$AMC Entertainment (AMC.US)$ release earnings today after cl...
$AMC Entertainment(AMC.US$ release earnings today after close
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chubbybunny : Regardless of the results, we are holding. We buy AMC not merely for a good financial result. It's so much more than that
dogzilla OP chubbybunny : Will it beat the forecast?
chubbybunny dogzilla OP : To be honest, I didn't bother about the forecast. Maybe others can assist you on this query. Sorry in advance
GM 1 : It’s never about the Fundamentals…
dogzilla OP GM 1 : In this case, it is. It depends if the result can beat the prediction or not
GM 1 dogzilla OP : Earning forecasts… Unlikely anything positive .. because we know beforehand this is for now a money losing biz..but paperhands will get skittish (because they don’t understand the prOcess) once HFs use the mind game on them using this
dogzilla OP GM 1 : The forecast can be bad, but if the result beat the forecast, the stock can still gap up, vice versa. That's how it's played.
dogzilla OP GM 1 : If the forecast is - 1.20, and the reported result is - 1.15, it is considered better than forecast, and it will gap up, although it is negative
dogzilla OP chubbybunny : Anyway this is a meme stock. The price is driven by social media hype, not financial result