How Much $1,000 Invested In AMC Stock This Year Is Worth Now

How much $1000 invested in AMC stock this year is worth now

Did the media scare you out of your money months back? Oh boy. If only you’d have done your due diligence. AMC stock is consolidating high now and it hasn’t even squeezed yet.

More and more people are investigating what exactly is going on with AMC Entertainment. In short, retail investors saved an entire movie industry and are making hedge funds betting against companies pay for it.

It’s amazing what can happen when people unite.

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The movie theater industry is thriving

AMC Entertainment is breaking box office records with new movie titles. The latest install Fast and Furious 9 grossed a whopping $70 million on opening weekend alone in the U.S and Canada, and $404.9 million worldwide.

Other films including Godzilla vs Kong, Mortal Kombat, and A Quite Place 2 have also broken records. I’ve updated an article with their earnings here.

Hedge funds betting against this company continue to dig their own graves. They’re losing billions holding open short positions in AMC.

What is AMC’s current share price?

AMC is currently trading at: $58 per share. The stock was worth $2.01 on January 4th’s regular trading day. If you purchased $1,000 worth of AMC stock then, you’d have a total of 497 shares. That’s equivalent to: $28,826 today on paper.

Not too shabby huh? The AMC community is not cashing in though. Retail investors are holding their positions further driving the stock’s share price up. We’re holding for the short squeeze 🀩.

A short squeeze would drive AMC’s stock price to Andromeda. Hedge funds have been borrowing millions of shares to drive AMC’s share price down all year. And unfortunately for them, they’ll have to pay these back. With interest…

Is AMC stock overvalued?

AMC stock has reached it’s highest market value in history. The stock itself is exploring unknown territory. Does this mean it’s overvalued? I think it’s fair to say the market decides the value of any security, asset, or service in the world. AMC’s current share price is the value the market has decided it is currently worth.

Why? Because of the massive demand for the stock right now. Hedge funds are creating one of the biggest demands for borrowed short shares ever seen in history. Retail investors on the other hand are creating a large demand for the stock itself.

The reason you’ve been pitched headlines to run away from this stock by MarketWatch and The Fool is because they’re affiliates to the hedge fund betting against both AMC and GameStop. They’re growing tired of losing millions of dollars each day.

Will AMC Entertainment reach $100 short term?

There’s data that confirms AMC Entertainment’s rise to $100 will solely be based on its current bullish run. A Fibonacci Retracement allows technical analysts to view levels of resistance as well as the next ladder up.

When AMC reaches $100 per share, it would have been merely from momentum trading. There will be a point where short sellers can no longer afford to hold their positions and will be forced to close them willingly. Otherwise, they will get their accounts liquidated through margin calls.

Is AMC a good stock to buy right now?

If you plan on investing in AMC stock you must know the risks. Hedge funds are playing dirty and the community is fighting corruption and manipulation in another world right now.

My suggestion to new retail investors is to do your research as much and as often as you can. This will help you identify what type of conviction you will grow to have for this stock.

Just because a lot of people have accumulated massive gains on paper right now doesn’t mean there’s not room for error. Come up with a strategy and learn from the community.

Read: 6 things retail investors holding AMC stock should now

Should you wait for AMC to dip?

The psychology behind this movement is based astronomically on bullish sentiment and bullish action. Trey put it beautifully when he said there’s bears, there’s bulls, and now there’s apes. Apes are the retail investors buying both the dips and the gains.

If you plan to buy on a green day, aim for buying any laddered attack (dip). Buying a stock on a red day implies the stock is on sale, or on discount. This is the sentiment from the community behind a bullish stock.

Gasparino and Richfield fail to fathom this psychology. And despite the various loopholes hedge funds have against retail investors, they never expected the community to become a real threat.

I’ve created an archive on all AMC articles on this one post here for you to keep handy. Make sure you bookmark the page so you can go back and view the ones you have not read yet.

Are you holding AMC stock? When did you get in?

Let me know in the comment section below if you’re holding AMC stock. And if so, what month did you get in? I purchased the stock in early February. I’m curious to know how long some of you have been holding it for or whether you just started.

And if you’re interested in investing in the stock market but have never done so, follow this link for a step by step guide. This article is going to help you open your own brokerage account so you can invest in whatever you’d like!


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Read: How high can AMC stock price skyrocket up to?


8 Comments

  1. Amanda

    I want to say, my husband has been in AMC since early February and I, since mid February (he started at $7 a share and I at $8 a share). We have boughten shares every month, buying those dips. We are staying to the end for our family (family of 10), the right way to trade, and to support other apes. We know what it’s like to work like a dog and be paid low; while trying to survive. No retail investor should suffer or be left behind especially with all this illegal manipulation happening. The HFs and firms need to be bankrupt, not AMC!

    • Frank Nez

      Rooting for you guys Amanda! Thanks for sharing your story

  2. Paul

    I got in recently I’ve got 42 shares @57.07 I’m holding until the end

    • Frank Nez

      Diamond hands brother 🀝

  3. DARRELL

    Good evening I bought mine in may just one share, looking to buy 10 more before july

    • Frank Nez

      Right on brother 🀝

  4. Bob

    I got in near end of May and I bought more a couple last week ago. Bullish. HODL. Get your tickets to see Black Widow in IMAX at AMC!!!

    πŸ•·πŸš€πŸŽŸ July 8th

    • Frank Nez

      Oh yeah! 🍿πŸ₯¨πŸ₯€πŸ¦

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