/biz/ - Business & Finance

Anonymous Thu Jan 28 23:48:11 2021 No.26952381 [View]
File: 455 KB, 1375x1807, Untitled.jpg [View same] [iqdb] [saucenao] [google]

Not only is AMC a meme stock that's locked, cocked, and ready to fucking rock...

Not only is AMC massively over-shorted by hedge funds who will have to buy soon...

Not only is AMC actually GREAT great on the fundamentals with theaters set to re-open in just months with massive media hype...

BUT AMC ALSO JUST LOST $600MILLION IN DEBT

Apparently, the debt holders converted the it to shares and probably sold them off (might be what was holding back the rise today). That's basically $600m given to AMC, and now it's baked in.

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