$National CineMedia(NCMI)$ We all knew this was going bankrupt. This is a simple debt for equity swap with their lenders. The company is doing fine. The shares are not going to 0. Most likely, we'll see a steady rise to $3-4 by the end of summer. Anyone shorting this stock is stupid or simply doesn't understand what is happening.
I'm not sure why people think AMC $AMC Entertainment(AMC)$ controls what NCMI does, they don't lol they just have a passive stake.
This company by end of year has a really good chance to be $1+ again, but it takes time... it's not going to be an overnight sky-rocket stock unless some really good news appears or massive pump and dumps happen.
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