Originally Posted by Buehler445:
That痴 interesting. If AMC is leveraging a short squeeze to sell treasury stock, and they manage to time it right, that痴 fairly brilliant.
It's great if all of this can keep AMC around losing money for more years as I like going to the theater.
The question is why would a private equity firm want to buy? Pre-pandemic AMC was selling for $2-6 in 2020 with under 100 million outstanding shares w/ 5 Billion in LT debt. Now it has 450 million outstanding shares still w/ 5 billion in LT debt and they bought at 27/share!? Bizarre.. [Reply]
Originally Posted by ChiliConCarnage:
It's great if all of this can keep AMC around losing money for more years as I like going to the theater.
The question is why would a private equity firm want to buy? Pre-pandemic AMC was selling for $2-6 in 2020 with under 100 million outstanding shares w/ 5 Billion in LT debt. Now it has 450 million outstanding shares still w/ 5 billion in LT debt and they bought at 27/share!? Bizarre..
Rumor mill at reddit has been going at it today about Mudrick buying at 27 on Friday, only to sell today. They think it was a coordinated attack with Citadel to drop the price, since the CEO of Citadel owns 10% of Mudrick.
It's like Taco John and Black Op level conspiracies over there. It's all delicious entertainment as long as its making me money. [Reply]
Originally Posted by lewdog:
Put the kid of the tablet, gave him a popsicle and told him to "leave me alone!"
Got an hour of charting in and they lead me to some possible breakout charts. Heavy rotation to financial sector when looking through 500+ charts just now.
