1AMC trade ideas
AMC Entertainment's Stock Plummets 16% on Proposed Stock SaleAMC Entertainment ( NYSE:AMC ), the nation's largest theater chain, is facing turbulent times once again as its shares plummet over 16% in response to a proposed stock sale of up to $250 million. The company cites a soft first-quarter box office and increased cash burn as reasons behind the move, leaving investors concerned about the chain's financial stability.
The decision to raise capital through stock sales comes amid ongoing challenges for NYSE:AMC , exacerbated by last year's Hollywood strikes and subsequent cash flow disruptions. Despite a slight bounce in premarket trading, AMC's stock remains down significantly, highlighting investor skepticism about the company's ability to weather the storm.
The pandemic dealt a severe blow to AMC's financial health, pushing it to the brink of bankruptcy. While its meme stock status provided a temporary reprieve, the underlying debt burden and operational challenges persist. CEO Adam Aron has emphasized the importance of bolstering liquidity to navigate the uncertainties ahead, even as retail investors express concerns about dilution of their stake.
The company's recent fourth-quarter numbers offered a glimmer of hope, with improved performance attributed in part to successful film releases like Taylor Swift's The Eras Tour. However, Wall Street analysts remain cautious, citing AMC's significant financial leverage and the looming specter of potential balance sheet restructuring.
Moody's Investor Services has underscored the precarious nature of AMC's debt capital structure, warning of the possibility of further distressed exchanges or restructuring. As AMC charts its course forward, investors are left grappling with the uncertain future of the iconic movie theater chain in an ever-evolving entertainment landscape.
In the face of mounting challenges, AMC's resilience will be put to the test once again. Whether it can successfully navigate these turbulent waters and emerge stronger on the other side remains to be seen.
Stay tuned as NYSE:AMC Entertainment continues to navigate the highs and lows of the movie industry, with investors eagerly watching for signs of stability amidst the storm.
AMC might be starting to slide in the breakI've left this chart marked up the same as it was on the last posting of AMC, which was quite a while ago. The market rallied a little higher but met strong resistance in the area forecast as the place to look out for bears. It looks like we might be entering into the break now. If we are, we might see the Elliot down legs develop.
AMC - So you're saying there's a chance?Michael Saylor once said "If BTC doesn't go to Zero, it's going to MIL:1M +". While I don't think AMC will ever be a moonshot like Bitcoin, I do think that if they don't go bankrupt in the next 2 years, there's a pretty good chance we 2x - 5x from current levels in the next 3 - 5 years. I'm using this video for myself as a Vlog to manage my emotions in what I imagine will be a wild ride (up and down) for this trade. I'll be curious to look back on this in 2026. I'll either look like a genius, or just another retail investor thinking they could beat the market. ;-)
AMC-Will Taylor Swift & Beyonce bring some much needed love?I've been watching AMC for a couple of weeks thinking to myself...I bet the Taylor & Beyonce Concert films will bring some much needed love & cash to this dying theater chain. So a "bet" with myself is what I am taking on this morning based upon the following analysis:
Positives: Yesterdays price cut right through the daily Tenkan Sen (thick red line) and closed above it with Volume showing green days as having more volume and red days having less volume. However, in order for the stock to show "strong" positive momentum price must stay above the daily Tenkan Sen; which is at $7.04 today. If price dips below the Tenkan Sen, yesterday's strong "breakout" is invalidated. A very weak positive: the 50 MA has moved above the 63MA (50 because so many retail traders use this MA & 63 because this is how long it typically takes an investment fund to exit or enter a position...IMO the 63 is far more important IF you are going to be using a MA)
Negative: We opened today below yesterday closing price which doesn't show good follow through from yesterdays breakout. Typically something that is really, really strong will just go after yesterday's price action.
Just wanted to show how I bottom fish...
Entry Price: $7.26
Stop: 7.02
Please note: This is not a LT trade but a short term trade into 2024 Qtr 1 earnings as I do think AMC is a dying theater chain. Also note, I have only risked 1% of my total capital to this "bet" with myself.
For the AMC loversFor all AMC lovers; here is what you all have been waiting for, a reversal in the downward trend, first target $6.75, and from there a ladder of ups and downs, but always aiming to go higher, say goodbye to this price because you won't see it again for a while.
AMC Earnings Build-upQuick disclaimer, I've posted many Ideas for this stock expecting an uptrend and they haven't panned out, but I'm going to pull out my inner Michael Burry and claim that I don't think I'm wrong, I'm just early.
AMC is currently being pinched in two downtrends that date back to Aug 24th and 25th.
The closer resistance would require the stock to break/stay above 4 dollars (as of tomorrow, Feb 8th). That number goes down every day after that.
The support on this downtrend would have AMC needing to stay above 3$ at the time of earnings on Feb 28th
But TA has let us down before, so let's talk about earnings:
Analysts' expected revenue is 1.046B.
AMC has met or beaten revenue expectations every single quarter since the initial COVID quarter, which hints to the possible re-occurrence for Q4 2023.
Maybe analysts don't exactly know how to calculate/predict AMC's revenue.
Even less now that AMC released their own movies (T. Swift + Beyonce). Nobody knows exactly how much they made from those.
On top of that, there's all the new merch they've been coming out with, popcorn at new stores, their own candy line (which according to Twitter and Reddit, Apes went out and bought like mad for the holidays) AND the AMC VISA Credit Card, of which it is pretty much impossible to predict the revenue from (and I'm optimistic considering VISA destroyed their last earnings)...
I strongly expect an Earnings Beat.
In terms of future outlook, which is also very important in determining the direction of a stock price post-earnings, Q1 will be the absolute weakest of the year for sure. But that doesn't mean it'll be terrible, or even bad. It's kind of too bad Dune 2 isn't released until after earnings. Having just one weekend before the call would give us a greater idea of how the quarter will finish but, if anything, a successful first weekend for Dune 2 immediately after a positive earnings call will just keep the momentum going. The rest of the year has many more blockbusters to come.
This will be my last Idea for AMC, I'll just keep expanding on it from here.
I'm so bullish that I am absolutely sure that we are hovering around the bottom. Once we start going up, there's no looking back.
AMC cup and handleAMC looks to have formed a cup and handle into a bullish continuation. Now I believe that it will stay in this blue range into ascension. Lots of potential upside ahead.
AMC Entertainment Holdings Options Ahead of EarningsIf you haven`t sold AMC before the APE units merger:
Then analyzing the options chain and the chart patterns of AMC Entertainment Holdings prior to the earnings report this week,
I would consider purchasing the 5usd strike price Puts with
an expiration date of 2024-6-21,
for a premium of approximately $1.44.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
The worst has past AMC will continue up from here. This prediction is based on the daily downtrend being broken. Q4 earnings are expected to be positive and are reported end of February. At this time new money will possibly start flowing into AMC leading up to this crucial moment.
AMC Ending the DowntrendEasy Trade for Holders. I Hold 2500 AMC Shares 6,53usd
and the Up- and the Downtrend mace me HAPPY for a lot of swings.
Show my IDEA, and Buy with your own RISK, that you can.
The Markes such now the Entrypoints and create the SL ZONE in the next 1-2 Weeks,
i think the Rocket can start then.
Good Luck
[AMC] Reversal LongThis kind of trade is very risky but can have a great potential with limited risk, so only to take with low volume and great position management.
After this massive down-side move, the price start to show some reversal potential with the previous engoulfing candle. We now need to curl up break the previous red candle to start a correctif move to the up-side.
Great Trade !
AMC x ETC algo researchHere's what I found...
The 1 month lag between AMC and ETC has been in effect since January 18 2024.
Purple : is the previous tracking from ETC in Dec 18 2023 to Jan 7 2024.
Cyan : is the current tracking from ETC in Jan 8 2024 to Jan 13 2024.
Blue : is the next sequence tracking from ETC in Jan 14 2024 to Feb 11 2024.
Yellow : is my ETC projection from ETC in 2021.
AMC can price rise from the all-time low ? LONGOn this 15 minute chart I see support for upside on AMC now at its all time lows. My target is
recent tweezer tops at 4.27 with a stop loss set at 3.93. Any price rise at all will likely start
short seller's buying to cover and close to be added to new long buyers supporting a move
higher. The dual TF RSI indicator shows a bottom at the all time low and bullish divergence
compared with the price action which is sideways for the moment. The Mass Index indicator
with a rise then fall over the threshold and trigger levels has signaled a reversal. I will take
a long trade of both long shares and a call option. An alternative to hedge is long shares and
put options at a ratio of 100:1 with the puts as cheap " insurance". If a short squeeze
( ? moonshot) ensues, the put option will stop out or get crushed to a complete loss of no
consequence in the greater overall trade.
DISCLAIMER Any long trade from an all-time bottom is extremely risky- only trade cash that you can afford to burn and not feel bad about it.
AMC Faces Uphill Battle Amidst Dwindling Box Office & Debt Woes
As the curtain falls on another tumultuous year for AMC Entertainment Holdings Inc (NYSE: NYSE:AMC ), investors brace themselves for what could be a defining moment in the company's trajectory. With AMC (NYSE: NYSE:AMC ) stock plummeting to new lows and a bleak outlook for the cinema industry, CEO Adam Aron finds himself navigating treacherous waters filled with debt obligations and shifting consumer preferences.
The recent plunge in AMC's stock price, hitting a new 52-week low of $3.63 per share, reflects the harsh reality facing the cinema giant. Despite the optimism surrounding the industry's recovery post-pandemic, AMC's (NYSE: NYSE:AMC ) struggles persist, exacerbated by external factors such as the lingering effects of the 2023 Writers Guild of America strike.
The impact of the strike on the 2024 box office cannot be understated. With projections suggesting a staggering decline of at least $1 billion in domestic box office revenue, AMC (NYSE: NYSE:AMC ) and its peers face an uphill battle to reignite consumer interest in traditional moviegoing experiences. The rise of streaming platforms continues to pose a formidable challenge, forcing AMC (NYSE: NYSE:AMC ) to reimagine its business model and adapt to an evolving landscape.
One of the key concerns weighing on AMC's (NYSE: NYSE:AMC ) performance is its ballooning debt. The company's aggressive measures to pay down debt, including dilution through share offerings, have left investors wary. AMC's (NYSE: NYSE:AMC ) outstanding shares surged by 29.52% in 2023 alone, reflecting a pattern of dilution that threatens to erode shareholder value over time.
The recent $350 million at-the-market offering, coupled with additional share issuances to service debt obligations, underscores the urgency of AMC's (NYSE: NYSE:AMC ) financial predicament. As the company strives to strike a delicate balance between debt reduction and shareholder interests, the path forward remains fraught with uncertainty.
Against this backdrop, AMC's upcoming earnings report for the fourth quarter and full year ended December 31, 2023, assumes critical importance. Investors eagerly await insights into the company's performance and strategic initiatives to navigate the challenges ahead.
The earnings webcast scheduled for February 28, 2024, offers a platform for stakeholders to gauge AMC's prospects and pose pertinent questions to company executives. Amidst mounting concerns, CEO Adam Aron faces the daunting task of restoring investor confidence and charting a course towards sustainable growth.
However, amidst the gloom, there are glimmers of hope for AMC (NYSE: NYSE:AMC ). The company's relentless pursuit of innovation, including initiatives like AMC Theatres Distribution and partnerships with leading artists, demonstrates a commitment to diversifying revenue streams and enhancing the cinema experience.
As AMC endeavors to weather the storm, it remains to be seen whether the company can emerge stronger from its current challenges. With the global cinema landscape undergoing seismic shifts, AMC's fate hangs in the balance, with stakeholders eagerly awaiting the next chapter in this unfolding saga.
AMC reversal time?While everyone has been running away from AMC I've been running towards. I think yesterday we may have seen the last squeeze on AMC price.
Today AMC showing a strong revesal patern on the 4hr hr chart. Could AMC be making its turn. Earnings coming up in FEb so i guess we will know more than but for now let's just see if the investors feel the same as i do about AMC To the moon! LET'S MAKE AMC GREAT AGAIN lol
AMC worth a punt?AMC is now down 99% from its "meme" mania-fed all time high.
Very recently another gigantic plunge of 30+%. Seems at the moment though that at least some buyers are stepping in. Blood is more than in the streets with this one, holy moly.
I doubt I am the only one seeing the huge divergences in the RSI on all time frames. There is also a crystal clear trend line showing in the daily RSI which was recently broken. If it holds, AMC should see some relief. Considering how far it has fallen, the percentage gains could be pretty nice.
I took a small ish position with VERY far OTM calls here. $15 leaps expiring in January next year. The IV isn't overly high but it appears high enough that any decent relief rally will produce strong profit potential. A possible short term short squeeze could easily 10x+ some contracts on the chain. Whether these will be one of them isn't up to me.
It's up to you.
Expecting volatility this week and nextAMC is currently testing the macro resistance for the 4th time.
The stock is currently getting pinched between the Bollinger Bands.
RSI is oversold on all timeframes.
In 2021, AMC started making moves after MLK day.
Hell of a lot of options expiring on Friday.
Impossible to say if it will be a bullish or bearish move considering everything we've seen with this stock. If it does reject this macro resistance again, AMC is hitting 0$ at the end of the month/start of Feb.
(White dotted lines are just historical support and resistances I'm keeping an eye on)
Can AMC continue after a good trading day ? LONGAMC on a 30-minute chart is putting in a double bottom. In mid-December, a symmetrical
head and shoulders is formed. The right shoulder being higher than the left makes for a
diagonal neckline which yields a target in the area of 5 confluent with the level of a high
pivot on January 10th. A standard Fibonacci retracement of the Janaury trend down would
put a target at about 4.55. The AI predictive tool looking back for similar patterns has printed
a buy signal. On this instrument at this time frame, the indicator has a 98% accuracy
for win rate. The ADX indicator shows a line cross and a "green" bull trend beginning.
Overall, I find AMC to be set for a long trade targeting 4.5 and 4.95 for one-third each with
the remaining to run in case a short squeeze gets underway.
Bullish on This The chart is showing bullish momentum on the four hours and daily chart. I wouldn't be surprised if the price goes up. Options are still cheap now, it wouldn't be a bad idea to long this.
reward to risk ratio is worth it. Target is probably around 6-$7 on the conservative side.
Only trade with what you can afford to lose.
Not a financial advice.
Did AMC Bottom? I know #AMC has been nothing to look at, but sometimes you gotta stick with your gut. The four hour chart looking like a db but the bigger picture is if you zoom out to the daily or the weekly. Price has been sitting on the 4.00 level unable to break lower. Bigger picture price seems to have resest and is siittin on a previous order block. It may be wishful thinking but I think at this price it cant hurt. Long on AMC
please comment or boost this idea if you agree
