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The Water Cooler
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AMC Stock Movement on the NYSE
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<blockquote data-quote="SlugSlinger" data-source="post: 3770051" data-attributes="member: 7248"><p>Why?</p><p></p><p>They are losing $2.66 per share.</p><p></p><p>Their operating expenses are greater than their revenue. For every ticket or widget they sell, they lose money.</p><p></p><p>When I was in telecom during the dot com era, the marketing people use to say, we are only losing $.05 per minute but we will make it up on volume. </p><p></p><p>At some point investors will stop funding this company and then - bankruptcy and stock goes to zero.</p><p></p><p></p><p>[ATTACH=full]268803[/ATTACH]</p><p></p><p>[ATTACH=full]268804[/ATTACH]</p><p></p><p></p><p>I've done this before, watch stock I've owned go to zero. One company did a 1 for 100 reverse split, but it is still an ongoing entity. My 100 shares of stock is now 1 but it's up to about $25. lol</p></blockquote><p></p>
[QUOTE="SlugSlinger, post: 3770051, member: 7248"] Why? They are losing $2.66 per share. Their operating expenses are greater than their revenue. For every ticket or widget they sell, they lose money. When I was in telecom during the dot com era, the marketing people use to say, we are only losing $.05 per minute but we will make it up on volume. At some point investors will stop funding this company and then - bankruptcy and stock goes to zero. [ATTACH type="full" width="524px"]268803[/ATTACH] [ATTACH type="full"]268804[/ATTACH] I've done this before, watch stock I've owned go to zero. One company did a 1 for 100 reverse split, but it is still an ongoing entity. My 100 shares of stock is now 1 but it's up to about $25. lol [/QUOTE]
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