the Q
Yowie Wowie. We’re gonna have so much fun here
- Joined
- Mar 28, 2017
- Messages
- 7,019
- Reaction Score
- 11,234
I’m not holding AMC because it’s a good company, it has debt yes. But it’s in a unique situation where debt doesn’t really matter here.
The whole point of holding AMC is to get it to short squeeze. When it squeezes there will be a big sell off and no more debt.
I thought GameStop should’ve 100% issues new shares during that complete nonsense a while back.
buy the damn strip malls you’re in to diversify your income, upgrade your e-commerce platform. Lots of things they could’ve done for a stock that was literally trading for at least 30x what it’s really worth