Replies to post #16835 on AMC Entertainment Holdings Inc (AMC)

[jxphilli]

I predict a blast over $16 this afternoon. IMO

[Rccowboy]

I predict it in the $10’s before the end of the week.
Serious question: What makes AMC worth more now than pre panic price? From March of 2019 to March 2020 AMC feel roughly 50%. This was way before Covid people. Before anyone even heard of Covid AMC was struggling to keep the pps up. In the last few years leading into this damn pandemic the pps has gone from roughly $40 a share to about $6 a share. Now people are actually thinking that because there are vaccines being administered suddenly AMC’s pps is going to $100? AMC is not a trillion dollar company people.
What is a realistic price target? Because it’s not $100, $50, $30.
JMO