$AMC Entertainment(AMC)$
Adams will step down, bond holders will take a major haircut, shareholders get nothing as usual, non-performing theaters either get turned over to their landlords or sold, AMC is “dead company walking” coming soon to a theater near you.
Ask yourself: how much money does the AMC make in one quarter? How much interest do they pay on their debt? How much debt do they have? I believe this is a $2 stock.
AMC, just go down.
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