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03-17-2021, 03:13 PM | #8566 |
I'll be back.
Join Date: Nov 2002
Casino cash: $2620478
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IT WAS UP 8% AH
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Chiefs game films |
Posts: 289,380
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03-17-2021, 04:12 PM | #8567 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $-148100
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Posts: 46,167
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03-17-2021, 04:24 PM | #8568 |
Banned
Join Date: Jan 2013
Casino cash: $9998560
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I swear to GOD there is not just ONE investing site, thread, or post that isn't just cock comparisons and dick smacking.
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Posts: 53,803
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03-17-2021, 04:46 PM | #8569 |
Mammoth penis
Join Date: May 2006
Location: Springfield
Casino cash: $7174386
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AMC CEO Adam Aron bought $949,368.00 worth Class A Common Stock today. Great catalyst.
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Posts: 11,434
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03-17-2021, 04:53 PM | #8570 |
I'll be back.
Join Date: Nov 2002
Casino cash: $2620478
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NEXT STOP 100
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Chiefs game films |
Posts: 289,380
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03-17-2021, 09:26 PM | #8571 |
In Search of a Life
Join Date: Aug 2005
Casino cash: $7327995
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Posts: 43,200
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1 0 |
03-17-2021, 10:05 PM | #8572 |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $-239523
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VYGVF
Coin exchange like Coinbase. OTC stock at $23 .Chart looks pretty damn good. |
Posts: 40,658
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03-18-2021, 02:37 AM | #8573 |
Starter
Join Date: Jan 2019
Casino cash: $4580400
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I doubt it. It wasn't close to even 40 before the pandemic and it has issued costly debt since the pandemic.
The other factor is HBO Max is having more movies go straight to homes and in theatres less. This trend may hurt AMC's profitability. AMC is just having the bounce right now since bankruptcy is off the table for the next year or so. How well it does going forward is a different story. I predict they will be profitable but just not that profitable since they don't have that great of pricing power in comparison to the movie studios. If the stock goes much higher than it it is now like to even the mid 20's, fully expect AMC to sell a boat load of shares on the open market driving the stock price down to the teens. It may not even be convertible debt if they can off load shares at a high enough price. Yes, AMC obviously hurt by pandemic which should end this year but more movies going straight to streaming services hurts AMC. AMC will survive or at least if they don't some other big movie theatre chain will come to replace them but how profitability it will be long term is a different question. They are just a distributor and that doesn't appear to pay as well as content providers. When people in today's dollars will be able to buy 83 inch OLED TV's for $1000, it truly may be less people at the theatres. It may take 8-10 years but expect even OLED TV's to drop to those prices for basic ones. |
Posts: 581
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03-18-2021, 05:09 AM | #8574 |
Mammoth penis
Join Date: May 2006
Location: Springfield
Casino cash: $7174386
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Posts: 11,434
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03-18-2021, 05:25 AM | #8575 | |
Mammoth penis
Join Date: May 2006
Location: Springfield
Casino cash: $7174386
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Quote:
https://www.reddit.com/r/WallStreetb...m_source=share |
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Posts: 11,434
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03-18-2021, 05:34 AM | #8576 | |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $-239523
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Quote:
Dec Revenue 1.5 M Jan Revenue 8.5 Mil Feb Revenue 20 mil Mar Revenue estimated 40 Mil CEO's from Etrade, Morgan stanley going to do DD today |
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Posts: 40,658
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03-18-2021, 07:00 AM | #8577 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $-148100
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Who’s selling all their CCIV and putting it on AMC?!?!
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Posts: 46,167
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03-18-2021, 07:05 AM | #8578 |
Prestige Worldwide
Join Date: Jan 2009
Location: Spring Hill, KS
Casino cash: $1400526
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Neither!
I am holding both!
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Adopt-A-Chief: John Dorsey
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Posts: 18,473
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03-18-2021, 07:19 AM | #8579 |
Mammoth penis
Join Date: May 2006
Location: Springfield
Casino cash: $7174386
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I'm waiting for it to drop down some more so I can average down a bit. I bought way too high at around $35 and should have sold when it was $60 but got greedy. When the merger/ticker change is complete in late June it will hopefully make it back up at least in the 50's.
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Posts: 11,434
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03-18-2021, 07:26 AM | #8580 |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $-239523
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I nibbled again this morning so now have 500 shares in one acct. 40 in another and 14 in another. I think I'm done with an avg of around $10 now.
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Posts: 40,658
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