AMC crushed it at the box office this weekend. Our busiest of the year in 2024 so far, with 3.8 million guests at our U.S. theatres. Friday was the single busiest day of β24. That record lasted only one day, Saturday beat it. Only fools believe that movie theatres are dead.
Citron is no longer short $GME. It's not because we believe in a turnaround for the company fundamentals will ever happen, but with $4 billion in the bank, they have enough runway to appease their cult like shareholders. Despite Wedbush setting an $11 target today, we respect the market's irrationality. After all, Dogecoin remains a $20 billion entity. While the increased share count might temper the mob mentality, Citron will be watching from the sidelines for now. BTW....the Kitty livestream was still an insult to the capital markets.