$AMC Entertainment (AMC.US)$ Because AMC Entertainment has b...
$AMC Entertainment (AMC.US)$ Because AMC Entertainment has become the premier meme stock, it no longer trades on the value of its business or its fundamentals, but rather how much internet and social media chatter it can generate.
Although a record-breaking holiday weekend ought to have tongues wagging, the comments are just as likely to be pointing out that the theater business is decidedly not yet back to pre-pandemic levels, and it could be a long slog for movie theaters to hit those numbers -- if ever.
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MuscMoo : look at the buy sell ratio on fidelity. this is a short squeeze play and you know it. you just happen to be on the other side. good luck with that, no one, and I mean no one, is selling.
ur wifes boyfriend : other movie theater stocks are much higher than AMC. trading fundamentals in AMC doesn't do nothing. shorts have not covered and I still shorten it for years now. they thought AMC would go bankrupt and never have to cover. they didn't expect Apes to come in and stop it getting run into the ground thru cellar boxing. well surprise!
Yassien OP MuscMoo : Maybe this is not a good time to buy?
Yassien OP ur wifes boyfriend : In the end, it was the apes who triumphed.