Tag: AMC Army (Page 3 of 8)

Is a Big Power Move Underway for AMC Stock?

Market News: AMC Stock Update + more.
Market News: AMC stock update + more.

AMC stock finished up +13.31% on Monday, closing the trading day at $14.13.

The movie theatre chain is now up more than 10% in the past week, breaking even on the monthly chart.

The $14 range is a very nostalgic price range for AMC shareholders.

This is the level where shorts began to close small positions last year, sending AMC’s share price to an all-time high of $72 per share.

Coincidently, AMC’s short interest was at 23% during this time; it’s at 22.42% today.

Is a big power move underway for AMC Entertainment stock?

Let’s discuss it.

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AMC theatres breaks record

AMC Top Gun: Maverick
Top Gun: Maverick – AMC theatre stock – movie theatre chain breaks records

AMC movie theatres as a business has improved its fundamentals drastically.

The company has reduced most of its debt, continues to innovate in itself, and is experimenting with companies outside the industry.

The century old movie theatre chain has certainly shocked Wall Street, and it continues to do so with the exploding revenue due to new movie releases.

Top Gun: Maverick has claimed the title for the highest box office of 2022 so far, earning over $1bn in revenue globally.

The highest previous earner was Doctor Strange in the Multiverse of Madness, earning over $800m worldwide.

Elvis brought in $31m during its opening weekend alone, going head-to-head with Top Gun’s $30m now on its 5th weekend.

AMC Entertainment Holdings, Inc. reported that their market share had remarkably grown from 22% to 26% going into the second quarter this year.

The company has managed to increase the revenue per guest and increase its food and beverage sales this new year.

Fundamentally, the company is showing promising results.

List of movies coming to AMC

Highly anticipated films that are coming to AMC Entertainment theatres include:

  • Thor 4: Love and Thunder
  • Bullet Train
  • Fantastic Beasts: The Secrets of Dumbledore
  • Halloween Ends
  • Black Adam
  • The Flash
  • Black Panther: Wakanda Forever
  • Avatar 2
  • + more

These are films movie lovers want to watch at the movie theatres, not at home.

This list of incredible films coming out this year are AMC’s arsenal against hedge funds betting against the movie theatre industry, but more specifically against AMC stock.

Will AMC stock price go up?

will AMC stock go up?
Market News: AMC Movie Theaters – AMC stock News

AMC stock will go up due to business demand and due to the company having a strong shareholder base that continues to buy and hold the stock.

AMC Entertainment is an American company that’s a part of our culture’s history.

It’s also the number one leading theatre chain company in the world owning approximately 10,562 screens in the United States alone.

In Q1 of 2022, AMC seated more than 39 million guests, a 32 million difference from Q1 of 2021.

AMC Entertainment also earned $785.7 million in revenue during the first quarter, more than five times the revenue in Q1 of 2021 ($148.3m).

The theatre chain ended Q1 with $1.4 billion in liquidity.

CEO Adam Aron hinted Q2 is on track for another groundbreaking quarter for the company.

Are you an AMC shareholder?

What are you looking forward to the most during this journey?

Is it the recovery process, the awesome movie titles, fighting for market transparency, MOASS?

Or all of the above?

Leave a comment down below.

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Related: AMC's Cost to Borrow Has Hedge Funds Burning Money

AMC Movie Theatres Are Here to Stay

AMC Movie Theatres
Market News: AMC movie theatre news and updates

AMC Entertainment movie theatres have undergone massive change despite mainstream media backlash.

The largest movie theatre chain in the world has been attacked by Wall Street ‘experts’ and corporate media personalities for over a year now.

Movies are back though, and the cinema experience is here to stay.

Tom Cruise’s ‘Top Gun: Maverick’ opened with $253 million worldwide making it the actor’s highest earning film ever.

Many films have broken record this year and AMC Entertainment’s fundamentals have recovered exponentially.

AMC shareholders have been the movie theatre’s backbone.

I’m going to go over a brief update of where AMC stands today.

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AMC movie theatres rise again

AMC movie theatres might have been resurrected by retail investors in 2021, but the company has risen above all adversity post pandemic.

While Wall Street and its media affiliates might have tried to bankrupt the company by shorting the stock, short sellers have another thing coming.

But more on that later.

AMC Entertainment had the best 1st quarter in two years when it exceeded market expectations.

The movie theatre giant saw an impressive $630 million improvement in revenue in Q1 and $233 million in adjusted EBITDA from over a year ago.

Doctor Strange in the Multiverse of Madness leads Q2 to an incredible start as it became the biggest opening of 2022 and the second largest opening post pandemic to Spider-Man No Way Home.

Tom Cruise’s ‘Top Gun: Maverick’ only further fuels that success for the company.

AMC movie theatres has an incredible number of movie titles coming out this year movie-lovers will not want to miss out on.

I’m personally looking forward to ‘Thor 4: Love and Thunder’ and ‘Fantastic Beasts: The Secrets of Dumbledore’ coming out in June.

Let me know in the comment section which film you’re most excited for AMC to showcase this year.

Related: AMC Theatres: The Most Anticipated Movies Coming in 2022

AMC invests $250 million in state-of-the art laser projectors

CEO and President Adam Aron announced in April AMC movie theatres spent a quarter billion dollars in state-of-the-art laser projectors.

A quarter of a billion dollars were used to upgrade the move theatre experience for avid movie goers, according to the CEO.

AMC Entertainment is switching old projectors for state-of-the-art laser projections.

The laser projections are going to provide guests with much brighter and sharper pictures on screen.

This is also the greenest environmental initiative in AMC’s 102 years, according to Adam.

The investment demonstrates how important the cinema experience is to the company for its guests and shareholders.

AMC movie theatres have already beat earnings from previous years, but now they’re taking the cinema experience to another level.

Shareholder confidence in the company continues to grow as the century old movie theatre chain goes on the offense.

But that’s not all.

AMC Entertainment has also expanded and acquired the highest quality movie theatres in the country.

The acquisition of 7 Bow Tie Cinemas

AMC Entertainment (AMC) acquired seven former Bow Tie Cinemas locations in April.

Five of which are in Connecticut, one in upstate New York, and another one in Annapolis, Maryland.

The new movie theatres in Connecticut will double AMC’s presence in the state.

Bow Tie Cinemas locations that previously served alcohol will continue to offer wine, beer and liquor and be rebranded under AMC’s MacGuffins brand.

While the converted theaters will no longer honor Bow Tie Cinemas Criterion Club rewards, impacted customers who sign up for AMC Stubs with the same email used for their account will be rounded up to the next Criterion Club award they would have received under the program. 

The largest movie theatre chain in the world has also acquired several Cinemark Cinemas locations.

AMC Theatres reopened Cinemark’s former lease as AMC Evanston 12 in Chicago earlier this year.

Last year the movie theatre chain took over the famous Gove and Americana theatres in Los Angeles.

Both of which were listed in the top 30 most successful movie theatres in the world.

Wall Street might want the movies dead, but movie theatres aren’t going anywhere.

AMC movie theatre stock

AMC Stock
Market News: AMC Entertainment Stock

AMC stock made the biggest ruckus on Wall Street last year when retail investors drove the stock price to all-time highs through heavy buying pressure.

The community has grown from 3 million to 4 million retail investors.

Now, over 90% of AMC’s float is owned by retail and short sellers still haven’t left.

With a short interest of almost 23%, AMC Entertainment stock continues to be a short squeeze play.

AMC shareholders continue to buy and hold the stock in efforts to drive AMC’s share price to a new all-time high this year.

You can read more about AMC’s short interest, price prediction, and short squeeze data here.

So, although AMC’s share price has come down, shareholders know something corporate media simply won’t talk about.

AMC stock is about to get big again.

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Related: How High Will AMC's Next Price Runup Go?

Is There a High Chance AMC Squeezes This Week?

Is there a high chance AMC squeezes next week?
Will AMC squeeze next week?

Is it possible AMC squeezes this week due to the executive order that’s going into effect?

AMC finished the week strong up more than 20% last week.

The movie theatre chain surged almost 18% on Friday alone.

Stocks have been on a free-fall as the SPY and NASDAQ pull the entire market down with them.

However, both the SPY and NASDAQ finished up 6% last week which could indicate a potential reversal is underway.

There are very important things happening in the market right now, especially with AMC Entertainment stock and I’m going to go over it.

franknez.com

Welcome to Franknez.com – if you haven’t joined the newsletter, be sure to do that below. I’m publishing market news and updates daily.

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It’s now costing short sellers a lot more money to short AMC stock

A major change has happened in the past week.

The cost to short AMC stock has dramatically increased from 2% to now 7.1%.

Short sellers are now paying more to short AMC stock.

This is a pattern long-term AMC shareholders are too familiar with.

AMC’s short borrow fee began to rise last year moments before the stock saw big price action.

An increasing fee incentivized a small percentage of short sellers to close their positions driving the stock price up.

Today, there are more short sellers in AMC than there were when the stock price soared to $72 per share.

AMC’s current reported short interest is 22.85%.

The number of shares on loan are at an all-time high meaning there are now more shares that have to be returned than there were during AMC’s run to $20 and $72 per share.

AMC has the perfect short squeeze setup.

And as the fee rises to short AMC stock, shorts will have to make the decision to either deal with it or close their short positions.

Related: Short Sellers Are Now Paying More to Short AMC Stock

Executive order 14032 will trigger margin calls

Executive order 14032 will prohibit institutions to use Chinese securities as collateral, which will result in large margin calls.

This executive order replaced 13959 from the Trump administration.

When executive order 13959 disarmed institutions with this collateral in January of 2021, AMC surged to $20+ per share.

The order was amended as stocks surged resulting in sharp declines, giving institutions this collateral back.

The amended date moved to late May, where we saw AMC reach an all-time high of $72 per share.

Institutions were then given their collateral back on June 2nd for a period of 365 calendar days.

This collateral will no longer serve institutions on June 3rd until the order is amended again.

This order could be the reason AMC squeezes next week, or rather the reason why we see large price movement very, very soon.

Only time will tell exactly how this executive order will affect AMC and other heavily shorted stock.

But the data is there, and the coincidence is far too big to simply ignore.

You can read more about executive order 14032 and get access to the government document here.

No dates, but the stars are aligning in retail’s favor

AMC squeezes next week

No matter how you look at it, another AMC surge is imminent.

It’s very possible the SPY also hit a bottom around the low $400 levels.

This means the stock market could be seeing a reversal very soon, granted that the SPY continues to break upwards.

A short squeeze play though, is different.

AMC’s short interest data is there, there’s no doubt this is indeed a short squeeze play.

And whether AMC squeezes next week or not, short sellers are in a very tough position right now.

The markets are bound to go up again.

Failing to close at these all-time lows could prove to be a very big mistake.

Retail investors, brace yourself – winter seems to be over.

I’m curious to hear your thoughts.

Leave a comment down below.

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Related: Here's Why It's The Perfect Time to Buy AMC Stock Today

Is AMC A Good Stock to Buy?

is AMC a good stock to buy?
AMC Entertianment Holdings, Inc. – is AMC a good stock to buy? AMCStock Reddit

You might have heard all the ruckus going on with AMC and are now wondering, is AMC a good stock to buy?

What was once a struggling movie theatre chain company is now a rising phoenix innovating in every direction the market demands.

AMC Entertainment Holdings, Inc. came near bankruptcy when the pandemic shut down movie theatres across the country.

Now that the world seems to be going back to normal, people are wondering how the movie theatre chain will stand against online streaming.

In this article I’m going to break down earnings, debt, short percentage, and various key factors that will help you make a decision.

franknez.com

Welcome to Franknez.com – today I’m going to help you answer the question everyone wants to know. Is AMC a good stock to buy?

Let’s dive right into it!

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Let’s begin.

AMC now has positive EBITDA

AMC Positive EBITDA - is AMC a good stock to buy?
‘The Batman’ – AMCStock Reddit

AMC Entertainment announced during their Q4 earnings call that the company now has positive cash flow for the first time in two years.

EBITDA provides investors with a snapshot of a company’s overall financial performance.

AMC currently has a positive net cash flow of $160 million.

Why is this important?

The company almost went bankrupt during the lockdowns during the pandemic.

This is massive progress for any company to stand up after almost being defeated.

It demonstrates the will to succeed.

AMC box office grosses improved each and every quarter of 2020 and 2021 as the number of movie titles increased.

The company hosted approximately 60 million guests in the United States, Europe, and Middle East in Q4 of 2021 alone.

The recovery for AMC has been incredible in such a short period of time.

Now that the company has positive cash flow, AMC Entertainment will be able to provide more value to its guests and shareholders alike.

AMC futures

AMC Futures
AMCStock Reddit

AMC Entertainment saw more than $1.8 billion in liquidity its fourth quarter of 2021 and anticipates doubling its revenue this year 2022.

With more movie titles coming to the big screen this new year, CEO and President Adam Aron says the $1.8 billion will provide AMC with more security and flexibility to go on the offense.

AMC Entertainment doesn’t plan on sitting on this money, but rather on using it to play offense and innovate.

Adam Aron says he plans on obtaining licensing agreements to feature live movie concerts and live sports events in theatres.

If you’re betting on AMC long term you might want to become an owner of the company by purchasing the stock.

90% of retail investors now own the century old movie theatre chain according to the CEO.

The company has a strong and loyal shareholder base that even played a major role in resuscitating the company when it faced bankruptcy.

Adam Aron praises his shareholders as they are the majority owners of the company.

It’s a first in history where shareholders have a massive ownership of a company this big.

The CEO communicates with shareholders on Twitter where he takes ideas from the public to better structure certain areas of the company.

The number of AMC shareholder has increased from 3 million last year to now more than 4 million this new year 2022.

Innovation and revenue streams

AMC Perfectly Popcorn Brand - AMC Innovation and revenue streams
AMC Perfectly Popcorn Brand – AMCStock Reddit

AMC Entertainment has really transformed its business model and is now taking form of a modern-type business.

This leading movie industry chain is now accepting cryptocurrencies as a form of online payment for movie theatre tickets, gift cards, and other accessories.

Not only have they cultivated the crypto movement, but the company is also releasing NFTs when new movie titles are released.

With NFTs, AMC Entertainment will earn a royalty every time an NFT is sold or traded in the marketplace.

This opens opportunity in the marketplace for both AMC Entertainment the company and the asset owner.

AMC Perfectly Popcorn brand is on track to hit retail stores and supermarkets this year too.

They will be selling AMC Perfectly Popcorn brand microwavable popcorn at your favorite grocery stores and outlets.

Adam Aron announced during the Q4 earnings call that AMC and UberEATS are working on making it possible to order pre-packaged popcorn for home-delivery services.

So even if you’re not going out to the movies, you can order AMC Perfectly Branded popcorn for that movie night at home.

This is just one way the company is hedging against online streaming.

Once the theatre chain has access to exclusively release live concerts and sports events, the theatrical experience is going to transform how we look at movie theatres today.

Although online streaming has blown up, the theatre experience is something you cannot replicate anywhere else.

And the data has spoken for it.

Does AMC have debt?

does AMC have debt?

AMC Entertainment, like many companies has debt.

However, unlike the previous year when they had debt and negative cash flow, the company has eliminated most of its debt and created positive EBITDA.

AMC paid $61 million of deferred (postponed) rent in Q4 of 2021, reducing their total deferred rent to $315 million.

It reduced a total of $155 million of deferred rent over the last 9 months of 2021.

They plan to reduce the deferred rent by $150-$200 million in 2022 leaving them with $160-$115 million left for 2023.

This amount could be paid in full that same year.

So, while they still owe money, the execution is being handled with vigorous accountability and success.

AMC Entertainment should have no problem paying this off while maintaining a positive EBITDA through its multiple revenue streams.

Last year the company sold a $950 million junk bond which they used to pay down debt and refinance certain interests to much lower rates.

This has given the company much more flexibility than needed.

I think it’s fair to say the company has proved that it can handle its use of money quite well.

CEO Adam Aron also donated $1 million dollars of his personal money to charity in both stocks and cash.

“I benefited greatly as retail investors have embraced AMC. That makes it time for me to step up and personally give back.”

CEo and president, adam aron
Related: AMC Dominates with Powerful Q1 Results: Highlights

Does AMC offer dividends?

does AMC offer dividends?
Spider-Man NFT – AMCstock Reddit

AMC currently does not offer dividends.

However, the company releases NFTs when new movie titles are released.

These NFTs can sell on NFT marketplaces for quite a large amount of money, depending on the rarity of course, but they’re out there.

The highest sold AMC NFT was a Spider-Man NFT that sold for $17,000 according to Adam Aron.

When Spider-Man No Way Home came out, the first movie ticket buyers received random Spider-Man NFTs.

This is another great incentive to encourage engagement and revenue for the company.

I mean, what other company is truly innovating like this?

Elon Musk announced in January Tesla would accept Dogecoin for its merchandise.

But even he hasn’t gotten involved in NFTs like Adam Aron has, with all respect to Mr. Musk.

AMC shareholders who signed up before December 31st of 2021 also received a series 1 “I Own AMC” NFT.

More than half a million of these NFTs were created and sent to shareholders for free.

I believe these series 1 NFTs will be worth a lot of money years down the road as the company releases a variety of series NFTs with series 1 being AMC’s ‘originals‘.

The concept is incredible but only time will tell.

Are you an NFT collector?

Leave a comment below.

Is AMC still being shorted?

AMC currently has a short interest of 22%.

It’s relatively high meaning short sellers continue to bet on AMC’s stock price to go down.

In fact, the Department of Justice is investigating short sellers and big-time hedge funds for illegally driving AMC and GameStop’s share prices down.

Elon Musk spoke out against short sellers with Adam Aron mocking them for the second time when the announcements were made public.

Short sellers have been long accused by the retail community of tampering with AMC’s share price as the demand for the stock has not been accurately reflecting on the price.

Once called conspiracy theorists, major publications and regulators have now confirmed every allegation.

Predatorial strategies in the market are real and AMC has been abused by them.

The retail community is fighting to lift the market manipulation imposed on so called ‘meme stocks’.

The lift would allow the stocks to naturally surge based on supply and demand.

Is AMC a good stock to short?

Absolutely not.

Hedge funds have lost billions of dollars betting against AMC Entertainment and now the Justice Department has gotten involved.

The SEC recently warned short sellers of ‘short squeeze’ risks in a market transparency report.

The number of activists in the retail community has multiplied over the months and year.

Can AMC still squeeze?

AMC’s current short interest is more than enough to send the share price to an all-time high.

The company’s stock reached $72 per share when the short interest was only at 20%.

The short interest came down to around 14% shortly after the price surge but has since gone up to now 21%.

When AMC climbed to $72 per share it was with only 6% short interest out of 20%.

Is it worth buying AMC for a short squeeze trade?

90% of retail investors holding the stock certainly think so.

For many, the reward outweighs the risk involved.

Though a wise man did once say, the only risk is not taking a risk at all.

Join my discord where many community members are discussing the data.

Is AMC a good stock to buy today?

is AMC a good stock to buy today
AMCStock Reddit – is AMC a good stock to buy?

What makes AMC so different from most stocks is the peculiar spot it’s in.

The company is working extremely hard to improve its fundamentals by innovating, paying off its debt, and increasing its revenue streams.

In the meantime, you have a loyal shareholder base looking to squeeze shorts from their positions while keep their ties to the company after successfully doing so.

Moody’s recently upgraded AMC to Caa2 rating saying the outlook on the company is positive amid the cinema industry’s recovery.

And while corporate (mainstream) media might tell you otherwise, it’s important to note that these companies are often times influenced and bought by hedge funds.

There’s no narrative here, only data.

Is AMC a good stock to buy?

The stock could be a great buy whether you’re looking at a long-term fundamental investment or whether you’re diving into a short squeeze trade.

Just remember, this is not financial advice, and my suggestion as always is to never put more money in the market than you can afford to lose.

Always do your due diligence and stick true to your conviction.

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Ray Dalio’s Bridgewater Just Bought AMC Stock and Sold Tesla

Ray Dalio's Bridgewater Just Bought AMC Stock and Sold Tesla
BREAKING: Ray Dalio’s Bridgewater buys AMC stock for the first time; sells Tesla

Another institution has bought AMC stock and sold another high-profile stock.

Ray Dalio’s Bridgewater fund just bought AMC and GameStop and sold Tesla shares.

I was watching the multi-billionaire talk about the economy just yesterday with Tom Bilyeu.

Bridgewater wasn’t the only institution that increased their stake in AMC stock this first quarter.

The largest pension fund in America (CALPERS) purchased an additional 155,992 shares by the end of Q1 this year, totaling the number of AMC shares owned to 775,392 shares.

It seems institutions are bulking up on AMC shares right before executive order 14032 goes into effect.

Things are getting very interesting.

Let’s discuss it.

franknez.com

Welcome to Franknez.com – if you haven’t joined the newsletter, be sure to do that below. I’m publishing market news and updates daily.

Let’s dive right into it!

Join the newsletter to become part of an activist group fighting for market transparency!

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Bridgewater buys AMC stock for the first time

Bridgewater buys AMC
Ray Dalio’s Bridgewater buys AMC stock for the first time

Bridgewater disclosed an AMC stake for the first time in its latest portfolio update.

Dalio and his team bought about 27,100 shares of the cinema chain, which were worth $667,000 at the end of March.

The fund disclosed around 4,100 GameStop shares worth $689,000 as of March 31.

The last time it listed GME stock in its portfolio was more than three years ago, at the end of 2018, according to Market Insiders.

Bridgewater owned about 25,500 Tesla shares worth $27 million at the end of December, and held the stock in all four quarters of 2021 but cashed out its Tesla stock the first quarter this year.

Ray Dalio is an incredibly smart person.

Why an institution like Bridgewater is bulking up on AMC and GameStop shares has to mean something.

The ‘ape’ community predicted the big price runups that happened in AMC last January and May/June and are expecting a bigger runup this year.

Are financial institutions catching up?

Executive order 14302 goes into effect soon

Executive order 14302 is going to prohibit financial institutions from using Chinese securities as collateral on June 2nd, 2022.

The last time Chinese collateral was prohibited on January 27th, and May 27th of 2021, AMC stock surged.

Is this why institutions such as CALPERS and Bridgewater are buying AMC stock?

And while CALPERS did not buy GME stock this first quarter, it did buy 70,600 shares of GameStop during the last quarter of 2021.

I wonder what Wall Street analysts have to say about this.

After all, they made it their life’s mission to derail investors from buying these ‘meme stocks’.

Something tells me ‘dumb money’ might not have been so dumb after all.

But I’m curious to know what you think.

Are institutions on board with the data that says AMC and GameStop have massive potential for a short squeeze?

Leave your thoughts in the comment section of the blog below.

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Related: CALPERS Increases AMC Stake, Sells Netflix Shares

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