There are a lot of attacks claiming AMC is a dying company
This post -> https://old.reddit.com/r/amcstock/comments/qf0klz/counter_dd_request_my_brain_is_too_smooth/
It has an image with a list of attacks against AMC. This post will respond to these false attacks and false claims
In reality, before Pandemic (which is a once a century event and is going away) this is what AMC did
https://www.nasdaq.com/market-activity/stocks/amc/financials
2017 -> Revenues of $5.079 billion and losses of $487,200 (yes, just $487,200 in losses - less than half a million in losses) (AMC was not some dying company)
2018 -> Revenues of $5.460 billion and profits of $110,100 (yes, actual profits)
2019 -> Revenues of $5.471 billion and losses of $149,100 (yes, just $149,100). Heck there are apes who made more than $149,100 in June runup
Reality: AMC was INCREASING REVENUES and had almost negligible losses
It was not some struggling company. Revenue was not declining
AMC is going back to 2017 to 2019 period
AND ALSO now has $1.8 billion in cash
and new revenue streams (UFC Fights, Crypto, NFL Sunday Ticket, Wrestling, Boxing)
The post attacking AMC was written by a KarenStonk GME Ape
This is what GME's revenues were
2018 -> $8.547 Billion
2019 -> $8,285 Billion
2020 -> $6.466 Billion
THAT is what declining revenues looks like
What? No way? You're telling me that AMC revenues were INCREASING and revenues for GME were DECREASING
Before Pandemic
So AMC is NOT the company that was in trouble before Pandemic
******************* Details & Point by Point Rebuttal
While I'm reluctant to respond to a @#$@#$ idiot who can't spell Bankruptcy and actually put ZERO reasons as Arguments in favor of AMC, here is a rough response
Post: https://old.reddit.com/r/amcstock/comments/qf0klz/counter_dd_request_my_brain_is_too_smooth/
RESPONSE BELOW, point by point
1) Probability of Bankruptcy by next year
Response: This is utter nonsense
AMC has $1.8 billion in cash and $180 million revolving credit line
All the debt matures in 2025. That means there is nothing that Absolutely MUST be paid in 2021 or 2022
That leaves earnings and expenses. Earnings are trending very strongly upwards
Last quarter the consensus was 91 cents loss per share. actual was 71 cents per share loss, which is a big improvement over estimates
2017 to 2019 were almost net neutral in terms of profitability and AMC is trending towards that
2020 was a brutal year for AMC SOLELY DUE TO THE Covid pandemic
Before that year Net Profits were
2017 - $487,200 losses. that's less than half a million loss
2018 - $110,100 profits.
2019 - - $118,500 losses
2020 - pandemic so $4.589 billion losses
2020 was so brutal that everyone thought AMC would be wiped out and they sold 1 billion to 10 billion fake shares short
We survived that
2021 - is improving
by 2022 onwards we will be in 2017 to 2019 pattern of losses/profits being in -1 Million to +1 Million range
Here: https://www.nasdaq.com/market-activity/stocks/amc/financials
2) More dilution this year (maxed out this year)
This shows INHERENT Bias of the person doing the post. Claiming 'maxed out this year' instead of saying - AMC Apes ARE THE CAPTAIN NOW and No More Dilution until AMC MOASS
Look at 2020 where due to pandemic there were $4.589 billion of losses. To avoid going bankrupt AMC raised cash by selling shares
The alternative (going bankrupt) would have been great for SHFs and SFOs and terrible for shareholders
Now Retail has 80%+ and CEO/Board cannot issue any more shares without shareholder approval
So this imaginary risk of 'dilution next year' does not exist
AMC APES decide EVERYTHING
We own the Company
As Adam Aaron himself said - He works for the Shareholders (AMC Apes)
3) 1:4 dilution that already happened
ALREADY HAPPENED
Stock is at $36.60
Market Cap higher than 'there is only one true stock' stonk
Choke on That KarenStonk
4) AA diluted shares to SHF whom then sold these into OTC
Response:
Mudrick Capital had loaned money to AMC and had the right to ask for shares
AA had to give them because, as he pointed out, they gave AMC money when very few people would, and helped AMC avoid bankruptcy
Mudrick then sold them into market. AA did not give shares to Citadel over OTC like some idiots claim
He/AMC had obligation to give shares to Mudrick because of the loan they had given AMC when no one else would. And AMC fulfilled that obligation
They didn't know Mudrick would turn around and issue PR saying AMC is overvalued and then sell shares the very next day
5) Cash Burn doesn't stop
Actually, you can see 2017, 2018, 2019 and AMC was fine. No one is going to cry about Profits/Losses being
- $487,200, $110,100, -$149,100
One single UFC fight would have brought any of the two slightly loss making years into profitability
6) Low SI %
Response:
So these sons of Karens now want to believe SEC report
Same SEC that is IN BED WITH SHFs and SFOs
Actual number of counterfeit AMC shares sold short are 1 billion to 10 billion
513 million legal float
So real short interest is 200% to 2,000%
7) Low FTDs
ha ha ha ha ha
Even from the FTDs figures issued by regulatory agencies -> AMC is the #1 share that spent the most weeks on the Threshold List in 2020 and 2021 combined, OUT OF ALL Companies in the US
anyone writing Low FTDs for AMC is insane
1 stock on the Threshold List in 2020 and 2021 combined
8) No options activity such as GME (Married Puts)
Response:
completely false
Married Puts are being used for both AMC and GME
Simplex -> https://old.reddit.com/r/amcstock/comments/qd3omo/dark_pool_guy_here_with_a_special_report_simplex/
Today itself post showed this -> https://old.reddit.com/r/amcstock/comments/qetti5/goodmorning_ape_fam_thought_i_would_post/
9) Even Gamma Squeeze unlikely because of prices in IV
Response:
this person who wrote this list seems stupider than a door knob
To see actual AMC IV and stuff, follow Roensch Capital on Youtube
10) Even before corona hit, AMC was struggling to make a profit
Response:
https://www.nasdaq.com/market-activity/stocks/amc/financials
2017 -> Losses of $487,200
2018 -> $110,100 profits
2019 -> Losses of $149,100
Even if we say AMC will not flourish and only go back to 2017 to 2019 period status, losses per year of $200,000 are very small
the $1.8 billion cash pile will cover 9,000 Years
Yes $1 Million covers 5 years like 2017 to 2019
$1.8 Billion -> 1,800 * $1 Million, so it covers 9,000 Years
in reality
AMC has become stronger, added more revenue streams, seen smaller competitors died out, expanded
It will go into profitability and pay off its $5.5 billion debt and PROSPER
A company generating $5.5 billion revenue a year (2017 to 2019 trend) can handle $5.5 billion debt easily
2017 to 2019 - revenues were increasing
11) AMC's revenues in Q2, 2021 were only $444.7 million while in Q2, 2019 were $1.5 billion
Response:
2019 - no corona
2021 - corona
Not a valid comparison
What next, you want to compare revenues during Spanish Flu epidemic VERSUS revenues during years with no epidemic and claim that Spanish Flu means every single company in the world should have gone bankrupt
12) No real catalysts for Growth
Response:
Well, let's see
A) people cooped up for 2 years and coming back to theaters to START LIVING LIFE
A2) two years worth of Blockbusters
B) UFC
C) Wrestling (WWE)
D) Boxing
E) NFL Sunday Ticket
F) Acceptance of Bitcoin, Ethereum, Dogecoin
G) AMC potentially launching its own Crypto Coin -> Movie Coin
H) AMC potentially launching collectible NFTs for Movies
People say - what advantage does AMC have for NFT?
Answer - Millions of people who LOVE movies each and every weekend visit AMC Theaters
AMC already sells them concessions. They can easily sell those people Movie NFTs
The HIGHEST CHANCE of selling Movie NFTs is where movie lovers go and go in large numbers
Where is that?
AMC Theaters - largest movie chain in America + Largest move chain in the world
I) Competitors dying out and AMC acquiring high quality cinemas
13) On top of that, the theater business is slowly losing its traction due to the takeover of the industry by streaming services that limit theater's upside
Response:
Is that why all the movie studios have agreed to 30 to 45 day theatrical windows?
Movie studios realize that Movie Theater Experience and Revenue cannot be made through streaming
So Movie Theaters are not going anywhere
They are around to stay
14) AMC has $2 billion cash and revolving credit and $5.5 billion in loans
At current cash burn rate it has only enough cash to survive until 2022
Response:
This is just straight out incorrect
Firstly, the debt only matures in 2025 and 2026. It does not have to be paid out in 2021 and 2022. It does not have to be paid out until 2025 and 2026
Secondly, movie revenues are coming back stronger. we already saw how Venom, etc are doing very well
So trying to use revenues during a pandemic quarter is just wrong
Pandemic is dying out and People are getting vaccinated so by early 2022 we should start seeing 2019 type numbers and be back to what we had in 2017 to 2019 in terms of cash burn rate
I will once again paste what 2017 to 2019 were:
https://www.nasdaq.com/market-activity/stocks/amc/financials
2017 -> Losses of $487,200
2018 -> $110,100 profits
2019 -> Losses of $149,100
Please Note: A lot of the points are repeated so I'm going to skip those
15) Another rehash of 2019 vs 2021 comparison without considering Corona
Response:
Comparison of Q2 2019 revenue with Q2, 2021 revenue
No Pandemic
vs
Pandemic
So an incorrect comparison
16) Gross Profit and EBITDA are at net negative triple digit percentages and it will take a long time until those margins are improved
Response:
Firstly, Pandemic quarter will always look bad.
Are you talking about GME 2021 Fiscal Year revenues being $1.4 billion less than GME 2020 Fiscal Year? No, you are not.
Because Pandemic throws off figures
Then why do a Pandemic vs No Pandemic comparison for AMC ???
Secondly, already Q3 will show big improvement and Q4 will show massive improvement
So the claim that 'it will take a long time for margins to improve' is just an absurdly stupid claim
17) Official Number of SI in January was 11%
Response: Since when have we started believing 'official' figures ???
Official claims were that everything was over in January. We saw in June that was not true
AMC went from $10 to $72 in May/June even though official narrative was - Shorts have already covered
18) Run to $70 was probably shorts closing
Response: No it was not
Why make a false claim without any proof
Say Technologies vote showed that there are 1.35 billion to 4.5 billion total shares
Other estimates shows that in addition to 513 million legal shares, there are
1 billion to 10 billion counterfeit AMC Shares sold short
19) Company trades at 10 times of sales
Street Analysts continue to be bearish and give it price target of $5.44
Response: There could be NOTHING more bullish than ANALysts giving target of $5.44
Let me tell you about a time when a triple chinned analyst gave AMC a price target of 1 cent Soon after that we went to $72 a share, while triple chin analyst still has three chins
20) 98.5% of Oct 22nd calls expired worthless and 1/2 of those that were in the money had value of $1.60 or less
Response: What the @#@$ do Call Options on Oct 22nd have to do with anything
AMC Apes Buy and Hold SHARES
Shares are up more this year than almost any other company's shares (on a Percentage Increase basis)
They are at $36.60 and are going to $100,000 to $1 Million a share during AMC MOASS
Additional Response: Why not talk about what AMC Call Options expiring week of June 2nd did?
Now there would be some interesting figures
21) Why did AMC buy back $35 Million of bonds and not the other $65 million of bonds?
Response: Because AMC CEO AA has a bigger brain than you do, Mr. Tiny Dick Hater
He decided it is best to lower the debt a bit now and then as revenues increase he will lower it more later
Smart Companies pay back judiciously. Not all at once
22) MSM Exposure unlike GME (building up biggest rugpull?)
Response:
A) SEC did GME report and said 116% short interest. So much exposure. Is that a rugpull for GME?
No, Karenstonk assumption is that because it mentions GME it must be VALID
If MSM give GME exposure, like they did in Jan sneeze, that is considered legit
However, if MSM is FORCED to talk about AMC and the MASSIVE Retail Muscle backing AMC, then that is labeled a rugpull
This is like a former beauty queen throwing dirt at the new beauty queen
Darling, we are both beautiful. Don't get your panties in a bunch
B) MSM has to talk about AMC because AMC went from $10 to $72 and they have to CONTROL THE NARRATIVE
They cannot let retail investors search and find Apes and THE TRUTH
AMC has so much Retail Muscle that AMC has to be mentioned
also Apes like Charles in MSM
23) Low voting percentage
Response:
That vote had nothing of interest. Issue of issuing 20 million shares was pulled already. So it was just a bunch of board related stuff
This claim that if there are more shares sold short than the float, then voting percentage should be 100% for company votes is just a fantasy. It has no basis in actual fact. Can you show any peer reviewed research on
Float Percentage Sold Short
Versus
Percentage of Shareholders who vote
??
No, you cannot. Because you pulled it out of your behind and no Scientific or Economic magazine is going to consider it valid research
24) Huge misunderstanding and lack of critical thinking in the community, blindly following youtubers who are 'using' them as cash cows
Response:
AMCStock consensus is that
Trey Trades, Roensch Capital, Masked INvestor are good guys
Super Chat Matt - people are on the fence
And some Youtubers AMC stock does not like
If you see AMCStock there are close to zero posts about Trey Trades or Matt Kohrs
Less than 1 in 100
Meanwhile, in GME subs if RC does a meme tweet or a faceswap video tweet, or if DFV does a tweet
there are hundreds of posts about it
Is that what you think AMC Apes should be doing? Hero Worship of people
No, we don't hero worship anyone
we are all heroes
we like Trey so we see his stuff and share it sometimes. Not like a cult the way GME worships DFV and RC
You know what the KarenStonk post of AMC attack points really is?
It is
Tell me you are scared AMC will Short Squeeze before you, without telling me you are scared AMC will Short Squeeze before you
