No substance to these stocks.
$AMC Entertainment(AMC.US$ $GameStop(GME.US$ At any moment, a stock can be popular or out of favor for no good reason. But over time, a company's fundamental performance (i.e. revenue, earnings, and cash flow) is the main driver of its share price. Meme stock investors are learning this lesson the hard way.
Even at today's levels, shares of GameStop and AMC are extremely overvalued. GameStop is deeply unprofitable and burning cash rapidly. Its main growth initiative -- an NFT marketplace -- seems unlikely to fix things, given that crypto giant Coinbase's NFT marketplace has been a bust. GameStop's intrinsic value is probably closer to $1 billion than its current market cap of $10 billion.
Meanwhile, AMC would have trouble supporting its $5.5 billion debt load even if revenue and earnings returned to 2019 levels. And while theater attendance is improving, revenue remains well below pre-pandemic levels. That makes AMC's $6 billion-plus market cap very hard to justify.
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InsiderJesus : https://financialservices.house.gov/uploadedfiles/6.22_hfsc_gs.report_hmsmeetbp.irm.nlrf.pdf
Read this if you have any doubt
Zerocool888 : So, please answer my question. If there are no substance on both GME and AMC, why are Hedge Funds still shorting both of these stocks. Both stocks was suppose to go bankrupt last year but why is it still standing? They should be shorting more valued stocks instead of a dead stock claim by many shills and fudsters.
Parkway_Drive21 : I always like how these clowns have to make several posts screaming that these "meme" stocks are worthless. You know how many worthless stocks are out there? Yet they choose to bombard GME. Why do you people suddenly care where I invest my money? We both know the answer, and it isn't you "trying to help warn."
71438848 Leon : Always trying to put us down. I don’t know why?
May because you could benefit from us getting out? But any how keep your fundamental analysis to your self this plan is not fundamentally available any more!!
KloningCember Zerocool888 : it doesn't matter. this is the sole reason for the initial pump of the meme stock to begin with. a group of retail investors spread the news that short sellers were driving the stock into the ground so badly they were about to file bankruptcy. short sellers don't care about value. they want to destroy them
Zerocool888 KloningCember : Which is why we need to reply to some of this posts as a basic reminders to some new and inexperience APES who might fall for dumb analysis. We just use basic common sense to wipe out shills and fudsters. We are pretty simple APES - Green - we buy what we can can and HODL. Red - we buy MORE and HODL!
Chainsawparty : Guess I’ll keep buying shares for no good reason
robinmc OP InsiderJesus :
robinmc OP Chainsawparty : Should be analyzed.
robinmc OP Zerocool888 : When we go to analyze something, we should not give investment advice, everyone has to learn to judge correctly, we just use the fundamentals to see, after all, everyone has different ideas.
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