/biz/ - Business & Finance

I was looking at a 13G form from AMC recently and I found this: https://www.streetinsider.com/SEC+Filings/Form+SC+13GA+AMC+ENTERTAINMENT+HOLDIN+Filed+by%3A+Mudrick+Distressed+Opportunity+Drawdown+Fund+II%2C+L.P./17789149.html

Mudrick Capital specialize in distressed stocks like AMC who are managed by Jason Mudrick
https://www.nasdaq.com/articles/distressed-debt-guru-mudrick-sees-serious-potential-in-amc-entertainment-2020-12-18

This guy has a good track record and has been soundly beaten the market average with his holdings. Mudrick Capital literally lent AMC 100M back in December when AMC were on the verge of bankruptcy (they were almost out of liquidity this month before they had a 1B dollar injection and the 600M they raised from the recent dilution of stocks last week.

Just another reason for you retarded fucking paper handing faggots to hold long term. If this firm was willing to part with 100M on a company that was on the verge of bankruptcy, you can hold onto your meager shares. I'm gonna be buying more shares at the dip today, hopefully it goes down to 5 or 7 bucks.