If you were ever in doubt that the relentless posts about “sell now before it’s too late”, or “AMC is gonna plummet after the RS” were from FUD bots, these multiple lawsuits to delay it should be enough evidence to convince you otherwise. Why in the world would hedge funds want to delay the RS? Especially when they claim the stock price will drop to sub $3. It’s because it’s all a lie. They want to convince you AMC is dead. On the contrary. Record ticket sales, product in the stores, concession sales are solid, the new credit card. These are all positive things that move AMC out of debt and on the way to profitability. Remember AA once said, the best way to get shorts off your back is to make your company stronger. Be proud of what we’re accomplishing. This has gone from a quick short squeeze for some, to a battle not unlike David and Goliath. I would like to think that our efforts have exposed the corruption plaguing American businesses but only time will tell if it’ll make an impact. In the mean time we are helping to save a company that has been around for over 100 years, but not only that, we are helping to save jobs. Think about the farmer who grows the corn for the popcorn, or the high school kid who wants to save up for his first car. In a world with so much negativity take a moment and pat yourself on the back for doing something good.
Ortex Guy here with your 04/24 Closing Bell Ortex Update (AMC+APE).SI,SoL, DTC staying high on AMC, CTB bullish. Utiliz. at 100% and Threshold… Closed T$6.53,W$6.63,T$6.47,F$6.54,Today$6.48…Current Mood: we get to buy at a discount that hedgie has to sponsor. What’s wrong with that?! Finally live next to an AMC theater and planning on watching every film they offer! AMC 4Life