Can Top Gun save AMC Entertainment (AMC)? "AMC has a lot of debt. The AMC stock price could go to zero. Their management team is cashing in on the frenzy while selling shares," says David Trainer. Is AMC a Ponzi scheme? Can the company compare to home theater systems? Next, GameStop (GME) also has debt and not much cash flow. "The banks will not allow companies to borrow more money with rates going higher. GME stock price is not worth more than $30. However, it can go to zero as well," Trainer adds.
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