DD. I've said in other threads about it I just think that: 1) even before this I thought movie theaters were in slow decline (which has been accelerated by this) and 2) everything has to go right: there can't be more movies delayed (Tenet is still 7/31; that will be an indicator; Mulan might get pulled - then there's not all that much of note scheduled until November EDIT: Tenet delayed again into August), people have to be eager to go back to the movies, etc etc. However, the future is bleak, and the stock is extremely overvalued. What to Expect in 2021. AMC Entertainment Holdings, Inc. (NYSE:AMC) issued its quarterly earnings data on Wednesday, May, 5th. They are trying to give the hedge funds an opportunity to drive the price down so you quiver out and sell. See DATA BELOW. Cash app not allowing AMC shares along with RH limiting shares is making it dip a lot....when that is sorted it will shoot back up. Disagree, argue, criticize, but no personal attacks. If they stay closed any longer they might go bankrupt and close all locations. They’re f’d either way. The company’s new two- to three-year outlook projects net unit growth of 6% to 8% and global retail sales growth of 6% to 10%, excluding foreign currency. Violations will result in a minimum 30 and likely 60 day ban upon first instance. We don't moderate (much). Press question mark to learn the rest of the keyboard shortcuts. And we still have to go through Q2, Q3, and Q4! USD. Moral of the story, I like the stock. … Domino’s first invested in Dash in the second quarter of 2020, acquiring a noncontrolling stake for $40 million. Please note that as a topic focused subreddit we have higher posting standards than much of Reddit: 1) Please direct all advice requests and beginner questions to the stickied daily threads. For the retail investor this means the upper hand is yours. 4. AMC shares bounced as New York reported to be opening theaters. This is backing up, adding strength, and adding validity to all the DD that everyone is doing and putting out there that AMC is NOT A DEAD CAT. Also, the stock is … We use cookies on our websites for a number of purposes, including analytics and performance, functionality and advertising. Total Shares: 6,294,988 … AMC might be the biggest movie theater around the world but they aren’t the only movie theater around. No upvotes for amc stocks posts. Fundamentals do not drive AMC’s value at this time, so Reddit’s WSB should avoid this stock. Thought the trend was going to continue but as of late I was wrong. Huge backlash. They are trying to scare you into selling. Let's start a little about AMC [Last Year Especially] AMC is an old American company made in 1920 and it has been around for over 100 years. Thomas Yeung, ... the top-five cannabis stocks mentioned on Reddit’s subreddit, r/WallStreetBets ... AMC … You have found the place. Predicting will hit $90 by Friday. I think movie theaters are in a very difficult situation, and I don't see a way out for them. We did learn a few things, however. You can't force the market. Diamond Fucking Hands. More posts from the WallStreetbetsELITE community, Continue browsing in r/WallStreetbetsELITE. … Diamond hands only Hi, welcome to r/investing. AMC stock has gone on a huge run since it caught Reddit's attention. 2021-04-14Join us for the AMC Stock daily suicide watch! But AMC… The reasoning, Because when $AMC was at $4 it jumped to $20 because of hype of people buying it and not because of a squeeze, so from $4 to $20 that is a 80% increase which means if we get another … Just my opinion. Not zero, negative zero. I’m asking because I bought shares last week and wondering if I should just get rid of them and take my losses. FAILURE TO DELIVER. You should check out their Twitter feed. Its interest expense from its corporate debt was $292 million in 2019, … This includes beginner questions and portfolio help. Huge backlash the other way. How many people do you know would want to sit for 2 hours watching a movie with a mask on? They're pulling Mulan. To the moon we go, That’s a terrible prediction given the current manipulation lol, Well we should know by tomorrow if this is a stay or jump ship situation. 5. That's going to be uncomfortable. Let’s take a look at the current top 10. GameStop shares plunged Monday as Reddit’s favorite “meme stock” retreated from a rally that turned Wall Street upside down last week.. I have a bearish call spread on AMC because I believe they’ll be bankrupt by August/September. We use cookies on our websites for a number of purposes, including analytics and performance, functionality and advertising. Probably due to a short squeeze prompted by Reddit users, along with the media attention this generated, AMC stock catapulted to a stunning 52-week high of … It is trading at $5.36, which is below the previous double-top range of $7.70. If it tanks, I’m still holding for the long term. I see AMC has had some recent significant drops, would now be a good time to buy some shares or is it a lost cause at this point with COVID? What is a jump shit situation looking like if that were to happen? Texas has stalled reopening plans, WB has already pushed back the release of Tenet and Disney is mulling the postponement of Mulan. There’s still a great deal of uncertainty surrounding the markets this year. Posted by 29 days ago. Meme Stock Predictions for 2021: Where Will GME, BB, AMC and Bitcoin Go? AMC Prediction: March 5-March 11 Huge Gains. DO NOT FALL FOR IT. They first announced that they wouldn’t require masks. We’re a great fam apes, I’m glad to be with you See Also : Is Now The Time To Buy Stock In Southwest Airlines, AT&T Or AMC? AMC Stock Price Predictions | Technical Analysis | Gamma Squeeze & Short Squeeze Is Coming! Reddit’s GameStop traders have turned their attention to struggling movie theater chain AMC. Enjoy actual free discussion. 465. The bonds are trading in the 30s despite the fact that their is an ongoing tender offer (that keeps getting extended) to swap bond holders into higher lien bonds at ~50 cents on the dollar. You tell me, is now a good time to invest in theaters when no movies will be released and no people will be going to them for some time? AMC Entertainment has raised over $2 billion dollars to hold them off until the year 2022. Buyer will be benefitted. I expect they will give it a go for about a month, figure out quickly that they’re doomed, then file Chapter 11. AMC Entertainment Holdings and its investors have opted to take advantage of their recent Reddit-inspired share-price surge. If everything goes right, great. OC. The business earned $148.30 million during the quarter, compared to analysts' expectations of $161.18 million. -2.23 -9.24%. This is a coordinated attack by the elite on the free market! DD. Things are looking particularly bullish and optimistic to say the very least. AMC was up 6.7% at $10.44 at last check. Then tack on studios moving new releases back, which further lowers demand. In fact, the capital raises came before the “Reddit rally,” and sent AMC stock to an all-time low. Tenet may embarrass WB, but the bright side is HBO Max will have it soon. OC. A move by brokerages to curb trading sent most of the hottest Reddit-fueled stocks lower Thursday after initial gains earlier in … Now on Day 3! This might signal that the bond holder majority who has banded together and hired counsel is unlikely to be supportive of the swap. Gains coming... HOPEFULLY! Once vaccines take hold and things begin to open up, I think the social movement behind AMC will propel the the business forward once folks go back to the movies. Just a continuation of the stock bleeding? While much of this was brought on by the Reddit short squeeze in … The company reported ($1.42) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($1.30) by $0.12. Shares of the happiest of exhibitors AMC Entertainment continued an upward trajectory Monday fueled by retail traders on Reddit chat rooms, even as … Many can step up and take their place. AMC has benefited from a Reddit-fueled investing frenzy that sent heavily shorted stocks into the stratosphere this week. AMC, a meme stock and another Reddit darling, also rose on news that Wedbush analyst Michael Pachter doubled his price target from $2.50 to $5.00 … I have no idea what it does in the next week or month but buying these sorts of situations is (at least for me) just not appealing - I really want things where I feel strongly positive about the short and long term. Discussion. 3 Reddit Stocks That Could Fall 75% to 94%, According to Wall Street ... AMC managed a cool 525% gain last month and eked out a minuscule gain on Monday, Feb. 1. New comments cannot be posted and votes cannot be cast, Press J to jump to the feed. Press J to jump to the feed. But what’s our predictions for the next couple days?! 3. AMC's annual interest payments were already steep coming into the pandemic. Insulting another member of /r/amcstock for their finance decision will be grounds for a ban. The recovery is not a IF, but a WHEN. Below is a technical analysis of the AMC stock chart. So imo I’d say it’s a risk. AMC Prediction: March 5-March 11 Huge Gains. It's over. Holding strong. So then AMC reverses their position. That’s just my opinion though, not advice lol. AMC announced their Q1 earnings for 2021 on Thursday, May 6th. Please contact the moderators of this subreddit if you have any questions or concerns. Sounds dangerous to me. 2. Let’s look at the AMC Entertainment stock forecast. AMC will be 5 times the book on cash which will be around 15 in 3 to 4 weeks. If not, then stock goes lower and potentially worst case might be ch 11. SS stuff is all done now. 21.90. Caught a movie last night (Godzilla Vs Kong) and it was a packed house. Close. So, which Reddit stocks are trending right now? AMC is soooo back! We will not allow market manipulation on this subbreddit, we just like to stonk! If the swap is successful then there could be some residual value left in the equity, otherwise it is very unlikely. Please upvote for awareness! I am a bot, and this action was performed automatically. The daily chart shows that AMC stock has dropped substantially after hitting the year-to-date high of $19.79. HOLD HOLD HOLD and buy the dips! … I predict prices falling to negative zero. , Nice entry at $6. In turn, these investors are driving up a few certain stock tickers every day. No posts about other stocks or crypto's this page is for AMC only! If today’s coverage continues this way we might see a jump before EOD but won’t be anything substantial if you’re holding above ~$13.00. Do NOT Sell AMC - Here’s what going on. I got in at $19 like a goof. Don’t let the hedgies try to fool you! I have a prediction on if/when the squeeze happens $AMC will be worth $60-$80. Again, at Mar. either way i'm holding baby. 3) This is an open forum but we expect you to conduct yourself like an adult. 11, AMC … If AMC squeeze before GME I will put a xxxk on GME to help my brother and ride the second squeeze with them. The stock is down a lot because of this, but it's in decline for the last few years before this. AMC said the conversion would lead to the issuance of 44.4 million shares, handing the investor group a paper profit of more than $281 million. But AMC … Press question mark to learn the rest of the keyboard shortcuts. $AMC In pre-market is looking very interesting, Remember to hold and buy while you can cause its going up! 2 2. Similar to GameStop and AMC, Sundial has been buoyed by the Reddit crowd for its high short interest and the lure of its penny stock share price. Thousands of investors are trying to push AMC stock price up to create another short squeeze. I fucked up and bought at $17 but still holding strong! Last 2 days haven’t been great. No begging/affiliate links. WE ARENT CHASING GHOST, this is a real thing! Watch for the stock’s momentum and volume by the minute. No one will be left behind. AMC has been swept in a wave of volatility this week amid a David-and-Goliath battle between retail investors using an online Reddit message board called WallStreetBets to … AMC is due to release Q4 earnings on Thursday, February 25. And that's assuming they are even allowed to open at all. If you’re inclined to bet on the prospects of an AMC rebound, the bonds seem like a much better place to do that. 2) Important: We have strict political posting guidelines (described here and here). 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