What's everyone's thoughts on Shitadel selling off 80% of th...
What's everyone's thoughts on Shitadel selling off 80% of their AMC shares? $AMC Entertainment (AMC.US)$
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Anonymous Investor : What does that do exactly
Eddyyyyyy : also curious
Baboom : FUD
Moonmoon89 Anonymous Investor : nothing as compared to many institutions buying in.
HODL TIL THEY FOLD : I love it that they sell. I wouldn't want to be co-owner with shitadel
Domidayv69 : Maybe they see no future for theaters considering Hollywood isn't pushing out any original content and people aren't flocking to the movies. Unlike GME where people DO go and shop, and discovering and betting on the obvious shorts was a good thing, people have been avoiding going to movie theaters. Either out of fear of the coof or for the plain old fact that there's actually nothing entertaining coming from Hollywood. Not to mention September's right around the corner and with the jobs and inflation reports ciming out you can expect a big crash. I hope I'm wrong but I don't see it going anywhere but down.