/biz/ - Business & Finance

[Anonymous No.30017919]

Is AMC still primed to blow or did the meme stock bubble burst?

[Anonymous No.30018124]

AMC was never pumped to unsustainable levels. If you look at its overall price history its past overdue for a major rally. The price action on it right now is is organic, and likely is even being suppressed by the people who had been bagholding looking to mitigate losses.

[Anonymous No.30018276]

No, it is mostly owned by China, too many institutional investors willing to dump their shares, and they will issue more shares to take advantage of the retail demand.

[Anonymous No.30018321]

It's hitting pre-covid prices now so realistically it's probably not going much higher unless people start going out to movies en masse again. Hoping for a quick pump from the reddit retards though to make a few bucks.

[Anonymous No.30018479]

>>30017919
Yes
https://youtu.be/BHJuwOe22Fc
https://youtu.be/_LZA-YRX2Uo

[Anonymous No.30018559]

It's over

[Anonymous No.30018795]

AMC has always been a Chinese communist cyop to distract from GME. AMC has no chance. People still buy games but no one goes to movies. Biggest evidences is all AMC CEOs and insiders unloaded their bags during the pump, at least Cohen didn't sell a single share of GME.

[Anonymous No.30019234]

Keep doubting small hat mafia faggots.

[Anonymous No.30020223]

AMC will be the next one to pump.

No matter how you look at it, it'll be the next one.

When? Is the key question.

[Anonymous No.30020566]

>>30017919
just remember how long it took for GME to moon. AMC is a correlation play to GME. if GME moons then so will AMC

[Anonymous No.30021739]

>>30017919
oh yeah anon any day now the stock is going to the moon right anons please I just want to recover my loses this is so bad I can't afford to buy myself some chicken tenders if I am in the red like this

[Anonymous No.30021785]

>>30018479
more or less this
Look at its recent chart activity and compare it to GME and tell me if you see anything of note aside from the fact its far cheaper.

[Anonymous No.30021839]

amc will eternally crab at 8 while all the retards circlejerk to death about hodling while the rest of the market runs

[Anonymous No.30021923]

>>30017919
The whole basis to AMC mooning is "Well GME mooned", so no it is unlikely to moon.

[Anonymous No.30022055]

If you faggots havent understood yet, its all a meme. You have now been roped into the stockmarket euphoria. It happens every so often with big hypes. But think about it, AMC has huge ammounts of debt and even when they reopen. Who the fuck still goes to the theather..? It was all a meme and the meme is over. Learn what a dead cat bounce is faggots.

[Anonymous No.30022084]

>>30018795
>cyop

[Anonymous No.30022277]

I’m gonna put my gains into GME into AMC once (if) GME moons then I’ll have $100

[Anonymous No.30022429]

[Anonymous No.30023531]

>>30022055
literal retard who doesn't know they just paid off a huge amount of debt

also likely a faggot who's never gotten pussy or taken a date to a real life autistic unfriendly theatre

[Anonymous No.30023594]

Didn't amc commit to printing like 46 gorrilion new shares or some shit? That would nuke any potential for a long time.

[Anonymous No.30023701]

>>30017919
Options. Shorts. Institutions. Hedge Funds. Republicans. $700 Omega squeeze on market open Wednesday.

[Anonymous No.30024175]

>>30022055
This made me realize that movie theatres can only survive if they ditch the retarded seating arrangements they have and opt for smaller, more high class arrangements. Nobody wants to go to a theater and sit in the front row at the very edge and get a migraine for 2 hours when I can just watch at home, but fresh popcorn, drinks, snacks and comfy reclining seats for a big premiere might still pull me in

[Anonymous No.30024316]

>>30021839
Good. I'll just do some covered calls and rent out my shares. Will break even in a year and still own the stock.

[Anonymous No.30024560]

>>30022055
Starting to get pretty annoyed at all the literal virgin autists on here that think people don't like movie theaters just because they don't.

[Anonymous No.30024639]

>>30017919

Thet cut new stock a month ago for debt relief it helped bail out the hedge funds that shorted the stock

[Anonymous No.30024800]

Movie theaters need Marvel super hero movies to make money these days and Marvel.has not released anything into theaters

I will see Mortal Kombat in the theaters April 16

[Anonymous No.30025337]

>>30021923
no, the basis is being the #1 shorted stock. Then the price was pumped too early but the play is finally on.

[Anonymous No.30025600]

>is it going to moon
maybe ? only a madman is absolutely certain. If you're in it just for mooning then you're kinda fucked.

[Anonymous No.30026078]

>all these losers claiming nobody goes to the movies anymore

The movies are one of the few entertainment options that pretty much everybody can afford, they aren't going away any time soon. For many, sports events tickets, vacations, theme parks, cruises, etc are too costly to purchase more than seldomly. You can still take your family to the movies for $12 per adult and $10 per child plus more for some snacks.

Beyond that, you have to spend quite a bit on a home theater to get an experience that is even close to the quality of a proper movie theater.

This stupid trend of claiming movies are going away is just an example of smoothbrain dipshits saying stuff that sounds good in their pea brains, but isn't actually true

[Anonymous No.30026113]

>>30025337
It's not though. It's only got a short interest of 13%.

[Anonymous No.30026162]

>>30026078
Movies aren't going anywhere. Theaters are. Learn the difference.

[Anonymous No.30026399]

>>30026162
You're wrong. Theaters will be around for a long, long time.

In 2018, ticket sales were 10 percent lower than their 40 year high set in 2002. There has been a modest, gradual decline over the past 2 decades, but nowhere near the level that warrants the kind of soi faggot doom and gloom "theaters are dead" posting that you see midwits throw around.

Sure in the coming decades there may be a small reduction in theaters on the order of another 10% or even 20%, but that means there will still be over a billion tickets sold per year. You're flat out wrong faggot.

[Anonymous No.30026776]

>>30026399
I'm not. You're delusional. The only thing that will be around for a long, long time will be the abandoned buildings that used to be theaters because no one will buy the real estate.

[Anonymous No.30027006]

>>30026776
What's your timeline for your fire and brimstone prediction of theaters going away? Ballpark some numbers for me, how many ticket sales will there be in 2030, if you had to guess? For reference there were 1.311 billion in 2018

[Anonymous No.30027196]

>>30027006
What makes you think we are going back to normal after 2020?

[Anonymous No.30027215]

>>30024800
I don't think it needs Marvel, that's just what sells right now. If the fi;m industry would actually take more risks and release more original stories we might enter a renaissance of cinema.

[Anonymous No.30027307]

>>30027196
Because this was just a manufactured exaggerated shock event to push through acceptance of some attitudes and policies that the control matrix needed to advance their goals for the next couple decades. It's like 9/11.

Things are never going to be totally the same, but there will be some return to "normal". The system is worth more alive than dead, they don't want to totally destroy it, they want ironclad control over it.

[Anonymous No.30027378]

I guess everyone forgot that during the pandemic every theater got reamed except Cinemark and AMC. AMC is in a prime position to get dominant market share. Not to mention its the number 1 held stock on Robinhood and we have a stimulus coming soon. AMC will moon regardless of shorts

[Anonymous No.30027417]

>>30018479
anon, I fucking told you the coke head was wrong but you wouldnt listen. GAMMA PUMP INCOMONG

[Anonymous No.30027920]

>>30018795
People buy games but not from Gameshit. You can order physicals off Amazon for a bit cheaper esp with Prime account. Games are going digital and Gamestop can never step up to Steam or even GoG on that platform.

[Anonymous No.30028125]

>>30023531
>autistic unfriendly theatre

The spergs should give AMC a try! They've done more than most to be sensitive to their special screening needs.

[Anonymous No.30028762]

>>30017919
I'm gonna give an accurate answer. Nobody knows what the fuck is going on. Long term it has better fundamentals than GME so if Movie Theatres do well again, AMC is not a bad hold.

But regarding the short squeeze, volume and price action. Some fight is going between big players. And the almost carbon copy charts to GME shows it's part of the same play. Considering the pump for AMC is not as dramatic gives some room to speculate higher. However I'd still season expectations with a dash of realism.

[Anonymous No.30030508]

A lot of the AMC share holders that bought at 6 dollars a share forgot to dump their bags when AMC went past 15 last month

Now AMC might not make it back to $15 dollars a share for a long time

[Anonymous No.30030591]

>>30025337

Number 1 shorted stock is still game stop

Even so called reputable firm like TD Ameritrade was naked shorting the stock