Reddit’s GameStop traders have turned their attention to struggling movie theater chain AMC. Thousands of investors are trying to push AMC stock price up to create another short squeeze. There are LOTS of movies waiting to be released. Lol. Regardless of the proxy I think we should all at least reinvest and support AMC once this is all done with. Kelly Gilblom. I hope it will at least get to 8 so I can sell at double price to return investment and then let the other half just do it's thing. I’d have more cash then my kids kid could spend in a lifetime after taxes. But I’d never hold that long term. On Feb. 22, it gained almost 15 percent and looks set to continue the momentum on Feb. 23. Amc volume need to pick up massively at least 100mil to 400mill to push the squeeze to happen or we hold and hedgies will keep adding to their debt until they can’t afford shorting it and last but not least getting margin called. No one. Currently trading at just under 6. After languishing below $10 throughout 2020, the stock soared to a multi-year high of $20.38 in January 2021, pushing its market capitalisation to more than $3bn for the first time since 2017. I don't want to see their stock crash back to earth and leave them stranded with high IV and people afraid to invest. ... AMC’s stock rose 6% to $9.51 on Thursday. Fortunately for AMC, the majority of society is not in their right mind. AMC sat around $5 for quite some time before moving back up to the $14 range. I don’t just buy out of gut completely. As I know there is no floor on Space , Whatever we want it to be stay strong and hold the line we are winning even on our red days if we just hold. AMC is up more than 500% in 2021.There were approximately 133,000 Reddit interactions for the term AMC over the past week, according to Facebook’s CrowdTangle data … Despite this volatility, AMC has had an upward trend which is great news for all of its shareholders. We do not kill the giant on which shoulders we ride on. Press J to jump to the feed. I think that theaters are going to outperform people's expectations. Dying business. Fidelity closed my account and cancelled my transfers from Robinhood and Cash App Maybe it’s so I don’t miss the squeeze? Before CoVid hit this stock was in the 6-7 range not 12 and had been steadily dropping for months. Less customers in the theaters, people will need or want masks indoors (hard to stuff your face with popcorn= less popcorn sales), longer cleanings in between screenings = more staff hours and fewer overall screenings. Fidelity predicts possibility of AMC hitting over $900 in the next 90 days. AMC Theatres’ stock is a Reddit fave. AMC Considers Selling More Stock Amid Reddit-Fueled Rally By . Its stock price was very consistently in the $30 to $40 range prior to the pandemic yet it is currently still under $13. Source: rblfmr / Shutterstock.com AMC did … AMC stock has gone down considerably but its been falling like a feather, as softly as possible, instead of dropping like a rock. It had huge issues with debts and growing profits. There’s still a great deal of uncertainty surrounding the markets this year. I think that it is almost certain to at least get above $20 in the next month or two. 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 $20.36 on Jan. 27. Some time in the next 1,000 years, but maybe before, possibly after. AMC Entertainment Holdings Inc - Class A Stock Forecast, AMC stock price prediction. Plus, the rule of only being able to take off your mask to eat and drink is likely to encourage more people to buy food and drinks at the theater just so that they have an excuse to take the mask off. It doesn’t just sound retarded, it is retarded. Katherine Doherty. But AMC Entertainment and other stocks … Cinemark is a much better run company and it is in much better financial shape than AMC. Reopen theaters means SOME revenue will come back, (they’ve made basically nothing post covid which is a big problem on its own) but nowhere near the pre covid levels unless they can significantly raise their prices. AMC Entertainment NYSE Updated May 11, 2021 8:00 PM. I really don’t see this gigantic theater going out of business. It’s not just that many people won’t come back for a while, they also need to sacrifice capacity in theaters in order to operate both legally and to make customers feel safe. Whoah I’m talking about short term here. And when it happens, you’ll know how much. Press J to jump to the feed. Press question mark to learn the rest of the keyboard shortcuts. Who in their right mind wants to go to a movie theater right now? I have other safe stocks but I like to jump on a chance before it spikes up. That’s pretty sad if it does happen and really hoping it doesn’t. Diamond hands regardless, I’m not selling. If they can get people in there to buy that $20 popcorn and coke combo that cost them .20 they are golden again. People are tired of being locked in the house and want to go out again and enjoy things like a night at the theater. Previous high prior to covid 12-13. Discussion. Thinking of putting a small 1k on it. Between $0.00 and $1,000,000,000. Bought it at the beginning of the week, I can see it going up at least until opening day and then probably there will be some sell off, unless something happens again to postpone the opening. GameStop shares plunged Monday as Reddit’s favorite “meme stock” retreated from a rally that turned Wall Street upside down last week.. 3.0k. I think they are in good position to float through the rest of this pandemic and then promptly go back to bringing in a billions dollars in revenue every quarter. Everyone has a kitchen, but people still go out to eat. When it happens, it happens. AMC stock forecast But depressed ticket sales are not the only issue threatening AMC, as studios such as Disney (NYSE:DIS) are skipping theater releases altogether . What to Expect in 2021. Those .15 tickets to old movies arent going to rake in the big bucks? Anyone think it’s a safe pick for at least a swing trade or long term. And food/drink sales is what makes the most money for theaters. It was not a very strong company before all this. AMC’s stock price has been quite volatile for some time now. AMC Raises More Cash Amid Reddit-Driven Share Price Surge A group of investors including private-equity firm Silver Lake will convert $600 million of AMC convertible senior notes into stock … Check out our wiki and Discord! ... We ordered the sweet tendies and enjoyed the show! View which stocks … Andrew Cuomo impeachment investigation: NY lawmakers promise wide-ranging and lengthy inquiry. 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This stock was in the 6-7 range not 12 and had been steadily dropping for months use cookies our.

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