Actually, betting against the movie chain with a local office isn't a bad idea considering that the American public seems enthusiastic about skipping the cinema in favor of avoiding $10 popcorn, jugs of soda and sticky floors.
Nevertheless, here's the argument over stonks . . .
AMC 'Under Attack' From Short Sellers Again, CEO Says
AMC Entertainment Holdings Inc. (NYSE: AMC) CEO Adam Aron said that the movie theatre chain is once again "under attack" from short sellers after having avoided bankruptcy during the COVID-19 pandemic, Bloomberg reported Thursday.
We aren't done with you yet AMC!
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ReplyDeleteI think movie theaters got the hammer by both COVID and the boycott of Hollywood. They are pretty much heading into a thing of the past.
Screw em both!
ReplyDeleteAMC sold their soul to the ChiCom's. Fuck 'em; hope they go bankrupt.
ReplyDeleteOver priced crap the peddle let them all CLOSE
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