repurchase its existing indebtedness,” and general corporate purposes.

The stock is down more than 80% since August 2023, when it traded just north of $40 per share.

AMC logo displayed on a smartphone with in the background Barbie stock graph on screen in this photo illustration. On 8 August 2023 in Brussels, Belgium. (Photo illustration by Jonathan Raa/NurPhoto via Getty Images)
AMC logo displayed on a smartphone with the Barbie logo and stock graph in the background. (Jonathan Raa/NurPhoto via Getty Images) (NurPhoto via Getty Images)More
A look at the stock's meme-era bonanza days shows just how far shares have fallen from their all-time closing high of $339.05 in early June of 2021.

AMC is expected to announce fourth quarter earnings on Jan. 28. The company beat its third quarter revenue estimates last year following the movie hits "Barbie" and "Oppenheimer.”

MOASS

 

[jdubnyce]

AMC stock closes at a record low

AMC stock closed at an all-time low on Friday.

finance.yahoo.com

MOASS

#hodl

 

[DJ Paul's Arm]

I actually want this to hit $0 for the lolz

I went to the Reddit sub forum on this shyt after not visiting it for a year and they’re still optimistic. Saying the same shyt that they said 3 years ago.

“It’s all a mind game to get you to sell! Buy more, hodl and ignore the shills. Anyone posting negativity are paid hedge fund interns trying to break this community!”

 

[Geek Nasty]

At this point we”d be better off if it was delisted and they had to recall shares

 

[NinoBrown]

Buying more amc once I load the fidelity clip in...

 

[Thavoiceofthevoiceless]

I actually want this to hit $0 for the lolz

I went to the Reddit sub forum on this shyt after not visiting it for a year and they’re still optimistic. Saying the same shyt that they said 3 years ago.

“It’s all a mind game to get you to sell! Buy more, hodl and ignore the shills. Anyone posting negativity are paid hedge fund interns trying to break this community!”

I mean when you read how much some of those people admit to being down, it makes sense why they’d keep every hope alive imaginable

 

[DJ Paul's Arm]

I mean when you read how much some of those people admit to being down, it makes sense why they’d keep every hope alive imaginable

I still remember some cat posted his unrealized gains of over $800k when it hit $72 but kept holding for the $500k per share.

I wonder how much he has now.

 

[RARI_Godwind]

Dumb Money was good

 

[Yessir_Araphat]

Damn this shyt flatlining

 

[waynep]

Lost 2gs on this. Never again man I'll just sports gamble Smh

 

[Geek Nasty]

Lost 2gs on this. Never again man I'll just sports gamble Smh

I've probably lost about $5K, but like I said this was a risky play. You're talking about taking $100s of billions from Wall Street on a shytty bet THEY made, have to expect them to do anything possible to duck that bill. I don't regret it because I understood the cost-benefit.

 

[Kool]

Lost 2gs on this. Never again man I'll just sports gamble Smh

This.

I lost $4,000 fukking around with this AMC sh*t. NEVER AGAIN! Enough time has passed to where now I don't give a f*ck about the money I lost but like I said... NEVER AGAIN!

 

[Gloxina]

If you don’t heed this advice, the regret you feel will lie squarely at your feet. Thank me later.

 

[Mega]

People cashing out at $500 or even $1,000 are going to regret it. When it comes to that decision, I don’t believe they will do it.