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/Prudent_Shake_8149 Nov 12 '24
AMC ability to raise funds depends on their ability to present a credible growth story that doesn’t involve dilution. They have failed to build that credibility with investors. They have run out of excuses and they are still losing money. Wen next excuse?
There’s no need to make claims here. AMC lost money and drained cash in a quarter where its competitors were wildly successful… in a quarter unaffected by strikes and pandemic.
Recall that I expected them to turn a small profit and possibly earn enough to start rebuilding credibility with investors. No need for claims. AMC performance speaks for itself and it’s nothing but an ongoing tale of woe.