$AMC Entertainment (AMC.US)$ All I'm saying is AA needs apes...
$AMC Entertainment(AMC.US$ All I'm saying is AA needs apes to pay off his debts. Apes will leave after the squeeze. so ![]()
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Piggy Bank Trader : No. AA NEEDED Apes last year and in 2020. By APES buying and holding it did two things:
1) Prevent AMCs credit rating from falling and raising the interest on their debt causing higher payments.
2) Apes kept the share price inflated so amc could dilute at higher prices and raising more capital.
Now AA don’t need Apes. Listen to the way he speaks now. 18 months ago he praised apes and now he says he raised capital buying dilution. He don’t say apes helped save the company anymore.