Sorry to the long term holders
$AMC Entertainment (AMC.US)$ $AMC Preferred Equity Unit (APE.US)$ Now AMC sues their 20 insurance companies…. this is going to turn into a shit show and shorts are taking full advantage of it.
The amount AMC is going to spend on attorneys AND the board got a 25% raise….. long term share holders have lost 25%-50% of their investments….wow!!!
Now all my comments have been validated.
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honest Crow_8075 : I am very angry with myself for not getting out of this stock long ago. Tens of $1000s negative, with a rs looming. There seems to be no end in sight for this. Every year there seems to be a new crop of YouTubers spreading hopium to the masses. All that the apes did was bail out AMC, provide funding for executives’ raises and stocks for short to exploit. USA 2023 there exists ZERO accountability.
The Brown Knight OP honest Crow_8075 : I don’t blame the accountability portion. AA has all the power to prove/disprove naked shorting…ect. All he would have to do (I suspect maybe the court will) is call for a share count unexpectedly and on the weekend when no shares are being traded, take a snapshot of all the shares in all accounts.
Why will AA not provided any proof he called Finra/Sec when we hit day 35 on FTDs? Why don’t he provide the proof he looked into naked shorting?? Why did they get a 25% raise? There are 100 things on AA that is left with “why?”
honest Crow_8075 The Brown Knight OP : That too! Good point. They are all on the same team.