AMC Entertainment stock (AMC) has taken over the financial world. AMC stock is up nearly 3000% and it hasn’t even squeezed yet. The stock is currently trading at $51.96 per share.
Perhaps you’ve been debating whether you should get in and purchase something. Don’t feel bad if fear of missing out is kicking in. Here’s what you need to know.
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Despite the desperate attempts from the manipulative media to divert the public from buying AMC stock, new retail investors continue to educate themselves.
Disclaimer on the home page, I am not a financial advisor. Why would anyone want to be a financial advisor any when most don’t even follow their own advise. With that being said, I have a passion for guiding people. If there’s an opportunity on the horizon then I will share it with you.
It is up to you whether you want to take it or not. AMC Entertainment stock is that opportunity at the moment.
Will AMC stock keep going up?
I just recently published an article on the technical setup that shows us the support levels that will take AMC to $100 per share. This post goes over the levels of resistance the stock will need to break in order to continue surging.
Zoom out to the monthly chart and you’ll notice that AMC stock has had a very bullish run based on what seems to be merely volume. Retail investors are buying the stock to squeeze short sellers out of their positions.
This event is what is known as a short squeeze. A short squeeze could skyrocket this stock beyond comprehension. How high can AMC stock go? Retail investors will have to hold their positions long enough to find out.
What you need to know before buying AMC stock
I published a list for new retail investors on 6 things they need to know about holding AMC stock. In short, they are:
- To detach your emotions from this stock trade
- Shun negative people
- Hedge funds are playing dirty
- Don’t invest more than you can afford to lose
- Share positive content and due diligence to help new retail investors
- Be patient
I’ve been buying and holding AMC stock since early February. I’ve seen the price go up from $5 to where it’s currently trading. And although at some point I was under $9K (on paper), I’m now up close to 6-figures.
BUT, I’m not cashing in. That’s because my conviction in the stock is #AMCSTRONG.
The AMC community is holding for many reasons. Everyone has a story. And the beautiful thing about this movement is that the data tells us there’s no ceiling as to how high this stock can go.
How much is 10 shares of AMC stock worth?
AMC’s stock price as of July 5th is worth $51.96. This means you 10 shares will cost you $519.60. This is the average cost of a car payment today.
Where will your investment be when AMC is trading at $100 per share? Your 10 shares will be worth $1,000.
So, is it worth buying 10 shares of AMC stock?
Considering you can double your money short term, this might be a good trade for the novice retail investor. However, you must know that if hold the stock, you might just be able to make a life changing trade.
The AMC community is not planning to cash in at $100 per share. No, the community is riding this out for the short squeeze where the potential is well above 4-figures and beyond.
I’m personally building capital to multiply in AMC before it goes to $100 per share. However, I will not be pulling any investment out until short sellers have been squeezed from their positions.
If you’re an AMC shareholder, not only do you own the biggest movie theater company in the world, but you hold a very valuable ticket to financial freedom.
Read: How to invest in the stock market (step by step) for beginners
What are the risks of investing in AMC Entertainment?
The number one risk is always never taking the risk. This of course is merely my opinion. And that of many highly successful individuals but you can make this assessment for yourself.
If you’ve been watching the stock for quite some time but haven’t gotten in, your risk increases as the stock price increases. Your chances of making significantly more money on this trade decreases by a bit.
If you plan on getting in on AMC for this 9/10 squeeze potential rating by Fintel then you don’t have much to worry about regarding entry price. Just try to buy on a red (discount) day or during a dip.
The only scenario where you lose money is if you get in on AMC stock at $60 for example, it drops down to $55 and you take your money out because this small drop scared you.
This is not the way it’s played. The market does this, it goes up and goes down. AMC is currently bullish despite the high consolidation at the moment. It’s nature at the moment is to trend upwards.
If you’re a seasoned ape reading this article, you’ll have to identify whether buying 10 shares at this price is going to make a difference to your portfolio. It may not be a lot of shares from a glance but it a few thousand can add up.
Join my Discord community
AMC with Frank Nez now has over 2,100 members of both new and seasoned AMC shareholders. Our new members are learning something new every day!
I created this safe community for your voice to be heard and for new information to be shared. I constantly get complimented on this Discord group. My response is always the same. It’s you who makes this community great.
Here’s a personal invitation to the community. See you there!
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