Despite what Wall Street or Big Money says "Meme Stocks are not dead". AMC's volume has picked up and AMC investors and traders are not and will not throw in the towel. If the volume continues to grow I see no reason why AMC went forge ahead next week.
QUESTION: Why would the Market want these retail investors gone? Isn't their money as green as TSLA, AAPL and FB investors? What rules or regulations did they break? NONE. The only thing they did was fight day in and day out because their Stocks were being Shorted by Big Money.
@ArtfulDodger1974, I understand your point about AA, however if investors buy more shares at the current price that gives AA less shares to dilute. AMC in realty is a good company, brings entertainment to millions of families and people are ready to leave their homes and head to the box office. The Stock is so poorly under priced. I do agree you need to diversify your investment account and not put all your eggs in one basket.
mthompson45
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@ArtfulDodger1974, Unfortunately, I agree with you. AMC will not not attract new investors/traders as every where you look there are SELL signs. I believe this has nothing to do with fundamentals and everything to do it being called a "Meme" Stock.
mkryanj
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@mthompson45, Undepriced according to what? The revenue they don't have? Come on man, it's not a fundemental play. Let it moonshot, but they are not undervalued. I live in L.A, and AMCs here are either 1) Closed. 2) Completely empty at nearly all times 3) Out dated and hideous inside, 4) A combination of 2 and 3. Don't wreck yourself believing in that.
mthompson45
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@mkryanj, All the AMC's here in Northern VA are packed, they are beautiful inside and they are the same way in PA and NJ. Sorry to hear they are not that way in LA.