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VisualMod t1_j28zpf8 wrote

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VisualMod t1_j28zq1g wrote

>I would not recommend buying AMC stock at this time. The company is still facing significant challenges in the wake of the pandemic, and its future prospects are uncertain.

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Toiletboy4 t1_j2905pm wrote

I bet someone really smart said the same thing about blockbuster once

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0x11C3P t1_j2906dv wrote

Go for it. Also, don't forget to look at their debt load as well. I'm sure it'll make you jizz yourself from all that winning.

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anan138 t1_j290rks wrote

> I know there is heavy short interest on this.

No.

>I don’t believe a company like AMC with assets in many cities could be just 2.1bn dollars.

Then you have no idea what the cinema industry is like.

> I am buying AMC in bulk today

You are regarded.

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ME_CPA t1_j291z86 wrote

They don’t have assets in any cities. They have leases, a liability.

They’re going bankrupt.

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ChubbyPeepee t1_j2927yy wrote

Lol yeah, take out a loan and go balls deep.

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souvidesuperfan t1_j292ers wrote

AA is going to dilute those shares until they change the name of them from APE to some obscure dog and Elon musk reference and there are 7 zeros after the decimal.

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hi-imBen t1_j292q3p wrote

They still losing money every single fuckin quarter, yeah?

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Judacus t1_j293h0j wrote

What’s a movie theater?

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Sorry_Setting1196 t1_j293j1v wrote

Read the writing on the wall. People don’t go to the movies to see a movie they want to see, they do it as an experience, like nostalgia. They could watch the movie on a steaming service 9/10 but they choose the movies for the experience.

We have a massive AMC theatre in my area, cost maybe 50million to build, ginormous. This thing sits dormant with like 5 customers year round. In my opinion, movie theatres are like record players, people like them for the nostalgia, movies are maybe a date opportunity but No one really wants to actually go to the movies anymore.

Just not a good investment seeing as though investment and sentiment is leaning ever more towards streaming and online services.

I wish you luck in your investment but I’d not toss a dollar towards brick and mortar theatre chains.

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bred_by_papa_safe t1_j293tvs wrote

Before any of you regards read the absolute horse shit Mr Amit Kumar has posted and then go and yolo your money into some stupid shitty theatre company.. I will save you the trouble.

If Amit Kumar knee a secret trick to making money from a theatre company Amit Kumat would have sunk all his money and his dad's into the stock and would be making profits and living his life in Delhi smoking cigars all day long.

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