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Tuesday, 02/09/2021 11:16:45 AM

Tuesday, February 09, 2021 11:16:45 AM

Post# of 147551
AMC

AMC reminds me of Blockbusters before it went belly-up. They had the video rental market, but the company was complacent, didn't innovate and allowed Netflix and others to lead in a segment they help create. Theaters have been around for decades, but the world has changed the past year in ways that compound AMC's challenges and ability to return value again to long term investors.

It is time for AMC to reinvent themselves, reimagine the theater business, to think outside the proverbial box, as Netflix did years ago or go the way of Blockbuster.

Yes, as others have mentioned, home theaters and large TV's are more affordable than ever, food is always cheaper at home, but part of the reason we go to AMC theaters is to experience the spectacle with others on huge screens with grand sound and for the same reason we still have malls with retail stores despite significant increases in Internet purchasing. We are and will always be social creatures with a desire to interact with others, experience shared moments and there's where opportunity lies for AMC.

IMO, currently, AMC is a trading and momentum play. Until the company looks beyond survival, and gives "investors" reasons to buy and hold, it will remain a favorite of shorters and traders. Money can be made in many ways, just be aware of the risks and do so with what you can lose.
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  • 1D
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