AMC Entertainment Holdings Inc (AMC)

[Nebuchadnezzar]

because of Adam Aron's re-engagement on twitter and enthusiasm with the "apes" and the $1.5-$2 billion cash position, there is a floor somewhere in the $20s with this stock. AMC is also acquiring more theaters and changing the landscape and reinvigorating the use of the big screen for more than just movies so AMC is definitely not the AMC it was pre-pandemic.


AMC holds most of the cards now on where this business goes, minus any more government lockdowns. The really interesting news over the last 10-14 days is the issues Disney is having with releasing movies and streaming at the same time, it might not be the best strategy, which in turn, is bullish for theater chains.

Obviously, theaters may never have the same appeal as they did in the 80s or 90s but I think there will always some decent demand for them, and much of that change was never in AMC's or any other theater chains control anyways. People are fickle, things change over time and go in cycles.

Who knows what the real future holds for all of Hollywood and big movies.

All I know is this stock is still liquid, and should be rather liquid for some time to come.