|
03-17-2021, 12:48 PM | #8581 |
I'll be back.
Join Date: Nov 2002
|
All my stonks are going green.
Let's make some ****ing MONEY |
Posts: 280,082
|
03-17-2021, 01:28 PM | #8582 |
Andy Reid Supporter
Join Date: Apr 2012
|
My stimmy hit dat deposit today. Not sure what I’m buying but I buying on this beautiful dip
|
Posts: 46,479
|
03-17-2021, 02:19 PM | #8583 |
Mammoth penis
Join Date: May 2006
Location: Springfield
|
UWMC up almost 7% on the day and up another 5% so far after hours.
|
Posts: 11,432
|
03-17-2021, 02:31 PM | #8584 |
I'll be back.
Join Date: Nov 2002
|
BIG BOYS BUYING AMC BABBEEEEEEEEEE
|
Posts: 280,082
|
1 0 |
03-17-2021, 03:12 PM | #8585 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
|
|
Posts: 45,762
|
1 0 |
03-17-2021, 03:13 PM | #8586 |
I'll be back.
Join Date: Nov 2002
|
IT WAS UP 8% AH
|
Posts: 280,082
|
03-17-2021, 04:12 PM | #8587 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
|
|
Posts: 45,762
|
03-17-2021, 04:24 PM | #8588 |
Banned
Join Date: Jan 2013
|
I swear to GOD there is not just ONE investing site, thread, or post that isn't just cock comparisons and dick smacking.
|
Posts: 53,803
|
03-17-2021, 04:46 PM | #8589 |
Mammoth penis
Join Date: May 2006
Location: Springfield
|
AMC CEO Adam Aron bought $949,368.00 worth Class A Common Stock today. Great catalyst.
|
Posts: 11,432
|
03-17-2021, 04:53 PM | #8590 |
I'll be back.
Join Date: Nov 2002
|
|
Posts: 280,082
|
03-17-2021, 09:26 PM | #8591 |
In Search of a Life
Join Date: Aug 2005
|
|
Posts: 43,200
|
1 0 |
03-17-2021, 10:05 PM | #8592 |
Fish are scared of me
Join Date: Nov 2001
|
VYGVF
Coin exchange like Coinbase. OTC stock at $23 .Chart looks pretty damn good. |
Posts: 40,495
|
03-18-2021, 02:37 AM | #8593 |
Starter
Join Date: Jan 2019
|
I doubt it. It wasn't close to even 40 before the pandemic and it has issued costly debt since the pandemic.
The other factor is HBO Max is having more movies go straight to homes and in theatres less. This trend may hurt AMC's profitability. AMC is just having the bounce right now since bankruptcy is off the table for the next year or so. How well it does going forward is a different story. I predict they will be profitable but just not that profitable since they don't have that great of pricing power in comparison to the movie studios. If the stock goes much higher than it it is now like to even the mid 20's, fully expect AMC to sell a boat load of shares on the open market driving the stock price down to the teens. It may not even be convertible debt if they can off load shares at a high enough price. Yes, AMC obviously hurt by pandemic which should end this year but more movies going straight to streaming services hurts AMC. AMC will survive or at least if they don't some other big movie theatre chain will come to replace them but how profitability it will be long term is a different question. They are just a distributor and that doesn't appear to pay as well as content providers. When people in today's dollars will be able to buy 83 inch OLED TV's for $1000, it truly may be less people at the theatres. It may take 8-10 years but expect even OLED TV's to drop to those prices for basic ones. |
Posts: 572
|
03-18-2021, 05:09 AM | #8594 |
Mammoth penis
Join Date: May 2006
Location: Springfield
|
|
Posts: 11,432
|
03-18-2021, 05:25 AM | #8595 | |
Mammoth penis
Join Date: May 2006
Location: Springfield
|
Quote:
https://www.reddit.com/r/WallStreetb...m_source=share |
|
Posts: 11,432
|
|
|