To The Moon

SummaryAMC shares are down 17% since our last article.Q1-2023 results revealed clues as to why some meme symptoms were back.We are altering our timeline and urge management to hit the bid on that share issuance.Kevin Winter/Getty Images EntertainmentIn our last coverage we gave a timeline to the $AMC Entertainment(AMC)$ saga ending.Every dance to zero has a few steps that go in the opposite direction. This one will be no different. Unfortunately with dilution out of the question at present, AMC's timeline appears in little doubt. We think a filing by Q4-2023 is now virtually certain. We base that on another potential $1.0-$1.2 billion of cash burn by then versus $900 million in current assets. Any short squeezes should be used to exit long pos

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