Originally Posted by KChiefs1:
That’s not that many for a bank.
Hell I had 16,424 shares myself.
The total amount isn't what's important, it's the fact that they more than tripled their position in less than two months. With an average cost of 56.68 this proves they are anticipating the same thing we are. [Reply]
Originally Posted by MTG#10:
The total amount isn't what's important, it's the fact that they more than tripled their position in less than two months. With an average cost of 56.68 this proves they are anticipating the same thing we are.
EPS: -$0.71 vs. -$0.91 Expected
Revenue: $444.7M vs.
$341M
Expected
Adam Aron, Chairman and CEO of AMC commented, “The second quarter of 2021 was transformational for AMC. We raised yet another $1.25 billion of new equity capital (before commissions and fees) in the quarter, boosting our quarter ending liquidity to more than $2 billion (including cash and undrawn revolving lines of credit) which is about double the previous highest ever such mark in AMC’s 101-year history. We believe this gives AMC financial staying power to navigate boldly amidst coronavirus waters. And by June 30, substantially all of our theatres were open again to entertain and delight our guests. [Reply]