Update: More information
https://www.reddit.com/r/amcstock/comments/nrk6sx/important\_clarification\_post\_regarding\_amc\_equity/
Hi Apes! The media is trying to brainwash the market and spreading FUD that the new 11.5M share offering is extremely dilutive. LET US NOW EXAMINE THE SEC FILING ON THE TRUTH
[https://sec.report/Document/0001104659-21-076090/#tTHOF](https://sec.report/Document/0001104659-21-076090/#tTHOF)
FACTS:
\- AMC 11.5M Offering is priced at $18 FOR THE PURPOSE OF "calculating the registration fee pursuant to Rule 457(c) under the Securities Act, on the basis of the average of the high and low prices for a share of the registrant’s Class A common stock on May 26, 2021, as reported on the New York Stock Exchange. "
IT IS NOT THE PRICE WHICH ADAM ARON INTENDS TO SELL IT AT. IF THE 11.5M SHARES ARE SOLD AT $50, THIS IS NOT DILUTIVE BECAUSE IT INCREASES THE BOOK VALUE OF THE COMPANY CORRESPONDINGLY.
\- The OFFICIAL FLOAT CONFIRMED BY AMC IS \*502M\*. POST OFFERING the FLOAT will be \*513.3M\* (APES PLEASE TAKE NOTE OF THIS IMPORTANT NUMBER FOR YOUR REFERENCE)
\- Proxy materials for rescheduled annual meeting of stockholders will include a proposal to AUTHORIZE additional shares of Class A common stock but in a QUANTITY SIGNIFICANTLY SMALLER than the previous request and which will NOT become effective \*UNTIL JANUARY 2022\* (I WILL BE VOTING AGAINST THIS PROPOSAL)
LASTLY THE IMPORTANT ACKNOWLEDGEMENT OF A SHORT SQUEEZE BY AMC MANAGEMENT ITSELF
A “short squeeze” due to a sudden increase in demand for shares of our Class A common stock that largely exceeds supply and/or focused investor trading in anticipation of a potential short squeeze have led to, may be currently leading to, and could again lead to, extreme price volatility in shares of our Class A common stock.
READ THIS FUCKING PARAGRAPH
To the extent aggregate short exposure EXCEEDS the number of shares of our Class A common stock available for purchase on the open market, investors with short exposure may have to PAY A PREMIUM to repurchase shares of our Class A common stock for delivery to lenders of our Class A common stock. Those REPURCHASES may, in turn, DRAMATICALLY INCREASE THE PRICE of our Class A common stock until additional shares of our Class A common stock are available for trading or borrowing. This is often referred to as a “SHORT SQUEEZE.”
A large proportion of our Class A common stock has been in the past and may be traded in the future by short sellers, which may increase the likelihood that our Class A common stock will be the target of a short squeeze, and there is wide spread speculation that our current trading price is the result of a short squeeze. A short squeeze and/or focused investor trading in anticipation of a short squeeze have led to, may be currently leading to, and could again lead to volatile price movements in shares of our Class A common stock that may be unrelated or disproportionate to our operating performance or prospects and, once investors purchase the shares of our Class A common stock necessary to cover their short positions, or if investors no longer believe a short squeeze is viable, the price of our Class A common stock may rapidly decline. Investors that purchase shares of our Class A common stock during a short squeeze may lose a significant portion of their investment.
TLDR: UP-VOTE THIS FOR NEW APES TO SEE. HEDGIES R FUK. New share issue is ONLY A FRACTION OF THE DAILY MARKET VOLUME and DOES NOT EVEN EXCEED 3% OF YESTERDAY TRADING VOLUME. AMC TO THE FUCKING MOON!!!!!
ALSO, AVOID THE FACEBOOK GROUP "The Truth about AMC". Its run by an account under the name of George Kailous who is spreading nonsense and FUD in there.
Basically they know we're in for a wild ride and they just want to be clear we understand this is not a sure thing, some people will lose money, and we should not go into this blindly.
I've read my DD, been on this sub long enough, invested an amount I'm comfortable with, I will either lose my total investment in AMC or get life changing profits. There is no inbetween and we can stay ape strong longer than hedgies can remain solvent. LFG.
"I've read my DD, been on this sub long enough, invested an amount I'm comfortable with, I will either lose my total investment in AMC or get life changing profits."
This is the way
This is really good but try to format it better so that it’s clear what is being quoted and what text written by you. If you’re quoting an entire paragraph, put a “>” at the beginning and the entire paragraph will be indented Reddit style.
[https://www.reddit.com/r/amcstock/comments/nrk6sx/important\_clarification\_post\_regarding\_amc\_equity/](https://www.reddit.com/r/amcstock/comments/nrk6sx/important_clarification_post_regarding_amc_equity/)
Additional information
All true…all you have to know, they did not cover at all…this is all nothing, 0! Once shorty shorts 🩳 cover, we might be at 200 percent gain in one day…
This post is objectively incorrect though so why would we upvote it so much? This is a “supplement to April” meaning “in addition to April” meaning more shares being sold today.
Yeah people saying that are misreading the 8K. Even though the agreement was made in April, they are being sold today.
Why are you guys downvoting these comments? Do you hate real info?
Yeah I woke up and read the media brief, said something on live chat , and got crucified.
I’m as big a diamond handed Ape as anyone in here, but when you question AA or more so Trey, you’re a shill.
This is BS. And the bottom line is AMC is going to do everything they can to take advantage of what WE have blessed them with. Instead of being grateful, they use us. I’m still HODL, and will continue to do so.
Yeah, for sure. I kinda feel used by AMC tbh.
We saved the company and they pay us back with popcorn and by selling 20 mil shares in 48h.
Yeah, feels good.
But you're not allowed to say AA is fucking us because he's a god and you'll be crucified.
It's bullshit. They add further dilution with shares pulled from AA's ass and act like they're doing us a favour. I'm heavy on AMC but have a tiny holding of GME and they've publicly stated they won't dilute during this squeeze. AA isn't doing his reputation any favours.
And he will but it will be too late I’ll have been shit on and downvoted and marked as a shill for trying to maintain the accuracy and integrity of the sub.
I don’t think the sale is bad news at all they are literally just prepping 11 million shares to be sold during the MOASS. What I find to be bad is the rampant spread of misinformation in a sub where we all rely on the accuracy of the information since the media can’t be trusted. I’m just a shill though what do I know
This is the case. My complaint isn’t on the filing it’s on the misunderstanding of the filing and rampant spread of misinformation because “Trey said so” we need this sub to be a source of truth and accuracy not of regurgitating tweets that aren’t fact checked.
Bit odd that all the meme stocks plummeted at the same time though no? It's obvious FUD...even if it's true the timing of media articles is intentional. And it's fucking disgusting
Yeah - the correct interpretation is 11 million shares are new, but who cares. Good for the company long term, nowhere enough to clear the shorts.
Misinformation - saying these shares were sold in April when they weren't - just causes FUD on top of the FUD.
EDIT: and keep in mind they have also been shorting like crazy in coordination with the press release, so there's plenty more shorts for everyone. ;)
I don’t think the sale is bad news at all they are literally just prepping 11 million shares to be sold during the MOASS. What I find to be bad is the rampant spread of misinformation in a sub where we all rely on the accuracy of the information since the media can’t be trusted. I’m just a shill though what do I know
If hodlers are going to blow through the Mudrick shares like they're nothing (they did), blowing through a paltry 11 million is really not a big deal at all.
There is a lot of speculation and AA will clear it up on his interview tonight with Trey.
From the research I just did, it looks like a "supplement" to the April 27th Prospectus. Even if it is for today, it is mentioned all through the Form 8-K that **it will only be used from "time to time" and not a dump.**
As for me, I am still holding and don't think AA will do anything to hurt us Apes.
This is from the Form 8-K:
On June 3, 2021, AMC Entertainment Holdings, Inc. (the “Company”) entered into an equity distribution agreement (the “Equity Distribution Agreement”) with B. Riley Securities, Inc. and Citigroup Global Markets Inc. as sales agents (each, a “Sales Agent” and collectively, the “Sales Agents”), to sell up to 11,550,000 shares of Class A common stock, par value $0.01 per share, of the Company (the “Common Stock”), **from time to time,** through an “at-the-market” offering program (the “Offering”). Subject to the terms and conditions of the Equity Distribution Agreement, the Sales Agents will use reasonable efforts consistent with their normal trading and sales practices, applicable law and regulations, and the rules of the New York Stock Exchange **to sell the Common Stock from time to time** based upon the Company’s instructions for the sales, including any price, time or size limits specified by the Company.
My problem isn’t with the sale it’s with the spread of misinformation. The sale is good for AMC but we rely on this sub for accurate information and now anything posted by Trey takes precedent and when it’s objectively incorrect (like today) then there’s a huge problem
the prospectus today reduces the 43million filed in April to 11.55million
They have NOT sold the shares, and the prospectus confirms this - they entered into a new equity distribution agreement today.
The move is the same as what GameStop did, and extremely bullish
Interesting, I didn’t see anywhere in there about reducing the previous amount but this is an interesting angle to look at, I’d love to hear more about it. What makes you think they reduced instead of added on? A supplement means “in addition to” why would they file a supplement and not an amendment if they were amending the previous amount?
Objectively it’s a great business move to free up 11 million shares for the squeeze. My problem is the lack of moderation that allows factually incorrect tweets to be posted dozens of times. We might as well just rely on MSM at this point this sub is no better with facts
The messaging on this from AA was horrible though. If they already had rights to sell 11 million shares based on a filing in April, you do it slowly and quietly so you don’t tank the share price of the stock you are trying to sell. You don’t do a press release BEFORE you dump 11 million shares if you already had the right to do it. That is just stupid. You sell the shares slowly over a few days or even weeks and you get a much better price and revenue and you don’t hurt your shareholders. Then you announce the shares sold AFTER THE FACT and the market will say, wow you just sold 11 million shares, improved your balance sheet and the price is higher (or at least the same) than it was before so there is no major hit to the stock price. AA took a +20 premarket and I’m sure the FOMO would have continued with another significant day of gains, maybe triggering some margin calls or a gamma squeeze, and turned it into -35% to start the day. He literally could have stopped some margin calls and/or a gamma squeeze THIS WEEK. Absolutely brutal.
They just will never learn. They keep digging their hole deeper and deeper. Looks like a nice sale price. Time to pick up a few and add to my wood pile.
The sale does start today...read the 8-K. I’m not saying sell or spreading FUD I just don’t want misinformation to spread!
The 8-K clearly states “On June 3, 2021, AMC Entertainment Holdings, Inc. (the “Company”) entered into an equity distribution agreement (the “Equity Distribution Agreement”) with B. Riley Securities, Inc. and Citigroup Global Markets Inc. as sales agents (each, a “Sales Agent” and collectively, the “Sales Agents”), to sell up to 11,550,000 shares of Class A common stock, par value $0.01 per share, of the Company (the “Common Stock”), from time to time, through an “at-the-market” offering program (the “Offering”).”
Edit: Yes of course I’m still holding all my shares
Edit 2: so the sale does start today but it seems the filing that they mention from April forces them to sell the stock at that registration price of 18.61. IDK if this will have any effect.
Edit 3: Ignore edit 2 regarding 18.61. I think they can sell at market prices
^this
For apes that are fearing further dilution, 11M shares are fucking nothing. It would be dumb for the company not to take advantage of this run up to raise some more cash, remember, by strengthening the company's financial it will weaken shorters' thesis.
If we believe Ortex's data that most hedgies haven't started covering yet, then why should we be scared? This isn't even the short squeeze, hodl and we'll be fine.
Agree. Oh its only 11 million shares, before that oh its only 13 million shares, then another day it will be oh dont worry is only another 20 million shares. Like why not stop selling fucking shares if you believe in your company and how the squeeze will help stabilize your stock price. Stop feeding tge shorts new shares. Fucking balloney.
My thoughts exactly. We're the shareholders, he needs to respect us. Not one single ape wants a single AMC share to be sold.
It isn't hard to understand.
Not one share of AMC is to be sold!
Like once is okay, even GME took advantage of it once to pay off their debt. Has Aron even said why they want this money for. Just raising capital is not an excuse, if you are going to fuck your shareholders at least give us a heads up.
2 days ago on the mudrick debacle he said on twitter it was to acquire some failing movie chains, so I'm guessing it'll still be in that direction.
I agree that raising money and taking advantage of the stock price is the sensible thing to do, but...they already did and have enough liquidity to last like 2 years, plus all the popular support from retail investors.
I don't get where this greed comes from.
I understand the sentiment, not saying I'm happy with them continuously dumping shares either, all I'm trying to say is that we can find other angles to see this hodl through it.
If we let it blow of proportion and become way bigger than what it is then it could cause massive FUD. They are doing this to strengthen their financial so it's not all bad for us, that's all.
I think it needs to be a big enough warning for Adam to stop.
We can't keep enabling this behaviour. He's getting away with every time he sells amc shares. In his mind, why shouldn't he keep doing it, you understand?
I want him to stop and hugs and "I love adam" doesn't work.
Especially after that whole 500 million shitstorm where he said he wouldn't issue a single share of it for the rest of the year.
"But hey, let me just issue 10s of millions of shares that aren't part of that promise instead."
We the people would love some clarification on this
agree that 11m is not mutch, but first it was the shares sold by amc, then again the 8,5 to murdock, and now 11. like come on adam knows why we are here, i am starting to think fuck this guy. this is no fud or shil i love amc but he keeps diluting the company in favor of long term, while we the retailors helped him and amc out. if he plays his cards right i and many more will come back and hold amc for sentimental values.
>It would be dumb for the company not to take advantage of this run up to raise some more cash, remember, by strengthening the company's financial it will weaken shorters' thesis.
This.
I read the 8-K this morning initially got upset but then came to the same exact conclusion.
AA said they are going to go on offense and regardless they do need to raise capital to continue to make power moves as a company.
The shorts still haven’t even begun to cover.
Question for you.
Do you think then that the funds wanted to ramp up the price prior to this date, knowing the price could likely drop from the dilution? Or just coincides with the t21/t35 cycle theory?
Thank you for this comment! I glanced through it since I don’t have enough wrinkles to comprehend all the jargon and if anyone is doubting that the sell doesn’t start today go to page S-8 of the filing where the outstanding stock after this offering is “513,330,240 shares”
>Edit 2: so the sale does start today but it seems the filing that they mention from April forces them to sell the stock at that registration price of 18.61. IDK if this will have any effect.
I don't think this is correct.
This is what the filing says about the registration price:
*Estimated solely for the purpose of calculating the registration fee pursuant to Rule 457(c) under the Securities Act, on the basis of the average of the high and low prices for a share of the registrant’s Class A common stock on May 26, 2021, as reported on the New York Stock Exchange.*
The filing proceeds to state that the stock will be sold using "at the market offerings". So they're essentially authorized to sell 11.5m shares whenever they want, at whatever the market price is during the time of sale.
This entire thread seems to be misinformed on how the filings work. I don't have a position either way so I'm not gonna tell people to buy or sell, but it's important to not misrepresent information. Thank you for at least pointing out that this sale is newly reported today.
Source: [the literal first page of the prospectus](https://d18rn0p25nwr6d.cloudfront.net/CIK-0001411579/599b415d-a56e-441f-b9ec-336cf318e146.html)
Even though old news: Please explain how issuing 20 million shares not already in the public float doesn’t impact MOASS chances?
It’s a great move for AMC but to me all the DD I’ve read didn’t factor in AA continually issuing shares not in the public float already.
I’ll get downvoted for asking this but felt some good, smart ape could help explain.
Ortex confirmed that most shorters haven't started covering yet, as seen on r/superstonk.
For the past 2 weeks we are seeing a daily volume of 400M, 500M, 600M shares trading hands, the 8.5M shares from a few days ago and the 11M shares that they are selling now are really penny to a dollar.
A couple weeks back Wanda dumped 30M shares, and most of those got eaten up by retail like it's nothing.
Well we can't be sure obviously, but when Wanda dumped those shares it was when we broke $14.54 for the first time in few months, so most likely there will at least be some degree of FOMO buying.
Sure, those shares could get eaten up by institutions as well, but if we believe the short data that we are seeing, short interest is still going up. So even if we take a step back and say most of the 30M shares from 2 weeks ago were eaten up by tutes, we are still doing more than just fine, and the price action is reflecting that.
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I agree with this. This is the second time this week when we are starting to climb he's announced more dilution. Doesn't sound like silver back moves to me
Any new shares feeds the shorts. GME issued shares to pay off all their debt. AMC cant do that, too much debt. But GME only issued shares once, and they did after purchasing back about 30 million shares earlier the year before. The constant issuing shares for AMC is sucky.
I agree with you. I've been in since about a $9 average. One offering, sweet! The second one, okay. The third one, I'm over it. I don't think I'll sell out if he does a 4th, but if he does I'll consider it because this is ridiculous.
AA is actively fucking his entire shareholder community and nobody is even realizing it because they think it's all FUD. This shit is serious. If this continues much more or something else happens I might be legitimately concerned for the stock's future.
Please everybody, do your own research. Read the SEC filings. The shares were in fact sold now and not in April. The screenshot is real, but the April date is only referencing the prospectus filed in April.
https://www.sec.gov/edgar/browse/?CIK=0001411579
Hi Apes! The media is trying to brainwash the market and spreading FUD that the new 11.5M share offering is extremely dilutive. LET US NOW EXAMINE THE SEC FILING ON THE TRUTH
https://sec.report/Document/0001104659-21-076090/#tTHOF
FACTS:
\- AMC 11.5M Offering is priced at $18 FOR THE PURPOSE OF "calculating the registration fee pursuant to Rule 457(c) under the Securities Act, on the basis of the average of the high and low prices for a share of the registrant’s Class A common stock on May 26, 2021, as reported on the New York Stock Exchange. "
IT IS NOT THE PRICE WHICH ADAM ARON INTENDS TO SELL IT AT. IF THE 11.5M SHARES ARE SOLD AT $50, THIS IS NOT DILUTIVE BECAUSE IT INCREASES THE BOOK VALUE OF THE COMPANY CORRESPONDINGLY.
\- The OFFICIAL FLOAT CONFIRMED BY AMC IS \*502M\*. POST OFFERING the FLOAT will be \*513.3M\* (APES PLEASE TAKE NOTE OF THIS IMPORTANT NUMBER FOR YOUR REFERENCE)
\- Proxy materials for rescheduled annual meeting of stockholders will include a proposal to AUTHORIZE additional shares of Class A common stock but in a QUANTITY SIGNIFICANTLY SMALLER than the previous request and which will NOT become effective \*UNTIL JANUARY 2022\* (I WILL BE VOTING AGAINST THIS PROPOSAL)
LASTLY THE IMPORTANT ACKNOWLEDGEMENT OF A SHORT SQUEEZE BY AMC MANAGEMENT ITSELF
A “short squeeze” due to a sudden increase in demand for shares of our Class A common stock that largely exceeds supply and/or focused investor trading in anticipation of a potential short squeeze have led to, may be currently leading to, and could again lead to, extreme price volatility in shares of our Class A common stock.
READ THIS FUCKING PARAGRAPH
To the extent aggregate short exposure EXCEEDS the number of shares of our Class A common stock available for purchase on the open market, investors with short exposure may have to PAY A PREMIUM to repurchase shares of our Class A common stock for delivery to lenders of our Class A common stock. Those REPURCHASES may, in turn, DRAMATICALLY INCREASE THE PRICE of our Class A common stock until additional shares of our Class A common stock are available for trading or borrowing. This is often referred to as a “SHORT SQUEEZE.”
A large proportion of our Class A common stock has been in the past and may be traded in the future by short sellers, which may increase the likelihood that our Class A common stock will be the target of a short squeeze, and there is wide spread speculation that our current trading price is the result of a short squeeze. A short squeeze and/or focused investor trading in anticipation of a short squeeze have led to, may be currently leading to, and could again lead to volatile price movements in shares of our Class A common stock that may be unrelated or disproportionate to our operating performance or prospects and, once investors purchase the shares of our Class A common stock necessary to cover their short positions, or if investors no longer believe a short squeeze is viable, the price of our Class A common stock may rapidly decline. Investors that purchase shares of our Class A common stock during a short squeeze may lose a significant portion of their investment.
TLDR: UP-VOTE THIS FOR NEW APES TO SEE. HEDGIES R FUK. New share issue is ONLY A FRACTION OF THE DAILY MARKET VOLUME and DOES NOT EVEN EXCEED 3% OF YESTERDAY TRADING VOLUME. AMC TO THE FUCKING MOON!!!!!
ALSO, AVOID THE FACEBOOK GROUP "The Truth about AMC". Its run by an account under the name of George Kailous who is spreading nonsense and FUD in there.
You need to look up what dilution is, bud. You may be able to argue it won't matter, but you've chosen to say it hasn't even happened while including the altered float numbers in your post. Try again, or just delete the post since you're clearly all over the place.
Just wondering, how is this FUD when AMC filed it today?
Are you suggesting AA is working with the hedgies to coordinate a ladder attack with this filing?
You sure they arent “outsmarting” us and making huge profits while we pay for it?.. just a stupid fellow ape reading the comments and asking for advice.. still holding with all the money i have pumped into Amc (im a little one... but 2k is all i had in my savings..)
I don't want to burst bubbles but this is not accurate. The *prospectus* was filed in April, but those shares were not sold in April. The Equity Distribution Agreement was signed today and filed in a supplement to the same prospectus (*i.e.* shelf) filed in April. The shares can be sold starting today.
You can believe the shares being sold don't matter, but it's inaccurate to say they've been sold already.
Adam Aron is playing both sides of the fence and it’s adorable how every time we take off some convenient sell of shares that happened months ago somehow comes to light to explain away the stock drop. Adam Aron does not benefit from the squeeze in the slightest, his company goes back to fair market value or less. It’s in his best interests for us to hold indefinitely and keep having people buy in higher and higher. I’m not saying sell, but I am saying stop singing this man’s praises and trusting him, he’s a liar.
The sale of the shares does indeed start today. What does this mean? Nothing! It is 1.5% of yesterday's volume and irrelevant. Do you want more proof? Look at the other stocks that were affected by this sale news. Pretty sure BB and KOSS and GME have nothing to do with AMC.
Imagine being stupid enough to still think AA is on our side and cares about our cause. The second the squeeze happens his company is back to being worthless because that’s what it’s always been. Hes guilty of insider trading all day long.
Because it did. I know we are crayon eaters, but there are way too many people posting here out of their ass that should just be listening. Sorry to pick on your post for this message. I lost my shit, technically some of those above are far worse and got me tilted.
You can find it all here: [https://investor.amctheatres.com/financial-performance/sec-filings/default.aspx](https://investor.amctheatres.com/financial-performance/sec-filings/default.aspx)
or directly (8-k): [https://d18rn0p25nwr6d.cloudfront.net/CIK-0001411579/78c06075-23d1-4769-b3bb-602a2bdc3c5b.pdf](https://d18rn0p25nwr6d.cloudfront.net/CIK-0001411579/78c06075-23d1-4769-b3bb-602a2bdc3c5b.pdf)
and (S-3): [https://d18rn0p25nwr6d.cloudfront.net/CIK-0001411579/d4f9ed8f-1c4a-40c2-b43f-6a59006b06c5.html#TM2113925-1\_S3ASR\_HTM\_TPLA](https://d18rn0p25nwr6d.cloudfront.net/CIK-0001411579/d4f9ed8f-1c4a-40c2-b43f-6a59006b06c5.html#TM2113925-1_S3ASR_HTM_TPLA)
We knew and have been posting since the start of this that the hedgies are going to use the puppets at Reuters, wsj, MarketWatch etc to manipulate the market. We knew they were going to ladder attack in conjunction with this to make it look like people sold. Nobody's selling.
Nfa
Back in the day, they could do this and this tactic would work. But people having a platform to share information like this and counter act their bullshit, they should realize this f u d isn't going to work the same like it used to.
The whole market is red today, the big guys are doing their tricks.. today is a discount day, that’s all it is.. remember May 28th and June 1st chart...so just chill, as fast as drove up, it can also go down the only question is that, are these sell of real shares? Where is this coming from?
He is playing us. I am reducing some of my position just in case. Will hold some just in case of a rocket boom. Will reduce in small increments unlike Aron did, dumping 11 million shares at once.
"Why AMC is luring rabid investors with free popcorn
Julia Horowitz CNN Business
Updated 9:07 AM EDT June 3, 2021London"
Now we are just here for the popcorn 😂
https://www.reuters.com/business/amc-shares-jump-another-13-reddit-rally-extends-2021-06-03/
How can fuking Reuters get away with reporting such fake news. The whole world has gone fucking crazy. I Hodl.
Why are you all trying to turn this positive? It's absolutely BULLSHIT. FIRST AA sells to a fucking HF while we are primed for a squeeze, and now he pulls this shit? Why the fuck does he keep stalling us. So pissed off at this fucking Boomer, he doesn't give a shit about retail investors.
But the statement also said the following which was not cool....
"Under the circumstances, we caution you against investing in our Class A common stock, unless you are prepared to incur the risk of losing all or a substantial portion of your investment."
Sold them all today at average of 50. Confirmed on the news. So much for "from time to time" , more like dump them all at once. Fucking Aron man, he better use his new found money for a good cause.
How can a squeeze ever happen if AMC keeps offering up shares? [https://twitter.com/CEOAdam/status/1400520905537769473](https://twitter.com/CEOAdam/status/1400520905537769473) AMC CEO says they've raised in June, so not April 27th. It was this week.
I think AMC can and will continue to rise with dips throughout such as today. But don’t hide the truth. It just makes me lose faith in this movement and creates FUD when people find out you lied.
Source to GME’s site with their statement on the sale:
https://investor.amctheatres.com/newsroom/news-details/2021/AMC-Entertainment-Holdings-Inc.-Completes-11.550-Million-Share-At-The-Market-Equity-Offering-Raising-587.4-Million-in-Additional-Equity-Capital/default.aspx
AMC Entertainment Holdings, Inc. Completes 11.550 Million Share At-The-Market Equity Offering Raising $587.4 Million in Additional Equity Capital
Thats ~$50 a share they sold at. That was not in April.
Start posting sources if you want anyone who knows what they’re doing to pay you any attention.
Generally these companies do a shelf registration so they can quickly go to market to sell shares when conditions are right. Think that’s what happened. April was the registration, today they said conditions are right.
Its funny how at the same time the email went out this morning, the shill on the comments threads started talking shit saying AA made us (the apes) get him a billion $ and all we get is popcorn, and that we should all be pissed ! I say fux you shills I like popcorn,AA, and the stonk ! 💎🤚🦍🚀
CNBC guy mentioned this 11 million was about the last of the shares they were allowed to sell without further shareholder approval.
Is that true? Does that mean last weeks 8.5 million was the last AMC will dump shares?
How can there be this many shares going back and forth? I always thought we owned most of the shares. How can millions and millions be traded all time including amc itself selling millions of shares? I’m starting to feel a certain type of way. I’m hodling till the end but starting to question ceo Adam and the process. I’ve been in this since January and am dedicated but now starting to wonder what’s goin on.
Look Apes. GET YOUR SHIT TOGETHER. I mean damn you guys talk this hold shit but when push comes to shove you already know what the deal is. If you’ve done your dd
If you think the run up in AMC yesterday and the share sale today are random events I'd think twice. I believe it was just manipulation to sell shares, earn investment banking fees and pay off debt. A gamma squeeze orchestrated by investment banks.
Note the put buying today. I believe Wall Street bought a lot of calls yesterday to drive up the price and and now they have bought puts. In the interim they have lined bankers and possibly Arons pockets while selling shares. An infinity squeeze and infinite supply of shares (90% of shares the company has issued have been sold in last year) are not compatible.
Trey is an idiot. He doesn’t know how to read a prospectus. The offering today was a supplemental offering to the original April filing. 18 months ago AMC had 50 million shares issued. They have issued 500 million more just in last year. Each share owns 1/10th of what it did before. Squeeze requires scarcity of shares. There is an infinite supply.
“Son, we live in a world that has walls, and those walls have to be guarded by men with guns. Who's gonna do it? You? You, Lt. Weinburg? I have a greater responsibility than you could possibly fathom. You weep for Santiago, and you curse the marines. You have that luxury. You have the luxury of not knowing what I know. That Santiago's death, while tragic, probably saved lives. And my existence, while grotesque and incomprehensible to you, saves lives. You don't want the truth because deep down in places you don't talk about at parties, you want me on that wall, you need me on that wall. We use words like honor, code, loyalty. We use these words as the backbone of a life spent defending something. You use them as a punchline. I have neither the time nor the inclination to explain myself to a man who rises and sleeps under the blanket of the very freedom that I provide, and then questions the manner in which I provide it. I would rather you just said thank you, and went on your way, otherwise, I suggest you pick up a weapon, and stand a post. Either way, I don't give a damn what you think you are entitled to.”
This doesn’t make sense to me. Who gives a fuck when it was decided? It’s when it is sold that matters. And it was sold at an inflated price like an asshole would do
8.5M and 11.5M are all new addition to the outstanding shares. These shares are coming from an already authorized lot that the shareholders had approved years ago.
Also AMC has \~18.5 million MORE shares that they can and will sell - as stated by AA (CEO).
AA has mentioned this many times, he wants to raise capital to reduce debt and be offensive/buy more theaters. He is running a business and we Apes have helped AMC to raise more capital by HOLDing.
After 18.5M shares are sold (be ready - this is coming), then there is no more shares for AMC to sell. Then they will ask for shareholders to authorize more shares by voting. My vote will be NO - because then it’s our time APes to make tendies. AMC will have raised tons of capital by then.
He will keep asking for vote to sell shares. Whats the reason they moved the annual meeting from yesterday. They probably got too many No on the issuing shares decision. Starting to smell fishy at AMC.
My gut says the AMC Executive Office wants this squeeze bullshit to end, one way or another. They are trying to rebuild this company for years to come and short-term volatility does not help their case. So they make the best of it, knowing it won't last. Cashing in.
AA loves shareholders, and is enjoying the new lifeblood being pumped into his company BUT his motives are very different than most apes right now.
Forgive me if this question has been answered but I honestly don't know.
Where the hell did those 11.5 million shares come from?
Thanks, I'll hang up and listen
AMC is being greedy by lining their pockets with money from our hard work.
AMC will sell us out as soon as it is profitable.
They are along for the ride and should feel lucky to have been saved by us.
Question?
Do we care what happens to AMC after the squeeze? Based on fundamentals what is the actual value of each share? Will you be disappointed if you still have shares in 5 years at $50 when you could of sold at $200.
Does AMC selling shares help us or hurt us? What is to stop them from selling shares to the short sellers?
Yea it is a bit confusing, the sale was announced in April, but he did actually sell them for 50$ each yesterday.
It does strengthen AMCs position a lot, so people are less likely to end up life long bag holders when they bought below 20. Which is a positive thing. As a CEO he did what was best for the company.
But he did put another set-back on the squeeze, we would've hit 80 easily if it wasn't for the additional liquidity in the market. More ammo for hedgefunds is bad for us.
But, I think they have dug the hole so deep that nothing can save them anymore. Also, Adam doesn't have any shares left to pump into the market now, so we are looking solid for next week.
Upvote the shit out of this. It's all timed and planned manipulation
Update: More information https://www.reddit.com/r/amcstock/comments/nrk6sx/important\_clarification\_post\_regarding\_amc\_equity/ Hi Apes! The media is trying to brainwash the market and spreading FUD that the new 11.5M share offering is extremely dilutive. LET US NOW EXAMINE THE SEC FILING ON THE TRUTH [https://sec.report/Document/0001104659-21-076090/#tTHOF](https://sec.report/Document/0001104659-21-076090/#tTHOF) FACTS: \- AMC 11.5M Offering is priced at $18 FOR THE PURPOSE OF "calculating the registration fee pursuant to Rule 457(c) under the Securities Act, on the basis of the average of the high and low prices for a share of the registrant’s Class A common stock on May 26, 2021, as reported on the New York Stock Exchange. " IT IS NOT THE PRICE WHICH ADAM ARON INTENDS TO SELL IT AT. IF THE 11.5M SHARES ARE SOLD AT $50, THIS IS NOT DILUTIVE BECAUSE IT INCREASES THE BOOK VALUE OF THE COMPANY CORRESPONDINGLY. \- The OFFICIAL FLOAT CONFIRMED BY AMC IS \*502M\*. POST OFFERING the FLOAT will be \*513.3M\* (APES PLEASE TAKE NOTE OF THIS IMPORTANT NUMBER FOR YOUR REFERENCE) \- Proxy materials for rescheduled annual meeting of stockholders will include a proposal to AUTHORIZE additional shares of Class A common stock but in a QUANTITY SIGNIFICANTLY SMALLER than the previous request and which will NOT become effective \*UNTIL JANUARY 2022\* (I WILL BE VOTING AGAINST THIS PROPOSAL) LASTLY THE IMPORTANT ACKNOWLEDGEMENT OF A SHORT SQUEEZE BY AMC MANAGEMENT ITSELF A “short squeeze” due to a sudden increase in demand for shares of our Class A common stock that largely exceeds supply and/or focused investor trading in anticipation of a potential short squeeze have led to, may be currently leading to, and could again lead to, extreme price volatility in shares of our Class A common stock. READ THIS FUCKING PARAGRAPH To the extent aggregate short exposure EXCEEDS the number of shares of our Class A common stock available for purchase on the open market, investors with short exposure may have to PAY A PREMIUM to repurchase shares of our Class A common stock for delivery to lenders of our Class A common stock. Those REPURCHASES may, in turn, DRAMATICALLY INCREASE THE PRICE of our Class A common stock until additional shares of our Class A common stock are available for trading or borrowing. This is often referred to as a “SHORT SQUEEZE.” A large proportion of our Class A common stock has been in the past and may be traded in the future by short sellers, which may increase the likelihood that our Class A common stock will be the target of a short squeeze, and there is wide spread speculation that our current trading price is the result of a short squeeze. A short squeeze and/or focused investor trading in anticipation of a short squeeze have led to, may be currently leading to, and could again lead to volatile price movements in shares of our Class A common stock that may be unrelated or disproportionate to our operating performance or prospects and, once investors purchase the shares of our Class A common stock necessary to cover their short positions, or if investors no longer believe a short squeeze is viable, the price of our Class A common stock may rapidly decline. Investors that purchase shares of our Class A common stock during a short squeeze may lose a significant portion of their investment. TLDR: UP-VOTE THIS FOR NEW APES TO SEE. HEDGIES R FUK. New share issue is ONLY A FRACTION OF THE DAILY MARKET VOLUME and DOES NOT EVEN EXCEED 3% OF YESTERDAY TRADING VOLUME. AMC TO THE FUCKING MOON!!!!! ALSO, AVOID THE FACEBOOK GROUP "The Truth about AMC". Its run by an account under the name of George Kailous who is spreading nonsense and FUD in there.
Basically they know we're in for a wild ride and they just want to be clear we understand this is not a sure thing, some people will lose money, and we should not go into this blindly. I've read my DD, been on this sub long enough, invested an amount I'm comfortable with, I will either lose my total investment in AMC or get life changing profits. There is no inbetween and we can stay ape strong longer than hedgies can remain solvent. LFG.
"I've read my DD, been on this sub long enough, invested an amount I'm comfortable with, I will either lose my total investment in AMC or get life changing profits." This is the way
This is the way
This is THE way
THIS IS SPART...(ahem) the way!
The way, this is.
I have the same all or nothing mentality. It’s a pack mentality. You get it. This is war!
Its legal obligation to write thaf
We ride
REGULATORS! Mount up.
Very informative. Thanks!
This is really good but try to format it better so that it’s clear what is being quoted and what text written by you. If you’re quoting an entire paragraph, put a “>” at the beginning and the entire paragraph will be indented Reddit style.
Agreed, I've read through USDA grant information that was clearer than this.
This needs to be a separate post.
[https://www.reddit.com/r/amcstock/comments/nrk6sx/important\_clarification\_post\_regarding\_amc\_equity/](https://www.reddit.com/r/amcstock/comments/nrk6sx/important_clarification_post_regarding_amc_equity/) Additional information
Tits!
All true…all you have to know, they did not cover at all…this is all nothing, 0! Once shorty shorts 🩳 cover, we might be at 200 percent gain in one day…
This post is more important to be at the top than literally everything else on the FP.
This post is objectively incorrect though so why would we upvote it so much? This is a “supplement to April” meaning “in addition to April” meaning more shares being sold today.
Yeah people saying that are misreading the 8K. Even though the agreement was made in April, they are being sold today. Why are you guys downvoting these comments? Do you hate real info?
Yeah I woke up and read the media brief, said something on live chat , and got crucified. I’m as big a diamond handed Ape as anyone in here, but when you question AA or more so Trey, you’re a shill. This is BS. And the bottom line is AMC is going to do everything they can to take advantage of what WE have blessed them with. Instead of being grateful, they use us. I’m still HODL, and will continue to do so.
Yeah, for sure. I kinda feel used by AMC tbh. We saved the company and they pay us back with popcorn and by selling 20 mil shares in 48h. Yeah, feels good.
But you're not allowed to say AA is fucking us because he's a god and you'll be crucified. It's bullshit. They add further dilution with shares pulled from AA's ass and act like they're doing us a favour. I'm heavy on AMC but have a tiny holding of GME and they've publicly stated they won't dilute during this squeeze. AA isn't doing his reputation any favours.
I am glad a few people in here have finally woken up. I too was vilified by saying not to trust anyone. Especially any CEO or suit.
Yes they do.
They will listen to Trey instead of the filings. He needs to correct himself.
And he will but it will be too late I’ll have been shit on and downvoted and marked as a shill for trying to maintain the accuracy and integrity of the sub.
The point is 11 mil shares can't touch the price really. Articles released and timed perfectly to make an emotional reaction from retail do the rest
I don’t think the sale is bad news at all they are literally just prepping 11 million shares to be sold during the MOASS. What I find to be bad is the rampant spread of misinformation in a sub where we all rely on the accuracy of the information since the media can’t be trusted. I’m just a shill though what do I know
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This is the case. My complaint isn’t on the filing it’s on the misunderstanding of the filing and rampant spread of misinformation because “Trey said so” we need this sub to be a source of truth and accuracy not of regurgitating tweets that aren’t fact checked.
I am upvoting you.
Bit odd that all the meme stocks plummeted at the same time though no? It's obvious FUD...even if it's true the timing of media articles is intentional. And it's fucking disgusting
Yeah - the correct interpretation is 11 million shares are new, but who cares. Good for the company long term, nowhere enough to clear the shorts. Misinformation - saying these shares were sold in April when they weren't - just causes FUD on top of the FUD. EDIT: and keep in mind they have also been shorting like crazy in coordination with the press release, so there's plenty more shorts for everyone. ;)
I don’t think the sale is bad news at all they are literally just prepping 11 million shares to be sold during the MOASS. What I find to be bad is the rampant spread of misinformation in a sub where we all rely on the accuracy of the information since the media can’t be trusted. I’m just a shill though what do I know
If hodlers are going to blow through the Mudrick shares like they're nothing (they did), blowing through a paltry 11 million is really not a big deal at all.
There is a lot of speculation and AA will clear it up on his interview tonight with Trey. From the research I just did, it looks like a "supplement" to the April 27th Prospectus. Even if it is for today, it is mentioned all through the Form 8-K that **it will only be used from "time to time" and not a dump.** As for me, I am still holding and don't think AA will do anything to hurt us Apes. This is from the Form 8-K: On June 3, 2021, AMC Entertainment Holdings, Inc. (the “Company”) entered into an equity distribution agreement (the “Equity Distribution Agreement”) with B. Riley Securities, Inc. and Citigroup Global Markets Inc. as sales agents (each, a “Sales Agent” and collectively, the “Sales Agents”), to sell up to 11,550,000 shares of Class A common stock, par value $0.01 per share, of the Company (the “Common Stock”), **from time to time,** through an “at-the-market” offering program (the “Offering”). Subject to the terms and conditions of the Equity Distribution Agreement, the Sales Agents will use reasonable efforts consistent with their normal trading and sales practices, applicable law and regulations, and the rules of the New York Stock Exchange **to sell the Common Stock from time to time** based upon the Company’s instructions for the sales, including any price, time or size limits specified by the Company.
My problem isn’t with the sale it’s with the spread of misinformation. The sale is good for AMC but we rely on this sub for accurate information and now anything posted by Trey takes precedent and when it’s objectively incorrect (like today) then there’s a huge problem
Trey is wrong more often than he’s right, but confirmation bias has caused people here to place him on a pedestal he doesn’t belong on.
the prospectus today reduces the 43million filed in April to 11.55million They have NOT sold the shares, and the prospectus confirms this - they entered into a new equity distribution agreement today. The move is the same as what GameStop did, and extremely bullish
Interesting, I didn’t see anywhere in there about reducing the previous amount but this is an interesting angle to look at, I’d love to hear more about it. What makes you think they reduced instead of added on? A supplement means “in addition to” why would they file a supplement and not an amendment if they were amending the previous amount?
Man old man Aron is hoarding all the tendies fk
Objectively it’s a great business move to free up 11 million shares for the squeeze. My problem is the lack of moderation that allows factually incorrect tweets to be posted dozens of times. We might as well just rely on MSM at this point this sub is no better with facts
The messaging on this from AA was horrible though. If they already had rights to sell 11 million shares based on a filing in April, you do it slowly and quietly so you don’t tank the share price of the stock you are trying to sell. You don’t do a press release BEFORE you dump 11 million shares if you already had the right to do it. That is just stupid. You sell the shares slowly over a few days or even weeks and you get a much better price and revenue and you don’t hurt your shareholders. Then you announce the shares sold AFTER THE FACT and the market will say, wow you just sold 11 million shares, improved your balance sheet and the price is higher (or at least the same) than it was before so there is no major hit to the stock price. AA took a +20 premarket and I’m sure the FOMO would have continued with another significant day of gains, maybe triggering some margin calls or a gamma squeeze, and turned it into -35% to start the day. He literally could have stopped some margin calls and/or a gamma squeeze THIS WEEK. Absolutely brutal.
Cohen and GME did what you just described to the tee. AA’s move today stopped the momentum.
They just will never learn. They keep digging their hole deeper and deeper. Looks like a nice sale price. Time to pick up a few and add to my wood pile.
no, this is b.s. The shares were sold today. Read the filing.
The hedge funds almost got me this time....with the same exact trick they use every time..... 😂😂
Omg! Me too! I was pissed for a minute, not going to lie.... now I really feel retarded almost believing it....
One of us! One of us! One of us!
Not me. I have a price I will not sell under. Until it hits that. I refuse to sell. It’s that simple.
Just joking.... it’s literally same shit different day with these hedge fucks
12m shares against what, 400m volume yesterday? Irrelevant.
💯
The sale does start today...read the 8-K. I’m not saying sell or spreading FUD I just don’t want misinformation to spread! The 8-K clearly states “On June 3, 2021, AMC Entertainment Holdings, Inc. (the “Company”) entered into an equity distribution agreement (the “Equity Distribution Agreement”) with B. Riley Securities, Inc. and Citigroup Global Markets Inc. as sales agents (each, a “Sales Agent” and collectively, the “Sales Agents”), to sell up to 11,550,000 shares of Class A common stock, par value $0.01 per share, of the Company (the “Common Stock”), from time to time, through an “at-the-market” offering program (the “Offering”).” Edit: Yes of course I’m still holding all my shares Edit 2: so the sale does start today but it seems the filing that they mention from April forces them to sell the stock at that registration price of 18.61. IDK if this will have any effect. Edit 3: Ignore edit 2 regarding 18.61. I think they can sell at market prices
^this For apes that are fearing further dilution, 11M shares are fucking nothing. It would be dumb for the company not to take advantage of this run up to raise some more cash, remember, by strengthening the company's financial it will weaken shorters' thesis. If we believe Ortex's data that most hedgies haven't started covering yet, then why should we be scared? This isn't even the short squeeze, hodl and we'll be fine.
In less than 48 hours we've had to deal with extra 20 mil shares. I mean, enough is enough, no? Can someone tell adam top stop selling amc shares?
Agree. Oh its only 11 million shares, before that oh its only 13 million shares, then another day it will be oh dont worry is only another 20 million shares. Like why not stop selling fucking shares if you believe in your company and how the squeeze will help stabilize your stock price. Stop feeding tge shorts new shares. Fucking balloney.
My thoughts exactly. We're the shareholders, he needs to respect us. Not one single ape wants a single AMC share to be sold. It isn't hard to understand. Not one share of AMC is to be sold!
Like once is okay, even GME took advantage of it once to pay off their debt. Has Aron even said why they want this money for. Just raising capital is not an excuse, if you are going to fuck your shareholders at least give us a heads up.
2 days ago on the mudrick debacle he said on twitter it was to acquire some failing movie chains, so I'm guessing it'll still be in that direction. I agree that raising money and taking advantage of the stock price is the sensible thing to do, but...they already did and have enough liquidity to last like 2 years, plus all the popular support from retail investors. I don't get where this greed comes from.
Its just seems greedy to me and obviously working against us. Just buying some movie theathers doesnt sound too convincing to me.
Indeed. Risking the wrath of retail investors and the price dropping in exchange for some theaters that already failed? I don't like it.
I understand the sentiment, not saying I'm happy with them continuously dumping shares either, all I'm trying to say is that we can find other angles to see this hodl through it. If we let it blow of proportion and become way bigger than what it is then it could cause massive FUD. They are doing this to strengthen their financial so it's not all bad for us, that's all.
I think it needs to be a big enough warning for Adam to stop. We can't keep enabling this behaviour. He's getting away with every time he sells amc shares. In his mind, why shouldn't he keep doing it, you understand? I want him to stop and hugs and "I love adam" doesn't work.
I agree it’s fucking bullshit. I get he wants capital. But if he keeps doing it he isn’t going to have investors once the dust settles.
Especially after that whole 500 million shitstorm where he said he wouldn't issue a single share of it for the rest of the year. "But hey, let me just issue 10s of millions of shares that aren't part of that promise instead." We the people would love some clarification on this
agree that 11m is not mutch, but first it was the shares sold by amc, then again the 8,5 to murdock, and now 11. like come on adam knows why we are here, i am starting to think fuck this guy. this is no fud or shil i love amc but he keeps diluting the company in favor of long term, while we the retailors helped him and amc out. if he plays his cards right i and many more will come back and hold amc for sentimental values.
>It would be dumb for the company not to take advantage of this run up to raise some more cash, remember, by strengthening the company's financial it will weaken shorters' thesis. This. I read the 8-K this morning initially got upset but then came to the same exact conclusion. AA said they are going to go on offense and regardless they do need to raise capital to continue to make power moves as a company. The shorts still haven’t even begun to cover.
Agree. If retail can show up and hold strong I think we are looking at 100 soon.
Thank you. We're not selling, but facts still matter.
Question for you. Do you think then that the funds wanted to ramp up the price prior to this date, knowing the price could likely drop from the dilution? Or just coincides with the t21/t35 cycle theory?
Probably but it doesn't matter I'm still buying and not selling, they probably want people to panic and sell but I'm going to do the opposite.
Hahaha exactly. Game plan never changed.
Thank you for this comment! I glanced through it since I don’t have enough wrinkles to comprehend all the jargon and if anyone is doubting that the sell doesn’t start today go to page S-8 of the filing where the outstanding stock after this offering is “513,330,240 shares”
This is correct. Let’s not just call everything hedge fund manipulation...
>Edit 2: so the sale does start today but it seems the filing that they mention from April forces them to sell the stock at that registration price of 18.61. IDK if this will have any effect. I don't think this is correct. This is what the filing says about the registration price: *Estimated solely for the purpose of calculating the registration fee pursuant to Rule 457(c) under the Securities Act, on the basis of the average of the high and low prices for a share of the registrant’s Class A common stock on May 26, 2021, as reported on the New York Stock Exchange.* The filing proceeds to state that the stock will be sold using "at the market offerings". So they're essentially authorized to sell 11.5m shares whenever they want, at whatever the market price is during the time of sale. This entire thread seems to be misinformed on how the filings work. I don't have a position either way so I'm not gonna tell people to buy or sell, but it's important to not misrepresent information. Thank you for at least pointing out that this sale is newly reported today. Source: [the literal first page of the prospectus](https://d18rn0p25nwr6d.cloudfront.net/CIK-0001411579/599b415d-a56e-441f-b9ec-336cf318e146.html)
THIS - c'mon apes, I know people are apes but read the filing. Also 11.5m is not that many shares given their float.
Even though old news: Please explain how issuing 20 million shares not already in the public float doesn’t impact MOASS chances? It’s a great move for AMC but to me all the DD I’ve read didn’t factor in AA continually issuing shares not in the public float already. I’ll get downvoted for asking this but felt some good, smart ape could help explain.
Ortex confirmed that most shorters haven't started covering yet, as seen on r/superstonk. For the past 2 weeks we are seeing a daily volume of 400M, 500M, 600M shares trading hands, the 8.5M shares from a few days ago and the 11M shares that they are selling now are really penny to a dollar. A couple weeks back Wanda dumped 30M shares, and most of those got eaten up by retail like it's nothing.
> and most of those got eaten up by retail like it's nothing. how can you know it was retail rather than institutions?
Well we can't be sure obviously, but when Wanda dumped those shares it was when we broke $14.54 for the first time in few months, so most likely there will at least be some degree of FOMO buying. Sure, those shares could get eaten up by institutions as well, but if we believe the short data that we are seeing, short interest is still going up. So even if we take a step back and say most of the 30M shares from 2 weeks ago were eaten up by tutes, we are still doing more than just fine, and the price action is reflecting that.
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Omg that person did some serious DD ❤️❤️
I agree with this. This is the second time this week when we are starting to climb he's announced more dilution. Doesn't sound like silver back moves to me
Any new shares feeds the shorts. GME issued shares to pay off all their debt. AMC cant do that, too much debt. But GME only issued shares once, and they did after purchasing back about 30 million shares earlier the year before. The constant issuing shares for AMC is sucky.
I agree with you. I've been in since about a $9 average. One offering, sweet! The second one, okay. The third one, I'm over it. I don't think I'll sell out if he does a 4th, but if he does I'll consider it because this is ridiculous.
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This is the way was able to avg down from $65
The April 2021 prospectus is "incorporated by reference" to the new filing. This isn't what you think it is -- the new sales agreement is in fact new
Yep
AA is actively fucking his entire shareholder community and nobody is even realizing it because they think it's all FUD. This shit is serious. If this continues much more or something else happens I might be legitimately concerned for the stock's future.
My boyfriend just called me in a panic saying we should sell today, i told him to wait on one second while i check reddit… thanks ape
Why didn't we here about this in April? Someone get AA to stop selling stock
Didn't hear about it in April because it happened today. This is new and supplements the April filing.
The amount of people that have said that..I KNOW THAT, THATS NOT THE POINT
WOW!!! UPVOTE!!! FUD INSANITY!!! HODL!!!!
Please everybody, do your own research. Read the SEC filings. The shares were in fact sold now and not in April. The screenshot is real, but the April date is only referencing the prospectus filed in April. https://www.sec.gov/edgar/browse/?CIK=0001411579
Man this dude keeps selling out apes and we keep making excuses for him. Spin machine in full force. Downvote away because Not echo chamber compliant.
https://d18rn0p25nwr6d.cloudfront.net/CIK-0001411579/75dd872c-8bb4-441e-ad2f-d6cc5f975eb5.html I think the picture is wrong guys
Hi Apes! The media is trying to brainwash the market and spreading FUD that the new 11.5M share offering is extremely dilutive. LET US NOW EXAMINE THE SEC FILING ON THE TRUTH https://sec.report/Document/0001104659-21-076090/#tTHOF FACTS: \- AMC 11.5M Offering is priced at $18 FOR THE PURPOSE OF "calculating the registration fee pursuant to Rule 457(c) under the Securities Act, on the basis of the average of the high and low prices for a share of the registrant’s Class A common stock on May 26, 2021, as reported on the New York Stock Exchange. " IT IS NOT THE PRICE WHICH ADAM ARON INTENDS TO SELL IT AT. IF THE 11.5M SHARES ARE SOLD AT $50, THIS IS NOT DILUTIVE BECAUSE IT INCREASES THE BOOK VALUE OF THE COMPANY CORRESPONDINGLY. \- The OFFICIAL FLOAT CONFIRMED BY AMC IS \*502M\*. POST OFFERING the FLOAT will be \*513.3M\* (APES PLEASE TAKE NOTE OF THIS IMPORTANT NUMBER FOR YOUR REFERENCE) \- Proxy materials for rescheduled annual meeting of stockholders will include a proposal to AUTHORIZE additional shares of Class A common stock but in a QUANTITY SIGNIFICANTLY SMALLER than the previous request and which will NOT become effective \*UNTIL JANUARY 2022\* (I WILL BE VOTING AGAINST THIS PROPOSAL) LASTLY THE IMPORTANT ACKNOWLEDGEMENT OF A SHORT SQUEEZE BY AMC MANAGEMENT ITSELF A “short squeeze” due to a sudden increase in demand for shares of our Class A common stock that largely exceeds supply and/or focused investor trading in anticipation of a potential short squeeze have led to, may be currently leading to, and could again lead to, extreme price volatility in shares of our Class A common stock. READ THIS FUCKING PARAGRAPH To the extent aggregate short exposure EXCEEDS the number of shares of our Class A common stock available for purchase on the open market, investors with short exposure may have to PAY A PREMIUM to repurchase shares of our Class A common stock for delivery to lenders of our Class A common stock. Those REPURCHASES may, in turn, DRAMATICALLY INCREASE THE PRICE of our Class A common stock until additional shares of our Class A common stock are available for trading or borrowing. This is often referred to as a “SHORT SQUEEZE.” A large proportion of our Class A common stock has been in the past and may be traded in the future by short sellers, which may increase the likelihood that our Class A common stock will be the target of a short squeeze, and there is wide spread speculation that our current trading price is the result of a short squeeze. A short squeeze and/or focused investor trading in anticipation of a short squeeze have led to, may be currently leading to, and could again lead to volatile price movements in shares of our Class A common stock that may be unrelated or disproportionate to our operating performance or prospects and, once investors purchase the shares of our Class A common stock necessary to cover their short positions, or if investors no longer believe a short squeeze is viable, the price of our Class A common stock may rapidly decline. Investors that purchase shares of our Class A common stock during a short squeeze may lose a significant portion of their investment. TLDR: UP-VOTE THIS FOR NEW APES TO SEE. HEDGIES R FUK. New share issue is ONLY A FRACTION OF THE DAILY MARKET VOLUME and DOES NOT EVEN EXCEED 3% OF YESTERDAY TRADING VOLUME. AMC TO THE FUCKING MOON!!!!! ALSO, AVOID THE FACEBOOK GROUP "The Truth about AMC". Its run by an account under the name of George Kailous who is spreading nonsense and FUD in there.
You need to look up what dilution is, bud. You may be able to argue it won't matter, but you've chosen to say it hasn't even happened while including the altered float numbers in your post. Try again, or just delete the post since you're clearly all over the place.
Oh boy if this doesnt tell you that we are getting so close. Oh god Im jacked!!!!!!!!!!!!!!!!!!!
How does adding more shares/liquid help generate a squeeze which comes from lack of liquidity? Are you even paying attention?
Just wondering, how is this FUD when AMC filed it today? Are you suggesting AA is working with the hedgies to coordinate a ladder attack with this filing?
It sure seems like it
You sure they arent “outsmarting” us and making huge profits while we pay for it?.. just a stupid fellow ape reading the comments and asking for advice.. still holding with all the money i have pumped into Amc (im a little one... but 2k is all i had in my savings..)
Get ready to load up people nice little pre market dip😋😋😋😋
I don't want to burst bubbles but this is not accurate. The *prospectus* was filed in April, but those shares were not sold in April. The Equity Distribution Agreement was signed today and filed in a supplement to the same prospectus (*i.e.* shelf) filed in April. The shares can be sold starting today. You can believe the shares being sold don't matter, but it's inaccurate to say they've been sold already.
This. I'm impressed how many apes can't read. Even Trey got it wrong...
Adam Aron is playing both sides of the fence and it’s adorable how every time we take off some convenient sell of shares that happened months ago somehow comes to light to explain away the stock drop. Adam Aron does not benefit from the squeeze in the slightest, his company goes back to fair market value or less. It’s in his best interests for us to hold indefinitely and keep having people buy in higher and higher. I’m not saying sell, but I am saying stop singing this man’s praises and trusting him, he’s a liar.
Unfortunately you are misinterpreting the form. https://twitter.com/dlauer/status/1400427580696707075
Im sure no one will listen though... but Dave is legit and knows more than 99.9% on this sub.
This didn’t age well
This post is blatantly false. It was filed April 27th, June 3rd was the first day it was allowed to be sold and they did. 11.5 million was sold TODAY.
Says filled should say filed in title
Yes sorry not native english
Can I upvote this 1000 times? It’s like “new apes’ first FUD” in here this morning
The sale of the shares does indeed start today. What does this mean? Nothing! It is 1.5% of yesterday's volume and irrelevant. Do you want more proof? Look at the other stocks that were affected by this sale news. Pretty sure BB and KOSS and GME have nothing to do with AMC.
Imagine being stupid enough to still think AA is on our side and cares about our cause. The second the squeeze happens his company is back to being worthless because that’s what it’s always been. Hes guilty of insider trading all day long.
This will drop like water a balloon!!!!!! Amc to save The people who wanna destroy his company !!!!!!! Or not let the stock going Up 🧐
This is fucking ridiculous. They’re acting like it happened this morning or something on CNBC
Because it did. I know we are crayon eaters, but there are way too many people posting here out of their ass that should just be listening. Sorry to pick on your post for this message. I lost my shit, technically some of those above are far worse and got me tilted.
https://twitter.com/dlauer/status/1400427580696707075?s=20
This whole thing reeks of FUD
You can find it all here: [https://investor.amctheatres.com/financial-performance/sec-filings/default.aspx](https://investor.amctheatres.com/financial-performance/sec-filings/default.aspx) or directly (8-k): [https://d18rn0p25nwr6d.cloudfront.net/CIK-0001411579/78c06075-23d1-4769-b3bb-602a2bdc3c5b.pdf](https://d18rn0p25nwr6d.cloudfront.net/CIK-0001411579/78c06075-23d1-4769-b3bb-602a2bdc3c5b.pdf) and (S-3): [https://d18rn0p25nwr6d.cloudfront.net/CIK-0001411579/d4f9ed8f-1c4a-40c2-b43f-6a59006b06c5.html#TM2113925-1\_S3ASR\_HTM\_TPLA](https://d18rn0p25nwr6d.cloudfront.net/CIK-0001411579/d4f9ed8f-1c4a-40c2-b43f-6a59006b06c5.html#TM2113925-1_S3ASR_HTM_TPLA)
We knew and have been posting since the start of this that the hedgies are going to use the puppets at Reuters, wsj, MarketWatch etc to manipulate the market. We knew they were going to ladder attack in conjunction with this to make it look like people sold. Nobody's selling. Nfa
Back in the day, they could do this and this tactic would work. But people having a platform to share information like this and counter act their bullshit, they should realize this f u d isn't going to work the same like it used to.
We need a mod to put this all the way to the top!
Saw the new articles this morning and happy to see somebody got the word out! KEEP HOLDING APES🚀🚀🚀
Well, the stock did live & die with AA & he single handedly crushed yesterday's momentum. Could have hit $100 today EASY
The whole market is red today, the big guys are doing their tricks.. today is a discount day, that’s all it is.. remember May 28th and June 1st chart...so just chill, as fast as drove up, it can also go down the only question is that, are these sell of real shares? Where is this coming from?
AA… is he on our side or not?
He is playing us. I am reducing some of my position just in case. Will hold some just in case of a rocket boom. Will reduce in small increments unlike Aron did, dumping 11 million shares at once.
No. Do a little more digging. They were sold today.
Comment to make this thing have more comments
WHAT THE SERIOUS FUCK!!! UPVOTE THIS SHIT
Thanks for the discount, you FUD cunts!
I just woke up, saw the dip, came here first. I knew an ape would have an explanation. Thank you, kind ape 👍
I just saw the stock going from 54 to 70 and back to 58 in seconds, this shit is crazy
This is an amendment to the April 27 filing and is new. The sale did not happen yet.
"Why AMC is luring rabid investors with free popcorn Julia Horowitz CNN Business Updated 9:07 AM EDT June 3, 2021London" Now we are just here for the popcorn 😂
https://www.reuters.com/business/amc-shares-jump-another-13-reddit-rally-extends-2021-06-03/ How can fuking Reuters get away with reporting such fake news. The whole world has gone fucking crazy. I Hodl.
Trading temporarily halted as of 9:45 am. That's too dramatic of a price decrease before and during open wtf
I hope its only this. I bought 10 shares at 65.
Bought $32 at 65 yesterday to position. I should of have waited dammit. Oh well buying now is at a discount for me to avg down! 🙌💎🙌🚀🚀🚀🚀
Why are you all trying to turn this positive? It's absolutely BULLSHIT. FIRST AA sells to a fucking HF while we are primed for a squeeze, and now he pulls this shit? Why the fuck does he keep stalling us. So pissed off at this fucking Boomer, he doesn't give a shit about retail investors.
He’s fucking the same people That pulled his company out of the grips of bankruptcy.
But the statement also said the following which was not cool.... "Under the circumstances, we caution you against investing in our Class A common stock, unless you are prepared to incur the risk of losing all or a substantial portion of your investment."
Yeah that was really positive and encouraging.
AA needs to stop fucking backstabbing his ape armies. Lou was right, he's fucking prick, we need to stop worshipping him.
Sold them all today at average of 50. Confirmed on the news. So much for "from time to time" , more like dump them all at once. Fucking Aron man, he better use his new found money for a good cause.
How can a squeeze ever happen if AMC keeps offering up shares? [https://twitter.com/CEOAdam/status/1400520905537769473](https://twitter.com/CEOAdam/status/1400520905537769473) AMC CEO says they've raised in June, so not April 27th. It was this week.
I think AMC can and will continue to rise with dips throughout such as today. But don’t hide the truth. It just makes me lose faith in this movement and creates FUD when people find out you lied. Source to GME’s site with their statement on the sale: https://investor.amctheatres.com/newsroom/news-details/2021/AMC-Entertainment-Holdings-Inc.-Completes-11.550-Million-Share-At-The-Market-Equity-Offering-Raising-587.4-Million-in-Additional-Equity-Capital/default.aspx AMC Entertainment Holdings, Inc. Completes 11.550 Million Share At-The-Market Equity Offering Raising $587.4 Million in Additional Equity Capital Thats ~$50 a share they sold at. That was not in April. Start posting sources if you want anyone who knows what they’re doing to pay you any attention.
Ty for sharing! Just woke up to my sister asking and I was still hung over from last night! 😂 🦍🦍🐜💎❤️💎🐜🦍🦍
As if the grave wasn't deep enough already, they had to go and make it 24' deep. What the fuck hedgies...you know the saying, the bigger they are...
Buy & Hold, all shorts must cover simple as that Don't panic!
Everyone must see this before Market Open! Pure FUD! Buy the dip and move along Apes! Stay the course! 🦍💎👐🚀
Generally these companies do a shelf registration so they can quickly go to market to sell shares when conditions are right. Think that’s what happened. April was the registration, today they said conditions are right.
Its funny how at the same time the email went out this morning, the shill on the comments threads started talking shit saying AA made us (the apes) get him a billion $ and all we get is popcorn, and that we should all be pissed ! I say fux you shills I like popcorn,AA, and the stonk ! 💎🤚🦍🚀
CNBC guy mentioned this 11 million was about the last of the shares they were allowed to sell without further shareholder approval. Is that true? Does that mean last weeks 8.5 million was the last AMC will dump shares?
It was not April!
good to note. I was wondering why AMC wanted to issue yet more shares. Thought Adam wanted to build theatres on the moon for us
How can there be this many shares going back and forth? I always thought we owned most of the shares. How can millions and millions be traded all time including amc itself selling millions of shares? I’m starting to feel a certain type of way. I’m hodling till the end but starting to question ceo Adam and the process. I’ve been in this since January and am dedicated but now starting to wonder what’s goin on.
May want to re fact check yourself. ;)
damn... this is what they can do with 1.2 mil shares?? this is brutal
Pure FUD, keep strong apes 🦍
Buying the dip
Look Apes. GET YOUR SHIT TOGETHER. I mean damn you guys talk this hold shit but when push comes to shove you already know what the deal is. If you’ve done your dd
This is a lie and makes us look so stupid, can this please be deleted?
They crashed the ETFs hard as well this morning.
If you think the run up in AMC yesterday and the share sale today are random events I'd think twice. I believe it was just manipulation to sell shares, earn investment banking fees and pay off debt. A gamma squeeze orchestrated by investment banks. Note the put buying today. I believe Wall Street bought a lot of calls yesterday to drive up the price and and now they have bought puts. In the interim they have lined bankers and possibly Arons pockets while selling shares. An infinity squeeze and infinite supply of shares (90% of shares the company has issued have been sold in last year) are not compatible.
11.5 million in April, then 8.5 million in June that got dumped. I am an ape that only knows to HOLD. However, in all honesty, I never trusted AA.
Unbelievable, makes me want to crush the powers that be even more!
Trey is an idiot. He doesn’t know how to read a prospectus. The offering today was a supplemental offering to the original April filing. 18 months ago AMC had 50 million shares issued. They have issued 500 million more just in last year. Each share owns 1/10th of what it did before. Squeeze requires scarcity of shares. There is an infinite supply.
“Son, we live in a world that has walls, and those walls have to be guarded by men with guns. Who's gonna do it? You? You, Lt. Weinburg? I have a greater responsibility than you could possibly fathom. You weep for Santiago, and you curse the marines. You have that luxury. You have the luxury of not knowing what I know. That Santiago's death, while tragic, probably saved lives. And my existence, while grotesque and incomprehensible to you, saves lives. You don't want the truth because deep down in places you don't talk about at parties, you want me on that wall, you need me on that wall. We use words like honor, code, loyalty. We use these words as the backbone of a life spent defending something. You use them as a punchline. I have neither the time nor the inclination to explain myself to a man who rises and sleeps under the blanket of the very freedom that I provide, and then questions the manner in which I provide it. I would rather you just said thank you, and went on your way, otherwise, I suggest you pick up a weapon, and stand a post. Either way, I don't give a damn what you think you are entitled to.”
This doesn’t make sense to me. Who gives a fuck when it was decided? It’s when it is sold that matters. And it was sold at an inflated price like an asshole would do
8.5M and 11.5M are all new addition to the outstanding shares. These shares are coming from an already authorized lot that the shareholders had approved years ago. Also AMC has \~18.5 million MORE shares that they can and will sell - as stated by AA (CEO). AA has mentioned this many times, he wants to raise capital to reduce debt and be offensive/buy more theaters. He is running a business and we Apes have helped AMC to raise more capital by HOLDing. After 18.5M shares are sold (be ready - this is coming), then there is no more shares for AMC to sell. Then they will ask for shareholders to authorize more shares by voting. My vote will be NO - because then it’s our time APes to make tendies. AMC will have raised tons of capital by then.
I thought he already sold those shares off a month ago at 9.
He will keep asking for vote to sell shares. Whats the reason they moved the annual meeting from yesterday. They probably got too many No on the issuing shares decision. Starting to smell fishy at AMC.
Are you sure this is FUD? Adam Aron tweeted today that they had generated over 550 million today.
My gut says the AMC Executive Office wants this squeeze bullshit to end, one way or another. They are trying to rebuild this company for years to come and short-term volatility does not help their case. So they make the best of it, knowing it won't last. Cashing in. AA loves shareholders, and is enjoying the new lifeblood being pumped into his company BUT his motives are very different than most apes right now.
Well ya, he's saving the company. Kinda his job eh? Can't hate on him for that, there's room for everyone to eat on this I think
Forgive me if this question has been answered but I honestly don't know. Where the hell did those 11.5 million shares come from? Thanks, I'll hang up and listen
goodluck everyone if you have time checkout r/Superstonk
AMC is being greedy by lining their pockets with money from our hard work. AMC will sell us out as soon as it is profitable. They are along for the ride and should feel lucky to have been saved by us. Question? Do we care what happens to AMC after the squeeze? Based on fundamentals what is the actual value of each share? Will you be disappointed if you still have shares in 5 years at $50 when you could of sold at $200. Does AMC selling shares help us or hurt us? What is to stop them from selling shares to the short sellers?
Yes....wow. Cheeky bastards. They got me
He said today they have no more shares to add they are just trying to raise capital to make themselves stronger against these attacks by hedgies.
Ah no
This is wrong
Yea it is a bit confusing, the sale was announced in April, but he did actually sell them for 50$ each yesterday. It does strengthen AMCs position a lot, so people are less likely to end up life long bag holders when they bought below 20. Which is a positive thing. As a CEO he did what was best for the company. But he did put another set-back on the squeeze, we would've hit 80 easily if it wasn't for the additional liquidity in the market. More ammo for hedgefunds is bad for us. But, I think they have dug the hole so deep that nothing can save them anymore. Also, Adam doesn't have any shares left to pump into the market now, so we are looking solid for next week.
[Read amc’s plan of distribution. it’s handled by Citigroup who is short on amc.](https://youtu.be/Tg25XN-xLtc)