People have been predicting the demise of movie theatres, seemingly forever. Radio, TV, VCRs, DVDs, streaming, and Covid all would bring our end, per the conventional wisdom. How wrong could they be? Wrong, wrong, wrong in my view.
Admittedly, the ravages of COVID were a kick in the teeth, but our industry has been building back up steadily from 2020 to 2023.
Our largest issue now is that Hollywood has been releasing fewer movies, primarily because of production delays caused by five months of actors and writers strikes in 2023. As we look at the industry-wide box office for 2025 and 2026, knowing the movies currently slated for release, we are quite optimistic about developments for our company in the years ahead.
There will be tosses and turns along the way, of course. But AMC has been leading the way since 1920, and I have every confidence we will continue to make progress on our path forward.
🚨BREAKING:🚨
Ken Griffin of #Citadel confessed on live TV that big money is, and should be, determining the price of securities, not supply and demand. This is why @GaryGensler's definition of a market manipulator targets the retail traders who aim to disrupt the price fixing by big money.
More importantly #KenGriffinLiedUnderOath, and he just admitted it.
To celebrate 8M followers:
Every single like this tweet gets x 8.
That exact USD will be a bonus allocation to feeding children via https://t.co/YF6oqP3HRn
We are the worlds most efficient charity.
Visa.
Hotel.
Flight tickets. (2%)
98% is spent on aid.
AMC's millions of shareholders are going to find the new movie Dumb Money opening September 15 to be utterly fascinating. Sony and Columbia Pictures have set out to showcase the increasing stature and power of the retail investor -- through the lens of the extraordinary trading of GameStop stock back in 2021.
Through good times and tough times, AMC Entertainment has been on a journey together with retail these past several years. Sometimes glad, sometimes mad, your enthusiasm and passion should never be underestimated. The rise of retail -- the democratization of Wall Street -- is a story for the ages.
I gotta tell ya, being a trader for years and watching the $AMC chart unfold in real-time has been very uncomfortable.
Between the no-halts to the downside (and every halt possible to the upside), heavy inflows as price continues to tank, insane FTDs, spoofing, short-and-distort campaigns, bid pulls and large ITM put suppression, I can safely say (IN MY PERSONAL OPINION) that it is the most manipulated stock I’ve ever seen.
They’re doing everything in their power to keep the company from raising needed capital — I’ve been doing my best to keep an eye on the tape this last week while getting my trades done and I assure you that the price action does not reflect the tape.
This is the stock of the worlds largest movie theatre chain that just had record breaking numbers by the way.
Other guys on FinTwit don’t get it; I get it. For these guys whose target audience is retail investors, it’s shameful and gross to see them bashing the most retail-held stock on the market amidst what is clearly (can’t believe I’m saying this) a crime scene. Shows how little they know about the underworkings of the street.
Can’t say for certain as I need to see price action develop in September but I think this stock turns around soon — feels like things are finally coming to a head within the next 6 months or so.
I’m with you.
🚨🚨🚨 Bill gates donated 100 000 chickens to Africa, then the #Birdflu broke out and killed 3.5 million chickens in Nigeria 🇳🇬alone, so they had to be replaced by another Bill Gates company that produces food - This man is a real philanthropist!!! He destroys everything first, then he builds it back🖕🖕🖕
I can’t understand why people don’t go after him? He has countless horror stories from India 🇮🇳 and Africa!!!
In my eyes, #BillGates is one of the most EVIL people to ever walk this planet - He genetically modifies everything in his path to cause disease and to make people more dependant on human beings like him than Nature!! It’s also clear that his methods bring CRISIS that he later solves for financial gain and reputation enhancement - Do you guys see what I’m seeing?
#BillGates #CrimesAgainstHumanity