@GUARDIAN10082 Rich getting richer while retail gets shafted... what it looks like to me. No word on ANYTHING about why he couldn't invest prior. Very slivering snake like bs going on, imo.
In the FUD Busting Department, I keep reading on my X/Twitter feed many comments that I should buy more AMC shares to show my confidence in the Company. It happens to be against U.S. securities laws for me to do so right now. It is important that you understand these four points.
1. I currently own outright 975,310 AMC shares and at target vesting have an economic interest in 3,640,397 more AMC shares. So, over 4.6 million AMC shares in total. And more than any other individual AMC shareholder on the entire planet of whom I am aware. That already is a lot of confidence.
2. I have not sold even one AMC share in more than three years. I ride with you.
3. I lead AMC fully knowing that more than 2/3 of my total “target” compensation is in AMC stock rather than in cash. I am not “given” these shares. I work hard for these shares. If I did not value AMC stock, I could choose to work elsewhere, with more of my compensation coming in cash rather than in AMC stock.
4. And most importantly, for quite some time now, I personally have been in possession of what is known as MNPI (“material non-public information”). When that is the case, it is patently against U.S. law for a CEO,of a publicly traded company to buy its stock. Illegal. Period. No ifs, ands or buts.