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I've been silent for a while here, never written a bad thing about AMC but as you might know we're all in a shitty place right now.
Everything that AMC investors have looked forward to for a possible catalyst to change the predatory short selling of this company has failed. I'm a pretty optimistic person and I foolishly assumed the ship would be righted.
It's almost unbelievable that the CEO came out and said there was a checkmate on short sellers. Strung investors along with optimistic tweets. Released APE, lost a ton of value, dragged investors through another year of false hope where Adam Aron was doing his world tour taking pics with investors, said publicly that a reverse split means less shares so the price goes up etc.
Millions of people got baited into losing their life savings. Right on queue after the reverse split, AA stopped doing public appearances. The only hope I have now is that it goes back to somewhat regular prices which may take years. This whole situation is so fucked.
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- 1 year ago
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