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FrankNez - Retail News, Financial News, Economy News, Stock Market News, Business News About FrankNez FrankNez

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Home/AMC Stock/Claims ‘Black Adam’ Movie Will Lose Money Proven False

Claims ‘Black Adam’ Movie Will Lose Money Proven False

By Frank Nez
December 8, 2022
3
Market News: 'Black Adam' Film Losses Proven False | Franknez.com.
Market News: ‘Black Adam’ Film Losses Proven False | Franknez.com.

Mainstream media and critics have claimed that Dwayne Johnson’s ‘Black Adam’ would tank at the box office and that the film would lose money.

But these claims have been proven to be false by Dwayne Johnson and his team.

Dwayne Johnson said on Twitter, “waited to confirm with financiers before I shared this excellent #BlackAdam news – our film will PROFIT between $52M-$72M. Fact. At almost $400M worldwide we are building our new franchise step by step (first Captain America did $370M) for the DC future.

Black Adam was the biggest movie of the season, notching No. 1 for three weeks in a row around the world before Disney/Marvel Studios’ Black Panther: Wakanda Forever arrived, per Deadline.

“I have read the claims that Black Adam will lose money. That is false,” exclaimed producer and financier Joe Singer, who deals greatly in motion picture slate financing.

Conflicts of Interest: Movie Theatre Industry and Wall Street

Wall Street conflicts of interest with Movie Theatre Industry.
Wall Street conflicts of interest with Movie Theatre Industry.

Those of you familiar with the events that occurred between new retail investors and Wall Street during the height of the ‘meme stock‘ frenzy are aware big things were happening with AMC and GameStop at the time.

Retail investors flooded the market and purchased AMC stock in order to drive up its stock price.

This was happening all while Wall Street was claiming the movie theatre industry was dead.

Holding these beliefs ever so closely, Wall Street hedge funds lost billions betting against the wave of new retail buyers.

A vendetta against retail investors has since formed with mainstream media continuously cautioning the public the dangers of investing the largest movie theatre chain company in the world.

Similar to how they did when the stock was at $5 per share and retail took it to $72 per share.

Wall Street continues to short the movie theatre industry in hopes to bankrupt companies like AMC Entertainment and they’ve been using the media to distort public opinion and perception.

Mainstream media will do whatever it takes to fit Wall Street agenda.

I’m curious to hear your thoughts on the deception relating to the false claims on ‘Black Adam’.

Leave a comment down below.

You can follow me on Twitter & Instagram.

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Tags:

AMCAMC EntertainmentAMC NewsAMC Short SqueezeAMC StockAMC Stock NewsBusiness NewsFinance NewsMarket NewsMeme Stocks
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Frank Nez

Frank Nez is an American entrepreneur, journalist, writer, and investor. Frank's work has been cited by SEC and Congressional reports. Franknez.com is a personal finance and market news publication, dedicated to publishing content on money, investing, entrepreneurship, and retail investor news.

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3 Comments
  1. Vincent Santulli says:
    December 9, 2022 at 3:40 am

    Just about any movie with a half way decent plot with the Rock in it , will do exceedingly well, gaslighting isn’t just for the “ news” networks.

    Log in to Reply
    1. David Misner says:
      December 20, 2022 at 3:36 am

      But people are still claiming that it bombed. Why?? It is still in the theatre. Maybe every Ape should go and see Black Adam again.

      Log in to Reply
  2. FrankNez says:
    December 8, 2022 at 5:28 pm

    Let’s start a discussion! Leave your thoughts below.

    Log in to Reply

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