Replies to post #62606 on AMC Entertainment Holdings Inc (AMC)

[Nebuchadnezzar]

i got called away at $40-60.00

i have a much smaller position here now. with that said, I still think AMC is heading to $20s, where I will add again for a much longer term play as I believe AMC will be on much better footing assuming the delta variant doesnt cause major shutdowns and or movie going continues to improve.

I am very interested in if AMC will acquire some of those theaters in southern california.

in terms of the gamma squeeze or short squeeze, I was always a doubting thomas for any price above $60, it hit $77 which was very impressive

the $100+ price targets are not happening IMO without something substantial or major share buybacks in the coming years assuming what I stated above plays out.

plus, I still try to swing trade this and will continue to be long AMC

I am just realistic.

next week is big earnings week for TECH, the markets will likely be nuts next week. Lot of volatility