Adam Aron He told investors he would not split the stock but then he did and it was devastating - meanwhile he made millions KS Leewood
Adam Aron acted like he was a friend to retail investors yet he stabbed them in the back. He made over $200 million dollars and his salary is higher than that of trillion dollar company Nividia yet AMC company is not nearly worth that of Nividia. He has made poor decisions to betray his loyal retail stockholders. He reminds me of Bernie Madoff. He is on video saying he would never split the stock yet that is exactly what he did. Then a year later he reverse split it and the stock has lost 90% of it's value. He has amassed wealth for himself but the 5 million retail shareholders have lost substantial money. He continues to dilute this stock while he fattens himself. He is absolutely a disgusting human being imo.
1 Updates & Rebuttals
Flint
Rolla,Missouri,
United States
Seriously?
#2General Comment
Thu, November 30, 2023
The only reason this guy did so well is because dimwitted investors like yourself bought stock in a near-bankrupt company based on a Reddit pump-and-dump operation. Most CEOs presiding over a stock that rises 10x overnight will make pretty good money, even if just from stock options. And the stock crashed not because of stock splits or reverse splits, but because the company is losing money and has an obsolete business model. Reddit hype doesn't change that, so the stock eventually returned back to where it was before the morons barged in. The last time AMC made money was 2018, and companies that burn cash instead of earning it generally aren't worth much. You might want to cash out now, while you still can. Believe it or not, it will go all the way to zero when it files for Chapter 11, and I doubt it will take long at the rate they are going.