Submitted by devine2029 t3_zr5hln in boston
therealcmj t1_j11x4js wrote
> The 13-screen cinema is new — it opened in December 2019 and closed three months later due to Covid-19.
Talk about terrible timing.
And AMC being able to raise more money coming out of COVID lockdowns thanks to people who use the word “stonks” makes this just… I don’t even know what.
seadev32 t1_j11xc9p wrote
Managed to see 1 movie there in the before times. It was a pretty nice theater, I'm curious if AMC will run it as a luxury style theater like arclight went for
Friendly-Matter-3819 t1_j132dxh wrote
Well, investors who like a stock did exactly what investors who buy a stock do. Help a company grow and make profits. Now short sellers on the other hand…
SinibusUSG t1_j134awz wrote
Let's not pretend that investors liked AMC stock for any reason other than it being the one they randomly chose to be their pump-and-dump target, or that it and GME were in any way representative of the investment system working as intended. There's a reason AMC is back to its pre-COVID price
Friendly-Matter-3819 t1_j1360k5 wrote
I’m in gme not amc but yea that was the motive at first. Then the light was shined on how corrupt the system really is after they took away the buy button and prevented a squeeze 2 years ago and Now I want gme to succeed.
charons-voyage t1_j13os1w wrote
GME is toast. Hope you didn’t get too far in. It was always just a pump and dump.
DevenStonow t1_j13s99c wrote
the buy button was never removed
the squeeze already happened
literally nothing corrupt is going on with GME
have fun thinking you're going to become rich off a failing videogame retailer that treats it's employees like shit and thinks an NFT marketplace is a good idea
Friendly-Matter-3819 t1_j14xdjy wrote
👌🏽
Go_fahk_yourself t1_j13wfoa wrote
You have no idea what your talking about. How’s your 401k doing lately. How much did you loose in 2008? The entire financial market is a giant Ponzi scam and retirement funds are the ones who loose most because all the banks and hedge funds use your 401k and other retirement funds money on foolish risky bets in the case of GME they lost that bet. Keep listening to the main stream news narrative. AMC and GME were far from pump n dumps.
SinibusUSG t1_j13xr1k wrote
Shouldn't you be listening to InfoWars or something?
Go_fahk_yourself t1_j13xxrb wrote
What the fuck is info wars?
I’ll assume it’s a typical insult from a typical Bostonian who thinks they know everything but really only knows what they hear from tv
SinibusUSG t1_j166t1a wrote
Gotta be rough having your entire sense of self (and financial) worth tied up in a meme stock that went bust.
Cut your losses, cry it off, and wisen up.
Go_fahk_yourself t1_j169ep9 wrote
Wow, we share a few comments with each other and you have me all summed up. Your too cute. Go on and play your dungeons and dragons, along with your magic cards, and let the adults handle the conversation.
peterjolly t1_j12hgna wrote
I doubt that the people who bought AMC stocks are the same people who care much about what theaters they go to.
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