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$AMC Entertainment (AMC.US)$ So Cinemark is worth 2.1 billi...
$AMC Entertainment (AMC.US)$ So Cinemark is worth 2.1 billion, but AMC is only 880 million?
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Moo Live
Jan 23 16:54
MicroStrategy Q4 2024 earnings conference call
FANCY PANTS : Yes
Sabertrader39 : because retail owns AMC and institutions own Cinemark, manipulation at its finest.
Dumb Money Space Ape : So short CNK and long AMC?
EasyGravy Dumb Money Space Ape : You don't even have the financial requirements to be able to short anything! You're a broke ass clown.
Piggy Bank Trader : It’s 100% in the debt each company carries. It’s not manipulation or any other reason. AMC owes more and is losing money.
If Q after Q you lose money and you owe 4+ billion, what major holder would want to buy it?
Shorts and retail are the only one’s.
Maxxdog : funny, ball gravy all around his mouth and cornhole
Piggy Bank Trader : AMC has only had I think 2 quarters they made profit in several years, and it was small numbers 18 million and like 8 million I believe.
The only way they are paying the bills is through dilution but they are running out of shares to dilute. At that time and unless something changes, AMC will default.
notsuchanewbie EasyGravy : Woah that was rude! So uncalled for..
MindOverMatter notsuchanewbie : he's mad don't mind him lol
FANCY PANTS notsuchanewbie : But Maxxdog's comment was okay?
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