Hey guys, welcome back to my channel, follow me on Instagram @birdbraininvesting – in this video, we get into a quick recap of AMC entertainment stock price, as well as touch on Adam Aaron and his $3.75 million bonus as the CEO. There is a lot of talk of whether or not Adam, and other executives and higher-ups in the AMC brand, deserved their payouts. And it’s kind of interesting, would they have been granted these large amounts of money if the wallstreetbets community haven’t pumped AMC the way that they did? It’s interesting think about. Either way, I feel confident having someone like him in the driver seat. He had every reason to file for bankruptcy, but didn’t. And I’m sure some of that had to do with his own personal fortune being owning well over 1 million shares of AMC entertainment and didn’t want to see them go to zero, but I feel another part of it is because he believes in the company and he’s willing to do whatever he hast to do to make sure that they succeed. I also commented on an article by the Motley fool as they discouraged the retail investors from buying into GME an AMC, and promoted other stocks instead. It always upsets me when it comes off as blatant market manipulation. It’s so obvious when they are doing everything they can to push us away from the security that might actually cause us to profit, and maybe even substantially, just in hopes that it tanks so they can turn around and buy in instead. That’s Wall Street for you.
I think this goes without saying, but all of this is my own personal speculation and you should never take any of what I say as financial advice. This is for entertainment purposes only.
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-Rob
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source: https://www.youtube.com/watch?v=LuWiFgfBzUU