My AMC shares are unfortunately down 96% and due to all the APE conversions, I only have 17 shares (although I'm pretty sure I used to have hundreds before the splits and conversions). My total investment was $3,100 2 years ago and today it's worth $118. Any recommendations on whether I should just keep holding onto the shares or sell them for tax loss harvesting purposes? Any insights would be helpful!
I bought AMC this July for 11$ a share. It tanked and I still held on to it. Is it time to sell or should I wait?
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I just found out that if I am an AMC stock holder I get double points when using their app as an A List Member…and I thought it would be funny to get one share considering it’s only trading at around $5.
However now I’ve gone down a rabbit hole and I’m wondering if I should pick up a few shares just in case or if anyone should. Not a bunch just a few grand.
I think movie theaters serve a function and having an air conditioned space where you can go has always made sense to me. It’s a relatively safe family environment and it’s good for people with kids. families spend money on their kids like single people spend money on their dogs or cats.
But I think I’m bias and AMC is doomed but I want to believe it’s not. My question is more about how people here feel about AMC and the debate of will movie theaters always exist. Are there any futurists that have a prediction and what is that prediction. No wrong answers. Ultimately, if theatres will in fact exist then will AMC stock be worth anything.
Someone talk some sense into me. I not a heavy trader, I just put a couple hundred every paycheck in my Roth IRA, and into SWPXX or DIA. Are movie theaters dead forever? Will they not be around in 10 years. When I saw the price for AMC this week I felt compelled to buy. Not sure if it was nostalgia from growing up in the 90s or stupidity. I feel movie theater stock has to start to trend back up and theaters in general become an American staple again. What are y’all’s thoughts, obviously it’s come down from $400 for reasons I don’t know, but I can’t help but think it’s a good long term buy. 🤷♂️
What are you expecting in GME, AMC ( or all kind of hyped up stocks) that are missing from stocks like google, NVDA or even some boring but undervalued such as UNH or UPS?
You think GME , AMC or OPEN gonna beat them in long run?
I saw few post last week some people “investing” in these companies on automatic such as weekly or monthly.
Edit 1:- all GME holder making theories in comments like their balance sheet will “this that”but still, you really think GME will beat Google in 5 or 10 years in returns?
Serious questions for all the people buying/holding AMC stock… Why?
Don’t they have a 5 Billion dollar debt? I also read that the interest on some of those loans are averaging 9-12% annual interest.
I don’t even want to talk about their CEO. So I see so much copium in the AMC sub it’s wild, I don’t understand what they are thinking.
I know it was a meme stock a few years ago, but it’s down a ridiculous amount. I’m very new to value investing and looking at financials so I was hoping someone could share their thoughts with me. I used a valuation calculator and it thought it was ~85% undervalued ($3.28 rn, intrinsic value around $18). Im guessing for a long term investment this is not be the best choice, but do you think it might reach its value in the next 3-5 years? Thank you!
Back in september of 2023 i bought 10k worth of amc at $8, it went up $11 in november then went crashing down to $2 and now im back to even point . I had accepted my loss and said ill never gamblr again. Its like god gave me a chance now to eithrer give it a 2nd chance or cash out
I want to ask you guys, do you beleive in this squeeze?
God gave you a chance to cash out and you're still getting greedy
just last night i had bet like $10 on the tigers to win by 2 or more runs. They were up 3-0 after the first inning. I could have cashed my ticket out for like $18 or so but no, i wanted the full $23 or whatever it was i could have won if the game played out how i wanted it to.
the tigers were down 5-3 like 3 innings later, and though they eventually won 6-5, that was not enough for my bet and i got nothing.
be better than me, friendo!
They way I see it, is it's only a matter of time before movie theaters open back up again fully, and we're pumping out massive blockbusters every year again.
In 2016, AMC stock price was hovering around $30.00, now it's around 4.00 last I checked. Seems like a great time to buy, especially as their main competitor, Cineworld, shuddered their US locations.
Of course this could also be the tipping point where we stop going to movie theaters entirely and begin to shift new releases to at home streaming, which wouldn't bode too well for AMC I imagine.
Do you guys think it's a safe buy and hold?
EDIT: Well this post aged well haha. And to answer yall, NO, I didn’t buy AMC stock because I listened to everyone who told me not to like a fucking idiot. I should’ve, but I didn’t. Oh well. I can rest easy knowing that someone probably did after reading this post and has made a bit of money.
Never look back and say “this stock was $X so it must reach that price again”
I think theaters will stick around but they are going to be switching over to high end experience with big recliner chairs and food service like Alamo Drafthouse. That doesn't mean AMC won't go belly up and sell off, taking the loss and regrouping leaving investors pocketing the loss. It's not a safe buy. It's a high risk high reward play.
AMC Networks does not only sound like that famous meme-stock, but it is a great business on paper - it created or distributed some of the best TV series of all time: Breaking Bad, Mad Men, The Walking Dead and countless spinoffs, Hell on Wheels, Halt and Catch Fire, Better Call Saul, Interview with the Vampire, Silo (for Apple TV) and Pantheon among others. It owns five television channels, including AMC, BBC America, IFC and Sundance TV. It has its own streaming service (actually nine, but who's counting).
At the same time its share price went from ATH of around 80 USD to the current price of around 8 USD, a 90% drop. The market cap is a tiny 340M USD, which is peanuts for any big player like NFLX, AAPL, AMZN, or even WBD or the new kid on the block PSKY, who just bid for WBD.
So, the question is why there's no bidding activity for them? Are the vultures just waiting for it to go belly up and buy the assets on the cheap? Do the owners think that they will turn the business around, and the current price (or even a 3x price) doesn't reflect the true value of the enterprise?
Edit: Added Silo and Pantheon as shows produced by AMCX
Am I missing something, or is it just free money?
I got a call today, and it's already up 100% and still going up after hours.
What is going on? Where is this heading? Did I miss anything?
I know the famous guy (THE roaring kitty aka u/DeepFuckingValue ) from 2021 is back on Twitter and active, but why? There is no news or anything.
I want to know what the general plan is for everyone who is playing these options.
EDIT: added DFV name.
Look at this chart, I've never seen anything like it before - have you?
The stock performs as one would expect over the five year period i.e. ups and downs - maybe a little more ups and downs due to the fact we were going to the moon in 2021, only to have it wiped from under our feet by numerous halts and several other questionable antics.
But looks at the chart now... It's flatlined like a heart that has stopped.
Can anyone provide another stock with a similar chart to this?
Nothing to see here my friends /s.
Not sure if the chart provides reassurance or reaffirmation that this train has been stopped.
I think the potential for it to reignite is there, but how long can this be kicked down the road?
Interesting chart nonetheless.
That is all.
Here is my latest analysis of AMC stock in TalkMarkets:
https://talkmarkets.com/content/services/amc-entertainment-stock-could-double-from-here?post=499635
Let me know what you think
Thinking about starting a position here, but wanted to get opinions from some fellow regards. Per the chart and latest trends, it appears AMC might be a good buy or it’s going to $0. I know this was once a coveted meme stock and its fall from glory has been exquisite, but it seems like there might be an opportunity for some huge upside potential. From what I can tell their market cap is around $875m which is near as low as it has ever been. However, the business seems to be doing decent and has a loyal customer and investor base. Now my only concern is that they will just torch this thing to $0 because they can. It has also been going down nonstop without any green days which seems extremely odd.
Anyone think it is almost time to start a position here for some upside? This thing has taken a beating and I do not see why it can’t recuperate some. I know the debt load is large, but feel the stock is undervalued.
Thank you for your time.