APES…I’ve been a bagholder since February. We all need to vote “NO” to the creation/issuance of 25 Million new AMC shares. Why? APES have kept AMC afloat and we now need to be paid. The other reason is because CEO Adam Aron is Director of Centricus Acquisition Corporation which is owned/affiliated by/with Citadel. Please see the links below as this is not FUD but FACT. We need to do what is best for us at this point. After AMC has squozed, we can always revisit the vote on new shares.
I agree Aaron says it won’t be considered until January 2022 but as slow as things are going, I’d hate to give AMC the go ahead and then find out by January 2022, the squeeze still hasn’t happened. I’ll wait until the last possible moment to vote but if it hasn’t happened by then, then I’d vote no.
I’m in agreement with you. As slow as this is going (not complaining) there’s no telling it may last into the new year and the last thing we need is dilution. AA’s timing the last go around was horrible and crushed our momentum and sentiment. It added unnecessary FUD imo. After we have squoze I will vote “yes” but not till then.
My concern is that the stock is the most valuable before or during the squeeze. After the squeeze, the strike price will most likely go down quite a bit. It’s therefore most attractive to AMC to sell sooner rather than later. AMC will not try to time the squeeze. If hedgies piggyback on the delusion then paper hands will fold and the whole thing could fail. Aaron has to just chill the F out
This reply was modified 1 year, 3 months ago by jakemaui. Reason: html was added somehow after the fact
June 24, 2021 at 3:01 pm
In long term perspective, for AMC it’s good to have additional options to build value. If you look on Aron’s interviews with Trey you will see explanations of this. However, thing that bother me is when we will see strategy roadmap. Apes are concented on fast and big money, not company value so they don’t ask. I don’t think that squeeze won’t happend in next 5 months, even considering volume of 25 mil shares is bearly visible on current market price.
AMC is now well known trademark on whole world… plus “Centricus Acquisition Corp is a special purpose acquisition company formed for the purpose of effecting a merger, stock purchase or similar business combination with one or more businesses.”… I smell big aim behind Aron statements… After squeeze it could be great investment. So again, “YES” for dilution.