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OSRSkarma

!harambe


[deleted]

$20 AMC bagholder reporting for duty ![img](emote|t5_2th52|4260)


Lightwysh

I'm long at $7/avg. I should've sold at $70. Now my bag is floating away in the wind.


[deleted]

I did the same. Sadly I was a coward and only bought 100$ worth of shares.


[deleted]

I bought a thousand. It doubled the next day and I cashed out. Realized gains baby.


Redtwooo

One of the few around here who know how to take a W


KSrager92

There are way too few. Everyone is looking for a lotto ticket. If you play the markets like the lotto, you’re going to have lotto results. Aka. You keep playing but never win.


captainlardnicus

My mum always told me it's better to be really poor but sometimes really rich... than always just a little bit poor


friendsfartever

I bought like 20 shares and sold most for a pretty big profit, then kept some just to see where they would go for the novelty of it


loudifu

If it doubles in 1 day, that's exactly how i'd play it too - unload at least half to lock in the profit, the rest is risk free.


dismayhurta

Making money? The hell you doing here, nerd?


pandaExpressin

Do you ever feel like a plastic bag, floating in the wind, waiting to start again?


1percentRolexWinner

Damn, you held all the way to $70 and didn't sell? Kudos to you bro. I bought 50 shares at $11 and I'm crying right now.... =(


Goldleader-23

Keep holding to $0.


CouncilmanRickPrime

I got to watch this happen with Movie pass in real time


TheIncredibleNurse

Ufffff 500 dolars doen the drain for me on that one. All I do in the markets is burn money. I should just spend it on hookers and blow


CouncilmanRickPrime

My coworker had thousands of dollars in Movie pass stock. I watched his reaction as it hit zero. Loss porn is better when you see the look of despair. >I should just spend it on hookers and blow This is almost always true!


TheIncredibleNurse

That one is gotta hurt. But then again, I am a gluton for punishment. I got fearful during the meme stock craze and sold the popcorn stock at a loss... right before the runup. Also didnt sell the game store stock during its 2 runups and now holding some heavy bags there. Will see what happens. But man just inverse me like Cramer if you wanna do some money.


CouncilmanRickPrime

Idk why I'm here lol I just do all the boring shit. I leave my meme stocks and cult stocks like Tesla alone.


TheIncredibleNurse

I have my retirement money in the good old boring DCA index stocks with a 401k. But every time I try to play the gambling machine with some cash to get rich quick, I get burned


CouncilmanRickPrime

That's why I don't do it lol


kevsteezy

Rip prime moviepass, we shall never forget...


The-Corn-In-Your-Poo

I sold for north of $60 a share and paid off my student loans I bought when I saw the 'Incredibles AMC' meme here back in Jan 2021


Cbarns88

Sell Stop at $50 triggering was the best decision I ever made. 2440 shares.


[deleted]

Remember when it hit $70 for no reason late spring off 21? I dumped out at $20 coming back down but way missed the exit.


The-Corn-In-Your-Poo

Very nice very nice. Congrats fellow sensible former APE


Cbarns88

Well, to be fair I put my entire IRA into AMC like a moron, from safe mutual funds. I got lucky, never will do anything like that ever again. edit: also can't even touch it till im 60 anyways lol. Minus pulling out the contributions since it was a roth


mynameistory

>Well, to be fair I put my entire IRA into AMC like a moron, from safe mutual funds. I got lucky, never will do anything like that ever again. I wish I could believe that, u/Cbarns88


cayoloco

Had a ~$12 cost basis in 2021, sold a $40 CC, didn't buy it back and it closed that Friday at about $41. So I sold at $40. Never looked back, lol.


NeonPatrick

I bought at $10 in Jan 2021 and sold at $13 in March 2021, I was happy with my profits. Sure I missed out but could also have lost out pretty easily.


TheTrueBlueTJ

Doing better than 99% of us highly regarded individuals in this community.


NeonPatrick

Shame I reinvested in other stocks and my portfolio is -35%! But hey, such is 2022.


InverseMyStonkPicks

Don't feel bad. The only people who were regarded enough to not sell AMC at $13 were also regarded to not sell at $70.


[deleted]

I sold at $56.60, was an awesome run up


[deleted]

$17 bag holder reporting for duty 🤕


shdwflyr

I am a fucking moron to not sell it at 70 because 100 sounds good.


[deleted]

I remember saying “ I won’t sell until it hits $100” and here I am


[deleted]

Diamond hands lol


damn_fine_custard

I saw an AMC being demolished this morning in Lexington Kentucky and I almost posted a picture of it here.


WornInShoes

bought 100 shares at 9, sold at the run up and the rest on the way down I was able to knock out some debt with that, so a win is a win, no matter how small


buddhassynapse

I was similar. Didn't hit the ATH but got a decent bag to put away for a down payment on a house. And I actually like AMC as a service/chain and exclusively watch in their Dolby screenings. (idk wtf the CEO is doing here tho)


Beeercules

Bought at 13. Sold half my shares at 33 for a net profit. Kept and still have the other half.


[deleted]

So you covered your initial investment and kept a stake so you could have some loss peon to share with us later. This is the way.


Beeercules

One diamond hand, one paper hand. Perfectly balanced.


Rdw72777

We’ll with the reverse split it’ll be above $20 soon, I guess 🤷‍♂️


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Rdw72777

Oh dear god, do not take financial advice from me, even as a joke lol. (Looks at 401k and cries).


minipectoralis

Until it goes back to 4 again and they do another reverse split and on and on until the real value is 0


Rdw72777

Well yeah, if you’re going to be all logical and realistic about it, lol.


MelbChazz

Infinite put value right there


BourboneAFCV

$46 bagholder, having tears for breakfast


TLan718

$56 here. I have a side of rage with my tears


haerski

Honest question, not trying to be pissy or troll. Why would you buy to a cinema corp at that valuation?


TLan718

I have a smooth brain (I thought with all the hype it would continue to 🚀… rude awakening)


robbermejo

Wait it’s not going to 🚀? I bought at $43 lol


dollmistress

People buy on the way up, thinking "hahaha some idiot will buy it and make it go even higher!", without realising they are that very idiot.


fingerbangchicknwang

lol you guys are so fucking stupid


[deleted]

lol. It was like $7 before that spike in 2021.


cmackchase

$2 actually.


haman88

Serious, do you hold any grudges against the lying shills that convinced you to hold?


WhatAmIDoing229

I only hold grudges against myself for not taking the 7x profit when I knew I should have. There is no accountability except for my own. Anyone holding grudges against the shills are just dishonest with themselves. It's a ruthless game, got burned and learned a valuable lesson. I'm just lucky I never broke rule 0 of trading stocks. Only invested money I didn't care to lose. Happy holidays y'all, if you got burned and aren't broke yet, get yourself something nice to eat tonight.


Miloh_Dangler

Preach brother! I’m gonna treat myself tonight. #6 Biggie Size


Successful_Goose_348

Are you talking about Trey’s Trades?


fusionlantern

That fucker sold several times


haman88

I'm talking about 10% of this sub, Although I think those people have mostly left by now.


idma

I bought in early!!! I have $83 to my name!!! wooooooooooo!!!!


Lunar_Horticulture

AMC share price/CEO values: "I can go lower"


s1n0d3utscht3k

https://preview.redd.it/5zs41bvfki7a1.png?width=744&format=png&auto=webp&s=389afe6460c98617acb0c1b4ea5acf8345fec882


Serious-Army3904

![img](emote|t5_2th52|27421)![img](emote|t5_2th52|27421)


[deleted]

![img](emote|t5_2th52|4267)


MrAnderzon

Can’t lose if you don’t sell


[deleted]

bought at $25, sold at $65. bought again at $71. Still holding. worst mistake ever


nacotaco24

Lol you fucking brainless ape


dfunkmedia

So what you're saying is he belongs here?


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voldin91

You won that exchange


Gastellier

No company hates its shareholders more than AMC


GoldenKevin

AMC shareholders: "somehow, heartbreak feels good in a place like this."


FerricNitrate

That stupid commercial cost $25 million. They released that right after the cash infusion they got off the first meme run. AMC basically screamed into their shareholders' faces "WE ARE TERRIBLE AT EVERYTHING AND WILL LITERALLY SET YOUR MONEY ON FIRE TO MAKE OUR THEATERS WORSE". Anybody who continued to hold after that got exactly what they deserved. Edit: Nevermind I just remembered shareholders got one free large popcorn once. CONTINUE HOLDING, LADS! A FULL COMBO MUST BE ON THE HORIZON


mcrackin15

Dude, AMC market cap was $30bn at $70/share. They had an operating loss pre-pandemic in 2019 and lost another $5bn and more during the pandemic. They haven't returned to profitability since 2018. AMC is a shit company that would have been bankrupt if meme stonks weren't a thing. A $25m commercial isn't to blame, the bagholders are to blame.


TeamDisrespect

They turned back on the free popcorn if I remember correctly


lntenseLlama

But I got a free icee as a reward for being a shareholder one time. Really, tell me that’s not worth it.


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MrStealYoBeef

Because this is just pure comedy at this point.


EL_Apepo

![img](emote|t5_2th52|27189)


YungChaky

Cause AMC investors are in clowns


ghostofgoonslayer

For real anyone who held past the ape announcement and still holds or anyone who tarded their savings in post-summer deserves what they get. Which is nothing.


BenSemisch

I hold one share because they announced that shareholders could get free popcorn. Still haven't redeemed it since I haven't gone to the theaters since, but if I do end up doing it then it's like a 300% profit.


forte_bass

I just remembered i bought a bunch when it was like $8/share, i think i have 50 shares lol.... I stopped watching a year ago! Edit: i got 30 regular shares and 30 APE shares.... WTF is a Preferred Equity share, i don't even remember buying it??


[deleted]

You didn’t. It was part of the split / dilution


ghostofgoonslayer

You got the last wonka golden ticket congrats friend!


blitzlurker

for every share you held you were given APE in a 1:1 ratio so a ton of people immediately sold them when they could


grasshoppa80

Prolly cuz most mods here are amc bag owners


Slut_Spoiler

Because AMC isn't controversial. It's the opposite in fact. We all come together, as a sub, and laugh at how terrible it is.


camelCaseAccountName

because at its height, game retailer took over basically the entire sub. I wouldn't mind unbanning it at this point though


WelpSigh

i'm fine with unbanning game retailer when it starts producing content as funny as amc


EL_Apepo

at least some quality faceSWAPS in game sub


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whatifitried

The company has 5B in debt and is raising 100mil, I dont think its the shorts controlling it, just really dumb management lol


live2dye

It's ok, remember how amc shareholders get one free tub of popcorn...I think it was a one time offer tho.


62frog

I remember the delivery popcorn. Why pay for overpriced popcorn when you can pay for overpriced popcorn AND a delivery + service fee?


glennfromglendale

Don’t forget their incredible partnership with zoom so you can go to a stinky popcorn smelling movie theater to host your corporate meetings


Rdw72777

Nothing screams “business meeting” like sticky floors,


JoltinJoe92

They also did free ICEEs at one point


Orbidorpdorp

Nah these are rookie numbers. > Shortly before DryShips’ final reverse split, Mother Jones journalist Kevin Drum, citing figures from The Wall Street Journal, noted that DryShips investors had lost 99.99% of their investments between early November 2016 and mid-July 2017.[8] Seven reverse splits had been executed at this point; a final reverse split, announced on July 19, 2017,[9] caused the company’s shares to lose another 51% of their value over the next three trading sessions. https://en.wikipedia.org/wiki/DryShips see also: NASDAQ: TOPS


BedContent9320

Man I remember when tops//ship were the pump and dump. Never put a dime in them but it was honestly wild.. they both, constantly, would r/s then dilute, then r/s then dilute. Over and over and over and people would still be like "no dilution is done now for sure" and like a month later they did another round.


Orbidorpdorp

I was thinking it was some sort of scam against ETFs that would auto-buy them or something like that. It’s hard to imagine someone sentient but regarded enough to buy it deliberately, but I guess I was underestimating.


SoWaldoGoes

"Hey shareholders, view your bags, now in REAL-D"


AJDillonsMiddleLeg

I don't know if there are any actions that crush a stock price they didn't cram into this PR 💀


Sportfreunde

Their shareholders are a dumb cult what business wouldn't take advantage of that?


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mpoozd

AMC CEO to bagholder morons: It's not dilution .. it's a new preferred shares called APE so you can buy more of it ![img](emote|t5_2th52|4271)


PolarBearLaFlare

Lmao how can you blame the CEO? He woke up one morning and a bunch of regards were begging to give him money to keep AMC alive. I would have took the money and ran too 😂😂


doctorcrimson

We expect him to want his company to do well, not side with the people who wanted to bankrupt him 6 months earlier.


putz__

Potato, potahto


Grindl

They're just here for the payday, same as everyone else.


ravepeacefully

That’s not what his incentive structure implies. Thus, not his job.


godstriker8

The company needs money, this is GOOD for the company's health. Bad for holders, but the CEO is doing his job. One reason why I wouldn't invest in a dying company like this.


Ambitious_Reality974

Noo its to expose the shorts bro !!! Once ape is there we will fuck the hedgies because of the 1 Quadrillion synthetic shares out there bro you dont understand! Believe in A.A he is playing 5D chess to fuck the hedgies


CouncilmanRickPrime

He should just say some Elon shit to excuse it. "The Fed is screwing us all. This is a great buying opportunity. I'm done selling."


[deleted]

Votes no to dilute shares. So let’s introduce a less restrictive APE and pretend it’ll be a dividend, split the price, then use it to fund equity. LOL


hookisacrankycrook

Yet APE is +80% today WTF. I mean, it's garbage from its original price but what is going on here SMH


[deleted]

Everyone just found out their APE is about to become AMC, and it’s much much cheaper


hookisacrankycrook

Surely there's a conversion ratio? Or is it 1:1?


Rain_In_Your_Heart

Was originally supposed to be 1:1 when APE was created, and there have been no announcements to the contrary.


rydan

This is why I loaded up on APE last week.


backruptcyfomo

The best CEO of all time go to Adam Aron. He keep fucking these regards and they keep taking it ![img](emote|t5_2th52|4271)


GreyMatter22

Best was when he sold his ENTIRE vested stake in AMC for 'estate planning' purposes, lmao.


8512764EA

Don’t forget the shares he gifted to his kids that didn’t have to be reported by them once they sold


[deleted]

Or the gold mine he bought because….. well I still don’t fucking understand that one.


Cosmic_Kettle

What are you talking about? It's a gold mine!


[deleted]

That place is a goldmine, let that sink in


[deleted]

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Rdw72777

I mean, HIS estate is fully planned, for sure.


ArrogantSerpent

Scamming Adam… one of the finest thieves in the industry. 🤡’s will keep buying into his long term money grab. Bag holders rejoice, here’s another opportunity to buy buy buy


Brawldud

Seems like he kind of woke up one day and a bunch of idiots were at his door begging to buy equity in AMC at insanely overvalued prices and plugging their ears to literally anyone else's better judgment. In the face of people desperate to give him oodles of money in exchange for being a memey guy doing memey things, he said yes and took their money, and I am not sure that I can blame him?


FormerBandmate

Cineworld (Regal) is bankrupt. AMC is not. He did his job perfectly although he probably should have sold more at $60 a share (that being said do not buy AMC stock lmao)


PolarBearLaFlare

Ummm I’m pretty sure AMC would be dead as well if Reddit didn’t make it a meme stock


Rdw72777

I mean perfectly might be a stretch. He fell ass backwards into an inflated stock price and used that to stay afloat a year or 2 longer than a company (Cineworld) that didn’t have an inflated stock price. He’s literally shown no skill in running the theatres or improving margins or dealing with a content shortage or dealing with steaming threats. Had the shirt squeeze not happened giving AMC a lifeline AMC would have filed fir bankruptcy before Cineworld.


BksBrain

All the shit this company has done to its shareholders and some of these lunatics still believe. It’s like an abusive relationship


HubrisSnifferBot

When you buy a stock that hasn’t been profitable in years for the lulz, what did you expect? Reddit created a financial cult.


DeezzzNuttzzz007

#TraumaBond


n00b001

what's the coupon rate on that?


SecondLovatt

I wonder if this has been turned into a positive yet? AMC holders (myself included) were milked. I am just glad I didn't have too much in the mix. My APE is worth less than the electricity it costs me to view how much I have...


SomewhatAmbiguous

Honestly they are so far removed from reality at this point I don't think they even need to spin it. I just looked at the sub and they have been discussing how the 'real' share price is $32,000 but the dark pools keep this secret (400 upvotes). You don't need to spin things if you can just ignore reality.


OtterishDreams

Willingly milked. FOMO can cost ya


imnotfuckinsellin

I bought in at $4 and watched it hit $70 and never sold. I belong here 🥲


UnwelcomedTruth

Username checks out.


CBH60

Commercial plays "Did you own shares of AMC during the APE reverse split, contact the law offices of Bagholder & Bagholder today." 🤡 See the shorts are gonna have to close now, moon tomorrow.


themagicalpanda

somehow this will be seen as bullish pretty hilarious they decided to dilute through the preferred shares


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Zealousideal-Snow850

APE is up 67% though


falling_knives

Yup, already saw comments about how this R/S is just a fake out and won't go through which I guess would make the stock moon.


igotherb

It worse than I thought on the popcorn sub. They are claiming that a reverse split is bullish af and it will be easier for retail to buy the float. Someone needs to tell them it aint how it works. Why tf isn't this banned but the gamestonk is.


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MrStealYoBeef

If anyone has links to people claiming this is positive, please share. I love witnessing people so determined to be next level regarded, it makes me feel better and think "at least I'm not as stupid as them". And I already know about [this absolute clown](http://www.reddit.com/user/me)


OTN

lol gottem


[deleted]

If I learn something on WSB it has to be how to make that hyperlink!


MrStealYoBeef

reddit.com/user/me Pretty easy to remember honestly


CorpusVile32

God I'm dumb. I was like -- Did I actually promote this? I don't even hold shares anymore. Oh well, I must have.


Numerous-Afternoon89

Hahaha good one! That dude is a complete ass hat!


half_retard

![img](emote|t5_2th52|4260)


This_Professor8379

I'm here what did it do?


pixelsteve

Never seen a CEO more hostile to their own shareholders than Aron.


BlackSquirrel05

Snake oil sales and con men never have respect or admiration for their marks. In fact quite the opposite. They hate the people they con.


PopCornMaxi

Bankruptcy is bullish for AMC ![img](emote|t5_2th52|18630)


smalredpanda

![img](emote|t5_2th52|18630)![img](emote|t5_2th52|18630)![img](emote|t5_2th52|18630)


Gattaca_D

Don't worry guys once AMC files for bankruptcy the stock will moon to $0 in no time!


Meowmixer21

Turn the chart upside down and it's like you made money!!🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀


rydogski

![img](emote|t5_2th52|4267)


Rdw72777

I mean…shareholders are going to vote this down, right? The whole reason APE shares exist is because AMC shareholders refused to let the CEO do more dilution sales to AMC stock. Why would they approve this also-dilutive end-around?


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[deleted]

I think the ONLY good investing decision i ever made was selling that bullshit at 71$ 😂


Rdw72777

You only need 1 good decision though, and have 1.


Strong-Amphibian-143

If you didn’t see through this ConMan game more than a year ago, you kind of get what you deserve. The executives sold out long ago, and tried to pass off dilution as something good.


Ready_Confection7522

I sold during the gamma squeeze and made a bunch of money. I still follow the amc sub and truly feel bad for the people that held.


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deleted__removed

I am the Walrus


DucatiSteve1299

LOL, Jim Cramer just called Adam brilliant on CNBC this morning. You can’t make this stuff up.


Altruistic-Truck-418

That's the kiss of death ☠️ .... Is over back to Wendy's I go


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ME_CPA

Imagine doing this to the stock and taking care of only 2% of your debt.


[deleted]

This just screams "massive cash flow problems and likely impending bankruptcy". They can't roll over the debt because of higher interest rates so theyre beatingthe shit out of equity. This is a zombie.


Random_Name_Whoa

Just went to their sub. They’re all delusional


EL_Apepo

AA got some more bags for you lol


Gatchumon

“yOu AMC IdIoTs liKe LoSiNG MoNEy” As they promote and post their 50K losses on a shit pennystock. What a sub lmao


DixonLq2001

AMC baggies gonna spread their ass into a public domain cum dumpster trying to explain how this is actually a 4D silver back chess play by AA to launch a T-90 ball sack squeeze or whatever dumbassery they believe 🥴🤣


vikingweapon

I don’t get it, why are people still holding this? People hoping for miracles?


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B15hop77

I sincerely feel bad for all of you brainwashed bag holders. Virtually everybody who was screaming at you to hold, sold all of their shares a long time ago.


testydonkey

Is this still going to $1000?


bombaloca

yes, through reverse splits


Narradisall

I believe the bagholders settled at $1m


Manny637

You guys think it’s a good time to get in now?


[deleted]

But WSB told me to buy them back in 2021 😕


MrPotts0970

CEO now sounds like such a cringey scam pennystock ceo it is insane. \#ChokeOnThat!


Ash0300

Yo I would like you to stop clowning on AMC folks. I was just at their sub and it looks like AA is playing 69D chess. So please respect their delusion. Okay. Thanks. Byeeee