AMC is not going bankrupt.
$AMC Entertainment (AMC.US)$ Now they can raise cash. The company needs to increase profits to pay off the debt. AMC is on the recovery path after the lockdown.
It takes time, so I need to be patient.
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Ken Griffin Charity : Yes, if you ignore the class action lawsuit, the audience move to streaming, the SAG/WGA strike, and the 4.8B in debt repayments, AMC could be profitable.
affable Eagle_2095 : It’s was profitable last quarter and it will be again this quarter ! Too bad aa will dilute that stock again ! Sucks but hey short the hell out of it for the next 6 months ! Bk 2026 ! Unless aa raises ticket prices ! He could double the price ! Most that go to theater will pay whatever it costs !
John 3 16 OP : No idea when the squeeze but we shall see the market collapse soon.
72961482 : I have a bit of confidence in companies I'm optimistic about
Ultratech : maybe not bankrupt but certainly dying off