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Priceline is trading at 1897.00 today. Is that its true value with annual sales of 10M? That's what the market has decided. How is AMC fundamentally different as a company? Just say 'in
The problem is AMC is a real company that produces a product (entertainment) employees people, buys from vendors and has shareholders. Hedge funds only product is fabricating wealth by transfer. How and if AMC is going escape the jaws of the HF's isn't based on just happy shareholders but a strategic balance of all factors.
AA is a devil as it goes down or a genius if and when AMC escapes the jaws of the hedge funds and goes up. This Board is getting boring...
Yes, but it sets a precedent. I'm thinking years out from the Great Recession and the fed's managing to trash their brand on just about everything the strangle hold on the GSE's is wearing thin
This first of its kind judgement is a big deal. If the feds appeal it will drag out but if they don't or if its case is shot down again the under $5.00 share price will be a bargain.
Nice to see things go green. Was here for the 2 run-ups to $6 would be nice to see that kind of volume again.
Help meee I'm losing control!
Ken G.
AMC is like trying to hold a beach ball under water, you can only do it for so long. If it keeps bouncing up at the such low volume imagine the dam break when the volume jumps. So glad I'm not trapped in a short position looking over the financial abyss...
AMC is closer in size and scope to the Priceline model than all the no name RS but we will see.
The "big boys" are trying to flush out the weak hands and grab their shares...
22% DOWN!!!
Got nothing to lose by hanging on until every hand is called. That's how the game is played
So, If this goes through APE is a deeply discounted share of AMC hence the drop on one and jump on the other. Looks like BUY APE before they hit parity.
I wonder if Kenny's 100M "support" for GOP candidates (with an election almost here) is an attempt to buy some political protection from the coming storm?
AMC is not going to go bankrupt and AA as a CEO is not acting so. Even the idea of cutting loose more APE preferred seems like someone is expecting there to be a healthy demand.
"Today, AMC sits on almost $1 billion in cash – plenty to tide the firm over for the next two years. And with the parent of Regal Cinemas Cineworld teetering on bankruptcy, AMC could soon become the only national chain left standing"
That alone is enough for hedgies to sweat bullets...
https://investorplace.com/2022/10/amc-stock-perhaps-the-apes-were-right-about-amc-entertainment-after-all/
Imagine what happens when investors realize AMC is a 30 dollar stock going for a fraction of its value. Looks like a buying opportunity...
Why would anyone sell AMC at these prices? The shorts are playing with themselves during this month of manipulation and if AMC prospers it will crush the "bankruptcy" narrative. That put this stock in serious upward momentum.
Bought more APE and AMC. Let the Hedge Funds blow every algo out the wazoo Apes will prevail...
Waited all day to fill an APE order on E-Trade and got nada. How can the price go down on a stock that can't be purchased????
Been about 15 minutes since I put an APE order in Etrade and still nothing? What is that about???
That is a boiler plate disclaimer.
Does anyone know of any other stock profile the fed's have offered "advise" on?
Something must be brewing for this sort of lame-hatchet job to be made.
AMC Board Choice:
*Happy Days Are Here Again!
*All Is Lost!
Choose (1).
I'm wondering, to what extent has APE brought down AMC'c debt?
AMC Entertainment Bears Are Running Out Of Steam: Here's Where The Stock Could Bounce
https://www.benzinga.com/trading-ideas/long-ideas/22/08/28650752/bears-are-running-out-of-steam-on-amc-entertainment-heres-where-the-stock-could-bounce
AMC SHORTS TAKE $653 MILLION LOSS IN AUGUST
Hey buy more synthetics to short AMC. What could go wrong?
https://tremendous.blog/2022/08/18/amc-shorts-take-653-million-loss-in-august/
I expect the shuck and jive and doom and gloom to run its course and both APE and AMC to move up in tandem.
Stop loss on fast moving stocks just leads to chasing to buy back in so sound advise. .
Good article. Really lays out the battle lines and how much the shorts are bleeding. Makes me want to cry... For Happy!
"Currently, the analyst consensus on AMC Entertainment is a Moderate Sell with an average price target of $5.67", But, dash-it-all the stock is only worth a a trifling 5.67 a share. What exactly do these stock genius's get paid for?
https://www.tipranks.com/news/blurbs/barrington-maintains-a-hold-rating-on-amc-entertainment-amc?utm_source=advfn.com&utm_medium=referral
Grabbed a few hundred shares each day this week. Average cost per share still way low. Yaaawnn, when we hit MOASS blow the horn Stan...
Newbie Reminder Set all AMC shares to sell at the highest amount your brokerage will allow for 60 days plus and they cannot be lent out to short.
Sold FNMA and FMCC to buy AMC at $7.00 before the run up to 72.00. First brought into both years ago when it triggered a buy going from 0.40 - 0.80 and rode the up and down rise to $6.00+. Seems inevitable a once solid $50.00 stock is going to see something dramatic happen sooner or later.
Truth Social is to the swamp what the cross is to Dracula. Bezo's or Zuckabucks would have skated through this process but Trump will have to keep endorsing and keep pushing to Win!
Made a few bucks off DWAC when I sold around $90 and bought in at the new lows. Now the most attack man in modern American history continues to plow through the cesspool of hatred to establish a new social media paradigm. Think recent SCOTUS ruling to get an idea of how this works.
Considering any slightly positive news would double or triple the price I would say a reasonable smart goon...
From like 20 bucks to 80 in a 4 month period and people don't expect volatility? Seriously
AMC has always been a "what if" play. It could drift down to a few bucks or a market event could force over leveraged shorts to fail into a MOASS. The thought of that alone is worth the wait.