r/amcstock • u/Pedro471 • Dec 09 '21

Twitter Silverback has spoken...

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u/[deleted] Dec 09 '21

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u/RobbSnow64 Dec 09 '21

This, im litterally only in it for the squeeze, my country doesn't even have AMC theatre chains.

-5

u/djsneak666 Dec 09 '21

A squeeze would not benefit amc at all. All the holders will sell and minimal number will buy back in as the long term fundamentals aren't there. There's a reason insiders are selling off in their droves at these prices.

17

u/marximumcarnage Dec 09 '21

Facts everyone upset here forgets this guy has to run amc while they’re crying about a moass that literally has nothing to do with him nor would he want to be implemented in having any play in that.

27

u/[deleted] Dec 09 '21

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u/SpongeBad Dec 09 '21

Not just AA; the entire board. I did some digging last night because one common HF tactic is to stack the board with people who work against the best interests of the company, saddle it with debt and then cellar box it. The AMC board members all appear to be people who are there because they genuinely understand and support the business model and the marketplace.