Meme stock investors are getting diluted by the companies simply printing more shares from thin air and dumping these shares on investors. This is the same issue as USD, more is printed from thin air diluting everyone and causing the value to go down.
AMC completes $250 million stock sale during meme rally, shares jump 30%
The movie theater operator sold 72.5 million shares in an equity offering launched in March.The $250 million stock sale was finalized Monday...
https://www.cnbc.com/2024/05/14/amc-raises-250-million-in-stock-sale-during-mondays-meme-rally.html
AMC Entertainment (AMC) entered into privately negotiated exchange agreements On May 14, 2024, AMC Entertainment Holdings, Inc. (the “Company”) entered into privately negotiated exchange agreements, under which it will issue an aggregate of 23,280,295 shares of the Company’s Class A common stock, par value $0.01 per share (the “Common Stock”) in exchange for $163,850,000
These stocks also demonstrate why crypto like Dogecoin is a lost cause with the supply being printed constantly diluting and dumping the price. Inflation money of any kind is not a good idea over the long term.
Crypto like BCH has a fixed supply, and cannot be printed at will, to dilute everyone. It is fundamentally different from these other products/money.
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