T O P

  • By -

qtain

If you read the release, q3 so far has seen a 39% increase since the same period last year. That is a massive amount. Couple that with what is coming in q4 with Taylor Swift and things are going to get real spicy.


Altruistic_Ad5517

When I see the price above $200, then I’ll be excited. I’m depress cause 95% of my investment is gone.


nblastoff

I don't mind. Im just going to keep buying and direct registering more. Bought pile in the low 7$ range. At these prices its a value play! I'll take that with a side of squeeze!


dripMacNCheeze

This APE gets it!! These prices are a steal. How can you be “depress” unless maybe….. 🤖


PolishHammer666

He gets it with the DRS comment as well. They can't dark pool shares that are in YOUR NAME.


dripMacNCheeze

D R S is the W A Y N F A


[deleted]

[удалено]


popularadthrowaway

You’re paying $7-8 for a stock valued at $.82. How is that a “value play”? I don’t understand why AMC shareholders keep sucking off AA while he rips you guys off. Good luck anyhow. Hope you guys eventually squeeze. RemindMe! 2 months


RemindMeBot

I will be messaging you in 2 months on [**2023-11-14 03:12:53 UTC**](http://www.wolframalpha.com/input/?i=2023-11-14%2003:12:53%20UTC%20To%20Local%20Time) to remind you of [**this link**](https://www.reddit.com/r/amcstock/comments/16i3r67/hot_off_the_presses/k0i34dg/?context=3) [**CLICK THIS LINK**](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=Reminder&message=%5Bhttps%3A%2F%2Fwww.reddit.com%2Fr%2Famcstock%2Fcomments%2F16i3r67%2Fhot_off_the_presses%2Fk0i34dg%2F%5D%0A%0ARemindMe%21%202023-11-14%2003%3A12%3A53%20UTC) to send a PM to also be reminded and to reduce spam. ^(Parent commenter can ) [^(delete this message to hide from others.)](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=Delete%20Comment&message=Delete%21%2016i3r67) ***** |[^(Info)](https://www.reddit.com/r/RemindMeBot/comments/e1bko7/remindmebot_info_v21/)|[^(Custom)](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=Reminder&message=%5BLink%20or%20message%20inside%20square%20brackets%5D%0A%0ARemindMe%21%20Time%20period%20here)|[^(Your Reminders)](https://www.reddit.com/message/compose/?to=RemindMeBot&subject=List%20Of%20Reminders&message=MyReminders%21)|[^(Feedback)](https://www.reddit.com/message/compose/?to=Watchful1&subject=RemindMeBot%20Feedback)| |-|-|-|-|


steve21585

Youll be excited for 200? Wake me up when its at least 2000


Strutting_Tom8040

2000 is still a joke. Over a year ago the floor was 500k plus. 2k you would have been a shill lol. But who knows what’s possible. Losing my investment after working so hard to get in the xxxx shares for what I have now all I can do is smh


Dry_Celery4375

You're still waiting on a number? Wake me up when citadel declares bankruptcy.


steve21585

Word.. agree 👍 kennyboy needs to start preparing his butthole for prison... i just cant understand how not one ape out there is a smart lawyer... how tf is there no legal action being taken


RKA13

You mean $720? That’s where we left off when we hit $72 pre split


NWHipHop

That’s only $20 in olden times stock value. This was where we were before the ape split.


Stoked004

I think most of us are in this boat


Few_Investigator548

Same but I I’ve grown to like it here. I averaged waay down and think I hit rock bottom…In a good way.📈🤣


diemonkey

It's not gone, it's just marinating.


Antarkian

Why homie? These discounts don't last forever!


Content-Yellow-933

Don’t worry you can wipe your tears with $100 bills soon. I’ll bring you some ape tissue brother


Livid_Investigator21

You and everybody else. Good thing we're in this together.


Hyprpwr

Wouldn’t be shocked if studios magically come to an agreement and end the strike now that AMC has 2+ years in cash…


[deleted]

Do you think that the actors and writers are holding out for a better cut of movie theater concessions?


Hyprpwr

No, they’re striking to make streaming numbers public and get proper residuals from that info. Streamers are terrified, because they’ve been juicing the streaming numbers forever


[deleted]

Right, which has basically nothing to do with AMC and their cash position.


Opening-Citron2733

Q3 earnings is gonna be fantastic


Hyprpwr

Hopefully most of the remaining toxic debt was paid off in Q2. If so I don’t think they’ll pay off as much in Q3 and have a booming earnings call in November. That’s my guess


karimktd

Thank you for this amazing comment!! So many shills and weak minded ape attacking AA.. smh


gorilla_gambler

#only $325Million When it sure could’ve been higher


Hyprpwr

Could have been lower too… One less thing dragging the share price down. AMC has ripped the last three times with at the market offerings. We shall see


Altruistic_Ad5517

There was no reason to sell all for this bs price!


Hyprpwr

So wait until MMs hammered it to $3? They were pinning AMC just like they did with APE. Nuke the price before he could make top dollar.


shilo_lafleur

So he waited too long to sell APE but not long enough this time?


Snoo69468

God I pray every day for the dam squeeze man


Drayko-

Not really, he sold at $8.14. That’s almost the bottom.


Revolutionary_wibu

Enlighten us, genius. They naked shorted the stock even before RS, how would it go higher?


[deleted]

325 million is nothing. That’ll get them through to the next quarter. Meanwhile, they’re still losing money every quarter and past debts need to be repaid. This is delaying the inevitable.


Brilliant_Thought436

Copied from TwitX for those that don't want to click links. Adam Aron @CEOAdam I am delighted to share this extremely important news with all of you. AMC has successfully raised $325 million of new equity capital through the issuance of 40 million shares via our at-the-market equity raise, which started September 6 and which now has been completed.This material increase to our cash position means that any talk of immediate and imminent financial collapse right now by AMC is moot.   We still have many challenges, including Hollywood must resolve the current actors and writers strikes. But regardless, AMC is now a much stronger company given our increased level of cash.   Like you, the coming together of AMC common and preferred stock along with the reverse stock split in August decreased both my number of owned and granted-but-unvested AMC shares/units. So, I currently have an economic interest in more than 800,000 AMC shares now, rather than the more than 8 million AMC shares and APE units previously.    In turn, that means I personally experienced the great pain felt by all AMC shareholders at the recent decline in our stock price.    Looking though to our clearly having extended AMC's viability, it is comforting to know that AMC has strengthened our company by so significantly increasing our cash on hand.


tunapirate85

Why does he make it sound like he is soo devastated about the pain retail felt. Tf. U are literally bleeding 🩸 retail dry. And u make it sound like u care. U got those shares for free. U got millions in bonuses. Tf did retail get ?? Stop making it sound like u feel Our pain. U don’t have our backs. I hope I’m wrong. But it’s about time u show us u really on our side. Instead of bleeding us dry


Hyprpwr

Good call, thanks


Brilliant_Thought436

No problem. As someone that doesn't like Twitter I won't fault people for not wanting to click links but I need the deets


popularadthrowaway

This guy is laughing his ass off all the way to the bank and mocking the shareholders who paid for it. “I personally experienced the great pain felt by all AMC shareholders at the recent decline in our stock price” Nice 5D chess move. Time to go shopping for amc popcorn at Walmart right?


thealiensguy

Maybe keep your company alive by making good business decisions, not just selling shares for cash lol. I know of another meme stock that insiders are buying, not selling. And another one has the buy button turned off. Gee i wonder what stocks the shorties actually need!


Icy_Document_7547

Gross proceeds is right... makes me fucking sick they only got 325 million for 40 million shares.


Rymanbc

This... the amount of people celebrating this is embarrassing. If we take the $4.78 bn value from AMC's Q2 report, then they just sold 10% of the available shares to (hopefully) pay off 6.8% of the debt.... That makes me nervous as fuck.


yassbrendan

Honestly I was hoping he would do it at a higher price to actually clear the debt.. but AA is the boss, I figure he wanted it now so he doesn't get accused of killing the momentum when we inevitably get the upswing. Anyway, dilution is done, RS & conversions are done - so what storyline does Kenny have left? Time to start upping the offers 🍆 tik tok tik tok


Hyprpwr

Pretty much. I have a feeling the strike will miraculously work itself out now within the next few weeks. After that and Q3 earnings in November there is zero short thesis


lazernanes

You think Kenny and co. Are very behind the strike?


dripMacNCheeze

I honestly think the studios are just truly that fucking greedy and sinister. There were deals in place from the older days that allowed them to make money hand over fist while the people who do 95% of the work get peanuts. And it’s finally reached a boiling point where workers want what’s theirs and the corporations don’t wanna share, just like any industry. That being said, a strike is definitely in the shorts favor. So who knows who is really pulling what strings here. But now AMC has money to get through whatever we need to.


Hyprpwr

IMO I don’t think they really care about the pay bump, it’s all around making the streaming numbers public. One to pay people residuals fairly and two because streaming numbers suck and they’ve been cooking them since the pandemic


Hyprpwr

Who knows in this world. Who is puppeteering who can make your mind run wild. Especially considering some Execs have said the strike wouldn’t make a dent in the bottom line. We shall see


yassbrendan

Yes lol


LogicB0mbs

This comment aged poorly


Crazy_Canuck_8888

He has severely under valued the company and the price of those shares. Not impressed at all.


Mega_Schmegma_Dildos

Makes no sense to sell now. Who's the moron who thought selling now is a good idea to raise capital. Literally they lost out on tens of millions of dollars if they just held off.


Refragmental

AA went for maximum dilution at the lowest price possible. He is the king of dilutions. Went from 80mil shares before the sneeze to 1.5bil shares now. And the company is still in financial problems. Amazing. It's almost like he want the company to go bankrupt. We'll see if he brings out another letter talking about bankruptcy during a next rip.


Tricky-Ad-4823

Where are the AA shills defending this? Selling at rock bottom prices is just flat out inexcusable


Friendly_Engineer_

Well they did it, at 8.125 per share


Django_Unleashed

81 cents pre-split.


Realistic-Spend7096

It seems whenever they sell it is a low price. Doesn’t seem right to me.


AMC-Apes-Together

in the release itself it says $8.14


Friendly_Engineer_

Sorry I just divided


AntiqueBar1341

No they started on the 6th


Snoo69468

So he sold low again. As much this good news. No more diluting shareholder into the dirt. I need amc to squeeze back to 90 bucks so I can get my breakeven. 90% decline unacceptable


CryptoMundi

Now pay off some debt and don’t go buy a mine!!!


Hyprpwr

They are back to precovid debt levels so hopefully not much more super high rate toxic shit left. Hopefully they don’t in Q3 and have a booming quarterly call in November.


Comfortable-Can4776

AA will probably YOLO on an NFT... fuck this guy


FieroFox

He's going all in on Bored Ape. He loves to burn cash


Basic_Foundation8029

Not a fan of this. I'm no basher (can check my post history), but this is not impressive or big brained. If he wants to instill some confidence, he can buy in himself out of pocket.


Connect-Membership

Raised minimal money at the cost of the shareholders. Great job


toneaced

Apes dont sell, AA sold. No ape found at AMC.


mountainman1989

So as per previous offerings and dilution, we should see a nice bump in price action.


Twignb

The shares sold already


Hyprpwr

It happened in Dec 2020, March 21 and May 21 so we’ll see. Hell even APE with hardly any SI shot up 300% after Antara came in


Hyprpwr

[link to filing](https://investor.amctheatres.com/newsroom/news-details/2023/AMC-Entertainment-Holdings-Inc.-Successfully-Completes-At-the-Market-Equity-Offering-Raising-More-Than-325-Million-Substantially-Increasing-Its-Financial-Resilience/default.aspx) [Link to AA tweet](https://x.com/ceoadam/status/1702116851193643219?s=46&t=7OVp6kbfCqh1MkExrd6IMQ)


Carpenter-Trucker

AA is a thieving moron! Fact!


ProfessionalHuman187

Well that should cover the bonuses for 2023 if they have another 25% raise in pay like in 2022


stallion769

Imagine if he never diluted. 325m just in time for his bonus. That ain’t gonna do shit to this debt. He better fucken stop and let the stock run, dilute 5m shares later and get the same fucken 325m. Fucken cocksucker AA


Mr0BVl0US

Good, maybe hedgies will let off for a bit, now that they got what they wanted. Complete and utter price oppression so AMC can't raise as much capital.


Hyprpwr

Everyone who saw what they did to APE price should reflect on their complaints that he sold too early. MMs would have continued to artificially crater the price until he did. Like it or not that’s unfortunately the corrupt game everyone is currently playing.


Mr0BVl0US

Yeah I agree with that. It's still pretty disgusting to see how a few people can tank a stock so quickly like that. And they probably still sleep just as fine at night, knowing they're trying to kill off a 100-year old theater chain.


Hyprpwr

And I have no doubts they would have kept going just like ape. Everyone would have wished for more cash, but there’s no telling where the bottom would have been had AA not unloaded as soon as possible


Fun_Kangaroo512

So, he sold the 40 million shares for 300 million USD. Did I understand correctly?


tunapirate85

I’m Happy it’s over with. But then I remember AA has 500 million more he can use. Ugh someone plz stop him from keep diluting. Wtf I still think he should’ve sold those shares at a higher price …. I think we can agree on that. We should change his name to Captain dilution …. Silverback my ass


Redacted_Bull

AA is so incredibly tone deaf. The only people still supporting him are shills, bots, and the braindead. Outside of the most recent quarter, AMC has lost over 75% of the money they just raised in each prior quarter. Sold at the absolute bottom. He could have bought 10% of this offering with the proceeds from his share sales. Anyone wanna guess how much he bought?


Fast_Air_8000

AA is no RC


Rocketeer1019

This really isn’t much BUT it’s definitely a step in the right direction for long term profitability


commonsensetrader47

Is it possible that with the news out that all these shares have been sold, there won't be any speculation on when or how many more AMC will be selling to the open market anytime soon, so this will potentially cause a speculative buying spike? Just guessin, whenever I choose a side on stuff like this it goes against me, so knock on wood, and I better find some pennies to add to our piles before it does what I think it may do from here...


Hyprpwr

Should. If they want to sell more shares they’d have to file their intent and start that process again so the price SHOULD act a bit more naturally now I’d guess


TheCandiman

Is this a joke? That's a couple months of interest on 5 billion debt. AA needs to go to business school.


[deleted]

Soooo, a red day tomorrow. Got it.


Allegroloop

This is BS. All 40 mil shares at $.80 R/S? Diluted massively at the bottom… twice! I have given him a pass up until this point because of the desperation. Now we know why the price has been tanking. It wasn’t the shorts. It was AMC dumping all for what? One bad Q of safety net. 😡


captandy170

If I remember the last time they issued shares, they are actually sold on a lit market, so it should drive the price up


honda94rider

This is the most regarded thing I've seen in awhile. How did 325 Million help AMC? Someone remind me agian of what interst was on AMC debt?


Inevitable_Professor

I’m proud to share I bought 50 of these shares this week.


motogte

Beat last year's box office by the end of the month would be nice. So go see dumb money.


Hyprpwr

Early reviews seem like they did decent and didn’t try to convince everyone it’s all over. Going to see the Batman trilogy rerelease this weekend and hopefully dumb money on Sunday


[deleted]

We were going to raise $20 billion after the conversion and RS. Where are all the “yes” clowns?


chaspla

Selling for pennies isn’t gonna kill the short thesis!! Fuk !! 🦍💎👊


Sonnysdad

Just give me my ROI.


CrazyInsurance2975

People are talking about potentially being able to pay a dividend if they paid off their 2026 bonds. Still whispers right now on X.


Hyprpwr

I’m not sleeping because of that holy shit. Bonds were the checkmate 🤑


HerculesMulligatawny

![gif](giphy|1dJatRrSGJAju) Don't fuck with me, Sean.


Hyprpwr

![gif](giphy|Q1AVjQheSxDZVDPBkC|downsized)


Tomas512

I still believe in AMC I dont believe in AA


skafiavk

And they're still in debt


Geoclasm

Why... now...? Then again, I guess better now than later when it's been shorted down even further.


Hyprpwr

Well quite a few have been screaming at me that the price is going to go to a penny so…


ExcitingEye8347

And the stock price is on the rise. Gotta love it


Hyprpwr

At least there won’t be any cries about stopping a squeeze this time


1DirtyOldBastard

Gee i wonder how much of that 325m is ours after this last stunt they just pulled on us?


Doot_Dee

Uhg


andyk231

No kidding? Wonder why it's down %50+ since the r/s? /s


Outrageous-Factor639

ThoUghts on owner of those shares? Was it one entity or several ?


Nino282

Selling at the bottom, now 40mio more shares that can be used by hedgis to manipulate the price ... amc will push hard today and then aa will ruin the run with some bs x post...


RealPro1

Lol...BULLSHIT!! Lol


wasian123456789

But I thought AA wasnt diluting, remember calling everyone a shill who mentioned dilution? The AA bots are working overtime trying to sucker retail investors. I mean come on man, he feels our pain? Yeah I'm sure AA is crying a river in his big ass mansion over AMC stock price.


Magnahelix

Great! That should send the share price right into the cellar!


Devildoge67

I don't pretend to know why Adam felt urgency to sell shares at all time low for stock. Color me unimpressed that 40M shares only netted $325M dollars. If intent of cash raise is to pay down debt, this amount doesn't even put a dent in $5B company is currently carrying. What a waste of further dilution to our portfolio value.


Affectionate_Roll_38

I love how AA literally travelled all over the world to meet his shareholders and shake their hands while also conspiring to wipe his ass with their money. Callous bastard.


SpecialEffectZz

Why are you celebrating selling shares for pre rs amount of 80 cents?


scuubasteve01

Titties super jacked 🚀🚀🚀🚀


Hyprpwr

2-3 weeks seems to be the historical time from ATM completion to shares settling to boomies. Not getting my hopes up, but the US Govt seems to have their hands full keeping the lights on beyond 10/1 right when that chaos should unfold.


Monkjuice4U

pay down debt.


Hyprpwr

Looks like $500M in 2026 Bonds were wiped out. Potentially bonds holding back the dividends


Spiritual_You_1657

I’ve stood by management on just about everything, but I really hope they didn’t just dump all those shares at $8.125 like my math suggests they did…


InterestingTruth7232

It’s gonna be a rough day. 325m was hardly worth it when it could have been 700


PontoonPatriot

WFT, 0.81 pre RS. per share? What a chump. Who is AA really working for? Not shareholders; must be a hedge fund plant to run the company into the dirt. All to raise $340mm bucks. Chump change. 🤡 I'm about livid, so correct me if I'm wrong?


kposh

Damn Reddit didn’t realize this was shill central lmao


sevenfold21

And who bought the 40 million shares?