Thoughts on AMC?

S

Saltynuts

Another stock that is so volatile. Maybe a good stock to buy the dips on? Unless it might go bankrupt, how is its cash flow looking? Anybody playing this stock?

Thanks!
 
lightninboy said:
The only way it's good in the pandemic is if the WSB gets behind it hard enough.
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Thanks. But we should be coming out of it soon, hell the nation will be basically fully vaccinated in a few months I believe. And I drove by one the other day, looked like a good number of people there. And with the government handing out cash, no end in sight, will not movie attendance not come back hard core, most likely? I just don't want the thing to go bankrupt on me...
 
Saltynuts said:
Another stock that is so volatile. Maybe a good stock to buy the dips on? Unless it might go bankrupt, how is its cash flow looking? Anybody playing this stock?

Thanks!
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Salty... and I mean no disrespect, but to even ask this question... good golly miss molly.... you're gonna go broke dude.

There's 1000's of stocks out there, dozens everyday are goldmines for trading. Steer clear of the wsb crowd. I mean come on, who in their right mind would even consider taking a long position on this thing based on fundamentals? And that's exactly what your question posed. Sure it could be $13 tomorrow.... but that has nothing to do with a "long term" play. Do you know how to peruse a quarterly report?

Again, I'm not trying to be a dick here, but you're just gambling bro and now you're trying to make your losses right. It won't work. GME closed at $195 today. You're down $140/share roughly.

I don't know what to tell you. If you have deep pockets and you stay with it, eventually you'll figure it out. But as it stands now, you look greener than AOC starring in a Subaru commercial.
 
Another stock that is so UNvolatile and UNtrendy

You don't want a stock where there are about
an equal number of bulls and bears fighting each other.

Do get a good stock screener so that you can screen out a list of trendy, tradable stocks.
 
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AMC, like this stock actually. Made 75% first trade on it and I exited too soon. 2nd trade, I just got stopped out on a very tight stop. Might re-enter tomorrow, depending on the price action. I think this stock has a lot of upside left and I am basing that on the stockcharts alone. Let us wait and see.
 
VicBee said:
AMC should hit 16 before year end.
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They'll have to raise the price of popcorn; or maybe the wsb crowd will get another stimulus check.

They could fill every theater for the next 3 years.... it won't work.
It's dead.
 
I'm writing this so a bunch of newbies who can't afford getting taken to the cleaners... don't get taken to the cleaners.

Here's a picture. Feel free to correct me where I'm wrong.

upload_2021-3-31_19-49-13.jpeg


There won't be a short squeeze with 284 million shares in the float and 500 million outstanding when these folks are using any price increase to raise cash.

Hey, I hate to see them die too, but business is business and it is what it is. Can a 40year old earning minimum wage at Dollar General get financed for a G6 Gulfstream?
 
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