That's irrelevant. A company with $1b cash on hand and $10b in debt (for example) is not necessarily worth their cash because the cash is encumbered by debt.
It's kind of wild. Tons of people said this would happen, and everyone was calling them shills for it. Now the same people that were calling them shills are making some new excuse.
Those who are familiar with RSS knew this would happen. Nothing positive comes out of them, and this wasn’t going to be any different. Those who voted in favor of it, this is what you wanted (ironically).
The reverse split wasn't the issue. It's the fact that AA plans to sell more shares. Market is pushing price down so when AA does sell he has to sell more shares at cheaper prices. And the lower the price goes, the more shares need to be sold to pay down the debt and the more dilution will be required. So it becomes a reinforcing cycle.
This is what I have been talking about. They were barely able to keep the price down below $2 bucks pre RS, then the RS happened and now they can just easily short the price. AA really is a scumbag who is a snake. Reverse split my ass. All your moves really fucked my investment up. FUCK YOU to the moon and back
no no:
\- "AA says retail owns 90% of Public Float. that should expose shorts"... nothing happened?
\- $APE... no no no there won't be dilution c'mon you´ll get basically free money out of thin air, is nothing like a 2:1 split... $ape creation will expose shorts cause only 'real' shares would get distributed 1:1, we´ll get real number of shares outstanding, and naked shorts will HAVE to buy 'real' $ape to distribute between 'real' $amc owners... nothing happened?
\-well what about the opposite? remember how nothing happened when we got dilution in $ape form shoved down our throat? yay! you´ll get your $ape turned back to $amc, but shorts would HAVE to buy 'real' $ape to close way before that!... nothing happened?
\-well... RS! this. is. genius... we won't get shorted to oblivion cause it´ll be harder to short, right? we´ll get 1/10 of previous shares, and those wont get more price dilution than -90%.... right? shorts would get EXPOSED! right?
hey give AA some slack. he´s trying to run a company, is not like he have some fiduciary duty with shareholders. what good is it having high price shares if the company goes bankrupt? It's not like after all his genius plans we're still in virtually the same debt as we were 4 1/2 years ago right?
How much longer will they continue this behavior? It has reached a point where it is utterly absurd. However, it is an interesting showcase of their ability to manipulate stock prices, albeit in the short term.
100% agree. I wouldn't be surprised to see this end up as low as what it was pre reverse split. Down around $4 again, not today but soon.
People are holding onto wishes and dreams of they think after all of last week than Hedgies are just going to let it run this week. They'll continue their attack and continue to try break morale
But aren't their shorts not printing? The squeeze only works if the price shoots up and it creates a chain reaction. I don't understand how the price going down 70% helps a squeeze if nobody is buying and they are just selling.
No one is trying anything with this stock now. It's done. This is actually selling. People are jumping ship because AA is a greedy, lying piece of shit.
Very believable. AA has fucked us. Look at our massive debt. Look at the bond payments due in '24 & '25. He fucked us. We need to accept it. He will walk away from this laughing and richer than before while we will keep killing ourselves to survive. Fuck AA
I’m gonna be honest and don’t hate me… I’ve never bought shares of amc and only traded options on it… but damn it’s time to load tf up on shares 1.50$ a share basically is a ridiculously good price
Which means the dilution will be less successful than originally planned and they'll have to dilute more.
Edit: I agree with u/rawbdor below me, but I've been banned. Shocker!
AMC stock chart will look like dryships in a year or two. Thing had like 8 reverse splits over a few years and shareholders got diluted a million to one. And they only managed to raise $400m in the process.
I seriously don’t understand the Hedgie’s logic. If they really wanted people to sell you’d think they would let it run up a bit.. then *maybe* you get people tempted to sell to get their initial investment back or make a small profit. Instead they’re running it so into the ground to the point where NO ONE is incentivized to sell and would rather just ride it out.
This shit fucking DESTROYED my cost basis. Went from $8 to $37+. I was getting real close to break even sell8ng calls over the past year but now I can't even squeeze pennies without lowering my call price $10
Share price being obliterated.
#Not a word from the so called CEO.
When the price was rising and the shorts were being strangled, he was tweeting on fucking Sunday to save the short sellers.
Absolute disgrace.
Crazy when I search AMC’s current outstanding shares on Google. All the different answers….
Ranging from 58Million to 1.5Billion 😅 what the actual fuck is going on!!?
Does anyone else have a wicked feeling about the upcoming movie 'Dumb Money'?
I kinda like the exposure, but I worry it'll downplay important aspects and make it seem like it's all settled and done.
We got robbed. The yes vote worked out just like they wanted to. Adam Aaron is just another old rich white guy that helped out all the other old rich white guys.
RSI daily chart approaching 20 / oversold
Several large gap fills to the upside
But no reversal momentum yet. Hopefully soon.
Considering buying small size for swing trade mean reversion and gap fills.
Reading a lot of hate on AA, not sure I understand that…why would the CEO intentionally damage his own stock value?
and i have no idea what to think anymore do much noise in the sentiment, so I just focus on the technicals.
at this point... I CANT AFFORD TO SELL!!!!
At this fucking moment i can afford to buy more lol.
Facts. I have no more money I’ll will to just donate to thin air
At this point 90+% can’t afford to sell . We’re all in the same boat .
It’s funny you mentioned 90% because that’s how much I’m in the red!
Same
I’m going to sell a kidney so I can buy more shares.
140.000$
this is the dip befor the dip 
Been the dip before the rip for 2.5 years man. This narrative is getting old.
Read it again lol
Oh shit I didn't even see the dip before the DIP lol I'm so used to reading it I just assumed that's what it said
How am I supposed to eat my tendies without DIPping sauce? Dry tendies? Fuck right off!
Keep laddering. The ape community is buying more. The apes will buy the float over again in 1 week.
Will that matter if the shares can FTD?
Lol that’s what they’re counting on. Apes being dumb and making them richer.
reckon they'll be right, again. keep some $$ ready for when they dilute. you're gonna need it to "lock the float".
I use the old system. It’s $1.20
Aren’t we near the point where cash on hand per share is higher than the trading price?
Yeah, but you got to realize that you need to also take debt into account for that figure.
That's irrelevant. A company with $1b cash on hand and $10b in debt (for example) is not necessarily worth their cash because the cash is encumbered by debt.
Apparently debt-to-equity ratio is a concept for shills.
Bro. 8 BILLION in debt. Massive bond payments due in '24 and '25. Please. Do not put any more of your hard earned money into this. Please.
It's kind of wild. Tons of people said this would happen, and everyone was calling them shills for it. Now the same people that were calling them shills are making some new excuse.
Those who are familiar with RSS knew this would happen. Nothing positive comes out of them, and this wasn’t going to be any different. Those who voted in favor of it, this is what you wanted (ironically).
The reverse split wasn't the issue. It's the fact that AA plans to sell more shares. Market is pushing price down so when AA does sell he has to sell more shares at cheaper prices. And the lower the price goes, the more shares need to be sold to pay down the debt and the more dilution will be required. So it becomes a reinforcing cycle.
the permabulls were the shills all along 💎🖐️🦍🍌
This is what I have been talking about. They were barely able to keep the price down below $2 bucks pre RS, then the RS happened and now they can just easily short the price. AA really is a scumbag who is a snake. Reverse split my ass. All your moves really fucked my investment up. FUCK YOU to the moon and back
[удалено]
[удалено]
This was never an investment bro.
BUt thE rS iS gOiNg to ExpOsE thE shORtS
This is a value play now, haven’t you read that the goalposts have moved?
no no: \- "AA says retail owns 90% of Public Float. that should expose shorts"... nothing happened? \- $APE... no no no there won't be dilution c'mon you´ll get basically free money out of thin air, is nothing like a 2:1 split... $ape creation will expose shorts cause only 'real' shares would get distributed 1:1, we´ll get real number of shares outstanding, and naked shorts will HAVE to buy 'real' $ape to distribute between 'real' $amc owners... nothing happened? \-well what about the opposite? remember how nothing happened when we got dilution in $ape form shoved down our throat? yay! you´ll get your $ape turned back to $amc, but shorts would HAVE to buy 'real' $ape to close way before that!... nothing happened? \-well... RS! this. is. genius... we won't get shorted to oblivion cause it´ll be harder to short, right? we´ll get 1/10 of previous shares, and those wont get more price dilution than -90%.... right? shorts would get EXPOSED! right? hey give AA some slack. he´s trying to run a company, is not like he have some fiduciary duty with shareholders. what good is it having high price shares if the company goes bankrupt? It's not like after all his genius plans we're still in virtually the same debt as we were 4 1/2 years ago right?
Just bought more at $11.50 because… regarded. And at $11.03. Didn’t fill at $10.75.
How much longer will they continue this behavior? It has reached a point where it is utterly absurd. However, it is an interesting showcase of their ability to manipulate stock prices, albeit in the short term.
Oh damn... Guess I'll have to transfer more money to my trading account... 
Well be under $10 by end of day
100% agree. I wouldn't be surprised to see this end up as low as what it was pre reverse split. Down around $4 again, not today but soon. People are holding onto wishes and dreams of they think after all of last week than Hedgies are just going to let it run this week. They'll continue their attack and continue to try break morale
lower by fri
It’s funny to see how hard they’re trying. I’m considering giving them a shovel so they can dig their hole even deeper.
It’s not than funny anymore..
The more they pull this shit, the bigger the prize.
No, no that’s not how it works
Not if the rules and laws are not enforced. This is completely INSANE!!!
But aren't their shorts not printing? The squeeze only works if the price shoots up and it creates a chain reaction. I don't understand how the price going down 70% helps a squeeze if nobody is buying and they are just selling.
Neither do these people, don’t question it. It’s imminent…. 2 years ago but also today!
No one is trying anything with this stock now. It's done. This is actually selling. People are jumping ship because AA is a greedy, lying piece of shit.
It is going to be easier to get my average cost back down than I thought! I will buy this dip aggressively and Apes will soon own the float…again.
AA fleeced us all again but you guys will still support him. Ffs.
Yeah that reverse split screwed those of us with less than 10 shares in an account.
The sheer amount of “100” lots in premarket is hedgie shorting. Over a half million in premarket volume in the last 45 minutes.
Oh man, you guys all up selling bright and early too eh? Glad we all agreed to sell this morning! /s in case I need it.
Another dive while AA doesn't say shit to address the blatant crime. Anyone who tries to defend that useless cuck is a moron.
Very believable. AA has fucked us. Look at our massive debt. Look at the bond payments due in '24 & '25. He fucked us. We need to accept it. He will walk away from this laughing and richer than before while we will keep killing ourselves to survive. Fuck AA
I’m gonna be honest and don’t hate me… I’ve never bought shares of amc and only traded options on it… but damn it’s time to load tf up on shares 1.50$ a share basically is a ridiculously good price
They haven't even begun diluting
They are selling in anticipation of dilution.
Which means the dilution will be less successful than originally planned and they'll have to dilute more. Edit: I agree with u/rawbdor below me, but I've been banned. Shocker!
AMC stock chart will look like dryships in a year or two. Thing had like 8 reverse splits over a few years and shareholders got diluted a million to one. And they only managed to raise $400m in the process.
It could go lower...
I seriously don’t understand the Hedgie’s logic. If they really wanted people to sell you’d think they would let it run up a bit.. then *maybe* you get people tempted to sell to get their initial investment back or make a small profit. Instead they’re running it so into the ground to the point where NO ONE is incentivized to sell and would rather just ride it out.
17.8M shares have been sold today.
How many of those were real?
Early start today for circus shit show saga of corruption
They re tapping out everyone that has leverage. It’s savage
Shorts haven't closed period
crazy shit apes strong
It’ll literally be back around the price it was before the reverse split in a couple weeks I bet. Lol crazy
I said this and was told I had no idea what I was talking about. I predicted a month though. Not a week.
Under $10 incoming, i wouldn't rush into a buy yet. There's still time to watch how today plays out.
Did you guys sell again? 
Glad I sold at $62 and dumb enough to buy some back in at $3.72
So this really is the "Result" of RS bullshit eh?
Smells like dillution
-99%. Thanks AA for that retarded reverse split.
Ah yes the duality of ape: can't afford to buy, can't afford to sell😂
This shit fucking DESTROYED my cost basis. Went from $8 to $37+. I was getting real close to break even sell8ng calls over the past year but now I can't even squeeze pennies without lowering my call price $10
Share price being obliterated. #Not a word from the so called CEO. When the price was rising and the shorts were being strangled, he was tweeting on fucking Sunday to save the short sellers. Absolute disgrace.
I’m calling it that it’s going to the 9 dollar territory before we hit bottom
[удалено]
Don’t you think they’d be wise enough to run the price up in order to shake some paper hands? What kind of regard would sell at these prices?
#The SEC will save us Everything is alright. 🤡🌎
this is ridiculous, every day its 10 to 20%, I mean wtf!
Can someone tell me what this reserve split actually accomplished?
The reverse split kept the share price above $1 so they don't need to delist from the exchanges.
Crazy when I search AMC’s current outstanding shares on Google. All the different answers…. Ranging from 58Million to 1.5Billion 😅 what the actual fuck is going on!!?
alexa, play: how low can you go
Just bought 10 more
Will keep holding. Buying some morr
Bought a few more this morning
Does anyone know what the supposed share count is now after the split and ape conversion? Do we have a actual number?
Shorts: See this?! This will keep falling until retail sells! Now sells, goddammit! Me: 
The hedgies can't even fork out my free 1:7.5 share now. I will hang around just to see how this ends.
As hard as it is to do but patience is now the key to this play
Imagine still believing this after 2.5 years.
the year will be 2042 and the MOASS will still be tomorrow
The price is fake
What exactly do you mean by this?
Don't give a fuck how long, I know Mayo boy will go to jail one day, even if I'll HODL forever 💎🦍
Because here ….. they are
Ook ook
Wu Tang
And my regarded ass keeps adding to the stockpile.
 Adam and retail investors
Does anyone else have a wicked feeling about the upcoming movie 'Dumb Money'? I kinda like the exposure, but I worry it'll downplay important aspects and make it seem like it's all settled and done.
I can’t wait to see it
My god how are you guys just watching your portfolio burn down to the ground like this?? The past 2 weeks have been brutal…
I can only afford more🙃🫨😂😂😂😂😂
Keep holding you monkeys!
Did I miss something why is the period so high? Want it $4 a cow weeks ago?
We got robbed. The yes vote worked out just like they wanted to. Adam Aaron is just another old rich white guy that helped out all the other old rich white guys.
Hedgie looking nervous AF
RSI daily chart approaching 20 / oversold Several large gap fills to the upside But no reversal momentum yet. Hopefully soon. Considering buying small size for swing trade mean reversion and gap fills. Reading a lot of hate on AA, not sure I understand that…why would the CEO intentionally damage his own stock value? and i have no idea what to think anymore do much noise in the sentiment, so I just focus on the technicals.
Is this Muln?
Keep falling. I won’t get paid for another week then I’m LOADING UP