RE:Even AMC has a green day As I mentioned in an earlier post, this is dead money for at least 2 years and the market knows this. The steady selloff will continue as we sink below a $1.
Things changed when the company announced their intention to build the salt factory. The market is tired of fluff NR's and softball questions to management.
Let's talk about where the money will come from to build out the infrastructure. Any possible "suitor" (that's a word management was eager to use in the past) will think long and hard about the financing in current market conditions. Let the current shareholders do the heavy lifting I say.
See you all under $1.