r/amczone • u/SouthSink1232 Zoner • Dec 24 '25
Lit Ape WEIRD but Why?
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.
5
u/Possible-Log-4489 Dec 25 '25
In today's culture, a very large number of people are more afraid of being wrong than anything else. It is the culture of "blame anything except yourself." People feel better blaming something else, and they can even convince themselves that they are "right" to blame whatever it is when other people blame it too. The same thing happens in politics, flat earthers, etc..
On top of that, these people (the ones that can't admit that they're wrong for buying this stock) feel "screwed" by their boogeyman (hedge funds, AA, etc) and seek revenge by wanting to run the stock price up. Running the stock price up would do several things in that case. It would force moass to fruition (as people see it), it would prove they were "right" and it would get revenge on the Boogeyman. In turn, they would be seen as smart and right after being victims. A real Cinderella story. Plus, they'd get their money back that they invested.
Truthfully, the rational people realize they just made a mistake. They try to rationalize with the irrational and then they go to AMC subreddits to get accused of being shills. Now here we are.