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re: Holding AMC Thread- Diamond hands unite

Posted on 3/3/22 at 3:07 pm to
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
31112 posts
Posted on 3/3/22 at 3:07 pm to
quote:

What did SLI report as their last EPS?


Companies that are pre-revenue generally have negative earnings per share. Is AMC pre-revenue too?
Posted by Buck_Rogers
Member since Jul 2013
1840 posts
Posted on 3/3/22 at 4:37 pm to
AMC had to close their theaters because of the pandemic. It had nothing to do with people not wanting to give them business, so I look at it as a growth stock now, since the future depends on how much they grow from now. Kind of a "re-growth". My point is, you have no interest in this stock other than to hope you can say you were right one day. Did you see me shitting on people for not selling SLI at $12 a share while I shorted the crap out of it after selling my shares on the way down? No, because everyone has their reasons for buying and holding, and it does me no good to waste my time preaching about something I'm not invested in.
You say you're invested in SLI because it is a growth stock. Weren't many of AT's pics growth stocks, but you say your holding bags now. Like I said before, I still see ZOM as a growth stock, and if you look, AT said to hold ZOM as long as possible and you would see nice gains by 2023. It got pumped though and people chased it. I bought early, because I like the company, but you cry about holding bags because you bought high and didn't see the pump. SLI sure looks like it was pumped to me.
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
31112 posts
Posted on 8/14/23 at 2:38 pm to
Good time to dust this thread off. The reddit morons refused to see what many of us did and are paying the price. Aron has been playing them like a fiddle for a while now...which I tried to tell them was happening, but I digress.

LINK

quote:

AMC (AMC) stock tanked in early trading Monday, falling nearly 40% as investors feared further dilution of their common stock.

Over the weekend, a Delaware court approved a merger between AMC and AMC preferred shares (APE) that will make all outstanding shares AMC common stock. Additionally, a 1-to-10 reverse stock split is scheduled for August 24, according to an SEC filing, meaning every 10 shares held by an investor will now become one share but at a higher value.


quote:

"AMC should now be able to raise additional equity capital," Aron wrote in a letter to investors on Sunday.


Pony up guys...your boy is going to artificially adjust the share price up and ask for more of your money to burn.

quote:

But while AMC's revenue for the most recent quarter topped estimates, it still lagged revenue from the same quarter in 2019, prior to pandemic disruptions, by about $150 million. In the most recent quarter, AMC saw attendance down roughly 30% from the same period in 2019.

"AMC’s court case resolution removes a significant overhang, and we expect AMC and APE shares to converge around $3 into the conversion (APEs into AMC)," Wedbush analysts Alicia Reese and Michael Pachter wrote in a note on Monday. "In spite of our positive view on AMC’s recent fundamental performance, we maintain our Underperform rating and $2 price target as shares continue to trade at a massive premium to its peers."
This post was edited on 8/14/23 at 2:40 pm
Posted by ShootingsBricks4Life
Member since May 2017
2601 posts
Posted on 8/14/23 at 2:57 pm to
Man, I made a ton off this stock. Wish I could find another one like it.
Posted by Buck_Rogers
Member since Jul 2013
1840 posts
Posted on 8/14/23 at 7:42 pm to
If you've read my posts from another thread on this, you'd see that I also made a ton off of call options on this stock. I have no interests in it now. Sorry you missed out.
Posted by UltimaParadox
Huntsville
Member since Nov 2008
40852 posts
Posted on 8/14/23 at 8:12 pm to
quote:

Sorry you missed out.




quote:

Buck_Rogers Posted on 3/2/22 at 11:15 am to Chucktown_Badger
I don't believe you could find one post where I predict the future price. I will say my average is $16.87 per share, and I think it will be above $16.87 in a year, or else I would've sold.


quote:

WDE24 Posted on 3/2/22 at 11:39 am to Buck_Rogers
I think it will be below that price in less than a year, but what I can’t grasp is why you didn’t sell at $70 or $60 or $50 or $40 or $30, etc. Do you think the stock price will ever see those value again? If so, how long do you think it will take.


quote:

UltimaParadox Posted on 1/19/22 at 3:13 pm to Buck_Rogers
Seems basically impossible with interest only payments already costing as much as their "peak profit years". They really need to refi that debt and kick it down the road again. However they are already in "junk status" so nobody going to lend them that money. Unless it is the convertible type via more share dilution


Fundamentals finally made sense, and the reddit bag holders ran out of suckers to rope in. Granted all the get rich quick types moved to crypto pretty quickly before it crashed. Now it is everything AI
Posted by Buck_Rogers
Member since Jul 2013
1840 posts
Posted on 8/14/23 at 9:27 pm to
Back at your usual ways of picking out bits and pieces of posts to try and prove yourself right. Why don't you quote all my posts with time stamps?

You can start with this thread

650% return on just 1 trade with AMC, and I called it before it happened which is documented in the thread. Let's not talk about that though.
This post was edited on 8/14/23 at 9:31 pm
Posted by UltimaParadox
Huntsville
Member since Nov 2008
40852 posts
Posted on 8/14/23 at 9:35 pm to
quote:

Back at your usual ways of picking out bits and pieces of posts to try and prove yourself right


Literally went back a few pages in this thread.

Where did I mislead
Posted by Buck_Rogers
Member since Jul 2013
1840 posts
Posted on 8/14/23 at 9:46 pm to
You literally just mislead in your last post. If you're going to quote and time stamp me to prove an agenda, then quote everything I posted on the topic in chronological order. You won't though, so I'll rest my case.
Posted by UltimaParadox
Huntsville
Member since Nov 2008
40852 posts
Posted on 8/14/23 at 9:59 pm to
quote:

You literally just mislead in your last post. If you're going to quote and time stamp me to prove an agenda, then quote everything I posted on the topic in chronological order. You won't though, so I'll rest my case.


Quote everything in the thread???

You spent half the thread saying AMC was a growth company and you were holding, when every piece of fundamental data pointed otherwise. You just keep pumping your bags.

Now you are stating you no longer have interest in the stock and of course you made a "ton of money".

What changed?
Posted by Buck_Rogers
Member since Jul 2013
1840 posts
Posted on 8/15/23 at 6:31 am to
I said when I bought in and for how much. I also stated when I sold and at what price. All of this was posted in real time and not days after the price movements. It doesn't get any clearer than that. My argument the whole time was that if you were determined it would go down and willing to bash the stock, then why not short it. I stated when I thought it would go up, so why would I bash a stock I bet on to go up? It went up when I said. I made my money and got out. You didn't. End of discussion.

ETA: I'm still long on ZOM with an average share price of 27 cents.
This post was edited on 8/15/23 at 6:34 am
Posted by WDE24
Member since Oct 2010
54132 posts
Posted on 8/15/23 at 7:12 am to
quote:

I stated when I thought it would go up, so why would I bash a stock I bet on to go up? It went up when I said. I made my money and got out.
You stated you were still holding shares at an average of $16.87 a share. You never stated when you sold those shares, but the stock price hasn’t been close to that number. You also said you were going to save the shares for your kids.

You also shot off about ridiculous conspiracy theories and a short squeeze that was all bs. Acting like you were right and refusing to just acknowledge the ridiculousness of your posts is amazing
This post was edited on 8/15/23 at 7:14 am
Posted by Buck_Rogers
Member since Jul 2013
1840 posts
Posted on 8/15/23 at 8:53 am to
quote:

You stated you were still holding shares at an average of $16.87 a share

Because I said it would go higher. It did and sold in the 20s.
quote:

You also said you were going to save the shares for your kids.

Did I? Sorry, but you have me confused with someone else.
Posted by WDE24
Member since Oct 2010
54132 posts
Posted on 8/15/23 at 9:23 am to
quote:

Because I said it would go higher. It did and sold in the 20s.
So you held it when it was at 50, 40, and 30 because you believed in the conspiracies about the share count, etc., but when it went from $17 to $20 you sold? What changed from March of ‘22 to August of ‘22 that you no longer believe the MOASS was going to happen that caused you to sell?
Posted by Buck_Rogers
Member since Jul 2013
1840 posts
Posted on 8/15/23 at 9:37 am to
quote:

What changed from March of ‘22 to August of ‘22

I made a shite load of money on call options, which more than doubled my initial goal.

ETA: Again, you are assuming that I am/was an APE. I never said that. I said I just saw where there was an opportunity for money to be made.

Also, after they issued APE shares it was clear to me to move on.
This post was edited on 8/15/23 at 9:42 am
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