/biz/ - Business & Finance

>>27315679
>I didn’t know that companies can sell stock whenever they want

This is in another level. I dont even...

>>27315825
Is this legal? I feel like we got scammed I thought AMC was supposed to squeeze like GameStop

Good thread OP

It means anyone who is holding AMC is fucked. I bought at $15.50 literally right before they announced this and managed to sell at $15.80 the following day to gtfo.

>>27315679
>cyrpto is a scam!!! invest in the legit stonks!!

>>27315871
yep there is no limit on how many stocks they can print too lol

>>27315679
https://ghostbin.co/paste/j6m6d free alpha leak for you OP

Do I buy now or sell now?

>>27315891
Wow
>>27315920
Why did people think this was going to squeeze if that is the case? Am I missing something?

>>27315679
This already happened a few days ago and all the 44M shares were bought.

>>27315679
Better question, why would they do this? If this crashes the stock with no survivors, what would be the gain?

>>27315968
This shit already happened last week

>>27315679
1. This already happened
2. That price is 13.60 per share waaaaaaaaay more than hedgies want to pay. The short is still on. Don't blink. Don't sell.

>>27316021
Insiders claim they are going to sell more shares. Is that a lie? I’m confused and scared

>>27316033
They cleared their debt in doing so. Why in the fuck would they not do it? Do you expect them to sit on their shares and do nothing as the meme stock price eventually crashes back down to $4 anyways?

>>27315679
>>27316033

Companies raise money to do things buy issuing new shares. It's better than going into debt for various reasons. In theory it makes the shares worth MORE because (company+extra_cash)/new_and_old_shares is worth more than company/old_shares

i.e. they can use the $600 million dollars to do new projects that will make more money. If gamestop has any balls they will do the same to raise money for their new business model.

>>27316184
AMC still has a ton of debt where are you getting that information?

I've come to the realization that the stock market is seriously inferior to the crypto market and I don't think you can really argue against that.

>>27315679
Typical /biz/

FUD
To do this they need a share holder meeting

>>27316214
deadline.com/2021/01/amc-entertainment-silver-lake-swaps-debt-for-equity-as-cinema-chains-stock-surged-1234682417/amp/

>>27316537
WTF?!? Why is nobody talking about this? I am balls deep in AMC since Friday

>>27315871
is it legal????
thats how they make money you stupid nigger
the whole point of the stock is to make both parties money

>>27316754
you can just sell??
are you fucking niggers for real?
have you ever done stock before????

>>27316853
People said AMC was going to 50 or 100
>>27316923
AMC is my first stock

>>27315679
This is just further validation that I'm gonna make so much money this week.

>>27317163
Seeing them try so hard is making me so comfy.

>>27316021
this, it happened already mid week last week and the price still held on friday.

>>27317152
You have two ways of looking at this
1) meme potential COULD still cause the stock to rise and give you an early escape this week
2) AMC was heavily undervalued at $4 anyways so even if there’s a massive retrace you have a chance of coming out break even or even at a profit once theaters etc open back up in summer

This thread is amazing. Bunch of idiots that know nothing start investing, what could go wrong

>>27315679
It's called dilution. Simply put for you retards it means line will go down

I thought you couldn't dilute without an announcement? Why doesn't gme do this?

fuck all you AMC retards

>>27317849
No, it doesn't, you fucking retard. Yes, it is dilutionary, but its also extremely bullish because the alternative was AMC would go bankrupt from the 400 million in debt they had no way to pay off.
So you have a choice: dilute the shares and continue to exist as a company (and pay off the debt), or don't pay it off and go bankrupt and the stock goes to 0.
So the stock NOT going to 0 is definitely a bullish event. At the VERY least its not bearish.

>>27316853
it's almost like the point of the stock market isn't to meme a company to infinity but instead is for a company to raise funds via equity, grow the business, and return the profits to shareholders via dividends and buybacks.

>>27316149
(((Bloomberg)))

>>27315679
AMC has huge debt and this was probably a sneaky way to get that debt paid. They are hoping people don't sell their shares.

>>27318912
Damn I feel like I got scammed and should have done more research

>>27317991
>, but its also extremely bullish because the alternative was AMC would go bankrupt from the 400 million in debt they had no way to pay off.
priced in you stupid faggot. They were in the clear before the pump. This is dilution after the fact, it's going to tank

>>27317991
Movie theaters are dead. Invest in streaming.

I just hope nobody colludes, if they are going in on stocks it's because they like the stocks. I'm all for everyone hating on hedge funds but people need to obey the rules. The hedgfunds themselves need to obey the rules too. And it seems to me in my uneducated non-financial advisor opinion that shenanigans are happening, but AMC printing more shares does seem to be allowed.

this is a very cute thread where retards learn what the stock market is

>>27318912
This. This is another reason why GME is the unicorn. They have no debts, so there's less temptation to sell their corporate shares to the hedgies for a bailout.

>>27319682
>They have no debts
they have 460 million in debt. learn to use edgar: https://www.sec.gov/edgar/searchedgar/companysearch.html

>>27320370
every corp has debts idiot. but AMC had like 6 billion in debt.

>>27320468
10 billion actually