I strongly suspect that by engaging with crypto AA is sending short sellers a strong message that crypto dividends will also be on the horizon. Yes AMC has some more debt to retire however issuing bonds to existing shareholders rather than issuing more shares may well be a way for AA to acheive that and with the supprt of 4M retail investors. Of course GME is already debt free and is working on crypto dividends as I write. If SEC does not move to stop the illegal shorting then a crypto dividend will. ???✊? Stay the course fellow traders. We are certainly winning.
AMC shares rose 7% in premarket trading.
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- Tamashii·2021-08-10lets see!LikeReport