Current Events > AMC stock is now at $7.29, down 84% in a month

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[deleted]
09/08/23 10:02:15 AM
#2:


[deleted]
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Sexypwnstar
09/08/23 12:54:47 PM
#1:


https://gamefaqs.gamespot.com/a/user_image/1/0/9/AAZZY5AAE0nt.png https://gamefaqs.gamespot.com/a/user_image/1/1/0/AAZZY5AAE0nu.png https://gamefaqs.gamespot.com/a/user_image/1/1/1/AAZZY5AAE0nv.png

FYI, it was $1.96 before the reverse split

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Squall28
09/08/23 12:56:22 PM
#3:


It's going to suck if going out to movies is no longer an option.

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Sexypwnstar
09/08/23 12:58:20 PM
#4:


FYI if you bought from the last time I made this topic banking on it going back up because of the Writer's strike, you'd be down more than 60%

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CARRRNE_ASADA
09/08/23 12:59:45 PM
#5:


At just 1.1 B market cap...Id buy calls for when the Taylor Swift movie releases. No joke.

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Tyranthraxus
09/08/23 1:02:24 PM
#6:


Sexypwnstar posted...
FYI if you bought from the last time I made this topic banking on it going back up because of the Writer's strike, you'd be down more than 60%
If you believe it's going up in the Future, the proper way to bet on this is to buy long calls. Buying and selling stock for speculative reasons is a day trader game. Don't do it unless you're an expert.

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ClayGuida
09/08/23 1:03:37 PM
#7:


Something's gotta give here because if AMC collapses, and like 40% of the market share of theaters just close, Hollywood is dead.

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MarthGoomba
09/08/23 1:05:47 PM
#8:


ClayGuida posted...
Hollywood is dead
good

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Sexypwnstar
09/08/23 1:09:18 PM
#9:


Tyranthraxus posted...
If you believe it's going up in the Future, the proper way to bet on this is to buy long calls. Buying and selling stock for speculative reasons is a day trader game. Don't do it unless you're an expert.

If someone bought long calls or LEAPs a couple of weeks ago, they'd still be screwed

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ClayGuida
09/08/23 1:10:13 PM
#10:


MarthGoomba posted...
good
Dumb

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Turbam
09/08/23 1:10:27 PM
#11:


Buy now?

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Saxon
09/08/23 1:10:48 PM
#12:


Nobody wants to go out to the movie theater anymore...too expensive.
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rynobot
09/08/23 1:12:38 PM
#13:


Isn't this a backlash from the SAG strike?

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Saxon
09/08/23 1:15:25 PM
#14:


And you know, even the average home entertainment center now surpasses the movie going experience, so people just stay home and use streaming services.
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NoxObscuras
09/08/23 1:17:01 PM
#15:


Saxon posted...
Nobody wants to go out to the movie theater anymore...too expensive.
Not true. Movies have been selling out most weekends here in SoCal. Theater attendance is not why their stock is dropping.

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Tyranthraxus
09/08/23 1:17:21 PM
#16:


Sexypwnstar posted...
If someone bought long calls or LEAPs a couple of weeks ago, they'd still be screwed

The beauty of a call that expires in say 2025 is that you can exercise it at any time.

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Sexypwnstar
09/08/23 1:25:50 PM
#17:


Tyranthraxus posted...
The beauty of a call that expires in say 2025 is that you can exercise it at any time.

You mean like exercising now and selling at a huge loss?

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Tyranthraxus
09/08/23 1:27:29 PM
#18:


Sexypwnstar posted...
You mean like exercising now and selling at a huge loss?

Did you think it was going to go up after the strike was over or not? Or do you think the Strike will extend into 2026?

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Sexypwnstar
09/08/23 1:30:24 PM
#19:


Tyranthraxus posted...
Did you think it was going to go up after the strike was over or not? Or do you think the Strike will extend into 2026?

I didn't think it was going to go up, I said users in the last topic that said it might have been because of the strike and it was best to buy then/now would be down 60%.

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Jagr_68
09/08/23 1:53:59 PM
#20:


dIAmoND hANds

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Starks
09/08/23 1:55:13 PM
#21:


I guess that's the end of Dolby Cinema. Regal doesn't sound interested.

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Dat_Cracka_Jax
09/08/23 2:45:26 PM
#22:


Good time to buy?

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streamofthesky
09/08/23 3:07:46 PM
#23:


Diamond Hands!

Sexypwnstar posted...
FYI if you bought from the last time I made this topic banking on it going back up because of the Writer's strike, you'd be down more than 60%
Why the fuck would anyone think the strike would make AMC shares go up? Obviously less movies coming out in the future is going to hurt the theaters...
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Anony1125
09/09/23 10:54:56 PM
#24:


Dat_Cracka_Jax posted...
Good time to buy?
time to go all in

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Gritty
09/09/23 10:56:23 PM
#25:


The movie about Wall Street bets is coming out soon maybe thatll pump their stock
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ironman2009
09/09/23 10:58:57 PM
#26:


streamofthesky posted...
Diamond Hands!

Why the fuck would anyone think the strike would make AMC shares go up? Obviously less movies coming out in the future is going to hurt the theaters...

The price action on this stock was never about company fundamentals

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Priere
09/09/23 10:58:57 PM
#27:


The future is now.

Every major movie release should be on a streaming model.

Something like amazon video already has a renting system in place, so just host movies on there day 1.

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AngelsNAirwav3s
09/12/23 1:39:53 PM
#28:


Did anyone buy AMC when it was down to $7??

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ironman2009
09/12/23 1:40:54 PM
#29:


AngelsNAirwav3s posted...
Did anyone buy AMC when it was down to $7??

You'll get another chance.

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