August 26, 2022
(Barron's) - The movie-theater chain's ordinary stock and its APE preferred units are at far different prices, even thought they are essentially equivalent.
Legendary stock bear Jim Chanos has an arbitrage idea for investors as well as meme traders following AMC Entertainment
One side of the trade—a short position in the movie-theater company that Chanos discussed in a television interview on Tuesday—should be no surprise. Chanos, who is credited with uncovering some of the accounting issues that led to Enron’s bankruptcy in 2001, is known for finding stocks that are due to drop.
By Al Root
August 24, 2022
