To share with our investor community and to have a quick check of when to get in, fair value when the world is back to normal is much higher than the fair value that is realistic right now. Expecting the price to drop between $3 and $4 which would be a great buy-in in the long-term.
Do you think AMC is a smart stock to hold in the long run? Like a year or 2 from now?
colinklein3593
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@kgmessi325, probably. The surge in the stock price has allowed them to get out of crushing debt and people will return to the theaters as soon as they can go safely. AMC is a $30-40/share stock in normal market conditions. People are worried about the impact of digital releases through streaming platforms on their bottom line, but I don't think those are a direct substitute for a night at the movies. Even if it's only worth half what it was before at $3-$4 that's a good buy. Though I think it will surge one more time from the retail revolution.
dylandeheer
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@colinklein3593, agreed. AMC is something to check back on in a few weeks/months. The moment lockdowns are moving out of our daily routine you will see a steady move back to normal levels on AMC.