Movies

AMC's CEO open letter to shareholders. In regards to the recent opinion issued in Chancery on Friday. notfabio Jul 23, 13:58

Basically, no way for AMC to avoid bankruptcy unless they can issue stock and the strikes are nearly as major an issue as COVID. {nm} notfabio Jul 23, 14:00

Lol, reverse stock split, new Cusip #, destroy the shorts, MOASS! {nm} Baron_Darcon2023 Jul 23, 15:33

Maybe getting proped up by douchebag reddit investors was bad?? {nm} Moviesnob Jul 23, 16:25

Would AMC Theaters have been able to come back to business otherwise? Jay_Beezy Jul 23, 16:32

It would have been more advantageous to declare bankruptcy in 2020 {nm} Moviesnob Jul 23, 16:43

Chapter 11 isn't the end of the world. Alamo got better terms in 2020 than regal got now {nm} Moviesnob Jul 23, 16:45

Not for the execs they got hundreds of thousands in bonuses for AMC stock going over 15.00 in January 2021 notfabio Jul 23, 16:56

(Aron also getting about 5x what Cinemarks CEO gets paid yearly) {nm} notfabio Jul 23, 17:00

Oh yeah they got paid for pushing off the inevitable {nm} Moviesnob Jul 23, 17:09

Those redditors have uncovered massive frauds underpinning WallSt, hf, banking, unfortunately DOJ,SEC,FINRA etc are corrupt too. Baron_Darcon2023 Jul 23, 17:44

That's a funny joke {nm} ndmaster Jul 23, 17:57

Disaffected is no way to go through life (unless you’re a masochistic misfit) {nm} SenJohnBlutarsky Jul 23, 18:58

It's not gonna get saved by Barbenheimer? TheWeekendWarrior Jul 23, 16:42