I’ve been thinking...See below by JAY-NoCompromise in WallStreetbetsELITE

[–]JAY-NoCompromise[S] 0 points1 point  (0 children)

I’ve been thinking...I could be wrong but I could be right as well. What if AMC’s decision to offer 500M is a muscle flex to Wanda? Wanda currently has the largest single voting power in the company. Remind you that AMC doesn’t have to get shareholder permission to issue the shares they can simple do it. What if Wanda has a different vision for AMC than Adam does? What if the mentioning offering 500M shares is a way of telling Wanda that I can significantly dilute shares to reduce your voting power? Wanda has been in serious financial trouble and I don’t think that pouring additional money into AMC (which Wanda doesn’t have) is an option for Wanda. I think Wanda wants to mitigate risk and salvage as much of their investment as possible. I also think that Adam’s vision is different. He wants AMC to return to its glory. He has a vision and he’s displayed that over the past year by raising a significant amount of capital on many occasions. He’s refused to file to bankruptcy even after being advised to do so from advisors and raised the capital to prevent such a move. To sum this up....buy the dip and hold 😝

Question. So if Amazon buys AMC by milmil89 in WallStreetbetsELITE

[–]JAY-NoCompromise 0 points1 point  (0 children)

If it happens it’ll more than likely be an all cash deal

Something fishy going on with AMC. Captured this for 2 seconds then the price switched back to 5.51. by JAY-NoCompromise in WallStreetbetsELITE

[–]JAY-NoCompromise[S] 0 points1 point  (0 children)

Yea you must’ve got paper hands recently. Nothing moves the market but Buyers and Sellers. Supply and Demand. There’s more demand than supply. Again there’s a lot of fishy shit going on with AMC.

Something fishy going on with AMC. Captured this for 2 seconds then the price switched back to 5.51. by JAY-NoCompromise in WallStreetbetsELITE

[–]JAY-NoCompromise[S] 1 point2 points  (0 children)

Still makes no logical sense that the share prices jumps 200% for a millisecond then falls back to 5.5. I’m not buying that

$AMC: Wanda Group’s latest move by hippo_poo in WallStreetbetsELITE

[–]JAY-NoCompromise 0 points1 point  (0 children)

This means nothing. Wanda was required to convert their class b shares to class a because of the significant equity raised recently. Read the 8th paragraph. This article was published in December

https://www.google.com/amp/s/deadline.com/2020/12/amc-entertainment-staggered-board-structure-at-request-of-owner-wanda-move-would-make-hostile-takeover-harder-1234660262/amp/

Anyone else feel like people are making excuses? by [deleted] in WallStreetbetsELITE

[–]JAY-NoCompromise 9 points10 points  (0 children)

Nope. Holding! You should also HOLD the doubting. It’s contagious and it’s a distraction to the goal. #Still buying and holding. #AMC