AA Hmmmmm
$AMC Entertainment(AMC.US$ Adam Aron primary goal may be to save the hedgies and not to pay off debt. He could have paid off debt when he released the APE shares but he didn't. 1 Bilion APE shares at $8 a share is $8 Billion dollars debt paid off and we would be sitting on $3 Billion in cash.
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Mark McG : Shhhh, don't talk facts here. It hurts their feelings.
intuitive Jackal_354 : AA sold us out again
thabull12 : You do understand that 1 ape per amc was already given out, and that he didn’t file to create the extra ape until the ticker was in the 2 range right?
MuscMoo thabull12: yes, and he also had no way of knowing they were going to manipulate it immediately like they did. it literally still makes no sense(the price difference). People blaming him for not knowing their next manipulation moves is laughable
H-E-T : Makes no sence NO ONE WAS BUYING AT 8 EVERYONE WAS SELLING APE everyone sold ape as soon as it was released he’ll I was lucky to get 7.78 for it. Remember this when ape was released NO ONE WAS BUYING!!!