thabull12 :
CNK is 90% institution owned, it’s the end point for AMC’s collapse. 10000 updated screens and theaters for pennies on the dollar, not the first time in history that this strategy has happened. Corporate raiding at its best, watch an industry for a company that is struggling, manipulate the interest rates so they have to take on unserviceable debt, all while purchasing a small competitor, by privately funding them thru whatever is causing the downturn. Then once the big company finally dies swoop in and scoop up assets for cheap, just slap on new billboards and logos and you have a profitable business with a complete lack of competition.
71364531 : Ok, what does this have to do with AMC stock?
Lfgmoonmoon 71364531: Exactly
ur wifes boyfriendOP : Cause they're the competitors for real?
thabull12 : CNK is 90% institution owned, it’s the end point for AMC’s collapse. 10000 updated screens and theaters for pennies on the dollar, not the first time in history that this strategy has happened. Corporate raiding at its best, watch an industry for a company that is struggling, manipulate the interest rates so they have to take on unserviceable debt, all while purchasing a small competitor, by privately funding them thru whatever is causing the downturn. Then once the big company finally dies swoop in and scoop up assets for cheap, just slap on new billboards and logos and you have a profitable business with a complete lack of competition.
ur wifes boyfriendOP : makes a complete sense
ur wifes boyfriendOP thabull12: share price is getting pumped up too
71364531 ur wifes boyfriendOP: Obviously not if I haven't heard of them or the stock.