What's up with all this hate in the comments? You people are mad because just because @RealMacro doesn't think like you?
Got in early at 2.3, sold most around 13 but still have some to trade. Good analysis. Upvoted.
WTFpattern
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I saw the big 'ol M as well, the Redditors better be putting profits back in or this thing is headed back to $2
RealMacro
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@WTFpattern, They have no clue what an M patter is. They are to dogmatic to listen on top of that. Oh well!
They will pay and learn like we did when we started.
ILC3108
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@WTFpattern, Would be nice, as it would give another swing trading opportunity :-)
I doubt we will go that low in the short term, though, maybe somewhere $3-4.
WTFpattern
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@ILC3108, before all this pump, I had a target of $7 EOY, with the dilution recently that target is closer to $5 and that's if vaccine rollout has the theaters up to 50% full. AMC did well to offload some debt with the offering, but I don't think it will be a big enough reduction to offset the effect of the share dilution. AMC business is in trouble and this stock price boom doesn't help them unless they keep issuing shares which will only take the clamps off the short squeeze.
competitiveOat55772
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Hold guys this guys is a WT don't believe him
TV_15min
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@competitiveOat55772, nice call.... from 19-->6 (+1 now)... BRAVO for your TA :)
'hold guys'....
With friends like you who needs enemies LOL