AMC will be the only Movie theatre that people will be going to.... why.
$AMC Entertainment(AMC.US$ AMC to 20.00 after a year is my prediction. They are debt free and now that most of America owns a slice, what theatre do you think they will be going to? Here's your hint, it ain't REGAL cinemas. Lol. Squeeze or no squeeze, to me this is a money maker.
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STD0313 : I really do hope everyone understands that by now....personally I can see Blackrock buying up another 250mil to average down.....lol
SpartanSqueezerAJ : They are today I saw about 500k shares get bought
autist35 : They also do some online rentals. I'm trying to boycott Netflix, YouTube, and Amazon Prime rentals at least for new movie releases, and use AMC instead. AMC is a company that we all can support. Before the pandemic and getting married, AMC is where I was going on dates. Happy memories there..
STD0313 : Where I live there is no AMC....I think they are all called regal or national cinema
DeepFookingValueOP STD0313: Betcha that Regal becomes an AMC at some point in the future.
STD0313 : That I wouldn't doubt. Honestly, I am not one that is very big into hype....but I think that by some of the positioning of some really big players in this....finally has aligned and tomorrow is going to be huge.
I dont know what other people see, but if I was a certain China held company with a majority share hold and I had room to convert class B to class A to make the shares sellable...but report "there has been no evidence of a sell off of that size.
So what are they up to? Do you think they might say look at this....these stupid mofo's have been shorting our company almost under......let me show them.
I really really think that was a sign. I could be very wrong. But my gut tells me they definitely wouldn't give up majority ownership. But if they could sell say a couple million in shares at 20, 50, 100, 1000 and still keep their stake.
I really don't often get this type of feeling. It's coming. And when it comes.....I really don't think it will be just retail investors that will be getting a new lambo.......
STD0313 : wow sorry got carried away....hope even half of it makes sense as I didn't proof read