AMC Entertainment Holdings Inc (AMC)

[Beek]

Expect monster FUD campaign this week to try and pry any last shares out of the weak. They NEED your shares.

Evergrande just crashed to an all time low below $2 with their bankruptcy/default statement. Kasia and now Sunshine defaults also as dominos start to fall (Evergrande, Fantasia, Sinic, Kasia, Aoyuan, Sunshine now). Banks are going to want their money back so they'll be margin calling the SHFs to get liquidity back...(read 'close your positions now!')

AMC traded in 2015-2017 in the $30's when the fundamentals looked MUCH worse than they do now. On current path of revenue generation AMC is looking to go bottom line positive in 1-2 quarters. Nothing but positives for AMC moving forward now in both technical and fundamental projections.

Buckle up, this is going to get wild and rough as volatility ripples throughout global markets over next 3 weeks! I set price target alerts and will watch the game unfold from the armchair...maybe get some AMC popcorn to-go later today. mmmmm

If they want to take this even lower, let them bleed...I'll be adding.

All IMO/NFA.