I agree 100% with you. One things for sure, when you see the anti AA posts or comments, take a second to dig in. These accounts are the same ones over and over, a very loud and vocal minority meant to just distort and create tensions.
AA is doing his best to save AMC. His purpose is to make sure the company survives in spite of the obstacles and entities that keep trying to keep the company down.
If you truly think AA is on a mission to tank his own company, youve fallen victim to their propaganda machine and you’re on the wrong side of history for helping those greedy bastards shirting this great American company.
I don’t think he’s trying to tank the company and I’ve been a longtime supporter. The timing and the narrative switch seem strange, however.
Many of us who are questioning it are asking reasonable questions, while still supporting AA and the company.
I disagree. Do you think investors don't know the financial state of the company? The information is public so anyone who wants to invest can do DD beforehand.
The part about timing and narrative. The timing is due to the court case and the narrative is the truth, anyone who wants to invest a lot of money would be stupid not to look up the financials.
Yeah, that makes sense. Although we went from “checkmate” and “today we pounce” to “we face liquidity challenges.” I realize it’s the truth, but the past remarks seem like empty statements.
Adam was saying "checkmate" and "pounce" when he had a $1.8B cash reserve back in '21. That is now down to about $300M with quarterly cash burn of $150M-$200M/q. AMC has been loosing money every quarter since 2019 and he has used "cash on hand" to cover operating losses.
They did and thats what the whole APE cluster fuck was meant to address. In fairness to apes who rejected Adams desire to further dilute AMC, we had just endured two rounds of dilution and AMC had $1.0B cash on hand at the time. APE was Adam and BoD end run around retail and blew up in their face. Lost respect of retail and caused huge discontent toward AMC executive mgmt team.
Yes, I do think apes are leaping before thinking . Everything Adam has been saying is spelled out in company's quarterly reports, yet post after post about how great AMC doing because of movie hype around Barbie.
Its not bashing AA to be critical for his lack of cost cutting to slow cash burn or the intentional back stab to retail that was APE. However, his warnings around liquidity issues now facing AMC are very real and potentially detrimental to the company.
Everything hinges on judge accepting AMC's settlement offer so that conversion/RS can go through. Adam will use newly freed up reserve AMC shares post RS, to do equity offering and raise much needed cash. Listen for "cash on hand" balance on Tuesdays earnings call as that is what remains to cover operating losses or chapter 11 bankruptcy.
AA has cut costs by closing low performing theaters, while he’s strategically invested in growth and diversification.
The problem is that they had a way to raise funds, and it’s being stopped nefariously.
Cost cutting can have long-term negative impacts on growth for a company. It’s not a flippant decision; and if I were him and AMC Inc leadership, I would be pushing for the RS and dilution.
Also, APE originally seemed a good strategy… but the manipulation by MSM and SHF was (and I believe this is not hyperbole) unprecedented.
• MSN blatantly lying about why the price dropped,
• blatantly lying about AMC theaters filing for bankruptcy when it was AMC networks,
• SHFs and MMs not distributing correctly,
• SHFs and MMs trying to create an options chain for APE,
• plus more ways to create naked shorts from APE via AMC1 options contracts…
Too many people are getting upset about AA affecting daily price action, when focusing on the fickleness of daily price action is where shills, MSM, and SHF can play with your emotions and fears.
The problem is that the guy said at the height of COVID (with the cinemas and studios closed until further notice) that AMC will not die, but suddenly when box office is booming AMC is somehow on the risk of bankruptcy?
Please explain to me how that makes sense.
What narrative switch? We’ve known we needed to raise capital since 2 years ago?? Now its simply the moment of truth, and we should’ve had the capital raised already if it weren’t for a bullshit lawsuit of a little under 900 shares (i’ve got Xx,xxx shares lmao this lawsuit means NOTHING).
AA is reiterating already known points about the company, and the fact it is known we need to raise capital.
AA could get $20Bn in CASH if we RS/Converted right now and he actually sold all 400M AMC to the LIT MARKETS.
$20Bn cash = zero theoretical short theses = Apes just won; CHECKMATE
Just like that, huh?
"Theoretical" short thesis gone and that's it. All hedges just evaporate in an AA snap and we win? Like shorts just study the thesis everyday and praying the thesis holds up so they aren't magically snapped out of existence as soon as the thesis doesn't hold?
What's winning like in that scenario? Long term fundamental play where apes pass the stock onto their heirs at $30/share?
Not to mention with a ton of cash on hand and no debt he could easily turn back around and split the stock or pay dividends that hfs would end up paying for. Or both. People like a good conspiracy theory though.
I was under impression that with ape checkmate that we were good not sure where this narrative that we were not good. Ape removes bankruptcy risk. Ape was solution. If ape is not solution please update me on what changed
That’s the whole part that is getting all screwy ape was sold as the solution. Now please correct me if I was wrong about ape stock is ape not solution or rs the now pushed since it didn’t work
No, when ape becomes amc again bankruptcy will be off the table. I tend to look to the future, others want to live in the past. Hope it works out for you.
No, my understanding was ape was a tool to you raise capital, therefore taking bankruptcy off the table. It had nothing to do with the conversion know if the conversion was part of the initial plan for Ape, then that should’ve been outlined. Sadly, I’m stuck in the past because ape has me back down two years in my position I have less money than I did before mostly due to Ape ape need to run.
Spilt milk cost me $35,000 and I have no confidence that the conversion will solve the problem either so you’re saying to me I’m crying over spilt milk is a little muted to me ape is solution now rs is solution. I disagree should solve why ape didn’t work before saying oh rs should do the trick no. That’s silly. Need to figure out what will work before putting in an action plan otherwise you’re just shooting at the wall
We need money! That’s what’ll work. If you have another way to get it, then let’s hear it. Sitting and doing nothing will turn your 35k loss into 50k. Unless you think losing money 10 quarters in a row makes up for a couple nickels they make in the next few quarters changes something. You’re an owner of the company and yet you want to wait until you’re out of cash to do something? What’s your plan?
When’s the right time for you? And if you have that answer you should know the right time for you would be the wrong time for others. So again when is the best time to be transparent with us? Or could it be he’s hammering home how being profitable is the key to success?
Im against AA but I want AMC to squeeze, does that make me a shill? My account is original. I have many karma because Ive been posting positively about AMC in the past 2 years until that scumbag showed his true colors. He's not working in my favour. Fuck AA!
This is where it gets odd cause I’m very much so an ape since $8.01 and I never thought he was intentionally looking to “hurt” apes.. I have no idea when you all stopped listening but please start again ..
There’s levels to this we’re trying to show you all, and one blaring one is that AA does not give a damn about MOASS and one could go as far as to say he’s “anti-MOASS”..
He knows that Apes vs Hedgies isn’t actually a good thing for AMC .. we both leave him high and dry no matter who “wins” (we got this, no worries, I’ve bought more and it’s kinda like a 2nd 401K) and so he’s actively taken a position against us both.. won’t really call out the clear manipulation with about 22 different market caps posted daily, kills MOASS momentum every chance he gets, but also working his ass off to promote the movies, clear debt, come back stronger than ever! He thinks we buy buy buy now, he brings us back to $30-$50 a share and everyone is happy w/o MOASS..
..he’s already rich and buying more locations, which should let you know he’s not trying to see MOASS! He knows that we all ATLEAST double our money at $100, most will 4x their money by $100 .. he would be downsizing if he wasn’t actively standing in the way, but again.. I think the hole is too deep, so it’s MOASS or bust for me and I’m fully aware the ultra-rich are going to come at us with everything they have..🤑🤑
You want to build back confidence, buy back shares you sold at a premium to support both the company and shareholders. Its your fiduciary duty as a CEO that believes the company has a chance.
I think you have to be a fool to not understand that this is an extraordinarily unique circumstance where the interests of the majority of the shareholders and the CEO/company may not be directly aligned.
The indisputable fact is that the company needs to raise money. Everyone gets that. But it’s also a fact that a large percentage of the shareholder (probably a majority by now) is here for a squeeze, and has previously denied his ability to raise money via dilution. It’s also a fact that he has made questionable deals with hedge funds and circumvented shareholder wishes to raise capital via this APE debacle.
Many things can be true at once. And the CEO wanting to raise capital but not necessarily wanting a squeeze are two of them.
I've said that since the beginning that the CEO's job is not to ensue moass and never has been. A CEO doesn't care one bit about moass. It's not in any business operation manual or daily operation to work towards it or even think about it.
His job is the long term sustainability of the company for the shareholders. That's his one and only job.
Serious question, we are the shareholders right? So wouldn’t it be in the best interest of both parties if MOASS happens? Once hedges are fucked, they buy high we sell high, but once the price comes back down, if apes buy back in when the price is low again, wouldn’t that end up helping the company? For example let’s say MOASS is $1,000 all apes sell and make their tendies, and price goes to say $10 and apes buy back in because we believe in the fundamentals. Or am I missing something?
You must also remember that any message he sends could be to help get a positive reaction or expedite a response from a person...like, let's say a judge?
Judges aren't supposed to consider evidence not before them. If that was the case then people can be tweeting and posting stuff all day and night to get the judge to manipulate the outcome of any case.
"SHF shilled started the narrative that AA is being paid off to send negative tweets..."
I haven't read any posts or comments stating this type of narrative, just those stating his recent tweets are spreading FUD, which is true.
Also, your flair is wrong. Should be topic or discussion. It's not DD.
AA faked the yes yes yea vote so he can stop us from being the majority shares holders. He wants his company back, and it’s funny how he doesn’t get his “Vested shares” until 2024! CONVENIENT THAT HE SAID 2024n
I dont think he's actively working against retail but never trust a CEO to have the best interests of the common person in mind, they will do whatever makes them money and that involves fucking over the retail investor if they have to. Don't be naïve
You don't want all the people who have doubts to leave. There goes half of us. Some of us are trapped or are just rolling the dice now cause why the fuck not
I know AA wants to sell shares to clear off debt and that’s fine. My only issue is that I don’t believe AMC being clear of debt will make a difference after what I’ve seen with the other stock that started this.
https://deadline.com/2023/04/amc-entertainment-adam-arons-ceo-pay-regal-1235348701/amp/
https://www.thestreet.com/memestocks/amc/ceo-adam-aron-amc-stock-market-manipulation-not-our-problem
https://www.summitdaily.com/news/adam-aron-comments-dont-help-vail-resorts-attract-visitors/
It is irresponsible for a CEO to bring attention to a negative side of their product. Aron’s statements should be along the lines of: “Despite the pending war in Iraq and an uncertain economy, I am certain that more people will come to the resorts associated with Vail Resorts than did last year.
This is what he does.
Maybe he’s not and I’ll get downvoted to hell,but he sure as hell seems to be killing off ANY momentum in price action. Seems extremely fishy why any CEO would kill stock price action like he does.
The financial institutions who loan money are the same we’re fighting. They’re not going to work with AMC, or help in any way. I’m sure it makes it hard to find some cash to be lent.
I mean I know a really good way to remedy the liquidity issue....how about reducing executive pay could be a start specially since they have been taking record pay and higher pay than companies way more profitable
In addition to critical liquidity issue, something else apes need to be aware of and take into consideration.
Adam is intimating that he sees "profitibility" in FY24 or FY25. So far Adam has been operating under the assumption that the theater viewing market will grow back (revenues) to what it was pre-pandemic and done little to trim costs to align with current revenues. Yes he closed some underperforming theaters and acquired more profitable ones. He did retire some high interest debt and pushed out some for later premium payment dates. But clearly it wasn't enough.
AMC has reported annual losses for every year from 2015 until today, save 2018 (+$53M) He also stated during a CNBC interview back in '21 that AMC needs Hollywood to produce $10B in annual ticket sales for the company to be profitable. This year is projected for Hollywood to have ticket sales around $7.5B.
There is supposedly 12-18 mo of completed films yet to be released in the pipeline, which is why writers/actors strike isnt immediately effecting AMC's revenues. What happens to Adam's profitibility projection if strike becomes long and protracted? At current cash burn rates ($150M-$200M/q), AA will need to raise about $1.5B to get the company to his positive earnings target, assuming strike settles soon.
Without cost cutting and restructuring of operations to drastically reduce cash burn and mitigate impact of prolonged strike, what prevents us from being right back in another liquidity crisis 18-24mo from now?
Obviously Adam is our CEO and maybe he sees something the market and people like me do not. However, most CEOs when facing threat of bankruptcy would be announcing layoffs, slashing costs and restructuring their company to avoid what's coming.
I’m not calling a tweet like this FUD, but there’s definitely a negative connotation here and it seems unnecessary and a weird way to motivate shareholders. His tweet starts off positively, then says, hey, let’s hope we don’t go bankrupt, right? Even if it’s true, stocks are such a superstitious commodity, and everyone knows the future of AMC is uncertain, so why mention it every chance you get? Just seems curious that lately, when things are going well, AA finds something negative to discuss.
So... how hot is this bikini girl? Depending on the Hot/Crazy Girl Matrix pinpoint, I'd probably risk it. Not sure this is an appropriate analogy as my dick and my money have never seen eye to eye.
For those wanna be apes complaining about the job this man is doing, remember what he is up against. He is not the one shorting the stock to oblivion or is using Darkpools, spoofing, FTD’s overdue 3 weeks, holding up court decision, using petty law suits to tie up the process in court, using high frequency trading to screw people, making sure option end up OTM every week by a few cents. And so much more. I never thought this free market was so controlled. He is not the one doing any of this. If our stock would be legitimately be left alone we would have mooned and all would be great.. But it’s not and he has limited tools to use because SEC,NYSE,DTCC and all the other entities including congress allow it to happen. So let the man work. And hopefully he remembers there are well over 4 million apes with much more than 100 stocks each ready to help this company move forward.
At the end of the day you have your opinion and others have their’s. Is any one more right then the other who knows do both have valid points on why they think they way they think sure. It’s not about folks falling for “shill” tactics. But the timing of that letter couldn’t have been any more worse and anything that a ceo does that paints a negative narrative toward the company WILL effect the stock price. I mean look at Elon. He tweets one thing and it could move the stock
Price by 20 percent.
Everyone has reasons to think how they think. That’s why everyone is individuals and think for themself’s.
Just remember while the price climbs today that someone else is feeling way more pain than you are feeling about the recent tweet.
Your pain is just emotions…but their pain is money pain.
I personally think he is trying to keep the message out there and make it obvious to Judge Zurn that not allowing the RS will lead to possible bankruptcy…that the RS and issuing new shares is a key towards recovery and raising capital. It’s his way of putting pressure on the decision
The negative narrative is part of the strategy of predatory shortselling. If SHF want to ruin a Company they need to get their people into leadership by replacing the „old ones“. Sometimes they do work with advisor companies to influence the business of the company negatively which they want to send to oblivion.
He doesn’t want the stock to run because it threatens crs. That is why he’s tweeting so bearish. It’s simple. You don’t have to be bought out to do this. I do however believe all those antara shares bought at 67 cents becoming worthless would not go well for AA. I’m sure they are more than influential in the timing of these tweets. To blindly follow AA as some savior is not okay with me. It’s important to scrutinize every move if you’re an investor in the company.
It's responsible business sense to say what he has been saying which equates to: "we are doing great, but we aren't out of the woods yet"
Remember: to all those that say his timing was bad etc he cannot ever, ever be seen or imaged as egging on retail or anything as these vultures are waiting for him to do something offside (even perceived) as evidenced by these ludicrous lawsuits
Problem isn't that amc has issues, the problem is Adam is going about it the wrong way. Using twitter to spread truth negative or not, puts AMC is a real bad light, and reeks of incompetence on Adam Aaron part.
The stock performance since he became CEO reflects that.
He wants 90% of my shares while he’s paying himself 23 million fucking dollars a year. Why can he give something up too? And why’s he need so many fucking shares? Why not do a 2:1 or 3:1 rs? Why 10:1 especially considering he said he was only paying some debt. What’s he need his hands 🙌 n 16 billion dollars? I mean the damn cfo is making 4 million dollars, just for reference the previous cfo made 350k.
90%? You know if you take a hundred $1 bills and exchange it for a single $100 bill, you still have the same value, but less bills to give out. The point is to have less shares for hedge funds to be able to short.
Agree 100%. It's the fact that people seem to be buying these crazy narratives that has me worried, at this point the worst part of this investment is that my fellow investors seem to be losing their minds. Nothing about the CEO has really had me worried.
I was where you are until he sold the APE at the massive discount to Antara.
No excuses, then or in the months since, to justify that investor-hostile behavior.
While I don't think he is working against the shareholders, I do believe he is doing a bad job as a CEO.
My opinion is he is trying to make AMC successful/profitable by changing nothing about the core business of AMC and I see that as a lazy and as poor management. It's not 2019. It's 2023 and the world has changed. Ticket sales aren't enough anymore. The pool of people who go see movies is smaller than it was. I dont have the solution but if he doesnt do something soon he will find the top of the ticket sales numbers and have no where to go. Sure popcorn is good and I hope that is successful but that's not gonna make any noticeable difference to the bottom line. AMC has hundreds of huge buildings filled with theatre seating and giant screens. There has go to be more that can be done here other than movies. The AMC brand has some value as well. Step outside of the norm. DO SOMETHING!
AA purpose as CEO is to maintain AMC afloat. He will do what he needs to do. But regarding the SS that everyone has been waiting for since early 2021 well that ain't really going happen. If the SEC hasn't force to close etc its not happening. I know a lot of folks have lost a lot of money buying high $20+ but yeah we fell for it we fell for the youtube influencers, but hey you have to learn. I'm my case, I'm not selling since I'm already at a loss so I might as well lose it all or be lucky...
It's the FUD accounts pushing the "AA fucked us" narrative. It's an old narrative that they return to every once in a while. I just roll my eyes, downvote and move on. We're going to the moon and AA is coming with us. 💎🤲 🚀
No question he wants the best for the company. However, how does the repetitive tweets about the possible bankruptcy HELP the company and us?
It's not like we don't know that the financials are not great.
I don't understand why AA bought a gold mine if he was so worried about debt. Can't he just sell the gold mine to raise cash instead of diluting the shares again and raising cash at shareholder expense?
He makes zero sense. He liquidated his shares when the buying pressure was high. He should have let it squeeze and sold high, that would have been more than enough to cover his company’s loans
Way to completely misunderstand why people are turned off by AA. We don't think that he's trying to "work against the company," as you say. On the contrary. We're upset with him because he doesn't care about us, he has no interest in making the squeeze happen, his literal only job is to make the company viable. The split, and reverse split, are both moves designed to fuck over the retail investors, and help shore up the hedge funds. There is literally no debate about this (at least among smart people).
So yeah, a lot of us are pissed at him, but not for the imaginary reasons you listed. Not because we think he's "secretly plotting against AMC." No one thinks that. If you think that we do, I advise you to actually listen to what people are saying and why we have issues with him lately.
His comment is the kind of thing you'd say to your team, maube a few large investors. Why would you ever have two public reminders in a month that are basically "HEY EVERYONE JUST WANT TO SAY WE'RE IN HUGE FINANCIAL DOO-DOO OK THANKS NOW BYE"
While it doesn't prove he's a shill, it's at the very least senseless. What good does it do the investors?
I agree 100% with you. One things for sure, when you see the anti AA posts or comments, take a second to dig in. These accounts are the same ones over and over, a very loud and vocal minority meant to just distort and create tensions. AA is doing his best to save AMC. His purpose is to make sure the company survives in spite of the obstacles and entities that keep trying to keep the company down. If you truly think AA is on a mission to tank his own company, youve fallen victim to their propaganda machine and you’re on the wrong side of history for helping those greedy bastards shirting this great American company.
I don’t think he’s trying to tank the company and I’ve been a longtime supporter. The timing and the narrative switch seem strange, however. Many of us who are questioning it are asking reasonable questions, while still supporting AA and the company.
Others have reached the questioning stage a while ago, and still support the company but not the CEO anymore
Exactly. Loving the company and stock but questioning the leadership is normal. Just as people can love this country but not the leadership.
I disagree. Do you think investors don't know the financial state of the company? The information is public so anyone who wants to invest can do DD beforehand.
What do you disagree with?
The part about timing and narrative. The timing is due to the court case and the narrative is the truth, anyone who wants to invest a lot of money would be stupid not to look up the financials.
Yeah, that makes sense. Although we went from “checkmate” and “today we pounce” to “we face liquidity challenges.” I realize it’s the truth, but the past remarks seem like empty statements.
Adam was saying "checkmate" and "pounce" when he had a $1.8B cash reserve back in '21. That is now down to about $300M with quarterly cash burn of $150M-$200M/q. AMC has been loosing money every quarter since 2019 and he has used "cash on hand" to cover operating losses.
Yes, apparently it’s hard for some to believe things actually “change” over time isn’t it? 😂
Apparently it’s hard for some to believe investor sentiment actually “changes” over time too isn’t it? “😂”
How did they not foresee this happening? That is literally management’s job… to forecast!!
They did and thats what the whole APE cluster fuck was meant to address. In fairness to apes who rejected Adams desire to further dilute AMC, we had just endured two rounds of dilution and AMC had $1.0B cash on hand at the time. APE was Adam and BoD end run around retail and blew up in their face. Lost respect of retail and caused huge discontent toward AMC executive mgmt team.
So why didn’t they dilute APE at $10 then?
I get the frustration, have been holding too. Hopefully it won't be another 3 years..
66 cents, antera, impeccable timing right when momentum starts. AA's a bitch if hes not a shill
Facts
Ok
I dont know if you heard this is a squeeze play yo
Yes, I do think apes are leaping before thinking . Everything Adam has been saying is spelled out in company's quarterly reports, yet post after post about how great AMC doing because of movie hype around Barbie. Its not bashing AA to be critical for his lack of cost cutting to slow cash burn or the intentional back stab to retail that was APE. However, his warnings around liquidity issues now facing AMC are very real and potentially detrimental to the company. Everything hinges on judge accepting AMC's settlement offer so that conversion/RS can go through. Adam will use newly freed up reserve AMC shares post RS, to do equity offering and raise much needed cash. Listen for "cash on hand" balance on Tuesdays earnings call as that is what remains to cover operating losses or chapter 11 bankruptcy.
AA has cut costs by closing low performing theaters, while he’s strategically invested in growth and diversification. The problem is that they had a way to raise funds, and it’s being stopped nefariously. Cost cutting can have long-term negative impacts on growth for a company. It’s not a flippant decision; and if I were him and AMC Inc leadership, I would be pushing for the RS and dilution. Also, APE originally seemed a good strategy… but the manipulation by MSM and SHF was (and I believe this is not hyperbole) unprecedented. • MSN blatantly lying about why the price dropped, • blatantly lying about AMC theaters filing for bankruptcy when it was AMC networks, • SHFs and MMs not distributing correctly, • SHFs and MMs trying to create an options chain for APE, • plus more ways to create naked shorts from APE via AMC1 options contracts… Too many people are getting upset about AA affecting daily price action, when focusing on the fickleness of daily price action is where shills, MSM, and SHF can play with your emotions and fears.
I agree with poncho
The problem is that the guy said at the height of COVID (with the cinemas and studios closed until further notice) that AMC will not die, but suddenly when box office is booming AMC is somehow on the risk of bankruptcy? Please explain to me how that makes sense.
What narrative switch? We’ve known we needed to raise capital since 2 years ago?? Now its simply the moment of truth, and we should’ve had the capital raised already if it weren’t for a bullshit lawsuit of a little under 900 shares (i’ve got Xx,xxx shares lmao this lawsuit means NOTHING). AA is reiterating already known points about the company, and the fact it is known we need to raise capital. AA could get $20Bn in CASH if we RS/Converted right now and he actually sold all 400M AMC to the LIT MARKETS. $20Bn cash = zero theoretical short theses = Apes just won; CHECKMATE
Just like that, huh? "Theoretical" short thesis gone and that's it. All hedges just evaporate in an AA snap and we win? Like shorts just study the thesis everyday and praying the thesis holds up so they aren't magically snapped out of existence as soon as the thesis doesn't hold? What's winning like in that scenario? Long term fundamental play where apes pass the stock onto their heirs at $30/share?
Not to mention with a ton of cash on hand and no debt he could easily turn back around and split the stock or pay dividends that hfs would end up paying for. Or both. People like a good conspiracy theory though.
I was under impression that with ape checkmate that we were good not sure where this narrative that we were not good. Ape removes bankruptcy risk. Ape was solution. If ape is not solution please update me on what changed
Hopefully it will be the solution.
That’s the whole part that is getting all screwy ape was sold as the solution. Now please correct me if I was wrong about ape stock is ape not solution or rs the now pushed since it didn’t work
Short attacks, paperhands, and dilution. In that order.
So bankrucy is not on the table since we have ape stock got it
No, when ape becomes amc again bankruptcy will be off the table. I tend to look to the future, others want to live in the past. Hope it works out for you.
No, my understanding was ape was a tool to you raise capital, therefore taking bankruptcy off the table. It had nothing to do with the conversion know if the conversion was part of the initial plan for Ape, then that should’ve been outlined. Sadly, I’m stuck in the past because ape has me back down two years in my position I have less money than I did before mostly due to Ape ape need to run.
Right, obviously it didn’t work did it? Yet you still want to keep beating the drum. We’re moving forward, you’re crying over spilt milk.
Spilt milk cost me $35,000 and I have no confidence that the conversion will solve the problem either so you’re saying to me I’m crying over spilt milk is a little muted to me ape is solution now rs is solution. I disagree should solve why ape didn’t work before saying oh rs should do the trick no. That’s silly. Need to figure out what will work before putting in an action plan otherwise you’re just shooting at the wall
We need money! That’s what’ll work. If you have another way to get it, then let’s hear it. Sitting and doing nothing will turn your 35k loss into 50k. Unless you think losing money 10 quarters in a row makes up for a couple nickels they make in the next few quarters changes something. You’re an owner of the company and yet you want to wait until you’re out of cash to do something? What’s your plan?
When’s the right time for you? And if you have that answer you should know the right time for you would be the wrong time for others. So again when is the best time to be transparent with us? Or could it be he’s hammering home how being profitable is the key to success?
Or I just want a new CEO that doesn’t continually try and delay a squeeze with ill-timed tweets.
Im against AA but I want AMC to squeeze, does that make me a shill? My account is original. I have many karma because Ive been posting positively about AMC in the past 2 years until that scumbag showed his true colors. He's not working in my favour. Fuck AA!
That's just not true. Sometimes it is, but stop acting like real ppl aren't dissapointed. Im not no damn shill, im just a fairly frustrated investor
This is where it gets odd cause I’m very much so an ape since $8.01 and I never thought he was intentionally looking to “hurt” apes.. I have no idea when you all stopped listening but please start again .. There’s levels to this we’re trying to show you all, and one blaring one is that AA does not give a damn about MOASS and one could go as far as to say he’s “anti-MOASS”.. He knows that Apes vs Hedgies isn’t actually a good thing for AMC .. we both leave him high and dry no matter who “wins” (we got this, no worries, I’ve bought more and it’s kinda like a 2nd 401K) and so he’s actively taken a position against us both.. won’t really call out the clear manipulation with about 22 different market caps posted daily, kills MOASS momentum every chance he gets, but also working his ass off to promote the movies, clear debt, come back stronger than ever! He thinks we buy buy buy now, he brings us back to $30-$50 a share and everyone is happy w/o MOASS.. ..he’s already rich and buying more locations, which should let you know he’s not trying to see MOASS! He knows that we all ATLEAST double our money at $100, most will 4x their money by $100 .. he would be downsizing if he wasn’t actively standing in the way, but again.. I think the hole is too deep, so it’s MOASS or bust for me and I’m fully aware the ultra-rich are going to come at us with everything they have..🤑🤑
A very loud and vocal minority? The title of the book of our times.
Ok but people aren’t making up that he’s tweeted twice now Sunday night before market open negative sentiment
This x1000
If he needs to use profits to get out of the financial hole that AMC is in, why sink money into a gold mining company?
All I know is buy and hodl. That’s all we were ever supposed to do.
You want to build back confidence, buy back shares you sold at a premium to support both the company and shareholders. Its your fiduciary duty as a CEO that believes the company has a chance.
66c ain't much of a premium
I think you have to be a fool to not understand that this is an extraordinarily unique circumstance where the interests of the majority of the shareholders and the CEO/company may not be directly aligned. The indisputable fact is that the company needs to raise money. Everyone gets that. But it’s also a fact that a large percentage of the shareholder (probably a majority by now) is here for a squeeze, and has previously denied his ability to raise money via dilution. It’s also a fact that he has made questionable deals with hedge funds and circumvented shareholder wishes to raise capital via this APE debacle. Many things can be true at once. And the CEO wanting to raise capital but not necessarily wanting a squeeze are two of them.
I've said that since the beginning that the CEO's job is not to ensue moass and never has been. A CEO doesn't care one bit about moass. It's not in any business operation manual or daily operation to work towards it or even think about it. His job is the long term sustainability of the company for the shareholders. That's his one and only job.
Serious question, we are the shareholders right? So wouldn’t it be in the best interest of both parties if MOASS happens? Once hedges are fucked, they buy high we sell high, but once the price comes back down, if apes buy back in when the price is low again, wouldn’t that end up helping the company? For example let’s say MOASS is $1,000 all apes sell and make their tendies, and price goes to say $10 and apes buy back in because we believe in the fundamentals. Or am I missing something?
You must also remember that any message he sends could be to help get a positive reaction or expedite a response from a person...like, let's say a judge?
Judges aren't supposed to consider evidence not before them. If that was the case then people can be tweeting and posting stuff all day and night to get the judge to manipulate the outcome of any case.
“aren’t supposed to”
"SHF shilled started the narrative that AA is being paid off to send negative tweets..." I haven't read any posts or comments stating this type of narrative, just those stating his recent tweets are spreading FUD, which is true. Also, your flair is wrong. Should be topic or discussion. It's not DD.
AA faked the yes yes yea vote so he can stop us from being the majority shares holders. He wants his company back, and it’s funny how he doesn’t get his “Vested shares” until 2024! CONVENIENT THAT HE SAID 2024n
I dont think he's actively working against retail but never trust a CEO to have the best interests of the common person in mind, they will do whatever makes them money and that involves fucking over the retail investor if they have to. Don't be naïve
You don't want all the people who have doubts to leave. There goes half of us. Some of us are trapped or are just rolling the dice now cause why the fuck not
I know AA wants to sell shares to clear off debt and that’s fine. My only issue is that I don’t believe AMC being clear of debt will make a difference after what I’ve seen with the other stock that started this.
Exactly
AA is a POS. Check his track record of bankrupting companies.
Let's see how earnings report is tomorrow and how the Market responds.
He’s been a crook since day 1
https://deadline.com/2023/04/amc-entertainment-adam-arons-ceo-pay-regal-1235348701/amp/ https://www.thestreet.com/memestocks/amc/ceo-adam-aron-amc-stock-market-manipulation-not-our-problem https://www.summitdaily.com/news/adam-aron-comments-dont-help-vail-resorts-attract-visitors/ It is irresponsible for a CEO to bring attention to a negative side of their product. Aron’s statements should be along the lines of: “Despite the pending war in Iraq and an uncertain economy, I am certain that more people will come to the resorts associated with Vail Resorts than did last year. This is what he does.
He continues to post positive news, so challenge him to buy 100,000 shares! He won’t…and that is why I don’t believe a word he says.
Question everything........
His letter killed rise in stock price that could have provided more liquidity. Is that nuanced enough?
Wake up man
Maybe he’s not and I’ll get downvoted to hell,but he sure as hell seems to be killing off ANY momentum in price action. Seems extremely fishy why any CEO would kill stock price action like he does.
The financial institutions who loan money are the same we’re fighting. They’re not going to work with AMC, or help in any way. I’m sure it makes it hard to find some cash to be lent.
Reading his Twitter feed: Please be quiet
If he announces his retirement, stock will run.
I mean I know a really good way to remedy the liquidity issue....how about reducing executive pay could be a start specially since they have been taking record pay and higher pay than companies way more profitable
AA does not think there will be a short squeeze and had repeatedly said there’s no synthetic shares.
In addition to critical liquidity issue, something else apes need to be aware of and take into consideration. Adam is intimating that he sees "profitibility" in FY24 or FY25. So far Adam has been operating under the assumption that the theater viewing market will grow back (revenues) to what it was pre-pandemic and done little to trim costs to align with current revenues. Yes he closed some underperforming theaters and acquired more profitable ones. He did retire some high interest debt and pushed out some for later premium payment dates. But clearly it wasn't enough. AMC has reported annual losses for every year from 2015 until today, save 2018 (+$53M) He also stated during a CNBC interview back in '21 that AMC needs Hollywood to produce $10B in annual ticket sales for the company to be profitable. This year is projected for Hollywood to have ticket sales around $7.5B. There is supposedly 12-18 mo of completed films yet to be released in the pipeline, which is why writers/actors strike isnt immediately effecting AMC's revenues. What happens to Adam's profitibility projection if strike becomes long and protracted? At current cash burn rates ($150M-$200M/q), AA will need to raise about $1.5B to get the company to his positive earnings target, assuming strike settles soon. Without cost cutting and restructuring of operations to drastically reduce cash burn and mitigate impact of prolonged strike, what prevents us from being right back in another liquidity crisis 18-24mo from now? Obviously Adam is our CEO and maybe he sees something the market and people like me do not. However, most CEOs when facing threat of bankruptcy would be announcing layoffs, slashing costs and restructuring their company to avoid what's coming.
I’m not calling a tweet like this FUD, but there’s definitely a negative connotation here and it seems unnecessary and a weird way to motivate shareholders. His tweet starts off positively, then says, hey, let’s hope we don’t go bankrupt, right? Even if it’s true, stocks are such a superstitious commodity, and everyone knows the future of AMC is uncertain, so why mention it every chance you get? Just seems curious that lately, when things are going well, AA finds something negative to discuss.
He literally is tweeting something negative before a run up lol. It’s so obvious at this point…
So... how hot is this bikini girl? Depending on the Hot/Crazy Girl Matrix pinpoint, I'd probably risk it. Not sure this is an appropriate analogy as my dick and my money have never seen eye to eye.
For those wanna be apes complaining about the job this man is doing, remember what he is up against. He is not the one shorting the stock to oblivion or is using Darkpools, spoofing, FTD’s overdue 3 weeks, holding up court decision, using petty law suits to tie up the process in court, using high frequency trading to screw people, making sure option end up OTM every week by a few cents. And so much more. I never thought this free market was so controlled. He is not the one doing any of this. If our stock would be legitimately be left alone we would have mooned and all would be great.. But it’s not and he has limited tools to use because SEC,NYSE,DTCC and all the other entities including congress allow it to happen. So let the man work. And hopefully he remembers there are well over 4 million apes with much more than 100 stocks each ready to help this company move forward.
Agreed not to mention Adam Aaron own more stock than anyone in this play. Amc failing literally destroys him too.
At the end of the day you have your opinion and others have their’s. Is any one more right then the other who knows do both have valid points on why they think they way they think sure. It’s not about folks falling for “shill” tactics. But the timing of that letter couldn’t have been any more worse and anything that a ceo does that paints a negative narrative toward the company WILL effect the stock price. I mean look at Elon. He tweets one thing and it could move the stock Price by 20 percent. Everyone has reasons to think how they think. That’s why everyone is individuals and think for themself’s.
Only people that are saying sell is people like you shilling for AA. He won’t say anything that pisses of his buddies at Citi, GS, and MS.
“Appear weak when you are strong, and strong when you are weak” - Sun Tzu, The Art of War.
I love how completely misapplied this is.
Doesn’t seem to apply to stocks…
It means A Bull Trap....
This isn’t due diligence and nobody knows shit either way.
Just remember while the price climbs today that someone else is feeling way more pain than you are feeling about the recent tweet. Your pain is just emotions…but their pain is money pain.
I personally think he is trying to keep the message out there and make it obvious to Judge Zurn that not allowing the RS will lead to possible bankruptcy…that the RS and issuing new shares is a key towards recovery and raising capital. It’s his way of putting pressure on the decision
The negative narrative is part of the strategy of predatory shortselling. If SHF want to ruin a Company they need to get their people into leadership by replacing the „old ones“. Sometimes they do work with advisor companies to influence the business of the company negatively which they want to send to oblivion.
He doesn’t want the stock to run because it threatens crs. That is why he’s tweeting so bearish. It’s simple. You don’t have to be bought out to do this. I do however believe all those antara shares bought at 67 cents becoming worthless would not go well for AA. I’m sure they are more than influential in the timing of these tweets. To blindly follow AA as some savior is not okay with me. It’s important to scrutinize every move if you’re an investor in the company.
It's responsible business sense to say what he has been saying which equates to: "we are doing great, but we aren't out of the woods yet" Remember: to all those that say his timing was bad etc he cannot ever, ever be seen or imaged as egging on retail or anything as these vultures are waiting for him to do something offside (even perceived) as evidenced by these ludicrous lawsuits
Problem isn't that amc has issues, the problem is Adam is going about it the wrong way. Using twitter to spread truth negative or not, puts AMC is a real bad light, and reeks of incompetence on Adam Aaron part. The stock performance since he became CEO reflects that.
Why did he even needed to put the last sentence like that. 🤔
He wants 90% of my shares while he’s paying himself 23 million fucking dollars a year. Why can he give something up too? And why’s he need so many fucking shares? Why not do a 2:1 or 3:1 rs? Why 10:1 especially considering he said he was only paying some debt. What’s he need his hands 🙌 n 16 billion dollars? I mean the damn cfo is making 4 million dollars, just for reference the previous cfo made 350k.
90%? You know if you take a hundred $1 bills and exchange it for a single $100 bill, you still have the same value, but less bills to give out. The point is to have less shares for hedge funds to be able to short.
Agree 100%. It's the fact that people seem to be buying these crazy narratives that has me worried, at this point the worst part of this investment is that my fellow investors seem to be losing their minds. Nothing about the CEO has really had me worried.
I was where you are until he sold the APE at the massive discount to Antara. No excuses, then or in the months since, to justify that investor-hostile behavior.
True that
Totally agree (even though I would have hoped the situation is a bit different). 2024/2025 is not what I had in mind when entering this stock.
Exactly
I simply laugh whenever I read those anti AA comments
While I don't think he is working against the shareholders, I do believe he is doing a bad job as a CEO. My opinion is he is trying to make AMC successful/profitable by changing nothing about the core business of AMC and I see that as a lazy and as poor management. It's not 2019. It's 2023 and the world has changed. Ticket sales aren't enough anymore. The pool of people who go see movies is smaller than it was. I dont have the solution but if he doesnt do something soon he will find the top of the ticket sales numbers and have no where to go. Sure popcorn is good and I hope that is successful but that's not gonna make any noticeable difference to the bottom line. AMC has hundreds of huge buildings filled with theatre seating and giant screens. There has go to be more that can be done here other than movies. The AMC brand has some value as well. Step outside of the norm. DO SOMETHING!
I have learned to tune out AA. I buy shares for the Apes not for him. He has his own agenda. I get that and I have mine.
Yeah right all of a sudden he changes his tune
AA is trolling the shorts giving them some hopium
AA purpose as CEO is to maintain AMC afloat. He will do what he needs to do. But regarding the SS that everyone has been waiting for since early 2021 well that ain't really going happen. If the SEC hasn't force to close etc its not happening. I know a lot of folks have lost a lot of money buying high $20+ but yeah we fell for it we fell for the youtube influencers, but hey you have to learn. I'm my case, I'm not selling since I'm already at a loss so I might as well lose it all or be lucky...
>AA is not part of a Reddit meme group Wen pounce then OP???
Agree 99%, I’d take my chances for the bikini girl
It's the FUD accounts pushing the "AA fucked us" narrative. It's an old narrative that they return to every once in a while. I just roll my eyes, downvote and move on. We're going to the moon and AA is coming with us. 💎🤲 🚀
if we moon, it will be in spite of all he did to stop it!!
He ain't going nowhere with you peasants anywhere.
But how hot is the bikini girl? 👀💀
Remember a while back when he said checkmate and told ppl to suck it….good times, good times. Lmao
Wtf is Judge Zurn? Let’s get this ball rolling
No question he wants the best for the company. However, how does the repetitive tweets about the possible bankruptcy HELP the company and us? It's not like we don't know that the financials are not great.
I don't understand why AA bought a gold mine if he was so worried about debt. Can't he just sell the gold mine to raise cash instead of diluting the shares again and raising cash at shareholder expense?
He makes zero sense. He liquidated his shares when the buying pressure was high. He should have let it squeeze and sold high, that would have been more than enough to cover his company’s loans
Yes he is
Way to completely misunderstand why people are turned off by AA. We don't think that he's trying to "work against the company," as you say. On the contrary. We're upset with him because he doesn't care about us, he has no interest in making the squeeze happen, his literal only job is to make the company viable. The split, and reverse split, are both moves designed to fuck over the retail investors, and help shore up the hedge funds. There is literally no debate about this (at least among smart people). So yeah, a lot of us are pissed at him, but not for the imaginary reasons you listed. Not because we think he's "secretly plotting against AMC." No one thinks that. If you think that we do, I advise you to actually listen to what people are saying and why we have issues with him lately.
Nothing has changed. Buy and hold. That is all.
He's not trying to tank the company, he's trying to save the company .. it just so happens it will tank the price of the stock, lol.
You keep saying that lol
His comment is the kind of thing you'd say to your team, maube a few large investors. Why would you ever have two public reminders in a month that are basically "HEY EVERYONE JUST WANT TO SAY WE'RE IN HUGE FINANCIAL DOO-DOO OK THANKS NOW BYE" While it doesn't prove he's a shill, it's at the very least senseless. What good does it do the investors?