AMC Stock: Is CEO Adam Aron Doing The Right Thing?

The Street2021-07-19

AMC CEO Adam Aron has shown sympathy for the Ape cause. However, he still has a business to run. Should the chief executive be trying to raise more money for AMC? Some background first AMC ...

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Comments

ZZX86
2021-07-20
ZZX86
I think so.
trojan1337
2021-07-20
trojan1337
The title is a FUD, but if you read until the end, it says that squeeze is inbound. Unexpected twist. Tighen your seat belt guys.
homosapien
2021-07-20
homosapien
Some folks commented here didn't read the article very obviously. This is one of the rare articles that presented positivity toward AMC. AA should be on apes' side for the time being, with ample cash flow and sufficient exposure for their theater business, go follow AAs tweets, more to venture into a new business model.Citadel IMHO is in a lot of trouble! Wait for it to unfold, long and arduous battle ahead but worth the wait, for a better market however it will never be fair, we know. Buy on red days, just hold!!
WealthyCat
2021-07-19
WealthyCat
Lol mainstream fud, no matter what he does, they will still weave negative story. Fuk hf dog media.
Skai
2021-07-19
Skai
AA is doing a fantastic job for $AMC Entertainment(AMC)$ ! He makes AMC fundamentally strong now and he also listens to the apes who have helped to save the company.Now, all we have to do is to wait for the short squeeze.
- MaoMao0314:
  Hi
- 安娜和大恩:
  等到什么时候是个头，确实煎熬
- Skai:
  Apa ini?
- Skai:
  Yes, really painful for the HFs. They might go bankrupt like some of their partners in crime after the previous $GameStop(GME)$ squeeze in April. RIP.
- 胡光远:
  空头还有什么挤压啊
xKira
2021-07-19
xKira
Liked and comment!

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Should the chief executive be trying to raise more money for AMC?\n\nSome background first\nAMC ...</p>\n\n<a href=\"https://www.thestreet.com/memestocks/amc/amc-stock-is-ceo-adam-aron-doing-the-right-thing\">Source Link</a>\n\n</div>\n","source":"lsy1610613172068","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AMC Stock: Is CEO Adam Aron Doing The Right Thing?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAMC Stock: Is CEO Adam Aron Doing The Right Thing?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-19 21:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/memestocks/amc/amc-stock-is-ceo-adam-aron-doing-the-right-thing><strong>The Street</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>AMC CEO Adam Aron has shown sympathy for the Ape cause. However, he still has a business to run. Should the chief executive be trying to raise more money for AMC?\n\nSome background first\nAMC ...</p>\n\n<a href=\"https://www.thestreet.com/memestocks/amc/amc-stock-is-ceo-adam-aron-doing-the-right-thing\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AMC","symbol_name":"AMC院线","start_time":0,"source_url":"https://www.thestreet.com/memestocks/amc/amc-stock-is-ceo-adam-aron-doing-the-right-thing","article_id":"1183522741","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1183522741","pubTimestamp":1626699777,"sourceInfo":{"source_id":"lsy1610613172068","name":"The Street"},"weMediaInfo":null,"summary":"AMC CEO Adam Aron has shown sympathy for the Ape cause. However, he still has a business to run. Sho","collect":0,"end_time":0,"defaultTopTitle":"thestreet.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"AMC":"AMC院线"},"translate_title":"AMC股票：首席执行官亚当·阿隆做得对吗？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AMC":0.9},"content_text":"AMC CEO Adam Aron has shown sympathy for the Ape cause. However, he still has a business to run. Should the chief executive be trying to raise more money for AMC?\n\nSome background first\nAMC Entertainment’s (AMC) - CEO Adam Aron probably had no idea what was in store for him and his company in 2021. With the start of the COVID-19 crisis, AMC and much of the entertainment industry were in tatters, scrambling for resources to weather the storm and come out of it alive.\nGrowing bearishness led hedge funds and other traders to pile up on AMC, as they looked to profit from its misfortunes. The bear thesis gained strength as some believed that the movie theater operator was heading towards bankruptcy.\nBut no short seller could have imagined what would happen next. Driven by the “meme mania” that first struck GameStop (GME) , a community of retail investors poured their capital into other heavily shorted stocks, and AMC took center stage.\nAfter the ape army witnessed a short squeeze in January 2021, AMC saw its market cap jump from $250 million to almost $8 billion. Later in June, the valuation stretched even further to nearly $32 billion – surpassing the market cap of airline companies like Delta Airlines (DAL) and retailers like Best Buy (BBY) .\nNot bad for a company that some had left for dead only a few months earlier.\nHow apes could help AMC\nThere are a few ways for a publicly traded company to benefit from an increase in its stock price: (1) more firepower for acquisitions and other deals, (2) less vulnerable to takeovers, and (3) new shares issued to generate capital and improve the company's balance sheet.\nCEO Adam Aron benefited from the stock's strength when the company issued new shares in early June. AMC raised $587 million in equity, just after the second short squeeze of the year. According to him, the capitalraisedwas invested in the company's balance sheet and saved for “a rainy day”.\nStock tanks after share issuance\nWith the issuance of the 11.5 million new shares, AMC price topped and dropped quickly. The dilution of the company’s equity may have helped to deflate June’s short squeeze, giving bears the opportunity to regroup and reload their positions.\nRecently, Adam Aron put to vote a plan to issue another 25 million shares, but shareholders rejected the idea. The CEO did not hide his opposition to the results of the vote, but made it clear that he listens and values the ape community.\nA brand-new year\nStaying liquid seemed like a top priority for AMC through 2020 and the early part of 2021. Therefore, the June share issuance was likely the best move. But recently, AMC locations started to reopen, and the movie theater company has alreadywitnessedrecord-breaking audiences.\nSo, is CEO Adam Aron doing the right thing by following the ape community and refraining from raising more capital? Wall Street Memes believes so. The worst for AMC has probably been left behind, and the company currently holds $800 million in cash and equivalents (8% of total assets vs. only 3% at the start of the year, see chart below).\nSo far, AMC’s CEO has been able to balance priorities: keeping the business fundamentals relatively strong while listening to the apes. The more the issuance of new shares is delayed, the highest short interest is likely to be, helping to keep hopes for a future short squeeze alive.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":178061809,"gmtCreate":1626773018101,"gmtModify":1703764915490,"author":{"id":"3583369953182365","authorId":"3583369953182365","name":"ZZX86","avatar":"https://static.tigerbbs.com/15d3e8593f7541d44903ad0cf41e2df2","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3583369953182365","authorIdStr":"3583369953182365"},"htmlText":"I think so.&nbsp;","listText":"I think so.&nbsp;","text":"I think so.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/178061809","repostId":1183522741,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":171161527,"gmtCreate":1626716063469,"gmtModify":1703763927572,"author":{"id":"3574916293171379","authorId":"3574916293171379","name":"trojan1337","avatar":"https://static.tigerbbs.com/943a776c7741ee5cc4d67b3592fbb000","vip":1,"hat":"https://static.tigerbbs.com/ae1f49570794979e009a5efdeb6f4789","crmLevel":6,"crmLevelSwitch":1,"idStr":"3574916293171379","authorIdStr":"3574916293171379"},"htmlText":"The title is a FUD, but if you read until the end, it says that squeeze is inbound. Unexpected twist.&nbsp;Tighen your seat belt guys.","listText":"The title is a FUD, but if you read until the end, it says that squeeze is inbound. Unexpected twist.&nbsp;Tighen your seat belt guys.","text":"The title is a FUD, but if you read until the end, it says that squeeze is inbound. Unexpected twist. Tighen your seat belt guys.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/171161527","repostId":1183522741,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":171111985,"gmtCreate":1626712202847,"gmtModify":1703763899438,"author":{"id":"3576928267169380","authorId":"3576928267169380","name":"homosapien","avatar":"https://static.tigerbbs.com/58b52c9540881c11f284c6fe7a066ac6","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":2,"crmLevelSwitch":1,"idStr":"3576928267169380","authorIdStr":"3576928267169380"},"htmlText":"Some folks commented here didn't read the article very obviously. This is one of the rare articles that presented positivity toward AMC.&nbsp;AA should be on apes' side for the time being, with ample cash flow and sufficient exposure for their theater business, go follow AAs tweets, more to venture into a new business model.Citadel IMHO is in a lot of trouble! Wait for it to unfold, long and arduous&nbsp;battle ahead but worth the wait, for a better market however it will never be fair, we know.&nbsp;Buy on red days, just hold!!","listText":"Some folks commented here didn't read the article very obviously. This is one of the rare articles that presented positivity toward AMC.&nbsp;AA should be on apes' side for the time being, with ample cash flow and sufficient exposure for their theater business, go follow AAs tweets, more to venture into a new business model.Citadel IMHO is in a lot of trouble! Wait for it to unfold, long and arduous&nbsp;battle ahead but worth the wait, for a better market however it will never be fair, we know.&nbsp;Buy on red days, just hold!!","text":"Some folks commented here didn't read the article very obviously. This is one of the rare articles that presented positivity toward AMC. AA should be on apes' side for the time being, with ample cash flow and sufficient exposure for their theater business, go follow AAs tweets, more to venture into a new business model.Citadel IMHO is in a lot of trouble! Wait for it to unfold, long and arduous battle ahead but worth the wait, for a better market however it will never be fair, we know. Buy on red days, just hold!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/171111985","repostId":1183522741,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":171190853,"gmtCreate":1626710203972,"gmtModify":1703763868164,"author":{"id":"3582771937132696","authorId":"3582771937132696","name":"WealthyCat","avatar":"https://static.tigerbbs.com/c3995d5d276b3b8fc9c075fe8de258a7","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3582771937132696","authorIdStr":"3582771937132696"},"htmlText":"Lol mainstream fud, no matter what he does, they will still weave negative story. Fuk hf dog media.&nbsp;","listText":"Lol mainstream fud, no matter what he does, they will still weave negative story. Fuk hf dog media.&nbsp;","text":"Lol mainstream fud, no matter what he does, they will still weave negative story. Fuk hf dog media.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/171190853","repostId":1183522741,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":171938730,"gmtCreate":1626701798620,"gmtModify":1703763602899,"author":{"id":"3581985274026406","authorId":"3581985274026406","name":"Skai","avatar":"https://community-static.tradeup.com/news/895ee4bbfa814435328502a50bbee0a7","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3581985274026406","authorIdStr":"3581985274026406"},"htmlText":"AA is doing a fantastic job for&nbsp;<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>&nbsp;! He makes AMC fundamentally strong now and he also listens to the apes who have helped to save the company.Now, all we have to do is to wait for the short squeeze.&nbsp;","listText":"AA is doing a fantastic job for&nbsp;<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>&nbsp;! He makes AMC fundamentally strong now and he also listens to the apes who have helped to save the company.Now, all we have to do is to wait for the short squeeze.&nbsp;","text":"AA is doing a fantastic job for $AMC Entertainment(AMC)$ ! He makes AMC fundamentally strong now and he also listens to the apes who have helped to save the company.Now, all we have to do is to wait for the short squeeze.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":5,"repostSize":0,"link":"https://ttm.financial/post/171938730","repostId":1183522741,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5263179,"gmtCreate":1626702169225,"gmtModify":1663231170143,"authorId":3582857435811011,"author":{"id":3582857435811011,"idStr":"3582857435811011","authorId":3582857435811011,"name":"MaoMao0314","avatar":"https://static.tigerbbs.com/0121a8c147debd72c35c1c5f97447d1f","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":171938730,"type":1,"supId":5263104,"prevId":0,"content":"<u>Hi</u>","text":"<u>Hi</u>","html":"<u>Hi</u>"},{"id":5263104,"gmtCreate":1626701851216,"gmtModify":1663231169427,"authorId":3546553111804593,"author":{"id":3546553111804593,"idStr":"3546553111804593","authorId":3546553111804593,"name":"安娜和大恩","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":171938730,"type":1,"supId":0,"prevId":0,"content":"等到什么时候是个头，确实煎熬","text":"等到什么时候是个头，确实煎熬","html":"等到什么时候是个头，确实煎熬"},{"id":5264001,"gmtCreate":1626705354978,"gmtModify":1663231169329,"authorId":3581985274026406,"author":{"id":3581985274026406,"idStr":"3581985274026406","authorId":3581985274026406,"name":"Skai","avatar":"https://community-static.tradeup.com/news/895ee4bbfa814435328502a50bbee0a7","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":171938730,"type":1,"supId":5263103,"prevId":0,"content":"Apa ini?","text":"Apa ini?","html":"Apa ini?"},{"id":5263977,"gmtCreate":1626705267520,"gmtModify":1663231169135,"authorId":3581985274026406,"author":{"id":3581985274026406,"idStr":"3581985274026406","authorId":3581985274026406,"name":"Skai","avatar":"https://community-static.tradeup.com/news/895ee4bbfa814435328502a50bbee0a7","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":171938730,"type":1,"supId":5263104,"prevId":0,"content":"Yes, really painful for the HFs. They might go bankrupt like some of their partners in crime after the previous <a href=\"https://laohu8.com/S/GME\"> $GameStop(GME)$ </a>squeeze in April. RIP.","text":"Yes, really painful for the HFs. They might go bankrupt like some of their partners in crime after the previous <a href=\"https://laohu8.com/S/GME\"> $GameStop(GME)$ </a>squeeze in April. RIP.","html":"Yes, really painful for the HFs. They might go bankrupt like some of their partners in crime after the previous <a href=\"https://laohu8.com/S/GME\"> $GameStop(GME)$ </a>squeeze in April. RIP."},{"id":5263103,"gmtCreate":1626701846060,"gmtModify":1626701846060,"authorId":3435490763773397,"author":{"id":3435490763773397,"idStr":"3435490763773397","authorId":3435490763773397,"name":"胡光远","avatar":"https://static.tigerbbs.com/01b57bf3b92ec36e6bf515b3b008e610","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":171938730,"type":1,"supId":0,"prevId":0,"content":"空头还有什么挤压啊","text":"空头还有什么挤压啊","html":"空头还有什么挤压啊"}],"langContent":"EN"},{"id":171938535,"gmtCreate":1626701790427,"gmtModify":1703763602574,"author":{"id":"3581982860658315","authorId":"3581982860658315","name":"xKira","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3581982860658315","authorIdStr":"3581982860658315"},"htmlText":"Liked and comment!","listText":"Liked and comment!","text":"Liked and comment!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/171938535","repostId":1183522741,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":52,"commentSize":10,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.2","shortVersion":"4.29.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1183522741"}