This Isn’t Your Grandfather’s Mania

AMC isn’t worth $30 billion. You know it, people buying the stock know it, and even AMC’s management team knows it. Here is what they said in a recently filed 8-K.
We believe that the recent volatility and our current market prices reflect market and trading dynamics unrelated to our underlying business,  or  macro  or  industry  fundamentals,  and  we  do  not  know  how  long  these dynamics  w…

The post This Isn’t Your Grandfather’s Mania appeared first on The Irrelevant Investor.