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Why you should buy AMC
AMC was $390 a share in 2021 when Covid hit the stock went from there to $7 a share 2023. the Covid pandemic is gone I expect things to go back to normal. Thanksgiving just had a record over 400 million sales. it tells me people are coming back to the theaters again and I expect this Christmas we will see something like we did again. I think AMC is under valued $5 it should be at $55 to $100 a share. Now Roaring Kitty is back he only invests in low value stocks. you look at GameStop it’s not at low value price but AMC is at its at that $5 value the same like GameStop was. so I’m betting big on AMC and you should too.
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Trump 2.0 Era: What's the next opportunity in the markets?
▪️Could Trump's crypto policies potentially benefit the crypto market? ▪️Might his tariff policies have a positive effect on Chinese stocks
Michael McCarthy CCO
Jan 3 11:57
Ask a strategist - Trump's first day
Parp : AMC has a low price but is not very under valued, GameStop has a higher price but is mildly undervalued. Ryan Cohen is an active CEO unlike Adam and is constantly focused on reinventing the company and trying new things. Adam is focused on making money on diluting his shareholders, no thanks.
already_rich : best of luck. i dont believe in AMC at all, but i know i cant talk you out of it
amc has no fundamentals, has never even been touched by roaring kitty, and all of it price action is absolute shit. it only pumps when gme pumps, so why not just buy gme?
BUT
if hedge funds are using basket etfs to short gme ( $SPDR S&P Retail ETF (XRT.US)$ short interest), amc might run too when gme moass's. i hope it does enough to give you and all the other AMC apes what you're looking for.
but please don't only buy AMC. have some GME too, even if you have more AMC. just in case, yk?
Ken Griffin Charity : Why are you comparing 2024 to 2001? Was streaming around in 2001? No. Has consumer behaviors changed? Yes. Also, AMC IPOed in 2013. Not sure where you’re getting 2001 from.
Theatres already fully opened up by the end of 2021, that’s why the box office doubled. But it’s very clear that since 2021, Hollywood has slowed down production of movies, and we are not getting anywhere close to the same number of releases as 2019. And not to mention the streaming market is also on the uprise.
It’s not even a matter of opinion either; the numbers don’t lie. It’s not 2021 or 2022. It’s 2024. And the year is already ending. Things are back to normal. There is no magical recovery, because the pandemic has changed consumer behaviors.
Roaring Kitty is also not relevant to the fundamentals of AMC and exists only to further the meme stock status of GME and associated meme stocks like AMC.
Darkvee OP Ken Griffin Charity : Sorry about that I meant 2021 not 2001. I just replaced it. Thank you for letting me know.
Sareus : Sorry to tell you. But AMC was never that high bud, it was $77 at its peak.
Cashcauterize Sareus : I think your thinking of GME @ 390, it was in the 70's I know I sold at $68.00 then rebought again at lower prices
Darkvee OP : AMC was at $390 here’s screenshot
Jimmy Fullwood Ken Griffin Charity : Lmao
Billy Badass Darkvee OP : it shows that because of the delusion and reverse split to bring the ticker price back up so it could go lower your $5 stock is .50 pre reverse split
Ken Griffin Charity : I think it’s self-explanatory at this point why AMC is uninvestible when its own CEO still needs to raise cash to keep the company afloat![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
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