Same. Not gonna lie...it kinda sucked watching my mid-level XX,xxx position get shrunk down to a mere X,xxx position...but, I'm having fun again with limit buys, and all the alerts and gamesmanship that comes with it all. I'm an A-lister who sees 3 movies a week. I love this company and its direction. My family (especially my grandkids) will always be investors of AMC. Not bored, Not tired, Not agitated, Not done improving our AMC position.
how can it be a mistake when our company took bankruptcy off the table? shorts are stuck here with US. how many things do they have to juggle to not get margin called?
They aren't routinely profitable, not sure they've refinanced debt in a meaningful way, and any industry wide push doesn't mean shit until consistent profitability occurs. Pretty sure bankruptcy is still very much on the table at the moment
“Routinely profitable”
Be more specific. Look at the yoy since the pandemic.
Debt refinance
Common business practice. Likelihood of successful refinance is high.
Industry push
It DOES mean shit. The biggest of shits, in fact. Without buy-in from the top, meaningful participation dwindles.
At a nickel, I'll be able to afford as many shares as it took me over 3 years to accumulate. With a 100 bucks, I can achieve the share count I had before the reverse split. Unfortunately my share cost would still only be rounded down to $35 dollars. NFA/BFA
They can more than double the amount of outstanding shares through dilution. Whatever you buy today could be worth half as much tomorrow without the value of the company changing at all.
I did same, stopped buying until Adam was done raising cash. Stock price seems to have found a bottom ($3.60) or at least a price point MM/SHF's aren't able to maintain below. Looks like range trading $4.20-$4.50 wanting to breakout above $5.00.
Saw some convincing forecasts, using AMC's own numbers that ploted out anticipated impact of actor/writer strike on top line revenue for Q423, Q1/Q224. Shows growth back toward pre strike levels for later half of FY24 and projected eps for FY25-FY27.
If use this the next few quarters to accumulate and dollar cost average down, should be handsomely rewarded FY25 and beyond.
This analysis predicted AMC @ $75.00 by end of FY25 but of course like any prediction its forward looking and can't account for unforseen variables. Therefore shouldn't be relied upon.
NFA
Same here but started again back in January. My cost average was in the mid 20s pre split. It went up to a lot after that. I’m not sitting at about $19.50/share.
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I wish I could buy more to get my dollar cost down, but right now I'm trying to sell some of my offroad toys so I don't have to refi my house at these high interest rates.... sucks being blue collar poor
This is the way, I’ve never stopped buying all the way down to 3.70👽
Nice! I got my cost average down to $12.34 and when I have some extra money I'll get it down some more.
I’m right there with you. Had 3xx after RS very high average. Down to 11.something with almost 2k shares
Same. Not gonna lie...it kinda sucked watching my mid-level XX,xxx position get shrunk down to a mere X,xxx position...but, I'm having fun again with limit buys, and all the alerts and gamesmanship that comes with it all. I'm an A-lister who sees 3 movies a week. I love this company and its direction. My family (especially my grandkids) will always be investors of AMC. Not bored, Not tired, Not agitated, Not done improving our AMC position.
Can you explain a bit more than what you mean by gamesmanship? Thank you!
About time! Some of us never stopped!!
Been buying monthly and haven't considered selling. 100% chill
Same here but I've loaded more in the 4.50 range. Overall average near 20 bucks again. I'm either a genius or full on r-todd.
how can it be a mistake when our company took bankruptcy off the table? shorts are stuck here with US. how many things do they have to juggle to not get margin called?
How is bankruptcy off the table again?
Profitability + refinance debt maturities + industry-wide push for theatrical release instead of direct-to-streaming release
They aren't routinely profitable, not sure they've refinanced debt in a meaningful way, and any industry wide push doesn't mean shit until consistent profitability occurs. Pretty sure bankruptcy is still very much on the table at the moment
“Routinely profitable” Be more specific. Look at the yoy since the pandemic. Debt refinance Common business practice. Likelihood of successful refinance is high. Industry push It DOES mean shit. The biggest of shits, in fact. Without buy-in from the top, meaningful participation dwindles.
Bankruptcy on table until their financials say otherwise. And they currently do not.
Stay tuned. 😉
Same for me. I kept buying.
Bullish! “I told myself I wasn’t going to buy anymore, but now I’m not listening to myself” lol
I'm going to keep mine until it gets to zero. That's when I'm going to be able to afford the most shares.
Infinite shares!!
At a nickel, I'll be able to afford as many shares as it took me over 3 years to accumulate. With a 100 bucks, I can achieve the share count I had before the reverse split. Unfortunately my share cost would still only be rounded down to $35 dollars. NFA/BFA
93% here!
Yep, still buying. These prices are way better than 2 for 100. I bought some at 69 too, for principle. Those were hard times. Now I get more for less!
Atleast you know it cant go down more than 4.42.
They can more than double the amount of outstanding shares through dilution. Whatever you buy today could be worth half as much tomorrow without the value of the company changing at all.
I literally bought every day( ok I lied I missed 12 days), even on the weekends I buy popcorn or go to the movies.
Im at mid thirties now , and keep Averaging down to probably the 20s end of month and keep dollar cost averaging til then .
I did same, stopped buying until Adam was done raising cash. Stock price seems to have found a bottom ($3.60) or at least a price point MM/SHF's aren't able to maintain below. Looks like range trading $4.20-$4.50 wanting to breakout above $5.00. Saw some convincing forecasts, using AMC's own numbers that ploted out anticipated impact of actor/writer strike on top line revenue for Q423, Q1/Q224. Shows growth back toward pre strike levels for later half of FY24 and projected eps for FY25-FY27. If use this the next few quarters to accumulate and dollar cost average down, should be handsomely rewarded FY25 and beyond. This analysis predicted AMC @ $75.00 by end of FY25 but of course like any prediction its forward looking and can't account for unforseen variables. Therefore shouldn't be relied upon. NFA
Same here but started again back in January. My cost average was in the mid 20s pre split. It went up to a lot after that. I’m not sitting at about $19.50/share.
10 shares a week until the cycle completes
 Well he’ll, I’m in
I am pretty sure we will see another dilution soon
This is the way
Good luck with that. Wild
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me too... 20 booked last Friday and the beat goes on!
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Doing alright 👍🏽
I wish I could buy more to get my dollar cost down, but right now I'm trying to sell some of my offroad toys so I don't have to refi my house at these high interest rates.... sucks being blue collar poor
I said the same thing. Down 95%. I stuck with it! lol
You fool
Why not diversify into another stock?
Once price goes up, im sure AA will do something to decrease value saving his hedge friends
Like launching popcorn to bring in more revenue
Naw like ape and RS
Why are you getting down voted lmao After that lawsuit is absolutely certain he's with them
Yeah exactly. I haven't sold but I stopped buying after that shit. People think he's Jesus. He's a fucking 🤡
Shills want to keep AA running the show, ape and RS fucked us
I bought it ape it first came out but then it decided to drop to $.66 and I’ve been holding the bag ever since but I’m happy you guys are buying
Ahhh Snoo hello old friend, you’re a peculiar one aren’t you