@Tony_Denaro They could have a decent cash position at the end of 2026. Now that the moved maturities I would be very strategic on debt for equity swaps at opportune moments. Save the shares remaining.
@vikstrom_stefan@FreitagMau88738 If volatility kicks in I would hope and expect AMC to raise cash. If you could sell even 50 mil shares at 4 bucks padding the balance sheet for years to come. Can cover q1 losses in advance. May not have to dillute to cover operating losses again.
@Tony_Denaro@nakedjockman Only logical explanation is they were shorting into 2.80. You would have a guaranteed .70 cent gain on the spread. But no way you can move that whole position. So now you need the stock to move up. Going to run it into earnings and dump at $4.