We all know that AMC has a lot of debt and 2.8 billion is due in 2026. This is probably the main reason shorts have an argument. In fact I think this is why shorts are doing everything they can to hold the price down.
Two things that I think could be the real check mate.
If the price of AMC goes up significantly, they can sell shares a pay off all debt.
AMC restructures the debt and pushes it off well into the future.
I think AA and the AMC leadership is working hard on #2. I’m crossing my fingers and hoping someday some news comes out regarding #2.
$AMC Entertainment (AMC.US)$
John 3 16 : Nothing against shorting, but naked shorting is a different story. We all know that this stock has been manipulated for over 3 years.