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AMC Bullish Earnings ReportDue Diligence on AMC Entertainment Holdings, Inc. Earnings report states theaters continue to reopen across the United States and internationally. Many Americans are wanting to go back to the movies with their friends. AMC has been oversold for essentially the entire year of 2020. During lock-down restrictions their profits shrank to nearly 0. Their website has been updated frequently in regards to streaming services. Rumors about Amazon buyout of AMC in the future. AMC continues to advance into a technology company investment. The gigantic wedge breakout has much higher targets than the current price. This is a long term hold, swing trade idea. -------AMC LONG SCALP------- Entry: Under $10.00 ----------------------------------- Target 1: $12.00 Target 2: $15.00 Target 3: $20.00 Target 4: $35.00 ----------------------------------- Happy Trading!
NYSE:AMCLong
by DenwoTrading
18
Going bananasAMC isn't getting as much institutional attention, and I think it's going to make a lot of people rich. My prediction is a pullback at around 18 to 22, and then it'll really blow. Similar to GME, there will be some dirty tricks to short ETFs that hold AMC shares, dark pool fuckery, all the stuff we've seen them do with GME already (and continue to). They can't do anything about the shares that retail investors refuse to sell, however. That's the word around the campfire and there just isn't a solution for that. If people buy and hold the people shorting eventually lose and have to buy in.
NYSE:AMCLong
by Incogniteaux
6