GameStop shares plunged Monday as Reddit’s favorite “meme stock” retreated from a rally that turned Wall Street upside down last week.. AMC to the Moon!!! Is there a way to estimate how much AMC will moon, or when? AMC stock forecast But depressed ticket sales are not the only issue threatening AMC, as studios such as Disney (NYSE:DIS) are skipping theater releases altogether . Press J to jump to the feed. No. Source: rblfmr / Shutterstock.com AMC did … While the stock is up almost six-fold YTD, it's down over 38 percent from its 52-week highs of $20.36, which it … Who in their right mind wants to go to a movie theater right now? A Reddit mob sent its stock more than 200% higher. Price target in 14 days: 10.263 USD. Fidelity closed my account and cancelled my transfers from Robinhood and Cash App Maybe it’s so I don’t miss the squeeze? I’ve been doing pretty good since June. View which stocks … Diamond hands regardless, I’m not selling. I don't want to see their stock crash back to earth and leave them stranded with high IV and people afraid to invest. AMC stock price: quick overview. AMC Raises More Cash Amid Reddit-Driven Share Price Surge A group of investors including private-equity firm Silver Lake will convert $600 million of AMC convertible senior notes into stock … 100k is the floor if we can hold, but I'd be proud of y'all if we can run it up to 20k+!!! And the theaters only need 1/3 occupancy to be profitable. I don’t understand all of these floors. I hope it will at least get to 8 so I can sell at double price to return investment and then let the other half just do it's thing. I tend to take some gambles like this and have paid off recently. AMC Entertainment NYSE Updated May 11, 2021 8:00 PM. Updated 2114 GMT (0514 HKT) January 27, 2021 . Whoah I’m talking about short term here. AMC stock has gone down considerably but its been falling like a feather, as softly as possible, instead of dropping like a rock. Katherine Doherty. Everyone has a kitchen, but people still go out to eat. There are LOTS of movies waiting to be released. When it happens, it happens. Close. They will not hit pre covid revenues for quite a long time at this rate. We’re currently seeing AMC trade around $10-$11 at the moment. AMC Entertainment Holdings and its investors have opted to take advantage of their recent Reddit-inspired share-price surge. Between $0.00 and $1,000,000,000. Despite this volatility, AMC has had an upward trend which is great news for all of its shareholders. Thinking of putting a small 1k on it. Less customers in the theaters, people will need or want masks indoors (hard to stuff your face with popcorn= less popcorn sales), longer cleanings in between screenings = more staff hours and fewer overall screenings. Its stock price was very consistently in the $30 to $40 range prior to the pandemic yet it is currently still under $13. Cinemark is a much better run company and it is in much better financial shape than AMC. So, when Reddit’s WallStreetBets applied a short squeeze on GameStop (NYSE: GME), AMC stock went higher on the ride. How many of their competitors have gone out of business though? I have other safe stocks but I like to jump on a chance before it spikes up. And food/drink sales is what makes the most money for theaters. Currently trading at just under 6. Amc volume need to pick up massively at least 100mil to 400mill to push the squeeze to happen or we hold and hedgies will keep adding to their debt until they can’t afford shorting it and last but not least getting margin called. Before CoVid hit this stock was in the 6-7 range not 12 and had been steadily dropping for months. Kelly Gilblom. AMC Theatres’ stock is a Reddit fave. Andrew Cuomo impeachment investigation: NY lawmakers promise wide-ranging and lengthy inquiry. I’ve been playing the trends and covid game here. In my area at least, they're the last man standing. Yea agree it’s more of a swing trade for me. Plus, the rule of only being able to take off your mask to eat and drink is likely to encourage more people to buy food and drinks at the theater just so that they have an excuse to take the mask off. Anyone think it’s a safe pick for at least a swing trade or long term. As I know there is no floor on Space , Whatever we want it to be stay strong and hold the line we are winning even on our red days if we just hold. My next play or predictions is AMC obviously like asking for opinions sometimes. That would be so nice but let me tell you it would put my hopes so high thru the roof, Silky smooth brain dont have thoughts... Just hodl and buy... Sell Button gone... Auuu auuuu money chew yum yum crayons, It will moon however much you want it too. Regardless of the proxy I think we should all at least reinvest and support AMC once this is all done with. ... We ordered the sweet tendies and enjoyed the show! AMC Entertainment shares have had an interesting ride in the past few weeks. I’d have more cash then my kids kid could spend in a lifetime after taxes. AMC 10.05 0.31 (3.18%). Some time in the next 1,000 years, but maybe before, possibly after. But as someone who worked at a movie theatre for 6 years I can tell you they never make any money off tickets anyways. GameStop and AMC stocks spike anew, as Reddit struggles to stay online Wallace Witkowski 2/24/2021. Press J to jump to the feed. Give it a while and movies will be released direct on streaming services as a PPV, That's a popular opinion to hold these days with the tech industry booming and the rise of streaming, but the theatre/movie business is a huge part of our society as humans. People forget consumer confidence is what drives the economy in this country and for hospitality that’s at an all time low. That’s pretty sad if it does happen and really hoping it doesn’t. I don’t just buy out of gut completely. Those .15 tickets to old movies arent going to rake in the big bucks? Just curious about your thoughts and predictions. I like Cinemark more, down 60%+ post covid and a good balance sheet. Thousands of investors are trying to push AMC stock price up to create another short squeeze. It’s not just that many people won’t come back for a while, they also need to sacrifice capacity in theaters in order to operate both legally and to make customers feel safe. Reddit’s GameStop traders have turned their attention to struggling movie theater chain AMC. If they can get people in there to buy that $20 popcorn and coke combo that cost them .20 they are golden again. Cinemark is a much better theater stock. We own AMC stock. ... AMC’s stock rose 6% to $9.51 on Thursday. Fidelity predicts possibility of AMC hitting over $900 in the next 90 days. I really don’t see this gigantic theater going out of business. A move by brokerages to curb trading sent most of the hottest Reddit-fueled stocks lower Thursday after initial gains earlier in the session. It was not a very strong company before all this. NYSE:AMC gains over 2% on Monday as market weakens. People are tired of being locked in the house and want to go out again and enjoy things like a night at the theater. Theaters opening August 20. AMC Entertainment's stock was trading at $3.64 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Bought it at the beginning of the week, I can see it going up at least until opening day and then probably there will be some sell off, unless something happens again to postpone the opening. Post-Market 0.01 (0.10%) I think that it is almost certain to at least get above $20 in the next month or two. Perhaps too risky but I really doubt the new way of life will be without movie theaters. Previous high prior to covid 12-13. 6 Wall Street analysts that have issued a 1 year AMC price target, the average AMC price target is $5.00, with the highest AMC stock price forecast at $13.00 and the lowest AMC stock price forecast at $2.00. AMC Stock Alert: The News Taking a Bite Out of Reddit Favorite AMC Entertainment Today AMC wants to offering more shares By William White , InvestorPlace Writer Apr … I would like to know and see that simulation to see what numbers they added and why. On Feb. 22, it gained almost 15 percent and looks set to continue the momentum on Feb. 23. AMC sat around $5 for quite some time before moving back up to the $14 range. If the stock’s value decreases as they predict, the short sellers will make money, as they buy the shares back at a reduced price, return them to the broker at this price and pocket the difference. Shares of these trending Reddit stocks are moving on Thursday ... AMC) — Up 20%; AMC stock is also on the rise today after a four-day losing streak caused a drop ... Dogecoin Price Predictions… AMC Entertainment (AMC) stock has been very volatile in 2021. AMC is not the best stock pick for this though. Lol. It had huge issues with debts and growing profits. Don't hesitate to tell us about a ticker we should know about, but read the sidebar rules before you post. AMC is up more than 500% in 2021.There were approximately 133,000 Reddit interactions for the term AMC over the past week, according to Facebook’s CrowdTangle data … AMC’s stock price has been quite volatile for some time now. We will see you marvelous on the . Reopen theaters means SOME revenue will come back, (they’ve made basically nothing post covid which is a big problem on its own) but nowhere near the pre covid levels unless they can significantly raise their prices. We use cookies on our websites for a number of purposes, including analytics and performance, functionality and advertising. AMC is not the best stock pick for this though. Meme stocks and the Reddit … and . But I’d never hold that long term. AMC Entertainment (AMC) stock has been very volatile this year. … AMC, a meme stock and another Reddit darling, also rose on news that Wedbush analyst Michael Pachter doubled his price target from $2.50 to $5.00 … FWIW - I would invest in CNK before AMC as better balance sheet. But AMC Entertainment and other stocks … Almost any post related to stocks is welcome on /r/stocks. Press question mark to learn the rest of the keyboard shortcuts. I’ll look into cinemark haven’t dug deep into my decision yet. What to Expect in 2021. Press question mark to learn the rest of the keyboard shortcuts. Dying business. AMC Considers Selling More Stock Amid Reddit-Fueled Rally By . No one. Again, not telling anyone how to vote. Short term profits sure go with AMC. Holding your nest egg in a movie theater chain sounds retarded. I think that theaters are going to outperform people's expectations. Even opening the theater will lift spirits. It doesn’t just sound retarded, it is retarded. Posted by 1 month ago. AMC Entertainment Holdings Inc - Class A Stock Forecast, AMC stock price prediction. Probably due to a short squeeze prompted by Reddit users, along with the media attention this generated, AMC stock catapulted to a stunning 52-week high of $20.36 on Jan. 27. Fortunately for AMC, the majority of society is not in their right mind. Someone said they ran a simulation & we got it to 31k!! I think they are in good position to float through the rest of this pandemic and then promptly go back to bringing in a billions dollars in revenue every quarter. Since then, AMC stock has increased by 167.6% and is now trading at $9.74. Who wants to watch a movie on payperview i don’t have a full movie setup at home. Check out our wiki and Discord! There’s still a great deal of uncertainty surrounding the markets this year. 3.0k. What's it takes off just hold tight and see what's happening on this subreddit. After languishing below $10 throughout 2020, the stock soared to a multi-year high of $20.38 in January 2021, pushing its market capitalisation to more than $3bn for the first time since 2017. We do not kill the giant on which shoulders we ride on. By Paul R. La Monica, CNN Business. And when it happens, you’ll know how much. New comments cannot be posted and votes cannot be cast. Cinemark is a much better theater stock. Cinemark is a much better run company and it is in much better financial shape than AMC. AMC Entertainment Stock On Rise Again As Analyst Warns It’s Worth A Buck; Reddit Controversy Expands From Shares To Silver Its stock price was very consistently in the $30 to $40 range prior to the pandemic yet it is currently still under $13. According to . Discussion. 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