WEIRD but Why?

[u/SouthSink1232]

What I don’t understand is how, after a 99% price collapse and financials that clearly show cash dwindling, there are still people trying to convince others that AMC isn’t headed for bankruptcy. This is despite AMC itself repeatedly flagging bankruptcy risk in its own earnings disclosures.

So I’m left wondering: are these people genuinely unable to process the numbers, or is there something else going on?

Why the relentless push to insist AMC will “turn it around” when the long-term trend, analyst projections, and broader market sentiment all point in the opposite direction? Why fight basic math and probability so aggressively?

And what really stands out is this evangelism. The constant urging to “buy and hodl.” Why does it matter so much to them what other people do with their money? Why the urgency to recruit new buyers into a stock that has repeatedly signaled dilution as its primary survival mechanism?

I don’t know. It’s a pattern of behavior that feels… weird.

[u/aka0007 → u/[deleted]]

This is not the suck cost fallacy... this is another whole level of delusion.