Thread by @CringleKitten

$AMC

(Part 1) Delisting.

I'm tired of it - but whatever - free lesson.

A stock can be delisted if the underlying security on the NYSE is getting devalued as being a penny stock which would be then listed in the OTCMKTS

(Part 2) Another way to get delisted is through intrinsic illegal practices within a company with market security manipulation.

The SEC reserves the right to delist such security for investigation purposes for a period of time, as part of their agency's mandate.

(Part 3) Is AMC involved into illicit market activities. Of course not.

I don't understand the talk about dilution today which was already explained. The CEO already used the remaining 43M shares this year of an existing proposal, approved back in 2013.

(Part 4) Any company has the a right to sell unsold existing shares that they own within the current outstanding amount through their authorized issuers without shareholder's approval.

(Part 5) A company CANNOT sell new shares - effectively increasing the outstanding amount and diluting share value without shareholder's approval.

If that was the case today, AMC would have been delisted and the company would have been in serious trouble - which isn't the case.

(Part 6) Another interesting part was if the current administration would be able to freeze a security for the sake of saving the economy. Nahhhh... not without Congress.

(Part 7) The current administration has clearly explained their stance against Wall Street and wishes to maintain the status quo of a "fair and free market".

Following these statements - freezing the asset would kill the credibility of the presidency.

(Part 8) Also, don't quote me on this, there was a bill voted in the Nixon administration in the 1970's. It gave the Office a reserved right to suspend any security in the stock market, for emergency purposes to rescue the national economy. This bill has been long expired.

(Part 9) This delisting FUD needs to stop.