The AMC Stock Discussion Thread

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I don't think you know how bankruptcy works. The company would have filed for Chapter 11 bankruptcy which would allow for the company to reorganize. The reason why a company would need to do this is because the owe too much to the there creditors( banks, bondholders) and basically don't have enough cash on hand to pay the interest and payments when due. Chapter 11 allows for the company to take equity from the shareholders and basically dilutes there shares to nothing which would allow them to pay there creditors back. Creditors have first rights in bankruptcy because they are providing the company with a loan that basically uses a the company as collateral. Shareholders don't have rights and thus have more risk. The company would still exists as a chapter 11.

But I would suggest read before writing inaccurate information. You ain't doing anyone a service.

AMC is a public company

When a stock price goes to zero the company is bankrupt, the hedgefunds were trying to accomplish, because if they happens they won't have to pay taxes on any of the money they made shorting the stock

AMC would have to act as private company, and not file for bankrupt, in that event
 

pawdalaw

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AMC Stock Is Soaring, Leaving GameStop in the Dust

:umad:

you was shytting AMC all in that wall street, now you trying act brand new here
you fake as fukk, don't know what the hell you talking about, you just in the reddit cult lmao

if I don't respond it's not because I'm done shytting on you, I'm browser Mclarens to see which one I will look better in with all my jewelry on

sucka

Stall him out cuz, he been dropping gems in here. We need that! Hedgies want us divided.
 

Dreamchaser

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AMC is a public company

When a stock price goes to zero the company is bankrupt, the hedgefunds were trying to accomplish, because if they happens they won't have to pay taxes on any of the money they made shorting the stock

AMC would have to act as private company, and not file for bankrupt, in that event
Going to zero has nothing to do with bankruptcy, depending on the stock exchange (NYSE, Nasdaq) the company would get delisted once the shares hit less than a $1. Stock Exchanges have listing requirements that company's need to follow. But company can issue shares to stay afloat. Bankruptcy is a court process, hedgefunds are partnerships and thus get taxed as a individuals and not as company (this would depend on the state) but business don't get taxed crazy.
 

Kenny West

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AMC is a public company

When a stock price goes to zero the company is bankrupt, the hedgefunds were trying to accomplish, because if they happens they won't have to pay taxes on any of the money they made shorting the stock

AMC would have to act as private company, and not file for bankrupt, in that event
This isn't true

You must legit have a mouth where your butthole would be
 
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pawdalaw

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Hold for black wall street yall. Not a single insurance claim was paid out. They owe us for what they did to our ancestors. Everytime we built something they came and burned it down aand stole our land. This decade they have given 500b to farmers while skipping over the black ones. Hold to make history yall. We can do some serious damage.
 
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