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AMC is owned Chinese billionaire and businessman Wang Jianlin, who is a member of the Chinese Communist Party, Why have the Mods sticked a post encouraging people to buy AMC stock Gamestock style? What the fuck is going on with this site? (townhall.com)
posted ago by ConradSum3r ago by ConradSum3r +77 / -1
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▲ 8 ▼
– live3ordye 8 points ago +9 / -1

AMC only makes money on the initial sale.

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▲ -1 ▼
– ConradSum3r [S] -1 points ago +6 / -7

So they make money then? And as a CCP run company that's acceptable how?

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▲ 11 ▼
– live3ordye 11 points ago +11 / -0

The company made money when they issued the stock. When it gets resold, only the new seller makes money. Same as if I sell you a book I own.. the publisher doesn't get any of that money.

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▲ 6 ▼
– marishiten 6 points ago +6 / -0

THEY DONT MAKE MONEY FROM US.

Only from the INITIAL SALE

AMC hasn't been an IPO in FOREVER

Holy shit.

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▲ 5 ▼
– Thep1mp 5 points ago +5 / -0

They already made it..... the first time the stock was sold........

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– deleted 2 points ago +2 / -0
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– aveydey 2 points ago +2 / -0

You don't have a strong understanding of how stock trading works. I'd advise reading some of the good comments explaining things here for you.

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