Should you invest in AMC stock right now?
Jan 28, 2021 · To make things even more difficult, many of the content suppliers to movie chains like AMC are now taking matters into their own hands. AT&T's HBO MAX decided to co-release all of its new films ...
How high can AMC stock feasibly go?
Jan 28, 2021 · A tough year for AMC. The coronavirus pandemic has been a major obstacle for this movie theater chain to overcome. Over the first nine months of 2020, revenue fell by 73.2% year over year to ...
Why to invest in AMC?
Mar 02, 2022 · AMC reported fourth-quarter results after markets close on March 1. Revenue came in at $1.17 billion, versus analysts’ expectations for $1.16 billion. The adjusted loss per share was 11 cents ...
Should I buy AMC now?
Mar 09, 2022 · To put it simply, the answer is a resounding no. Given its current metrics, nobody should be racing to buy shares of AMC stock, for several reasons. The company was struggling before the pandemic, and the pandemic just made the situation worse.
Can you buy more AMC stocks?
Is it worth buying AMC stock right now?
Is AMC stock a buy sell or hold?
Is AMC a good long term investment?
A tough year for AMC
Challenged by the streaming revolution
The coronavirus pandemic has been a major obstacle for this movie theater chain to overcome. Over the first nine months of 2020, revenue fell by 73.2% year over year to roughly $1.08 billion. Its net loss ballooned by a factor of 27 to roughly $3.64 billion, and its margin profile worsened significantly across the board.
Stay away
While movie theater chains like AMC struggle, streaming players are thriving in light of the weakened brick-and-mortar entertainment competition.
Has AMC stock peaked?
AMC Entertainment stock is soaring for reasons that appear to be somewhat divorced from investing fundamentals. Investors from various chat rooms have banded together to team up and punish short-sellers, and it will likely end poorly for most involved, especially those who are late to the game.
AMC stock short squeeze 2.0
AMC stock hit a new peak of $26.52 at the closing on May 27. This surpassed the January peak of $20.36. It's also the highest AMC stock has reached since May 2017. The stock rose by 36 percent on May 27 and hit a fresh peak, which surpassed a market capitalization of $12 billion.
AMC stock Reddit
There hasn’t been any fundamental or sector-specific news supporting the stock. Therefore, the social media buzz and especially the noise created on Reddit is likely behind the surge in AMC stock. The stock carries a short interest of about 20 percent compared to an average of 5 percent for a typical U.S. stock, according to S3 Partners.
Is it too late to buy AMC stock?
AMC is again one of the most talked-about stocks on the Reddit subgroup WallStreetBets. According to Bank of America’s analysis of stock mentions on Reddit, AMC has overtaken GameStop as the most loved stock on the WallStreetBets forum.
AMC stock might keep rising
After the new peak and the steep hike in AMC stock, it's natural to wonder where the stock will go next. In the short term, the stock could surge more in a typical short squeeze fashion. As share price rises, the shorts are forced to cover their positions even faster, which leads to a stock surge.
If your buy thesis is based on one or more of the following ideas, you're in big trouble
With a substantial amount of shares still sold short, a short squeeze could play out for some time and continue to lift the stock.
1. "AMC's share price is too low"
A Fool since 2010, and a graduate from UC San Diego with a B.A. in Economics, Sean specializes in the healthcare sector and investment planning. You'll often find him writing about Obamacare, marijuana, drug and device development, Social Security, taxes, retirement issues and general macroeconomic topics of interest. Follow @AMCScam
2. "A short squeeze is imminent"
One of the worst reasons to buy into AMC is that you think its $9.36 share price looks cheap relative to the $20 it went for as recently as September 2018. The issue with this buy thesis is that share price is meaningless without taking outstanding share count into consideration.
4. "I like to go to the movies"
Arguably the most common buy thesis I hear for AMC among Reddit investors is that it's primed for a short squeeze. The unfortunate part is the dynamics that helped fuel a short squeeze in late January and early February no longer exist.
5. "If we buy and hold, the hedgies lose"
Investing great Peter Lynch has always been a big fan of buying what you know. But Lynch also recognizes that there's a lot more to a great investment than simply liking or using a product.
Signals & Forecast
Lastly, there's the idea that if retail investors buy up the float and hold on to AMC stock, they'll be sticking it to the "hedgies" -- a term assigned to Wall Street hedge funds and institutional investors. This, too, is a misguided buy thesis.
Support, Risk & Stop-loss
There are mixed signals in the stock today. The AMC Entertainment Holdings Inc stock holds sell signals from both short and long-term moving averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average.
Is AMC Entertainment Holdings Inc stock A Buy?
On the downside, the stock finds support just below today's level from accumulated volume at $16.86 and $16.64. There is natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level.
Insiders are negative selling more shares than they are buying in AMC Entertainment Holdings Inc
AMC Entertainment Holdings Inc holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.
About AMC Entertainment Holdings Inc
In the last 100 trades there were 1.7 million shares bought and 4.11 million shares sold. The last trade was done 39 days ago by Ellis Daniel E who sold 40.79 thousand shares. In general the insiders are selling more stocks than they buy. There can be a variety of reasons for this, but in general it can be considered as a negative signal.
Golden Star Signal
AMC Entertainment Holdings, Inc., through its subsidiaries, operates as a theatrical exhibition company in the United States and internationally. It owns, operates, or has interests in theatres. As of June 30, 2016, the company owned, operated, or had interests in 386 theatres with 5,334 screens primarily in the United States.
Top Fintech Company
This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star. This signal is rare and, in most cases, gives substantial returns. From 10 000+ stocks usually only a few will trigger a Golden Star Signal per day!
Is AMC stock going bankrupt?
featured in The Global Fintech Index 2020 as the top Fintech company of the country.
How much money did AMC raise from life long partners?
AMC stock is no longer on the brink of bankruptcy and it is having an extremely healthy bullish run.
Is AMC a short squeeze?
Since then, AMC Entertainment has been able to raise more than $2 billion dollars from life long partners. These partners have supported AMC since the inception of the company 100 years ago.
Is Citadel leaving AMC?
AMC is currently the heaviest shorted stock in the market. Analysts discovered that AMC has a massive short squeeze potential. A short squeeze is a massive move up in price action. Short squeezes are violent and may produce 100%, 1,000%, and 10,000%+ gains. What we discovered is that hedge funds shorting AMC Entertainment were overleveraging their ...
