Let the Credits Roll
In February 2023, InvestorPlace contributor Chris Lau made a similar case to Tanner’s as to why investors should sell AMC stock. He noted that the company is in “survival mode,” operating at a loss while loyal retail investors continue pouring money into it. This isn’t a good investment strategy, and it won’t yield any promising returns, as AMC still boasts the broken fundamentals that landed it on the zombie stock list.
Just as people tend to run away from zombies, investors should steer clear of AMC stock as it continues its downward trajectory. As InvestorPlace reports, AMC is an outdated company whose outdated business model has continuously rendered it unable to innovate. Now more than ever, it should be ranked among meme stocks to sell before they die. $AMC Preferred Equity Unit(APE.US$ $AMC Entertainment(AMC.US$ $GameStop(GME.US$
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MuscMoo : yeah investor place always has our best interests in mind
70570057 : Shill and nothing but FUD and lies.
Jmtec : OH NO!!! MAYBE I SHOULD SELL MY 43,000 SHARES NOW BEFORE IT GOES UP TO $2.50 and I double my position
Jmtec : OR BEFORE IT GETS CONVERTED TO AMC AND I TRIPLE MY CASH!!!
