$AMC Entertainment (AMC.US)$
Gelonghui on June 5丨AMC Cinemas (AMC.US) US stocks fell more than 13% after trading, falling below US$42 to US$41.51. The stock has risen more than 80% this week and has risen more than 21 times so far this year. However, US Securities and Exchange Commission (SEC) regulatory documents show that company executives have cashed out one after another this week. Among them, Anthony J. Saich, member of the board of directors of AMC and Harvard University professor, sold more than 600,000 US dollars in holdings this week, executive vice president John D. McDonald sold 1.7 million US dollars in holdings, and director Gary Locke sold 1.71 million US dollars in holdings. Shares, Senior Vice President Carla C. Chavarria sold US$2.53 million holdings, and Senior Vice President and Chief Content Officer Elizabeth F. Frank sold US$934,455 holdings.
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Gelonghui on June 5丨AMC Cinemas (AMC.US) US stocks fell more than 13% after trading, falling below US$42 to US$41.51. The stock has risen more than 80% this week and has risen more than 21 times so far this year. However, US Securities and Exchange Commission (SEC) regulatory documents show that company executives have cashed out one after another this week. Among them, Anthony J. Saich, member of the board of directors of AMC and Harvard University professor, sold more than 600,000 US dollars in holdings this week, executive vice president John D. McDonald sold 1.7 million US dollars in holdings, and director Gary Locke sold 1.71 million US dollars in holdings. Shares, Senior Vice President Carla C. Chavarria sold US$2.53 million holdings, and Senior Vice President and Chief Content Officer Elizabeth F. Frank sold US$934,455 holdings.
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The real creator of the myth is GME, and AMC is just an imitator and a dirty betrayal of the real investors. AMC has personally destroyed its own credibility, and that of its followers. It is not worth continuing to invest in AMC, because when the share price rises it will issue new shares again, stabbing investors in the back. Looking back at the stock price that can't go back, it's time to leave...
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This so-called AMC defense battle, in fact, AMC to issue new shares to circle money scam. Shorts continue to short and defenders continue to bleed. The mean-spirited AMC took the money away at a critical moment, sending the stock crashing. This caused people to lose trust and confidence in AMC. And the fighters are bleeding...
Continuing to invest in AMC is not worth it...
Continuing to invest in AMC is not worth it...
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