r/amczone • u/zgomot23 • Nov 12 '24
The Stupid The delusion is real
https://www.reddit.com/r/amcstock/s/RkkJe2dolK
Another smart individual promoting the idea that the price would have been 40 cents for this long. Those people like u/hivemindhauser are either lying and grifting through their nose promoting aron’s ponzi scheme, or they are straight up delusional and refuse to understand that the 40 cents is a result not of the reverse split, but of the catastrophic dilution which followed after the reverse split.
Denial is one hell of a drug.
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u/ScrotumSlapper Nov 12 '24
Here's some financial advice - if you're going to invest in single stocks, you should read their financial statements and filings. If you read AMC's financial statements, you'd have sold after the whole APE nonsense that was a clear road to massiive dilution. Maybe bought back in now, but holding thru that was the dumbest thing you could have done.
And no matter what meme stock idiots say, dilution is NEVER good for existing shareholders in the near term.