If you scroll through the Seeking Alpha articles page you see dozens of negative articles by a variety of contributors and if you do a Google News ( GOOG) ( GOOGL) search, most articles will be negative surrounding their recent preferred shares offering ( APE). You don't need to look very far to see the negative sentiment around AMC. Let's explore how the company is positioned to take advantage of these factors.
#WHEN WILL AMC SQUEEZE MOVIE#
So where do we go from here? More reliance on movies being seen exclusively in movie theaters before being released on streaming platforms and the need for 'going out' by a population which has been indoors for a year and half. Since then, however, the company's share price has been subject to reality and with each corresponding financial statement release, the company's share slowly but surely returned down to around the $7.00 to $8.00 per share mark, which is just about fair value at 10x earnings multiple they were reporting before the COVID-19 pandemic shut down the global economy and businesses. For AMC, share price was pushed to a peak of over $55.00 per share, valuing the company at a multiple way too extreme for the growth (or lack thereof) they were expected to show. On websites like Reddit and others, novice traders talk up a stock to a point that pushes it very high and well out of the realm of reality for the fundamentals that the company holds. The best indicator for this trend is volume. Since they have a decent amount of cash and operating cash flow projections, I believe they are positioned quite well to take advantage of the expected increase in movie-going and with a 20% of float short interest by those (like myself) who have been betting against the meme stock traders - this can head north quite quickly on the backs of solid fundamentals improvements. With more and more movies coming out over the next few months and with the return of people around the United States and the world to movie theaters after the COVID-19 pandemic, I expect the company to see increased revenues slightly beyond what current projections are calling for. But over the past few months, the company's share price has returned back to earth and is not in a point where it may be fairly valued, or even a little undervalued. It's been rough in 2022.and I do hope patience pays off after this squeeze.AMC Entertainment ( AMC), a movie theater company, has been the subject of 'meme stock' speculation over the past few years which saw it rise hundreds of percentage points on the backs of traders pushing it up without much fundamental basis. Let's not forget tons of FTDs also coming in on Jan 24-25. Short interest publication date is Jan 25 this month So if we follow this same pattern which I belive it is, We will see massive squeeze between Jan 24-25. It's up to you to decide if you belive this or not.Ģ021 Finra Short interest Publication DateĪMC Jan 2021 squeeze started on Jan 26-27ĪMC 2021 May -20% Pull back before squeeze begins on May 25.
I was digging through my files and luckily I found it! I included 2021 GME and AMC chart below. I started to check info and data every day since then and surprsing thing I found was when squeeze happened, it happened exactly on these end of Finra Publication Date. One of the reason I started to take seriously on these play was when I sold my AMC shares right before 200-400% squeeze in end of Jan 2021.
I've been in this squeeze play for 2 years since 2021. I know some people from 2021 already understand this but this is for people who never experience squeeze cycle. Hey, Apes! I am seeing some poeple who are wondering when squeeze will begin.
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