Anybody here invested in AMC?

xShot said:

Been steadily increasing my position since Febuary, and was just wondering if anybody else here is involved with the movement. Obviously been a rough week for the stock, but I'm hodling strong.

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reddogred said:

Been in since February too. It can be discouraging to see dips like these, but its not going to shake the real ones off. If we didn't sell at 70, damn sure we aren't selling at these prices. The main thing to keep in mind is, the whole point of them trying to short the stock was to bankrupt the company. Thats for sure not happening as AMC has come back stronger than ever, taking on investor suggestions to great success and doing big box office numbers. Its costing them constantly to keep laddering the price with synthetic shares, either they run into liquidity issues (likely what the crypto dip is currently, hedges cashing up) or smaller funds shorting AMC think I can cover at these lower prices, then anyone still in gets vaporised with margin calls, eventually leading to the big funds following suit at higher prices. Q4 is here and investors are gonna be questioning why funds are in such stupid plays with their money.

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IamNRE said:

You need to paperhand and sell.

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IamNRE said:

Hhaaha mate, that sqoze has sqozed.

It was fun while it lasted, but its time to paperhand and go back to working at wendy's.

Its not going to go to $100. I honestly doubt it. It could if Adam the CEO wasn't a old fart, but the guy isn't innovative.

$AMC needs to do a partnership with Netflix and host Netflix & Chill nights or Netflix and Booze or Netflix and BBQ 3 nights per week and charge $1 for people to enter.... (it will be PACKED) and make money from selling booze/BBQ ... and they'd only need to pay Netflix a small fee VS paying hollywood like 90% of the ticket revenues.

That's just idea... they need at least 2-3 solid new ideas that are innovative and would make them standout from the other cinemas. Sadly Dinosaur Adam isn't going to take you to the promised land.

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xShot said:

Retail owns the entire float, maybe 3-4x over. Barrons just reported margin debt at $936B (up 40% from the same time last year), and AMC is still one of the most heavily shorted stocks on the market. Hedge funds must close out their positions eventually, and they could have done it at $5 but they continued to short. Also, if you look at the company from a bird's-eye view, you'll see that things are actually looking great. Record ticket sales with the spiderman NFT amidst a pandemic that was supposed to put them out of business is a testament to this, as well as them knocking their earnings out of the park.

At the end of the day, I've invested what I can afford to lose. I say this not to brag, but my 2k shares could drop to zero and it would have the emotional register of a stolen pair of shoes. I believe in the stock, and for that reason, I HODL

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reddogred said:

Been in since February too. It can be discouraging to see dips like these, but its not going to shake the real ones off. If we didn't sell at 70, damn sure we aren't selling at these prices. The main thing to keep in mind is, the whole point of them trying to short the stock was to bankrupt the company. Thats for sure not happening as AMC has come back stronger than ever, taking on investor suggestions to great success and doing big box office numbers. Its costing them constantly to keep laddering the price with synthetic shares, either they run into liquidity issues (likely what the crypto dip is currently, hedges cashing up) or smaller funds shorting AMC think I can cover at these lower prices, then anyone still in gets vaporised with margin calls, eventually leading to the big funds following suit at higher prices. Q4 is here and investors are gonna be questioning why funds are in such stupid plays with their money.

Click to expand...